As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
Apple's big iOS 13 update for iPhones is out now and includes lots of new features. Here's how to install it on your phone and what devices are supported.Technologyread more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
The FDA's Office of Criminal Investigations opened a probe "shortly after" people started falling ill, Mitch Zeller, director of the FDA's Center for Tobacco Products, told...Health and Scienceread more
Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order.Delivering Alpharead more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
Datadog priced its stock at $27, selling 24 million shares and raising $648 million in its IPO.Technologyread more
"We sell the most mission-critical identity security to the largest global enterprises around the world," says Ping Identity CEO Andre Durand.Marketsread more
President-elect Donald Trump said Wednesday that he had said no to a $2 billion deal from luxury property developer Damac Properties to avoid any conflicts of interest.
"I turned it down," Trump told journalists in his first press conference for six months on Wednesday. Trump added that as president of the United States he did not have to reject the deal but had preferred to turn it down.
Niall McLoughlin, senior vice-president at Damac Properties, told CNBC via email: "Damac can confirm that the discussions took place as stated in the media briefing but the proposals were declined. These proposals were for a variety of different property deals."
Trump said Damac's Chairman, Hussain Sajwani, is a "very amazing man". Both have struck several deals over the past years. According to the Washington Post, Trump's firm has received "millions of dollars in recent years" from such agreements.
These deals included the construction of a golf course – the Trump International Golf Club Dubai - a 7,205-yard, par 71 course which is due to be completed this year.
According to NBC News, Sajwani said in early January that he would like to strengthen his business relationship with Donald Trump. At the time he mentioned that he had ties with Trump's children.
"All his three children are very much involved, and I think under their leadership we will have no issue in expanding and growing and maintaining our business relation," Sajwani said, according to the report.
Trump has decided to hand his business empire to his adult children and said that he would not conduct any deals during his presidency.
Sajwani, who denied being involved in any political issues, added in the report in early January that the election of Trump should boost his business.
"Naturally, I think we will benefit from the strength of the brand going forward," he said.