A CVS store manager was killed on the job by a man suspected of shoplifting, police say — the latest example of a US retail theft epidemic that is becoming increasingly deadly. Michael Jacobs, 49 — an operations manager at CVS Pharmacy in Mesa, Ariz., where he had worked for the past 20-plus years —
Bill Ackman has grown Pershing Square Capital Management to more than $16 billion from $54 million since he founded the fund nearly two decades ago. The 57-year-old activist investor speaks with On The Money about his return to office policy, his possible presidential picks and why hes still bullish on New York City. Lydia: You
Chevron’s Mike Wirth sees oil prices getting “close” to reaching the $100-a-barrel level, the chief executive of the No. 2 US energy producer said in an interview on Bloomberg TV. “Supply is tightening, inventories are drawing … the trends would suggest, we are certainly on our way, we are getting close (to $100/bbl),” Wirth said on
Most American adults have cut spending this year, according to a new CNBC-Morning Consult survey, which also revealed that consumers plan to stay frugal through the holidays. A whopping 92% of adults have cut back on discretionary spending over the past six months, CNBC found after polling 4,403 US adults last week. Consumers were most
A regular gallon of gas costs more than $6 on average in some parts of the Los Angeles area while prices reached as high as $7 in some parts of California on Tuesday as dwindling oil supplies put the squeeze on American motorists. It was the first time since October of last year that gas
Ant Group, a Jack Ma-founded affiliate company of Chinese tech giant Alibaba BABA , is withdrawing its investment from crypto-focused A&T Capital. A&T Capital was formed in 2021 with the majority of backing, roughly $100 million, from Ant Group. The companys focus was to invest in budding crypto startups, like it did in digital-asset lender
In this article Follow your favorite stocksCREATE FREE ACCOUNT A shopper for Instacart navigates through the aisles as she shops for a customer. Cyrus McCrimmon | Denver Post | Getty Images The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer. A combination of still-high valuations, a mediocre
President Joe Biden and the rest of the Biden regime continue to claim Bidenomics, has saved the U.S. economy. It is painfully obvious that none of these people live in the reality of the American working man and working woman. For them, the economy is teetering on the brink and Bidenomics has been a disaster.
The search term “live off grid” has reached the highest number of hits in internet searches in five years as increasingly more Americans realize they are screwed due to the financial terrorism of their overlords. American housing is now so obscenely expensive, and the country is in such shambles, that more Americans than perhaps ever
Alumni from several crypto and fintech companies launched Singapore-based Oak Grove Ventures, a $60 million fund that focuses on the intersection of biotech, Web3 and artificial intelligence (AI). Among those involved are Sally Wang, formerly of Sino Global Capital (now Ryze Labs); Ethan Wang, former tech lead of Libra; Shawn Shi, co-founder of Alchemy Pay
Ant Group, a Jack Ma-founded affiliate company of Chinese tech giant Alibaba BABA , is withdrawing its investment from crypto-focused A&T Capital. A&T Capital was formed in 2021 with the majority of backing, roughly $100 million, from Ant Group. The companys focus was to invest in budding crypto startups, like it did in digital-asset lender
WHOOPS — Incomplete disclosures by Apple and Google create huge blindspot for 0-day hunters No one mentioned that libwebp, a library found in millions of apps, was a 0-day origin. Dan Goodin – Sep 21, 2023 10:19 pm UTC EnlargeGetty Images reader comments 68 with Incomplete information included in recent disclosures by Apple and Google
Nomuras NMR digital asset subsidiary, Laser Digital Asset Management, introduced a Bitcoin BTC/USD Adoption Fund for institutional investors which is first among the numerous digital adoption investment solutionsthisbank plans to undertake. Komainu was chosen as its regulated custody partner and was formed from the collaborative efforts of Nomura, Ledgerand Coinshares. Nomura is based in Japan.
In the world of digital finance, few companies have enjoyed as meteoric a rise as Cash App. With its sleek interface and user-friendly features, Cash App quickly became a favorite among users seeking a convenient way to send and receive money. However, like many tech giants, Cash App's success has been lately marred by data
Hunter Biden, the First Son who documented terabytes worth of his own crimes across at least five genres of offense on at least three continents, has finally been indicted. Has hell frozen over? Are pigs flying? No. Its a limited hangout business as usual. Prosecutors have not charged Hunter with tax fraud, a crime he
In less than a week after Deutsche Bank DB and HSBC HSBC partnered with other companies for digital asset custody, Citigroup IncC has now turned to the digital asset space to launch tokenized digital assets using its own wallet and blockchain. Citi's Token Service will provide cross-border paymentsand liquidity all around the clock. Read More:
As Apple Inc AAPL and Alphabet GOOG GOOGL -owned Google penetrated into financial service and realized significant gains with mobile wallets, Americas biggest banks have joined their efforts to defend their turf. Namely, JPMorgan Chase & Co. JPM , Bank of America Corporation BAC and Wells Fargo & Company WFC , among others, will be
Danny Masterson is an actor most people havent thought about for a long time, if at all. By all accounts, his career peaked all the way back in 2006, with the conclusion of the sitcom That 70s Show. But a few years ago, all of a sudden, Mastersons name was everywhere. Thats because in March
Earlier this month, the New York Post published a recent report that ranked Harvard as the very worst college campus in America for free speech. The article details the annual rankings by the Foundation for Individual Rights and Expression (FIRE), a non-profit seeking to protect speech rights in America. FIREs annual report on freedom of
While there has been speculation that technology giant Apple Inc AAPL will release an electric vehicle, the company has not delivered on this initiative. That doesnt stop Apple from offering a new incentive for consumers who have an electric vehicle of their own. What Happened: Apple released the Apple Card in 2019 and it has