United States

Kushner Cos. is subpoenaed by the feds following a report the company filed dozens of false documents

The Kushner Cos. confirmed it was subpoenaed by for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City.

Investing

Pinnacle Foods shares surge after activist investor Jana takes 9.1% stake

Activist investor Jana Partners disclosed a 9.1 percent stake in Pinnacle Foods and said it would seek talks with the company on a range of subjects.

Investing

Why General Electric is the only earnings report that matters right now

General Electric earnings are coming into focus as the company reports Friday.

United States

Nike's vice president of footwear quits, the latest in a string of high-level executive departures this month

Nike's vice president of footwear, Greg Thompson, has left the company, the latest in a string of executive departures at the sportswear maker.

World

Hyperloop wants to bring its futuristic people-mover to the Middle East — and it wants to do it soon

Hyperloop Transportation Technologies Chairman Bibop Gresta said the company will build an initial 10-kilometer track in Abu Dhabi.

United States

Tesla battery production is the real bottleneck, not Model 3 production

Tesla's 2170 battery cells may have quality issues, but the still company may need a partner to ramp Model 3 assembly.

Technology

A billionaire hedge fund manager and the Fed chair runner-up are investing in a new cryptocurrency

Billionaire Stanley Druckenmiller and Fed chair runner-up Kevin Warsh have invested in a cryptocurrency project called Basis, the company said Wednesday.

World

You can now buy drinks, snacks and even hangover cures in the back of your Uber

Passengers using Uber or Lyft are now able to buy drinks, snacks and even phone chargers via tech company Cargo

World

Carl Icahn has taken a 'medium'-sized stake in VMware, sources say

Activist investor Carl Icahn has acquired a stake in VMware while Dell is considering a reverse merger with the company.

United States

Microsoft's Brad Smith says the company is 'principled' about who it works with

Microsoft's president and chief legal officer said on CNBC's Closing Bell on Tuesday that the company can "pick and choose" its customers.

World

Another blowout quarter for Netflix, but a couple of analysts see some risks for the stock

Netflix reported strong quarterly numbers, but a couple of Wall Street analysts see risks for the company.

World

Netflix CEO: We spend money more like a media company than a tech company

The executive said on a call with analysts Netflix's $10 billion content and marketing budget versus its $1.3 billion technology budget shows its much more of a media company.

Energy

Vistra Energy CEO: Coal is on its way out

Jim Cramer checks in with Vistra Energy CEO Curtis Morgan, who says coal is on its way out as his company looks for other renewable energy sources.

Energy

Coal is on its way out, says Vistra Energy CEO as company shuts down coal plants

Jim Cramer checks in with Vistra Energy CEO Curtis Morgan, whose company is moving away from coal to renewable energy.

United States

Starbucks manager who called police on two black men has left the company

A Starbucks manager has left the company after protests erupted stemming from the arrests of two black men.

Business

Britain's WPP, investors adjust to life without Sorrell

WPP founder and CEO Martin Sorrell stepped down after the board investigated an allegation of misconduct, leaving the advertising company struggling to maintain its success as the world's biggest advertising company.

United States

Meet the volunteers who fight fake reviews, ghost listings and other scams on Google Maps

The people who spend time trying to weed bad actors off Google Maps say the company isn't doing enough to curb spam.

United States

Tesla ships flawed parts to a local machine shop for fixes, and they're piled up outside

As Tesla scrambles to ramp up production of its Model 3, the company has been sending parts from suppliers to a machine shop for rework and design tweaks.

United States

Health-care companies are on a deal spree and aren't likely to stop anytime soon

The number of health-care deals rose 16 percent last year, while value surged 27 percent, according to Bain & Company.

United States

Zillow shares plunge 9 percent on the company's plan to start flipping homes

Shares of Zillow plunged 9 percent on Friday after the online real estate database company announced it will begin buying and selling homes.

United States

Broadcom shares jump over 4% on $12 billion stock buyback announcement

The company said on Thursday it would buy back up to $12 billion of its common stock.

Business

Volkswagen CEO Matthias Müller steps down, replaced by VW brand chief Herbert Diess

Volkswagen is making an attempt to break with the scandals that have rocked the company.

Technology

Germany's Festo is using robotic animals to improve manufacturing

German automation company Festo has been building robotic animals to study how their natural movements can improve manufacturing.

Technology

Regulatory scrutiny could end up helping Facebook: Analyst

Veteran internet analyst Colin Sebastian believes growing scrutiny of social media giant Facebook could wind up benefiting the company.

Europe

UK takeover panel rules Disney must offer to buy all of Sky

Walt Disney must make an offer for the whole of TV company Sky if it succeeds in buying Twenty-First Century Fox assets.

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