Business

Collective bargaining hasn’t traditionally had a place in Silicon Valley. Unions are nearly non-existent for white-collar tech workers, who typically enjoy large salaries, cushy perks and plenty of career mobility thanks to their high-demand skills. Wendy Liu, the economics editor of UK-based publication “New Socialist” and a former Google employee, says that the protests overall
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Michael Nagle | Bloomberg | Getty Images A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Nov. 2, 2018.  Cramer wants investors to be prepared for the week ahead after days of news-driven swings in the stock market. “This market punishes you for having too
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Microsoft Corp.: “They reported a great quarter, but then, remember, what happened is we got caught up in some sort of tech battle. It’s come back down. It’s time to buy.” Alnylam Pharmaceuticals: “We have some biotech stocks that are down huge, like an Amgen, which my charitable trust owns. You can follow along by
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Jonathan Ernst | Reuters President Donald Trump and China’s President Xi Jinping make joint statements at the Great Hall of the People in Beijing, Nov. 9, 2017. U.S. President Donald Trump has asked officials in his administration to start drafting the terms of a possible trade deal with China, Bloomberg reported Friday, citing four unnamed
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CNBC’s Jim Cramer is not backing down from his “own Apple, don’t trade it” maxim despite the stock’s drop after earnings, in which the iPhone maker said it would stop providing results for its individual products. “I am sure there are people who will just say, ‘You know what? I have to panic and sell
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Matthew Busch | Bloomberg | Getty Images Nick Akins, chairman, president and chief executive officer of American Electric Power Co. Nick Akins, the chairman and CEO of the largest power transmission network in the United States, is keeping a close eye on the country’s economic patterns, he told Cramer in an exclusive interview Wednesday. “Oil
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China reported slower manufacturing growth in October for the second straight month as the country’s trade war dispute with the U.S. continues. Official manufacturing Purchasing Managers’ Index (PMI) was 50.2 — lower than the 50.6 analysts analysts expected in a Reuters poll. The official manufacturing PMI was 50.8 in September. A reading above 50 indicates
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Apollo Commercial Real Estate Finance Inc.: “I don’t know, I hate commercial real estate. I mean, honestly, I think that’s the next thing that’s going to roll over. That’s what this market is telling me. I mean, you can stay the course in it, but that’s where I think the real weakness is coming next
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But Amazon has shown that it can do many things at once, and it’s not afraid to take on low-margin industries with established incumbents. Health industry executives can no longer rely on complexity as being the significant barrier to entry. “It’s a defense that health care has used for why we haven’t created the kinds
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There are many different kinds of sell-offs — from garden-variety pullbacks to wholesale breakdowns like the 2008 financial crisis — but the key for investors is knowing why they’re occurring, CNBC’s Jim Cramer says. “There are all sorts of sell-offs, but unless they involve systemic risk, they’re going to prove to be buying opportunities,” he
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Matt McClain | The Washington Post | Getty Images Facebook CEO, Mark Zuckerberg Facebook said Friday it has taken down 82 more pages and accounts with ties to Iran that were posting politically charged memes. A combined 1 million users followed at least one of the accounts, which were live on both Facebook and Instagram.
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