The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Gavin Baker, a well-known stock picker at the mutual-fund giant Fidelity Investments, was fired last month for allegedly sexually harassing a junior female employee, the Wall Street Journal reported on Thursday, citing an attorney for the female employee and other people familiar with the matter.
The female employee is a 26-year-old equity-research associate at the firm, and is currently on leave, the Journal said, citing people familiar with the matter.
Other junior employees also have complained to superiors about harassment by Baker, the Journal reported.
A spokesman for Mr. Baker says he "strenuously" denies any "supposed" allegations of sexual harassment, according to the WSJ report.
Baker could not be immediately reached for comment, while Fidelity declined to comment on his resignation.
Fidelity Chief Executive Abigail Johnson made the decision to fire Baker after the woman filed an internal complaint to Fidelity's human resources department about the alleged harassment, the newspaper said.
"Speaking generally, however, when allegations of these sorts arise, we investigate them immediately and take prompt and appropriate action," Fidelity spokesman Vincent Loporchio said.