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 White House has threatened to slap tariffs on apparel and footwear, leading retailers to speak out about how this would hurt business.Retailread 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
Stock pickers are having their best year in a decade, according to Bank of America Merrill Lynch.Marketsread more
Binky Chadha, chief equity strategist at the firm, expects the market to pull back over the next three months before quickly bouncing back up.Investingread 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
The Twitter co-founder and Obvious Ventures partner spoke about Beyond Meat on Tuesday at Collision Conference in Toronto.Technologyread more
Former Trump campaign chairman Paul Manafort has sued special counsel Robert Mueller, Deputy Attorney General Rod Rosenstein and the Department of Justice in U.S. federal court, alleging that Mueller has strayed beyond the scope of the investigation he was authorized to pursue.
Manafort's suit also alleges the order appointing Mueller exceeds the deputy attorney general's authority. As a result, all actions taken by the special counsel "must be set aside," it argues.
"The actions of DOJ and Mr. Rosenstein in issuing the Appointment Order, and Mr. Mueller's actions pursuant to the authority the Order granted him, were arbitrary, capricious, and not in accordance with the law," the suit reads.
The appointment order authorizing Mueller as special counsel permits him to investigate any matters that "may arise directly from the investigation." Experts have said it gives Mueller wide latitude to determine the course of his investigation.
"I think it's going to be an uphill battle," said Sol Wisenberg, a leading white-collar attorney, referring to Manafort's suit. "These kinds of things usually don't prevail."
Manafort was indicted Oct. 27 on 12 counts related to unlawful financial dealings. He pleaded not guilty and has been contesting the charges. A trial is scheduled to begin in May.
The special counsel's office declined to comment.