It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.Marketsread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays...Technologyread more
Google will meet with New Zealand's Justice Minister on Tuesday, after he lashed out at the search engine platform said the tech giant could be prosecuted for naming the suspect in backpacker Grace Millane's murder.
Internet users in the country searched the suspect's name more than 100,000 times after a Google trending alert revealing his identity was sent to subscribers, the New Zealand Herald reported.
The 26-year-old man accused of murdering the British backpacker had applied for name suppression in compliance with New Zealand law. His lawyer said he would appeal to the High Court when this request was rejected, triggering a 20-working-day suppression order.
New Zealand Justice Minister Andrew Little told the Herald on Thursday that the source who leaked the name would be prosecuted if police were willing to launch an investigation.
He reportedly said he would tell Google representatives that "we cannot surrender the administration of justice to algorithms and machines," and that he did not believe the U.S. firm's claims that it didn't know the name was suppressed.
A Google spokesperson told CNBC via email: "We respect New Zealand law and understand the concerns around what is clearly a sensitive case. When we receive valid court orders, including suppression orders, we review and respond appropriately."
The New Zealand government will decide on the next course of action on this matter after their meeting on Tuesday.