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
The Trump administration on Friday announced new sanctions targeting a Russian bank, two North Korean entities and one North Korean citizen for facilitating "illegal financial activity."
The new sanctions, announced by the Treasury Department, came as President Donald Trump continued to pursue negotiations with North Korean leader Kim Jong Un to denuclearize the Korean Peninsula, as well as seeking improved relations with Russia.
The Russian-registered bank AgrosoyuzCommercial Bank (Agrosoyuz) was sanctioned for doing business with Han Jang Su, a North Korean who Treasury said was the "Moscow-based chief representative of Foreign Trade Bank (FTB), North Korea's primary foreign exchange bank."
Han is already designated under existing sanctions, but Treasury also sanctioned his deputy, Ri Jong Won, Friday.
The two newly sanctioned North Korean entities, DandongZhongsheng Industry & Trade Co., Ltd. (Zhongsheng), and Korea Ungum Corporation(Ungum), were both described in the Treasury announcement as front companies for FTB, the North Korean bank.
"The United States will continue to enforce UN and U.S. sanctions and shut down illicit revenue streams to North Korea. Our sanctions will remain in place until we have achieved the final, fully-verified denuclearization of North Korea," Treasury Secretary Steven Mnuchin said in a statement.
The Wall Street Journal reported earlier this week that North Korean workers were continuing to flow into Russia, in spite of UN sanctions intended to block cash from flowing back to North Korea.
The announcement came one day after Trump publicly thanked Kim for returning the remains of U.S. soldiers killed in the Korean War. The president said he looked forward to seeing the North Korean leader again "soon."