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Investors pile yet more cash into tech stock funds

Investors pile yet more cash into tech stock funds

Global equity funds dedicated to technology amass $20bn so far this year

Published 1 second ago

Tax Probe of Trump Foundation Faces High Bar for Criminal Charges, Experts Say

Tax Probe of Trump Foundation Faces High Bar for Criminal Charges, Experts Say

New York state is investigating whether the Donald J. Trump Foundation violated tax laws, according to a senior Cuomo administration official, and legal experts say the bar is high for criminal charges.

Published 3 weeks ago

Microsoft’s Cloud Continues to Fuel Growth

Microsoft’s Cloud Continues to Fuel Growth

Microsoft’s revenue from server products and cloud services grew 26% in the fiscal fourth quarter as both revenue and earnings beat expectations.

Published 3 weeks ago

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs has brought in 15 outsiders at the elite rank of partner over the past year, the biggest influx of senior executives in two decades.

Published 3 weeks ago

On Amazon, Fake Products Plague Smaller Brands

On Amazon, Fake Products Plague Smaller Brands

Amazon has made it easy for small brands to sell their products to large numbers of customers, but that has also enabled some counterfeiters to cut into their business.

Published 3 weeks ago

Three Top FBI Cybersecurity Officials to Retire

Three Top FBI Cybersecurity Officials to Retire

Three of the top cybersecurity officials at the Federal Bureau of Investigation are retiring from government service—departures that come as cyberattacks are a major concern for the country’s security agencies.

Published 3 weeks ago

Trump to invite Putin to Washington

Trump to invite Putin to Washington

Aides begin discussions over another meeting in the autumn

Published 1 second ago

Microsoft’s cloud unit drives upbeat quarterly results

Microsoft’s cloud unit drives upbeat quarterly results

Revenues from commercial cloud operations jump 53%

Published 1 second ago

Donald Trump to Invite Vladimir Putin for U.S. Visit This Fall

Donald Trump to Invite Vladimir Putin for U.S. Visit This Fall

President Donald Trump has asked his national security adviser to invite Russian President Vladimir Putin to visit Washington this fall, the White House said.

Published 3 weeks ago

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast said it was dropping its pursuit for most of 21st Century Fox, ending a bidding war with Walt Disney, but said it would continue its pursuit of European pay-TV giant Sky PLC.

Published 3 weeks ago

Wells Fargo’s Latest Challenge: Refunds for Pet Insurance, Legal Services

Wells Fargo’s Latest Challenge: Refunds for Pet Insurance, Legal Services

Wells Fargo is in the process of refunding tens of millions of dollars for products ranging from pet insurance to legal services added to hundreds of thousands of customers’ accounts without their full understanding.

Published 3 weeks ago

On Amazon, Fake Products Plague Smaller Brands

On Amazon, Fake Products Plague Smaller Brands

Amazon has made it easy for small brands to sell their products to large numbers of customers, but that has also enabled some counterfeiters to cut into their business.

Published 3 weeks ago

Trump Rejects Putin Proposal to Let Russians Question Americans

Trump Rejects Putin Proposal to Let Russians Question Americans

President Donald Trump rejected a proposal from Russian President Vladimir Putin to allow Russian investigators to question a number of Americans, one day after White House officials touched off a backlash on Capitol Hill by saying they were reviewing the idea.

Published 3 weeks ago

Congress to Step Up Curbs on Chinese Deals With Sweeping Changes to U.S. Foreign Investment Reviews

Congress to Step Up Curbs on Chinese Deals With Sweeping Changes to U.S. Foreign Investment Reviews

Congress is poised to enact the first major changes in a decade to the U.S.’s process for vetting foreign investment following a bruising battle among lawmakers and some of the country’s biggest companies.

Published 3 weeks ago