The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
Powell will have the opportunity if not to walk back the "mid-cycle" assessment then to at least provide some further explanation about what it means.Economyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Twitter said Monday it suspended hundreds of accounts that are believed to be tied to a "significant state-backed information campaign" originating from inside China.Technologyread more
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.Marketsread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
In a statement Monday, Barr named Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons.Politicsread more
A strong jobs market and tax cuts are helping to bolster consumer spending at restaurants. The National Restaurant Association projects overall industry sales will hit a high...Restaurantsread more
As a fix for Silicon Valley's talent gap, billionaire tech CEO Thomas Siebel said the U.S. should work harder to keep international students, and be "stapling green cards to their diplomas."
The CEO of C3 IoT, a software company centered on the so-called internet of things, told CNBC's "Squawk Alley " it makes "no sense at all" to bar qualified foreign students from staying in the country after graduation.
"We're spending enormous federal dollars, tax dollars training and educating these people and then we don't allow them to work for us," he said.
Siebel echoed the sentiments out of Silicon Valley that the tech hub is facing a talent shortage, forcing some companies to look outside the field for hires.
"The students that we're graduating out of Stanford, Harvard, Illinois, Berkeley, who are getting their master's degrees, Ph.D.s in, say, data science, AI and computer science," Siebel said. "We're making them go home. I mean this is crazy."
President Donald Trump has made immigration a focus for his administration — calling for a bipartisan plan to address the issue in his State of the Union address Tuesday.
Democrats, some Republicans, and tech giants worry tighter restrictions and stricter vetting will keep skilled workers out of the country and further exacerbate the talent shortage.