Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
The launch comes as Apple's laptops have been criticized for a keyboard design that users say breaks easily and results in key presses resulting in doubled-up characters or...Tech Driversread more
Craig Irwin of Roth Capital Partners said Apple tried to buy Tesla six years ago for a higher price than where the stock now trades.Technologyread more
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her...Politicsread more
Former Facebook executive Alex Stamos said Mark Zuckerberg should hire a new CEO and turn his focus to building products.Technologyread more
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to...Retailread more
During the first week of June, Turkey must cancel a multibillion-dollar deal with Russia and buy the U.S.-made Patriot missile defense system or face removal from Lockheed...Politicsread more
Comcast is working on a device to monitor people's health at home, as well as some media and communications services, according to people familiar with the plans.Technologyread more
A more than 10 percent drop in Apple shares in the past two weeks is leading investors to target the tech behemoth's suppliers as an alternative way to play on the decline.
Since touching an intraday high of $133 on July 20, Apple shares are down 13 percent, trading in correction territory.
One reason for the reversal in the stock, according to market watchers, is a projected slowdown in China, one of the largest consumers of Apple's products.
"We are estimating that China's GDP will decline to minus 2 percent from current growth of between positive 5 percent and 7 percent," wrote Trip Chowdhry, managing director at Global Equities Research.