Workers producing clothes in a factory in Huaibei, China. STR | AFP | Getty Images A private survey released on Thursday showed China’s manufacturing activity expanded in the month of December. The Markit/Caixin Purchasing Managers’ Index (PMI) for manufacturing came in at 51.5, compared to 51.8 in November. Analysts polled by Reuters had expected the private manufacturing
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An employee holds a jar of marijuana on sale after it became legal in the state to sell recreational marijuana to customers over 21 years old in Ann Arbor, Michigan. Illinois begins the legal sale of marijuana on Jan 1, 2020. Matthew Hatcher | Reuters Illinois rings in the new year on Wednesday by joining
Jeff Kravitz Mariah Carey’s Twitter account was hacked on New Year’s Eve allegedly by the same group that took control of Twitter CEO Jack Dorsey’s account. Dozens of tweets were posted on the hacked account, some using the N-word and others referring to the Chuckling Squad, a hacker group that took control of Dorsey’s account,
An employee picks up a Juul Labs device kit for a customer at a store in San Francisco. David Paul Morris | Bloomberg | Getty Images The Trump administration will ban flavored e-cigarette pods, with the exception of menthol and tobacco flavors, and flavored liquid nicotine products commonly sold in vape shops, a senior administration
CEO Cussion Kar Shun Pang rings the opening bell at the NYSE. Photo: NYSE Check out the companies making headlines in midday trading: Tencent Music — Shares of Tencent Music rose 1.4% after Universal Music Group sold a 10% stake to a consortium led by the Chinese tech company. The deal values Universal Music at
Ousted Nissan chairman Carlos Ghosn issued a statement on Tuesday confirming reports that he’s left Japan and is now in Lebanon. “I am now in Lebanon and will no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied, in flagrant disregard
This photo taken on May 3, 2018 shows a worker cutting steel at a factory in Huaibei in China’s eastern Anhui province. AFP | Getty Images China’s official Purchasing Managers’ Index for manufacturing came in slightly above expectations at 50.2 for the month of December, the country’s statistics bureau said on Tuesday. Economists polled by Reuters had
Doug McMillon, chief executive officer Walmart Jonathan Fickies | Bloomberg | Getty Images After two deadly shootings at Walmart stores over the summer, Walmart CEO Doug McMillon made a surprising move. The retailer on Sept. 3 said it would halt sales of ammunition for assault-style rifles and handguns and that it would begin asking shoppers
A canceled flight, in many of us, inspires frustration and anger. And for billionaire Richard Branson, it’s no different. Only when the British entrepreneur was met with a cancelled flight in the early 80s, it inspired another response, too: A new business idea. Branson — already a successful businessman, having formed Virgin Records some years
A nurse holds up a one dose bottle and a prepared syringe of measles, mumps and rubella virus vaccine made by Merck at the Utah County Health Department on April 29, 2019 in Provo, Utah. George Frey | Getty Images A cabal of doctors are hiding the cure for cancer, berries are more effective than
A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images 2019 brought with it more retail bankruptcies. And the implications have been more store closures, thousands of lost jobs and an vastly different
General Motors’ CEO Mary Barra testifies during a House Energy and Commerce Committee hearing on Capitol Hill, on April 1, 2014 in Washington. Getty Images DETROIT — Mary Barra became one of America’s best-known executives when she took the helm as the first female CEO of General Motors in 2014. But the recognition quickly turned
A contractor guides a steel beam into place while working on the Korean Air Wilshire Grand hotel and office building in downtown Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images For some people, a bad day at work means missing a deadline or getting yelled at by your boss. For others, it means
The Food and Drug Administration‘s call on whether to approve Biogen‘s experimental Alzheimer’s drug, aducanumab, will be the “most important decision” the federal regulator will make in 2020, Bernstein analyst Ronny Gal said Friday. When asked if he thought the FDA would approve the drug, Gal said, “Yes.” “[But] you’ve got to be cautious about
A display at a Michael’s store Source: Michael’s Michaels Companies is replacing its new CEO Mark Cosby after just over two months, hiring Walmart executive Ashley Buchanan to run the arts and crafts retailer as part of a leadership shuffle announced Friday. Buchanan will become the president and designated CEO starting on Jan. 6 while
The Mandalorian and the Child on Disney+’s “The Mandalorian.” Disney Season two of the beloved Disney+ Star Wars show “The Mandalorian” will be released in fall 2020, showrunner Jon Favreau said Friday. Favreau tweeted out the date along with a photo of a statuette of Gamorrean, a green-skinned pig-like species seen in the Star Wars
Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images In the beauty business, there’s been a changing of the guard over the past decade. Social media has bolstered the success of specialty stores and cultivated a number of billion-dollar upstart beauty brands that are going
Donald Trump in Home Alone 2 Source: YouTube The Canadian Broadcasting Corp. said Thursday that a TV version of the Christmas movie “Home Alone 2: Lost in New York,” which erased a cameo from President Donald Trump, was edited years before Trump became president. The Trump-free version of the 1992 film, which aired on the
Luka Doncic #77 of the Dallas Mavericks warms up before the game against the Toronto Raptors on December 22, 2019 at the Scotiabank Arena in Toronto, Ontario, Canada. Mark Blinch / NBAE / Getty Images Twenty-year-old Dallas Mavericks player Luka Doncic, who is originally from Slovenia, grew up admiring Michael Jordan — as many do.
Check out the companies making headlines before the bell: Boeing – Boeing remains on watch, after new documents reviewed by a congressional panel revealed what’s being called “very disturbing” revelations regarding the grounded 737 Max jet, according to a congressional aide quoted by Reuters. Boeing issued a statement saying it had proactively brought the documents