As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and also apply those discounts to private health plans.Health and Scienceread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district.Retailread more
Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for...Delivering Alpharead more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
The PSA features kids in what initially appears to be a cheerful spot. But it becomes darker as children show how their "back to school" products help in the context of a...Politicsread more
The formats will be available for Facebook's News Feed.Technologyread more
Tower Semiconductors Ltd.: "Here's the problem with Tower Semi: it is a semiconductor stock, and right now, they're for sale. If I didn't own any stock, I'd wait a couple days. If I owned it, I'd say fine, I've got to ride it through."
Momo Inc.: "No. I would not [consider it the new Facebook of China]. I consider it a company that I think is a very speculative situation that I cannot get my arms around, so I am going to say skip it. And Facebook, that's down 4 percent. Get that one down a little more and I think that you could actually buy that."
New Residential Investment Corp.: "Here's my problem: when I see that yield, an 11 percent yield, that, to me, is a red flag. I don't really know what they own, they're investing in residential housing, who really understands? I'd like to see more of the product and, mostly, I want to see them come on the show and then we can make a judgment."
NetEase Inc.: "Oh, jeez. Man, that is up 50 percent. It's another one of these companies from China. Let's not take any chances. Let's just cut that one in half and let the rest run."