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
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
The launch comes as Apple's laptops have been criticized for a keyboard that users say breaks easily and results in key presses that cause characters to double up or not...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 economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread 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
Donaldson was chief of staff to former White House counsel Don McGahn, who on Tuesday defied the Judiciary panel's subpoena to testify about special counsel Robert Mueller's...Politicsread more
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to...Retailread more
The U.S. State Department's current offer is the final one, according to multiple sources.Politicsread more
Actress Felicity Huffman pleaded guilty to federal charges on Monday, admitting that she paid a fixer thousands of dollars to boost her daughter's college admission hopes.
Prosecutors said Huffman, 56, shelled out $15,000 to have wrong answers corrected on daughter Sofia Grace Macy's SAT, leading to a remarkably improved score from the teen's PSAT performance, prosecutors said.
The "Desperate Housewives" and Oscar-nominated actress, who is married to fellow actor William H. Macy, agreed to plead guilty last month to conspiracy to commit mail fraud and honest services mail fraud, according to court records.
Prosecutors on Monday recommended the actress receive four months in prison.
Joining Huffman in pleading guilty in a federal courtroom in Boston on Monday was Los Angeles businessman Devin Sloane, who paid $250,000 for his son to be admitted as a phony water polo recruit at the University of Southern California.
Before Monday, three other parents had already formally pleaded guilty in connection to the wide-ranging prosecution. Nine others have made agreements with prosecutors to plead guilty at a later date.
Read More from NBC News
Tlaib defends remarks on Holocaust and Israel, charges GOP spreading 'outright lies'
Search for Amanda Eller, missing hiker in Hawaii, extends into fifth day
Dog disease that can be passed to humans confirmed in Iowa
The actress has said her daughter had no idea what she was doing behind her back. Sofia Grace was a student at Los Angeles High School for the Arts, when her mom was arrested in March.
"I am ashamed of the pain I have caused my daughter, my family, my friends, my colleagues and the educational community," Huffman said in a statement last month, after revealing her plans to plead guilty.
"I want to apologize to them and, especially, I want to apologize to the students who work hard every day to get into college, and to their parents who make tremendous sacrifices to support their children and do so honestly."
Huffman paid the money to a fund controlled by William Rick Singer, who ran a lucrative business getting his clients into prestigious universities,
He took thousands of dollars from well-heeled clients to either boost standardized test scores of their teenage children or pass them off as elite athletes, deserving of special — lower — admissions standards.
Singer pleaded guilty in March to racketeering conspiracy, money laundering conspiracy, conspiracy to defraud the United States and obstruction of justice.
Schools such as Yale, Stanford, USC, Wake Forest and Georgetown, among others, were implicated in the far-reaching probe dubbed "Operating Varsity Blues," by federal agents.
Several of Singer's co-defendants have already pleaded guilty and are awaiting sentencing. They include former Yale women's soccer coach Rudy Meredith, the operation's paid test-taker Mark Riddell, and one-time Stanford sailing coach John Vandemoer.
Actress Lori Loughlin and fashion designer husband, Mossimo Giannulli, have pleaded not guilty to allegations that they paid $500,000 in bribes to get their two daughters into USC as crew recruits even though neither of participates in that sport.