In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Beto O'Rourke's campaign for the 2020 election raised just $3.6 million in the second quarter of this year, putting him in the lower tier of candidates who have struggled to...2020 Electionsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Monster Beverage Corp.: "You know what? I think MNST, which I had been a huge fan of for a long time, seems to have run out of gas. I'm not going to put my two thumbs up anymore. I'm going this way: don't buy."
Blackstone Group: "This is run by Steve Schwarzman. It's given you a bunch of distributions. Can't look at the stock price and see how much they really return to you. I think it's a terrific buy."
Xilinx: "I thought the last quarter was really good. The stock jumped up and then it came right back down. I feel it's been de-risked."
Celgene: "Look, if you want to do that, buy Amgen. That's another beaten-down one that has a giant buyback. Or Regeneron, which actually had a pretty decent quarter but nobody cares. Because I think Celgene overpaid for an acquisition from a couple years ago and it's still hurting. And Regeneron had a good quarter and it's going straight down. But, that said, I don't even like the group. "
Exelixis Inc.: "It's a development-stage biotech and they're not working right now so I'm not going to say, other than for total spec, [that] you should buy it."
MoneyGram International: "No, man. It's not a high-quality enough stock. Honestly, in this market, you've got to have quality. If you want to do payments and processing, there's so many other, better stocks right now, so we're going to stay away."
SunCoke Energy Partners: "I no longer like these stocks. I don't like them. I am telling you that 10 percent yield on SunCoke is now coming to be a red flag situation. You're not going to get me to go there."
Mattel: "The only way that I would tell you to buy Mattel is if I thought that Hasbro was going to buy it, but I can't recommend a stock on a takeover basis when the fundamentals aren't that good. Mattel is inexpensive, but so is Hasbro and Hasbro is higher quality and has not had four CEOs in the last few years. "
Waste Management: "You know, [CEO] Jim Fish was on recently and we had sold this stock for my charitable trust. Why? Because of the issue of the Chinese no longer taking the wastepaper. But it's a really high-quality stock, so I'm not going to go against it."