Business

Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images Apple has purchased autonomous vehicle startup Drive.ai, the company confirmed to CNBC. The deal confirms Apple’s continued interest in self-driving car software, and it will bolster
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A key measure of the American economy slipped this month after three consecutive months of increases as consumers saw the trade war with China as an increased risk. The Conference Board’s consumer confidence index declined to 121.5 in June, the business research group said on Tuesday, down from May’s recording of 134.1. The drop is
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An American Airlines Boeing 737 Max 8 arriving from Washington’s Ronald Reagan National Airport is seen taxiing to its gate at the Miami International Airport on March 12, 2019 in Miami, Florida. Joe Raedle | Getty Images American Airlines is prepared to further delay reintroducing the Boeing 737 Max to its schedule as regulators review
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A scene from Netflix’s miniseries “Chernobyl”. Source: Netflix We may be living in troubled times, but if you think that means that television shows with distressing subject matter would have trouble finding an audience, think again. Programming that traffics in gloom and doom, such as HBO’s “Chernobyl,” is resonating with large numbers of people, many
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Former FDA Commissioner Scott Gottlieb told CNBC on Friday that he believes it will be difficult for popular e-cigarette maker Juul to get government approval for its products. “Juul is in a hard spot to ever get their product approved,” Gottlieb said in a “Squawk Box” interview. “They have so much historical youth use with
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A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE
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Mark Hurd, CEO of Oracle, in an interview on January 20, 2016. Adam Jeffery | CNBC | Getty Images Oracle shares rose more than 8% and closed at a record Thursday after the software maker reported better-than-expected earnings. The stock had its best day in almost exactly two years, closing at $56.99 and helping lift
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