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GM's relentless focus on profits could mean the automaker pulls out of South Korea sooner than later

GM'S RELENTLESS FOCUS ON PROFITS COULD MEAN THE AUTOMAKER PULLS OUT OF SOUTH KOREA SOONER THAN LATER

GM GM has been working to rescue its South Korean unit . The operation there has lost almost $3 billion over the past four years, Bloomberg...

Deutsche Bank reportedly sent $35 billion to an exchange by accident

DEUTSCHE BANK REPORTEDLY SENT $35 BILLION TO AN EXCHANGE BY ACCIDENT

Reuters/Kai Pfaffenbach Deutsche Bank accidentally sent $35 billion to an account at Deutsche Boerse AG's Eurex clearinghouse, according...

 
 
 
Lou Dobbs Claims Trump ‘Is Vindicated' After Rosenstein Says POTUS Not Target of Mueller Probe

LOU DOBBS CLAIMS TRUMP ‘IS VINDICATED' AFTER ROSENSTEIN SAYS POTUS NOT TARGET OF MUELLER PROBE

Fox Business Network anchor Lou Dobbs declared that President Donald Trump was “vindicated” after Bloomberg reported on Thursday that...

A security guy at JPMorgan spied on employees emails and phone calls using the secretive software tool Palantir

A SECURITY GUY AT JPMORGAN SPIED ON EMPLOYEES EMAILS AND PHONE CALLS USING THE SECRETIVE SOFTWARE TOOL PALANTIR

A security expert hired by JPMorgan used software by Palantir to conduct an extensive spying program on the bank's staffers and executives,...

 
 
 
Report: Qualcomm cutting jobs as it looks to reduce costs by $1B amid Apple legal case

REPORT: QUALCOMM CUTTING JOBS AS IT LOOKS TO REDUCE COSTS BY $1B AMID APPLE LEGAL CASE

Amid its ongoing legal battle with Apple, Qualcomm is said to be cutting jobs in an effort to reduce costs. A new report from Bloomberg...

California opens investigation into Tesla's workplace conditions

CALIFORNIA OPENS INVESTIGATION INTO TESLA'S WORKPLACE CONDITIONS

Tesla California's Division of Occupational Safety and Health said it is investigating workplace conditions for Tesla employees, Bloomberg...

 
 
 
Someone is selling 3 of Morgan Stanley's Morgan Stanley business cards on Craigslist for $1 million

SOMEONE IS SELLING 3 OF MORGAN STANLEY'S MORGAN STANLEY BUSINESS CARDS ON CRAIGSLIST FOR $1 MILLION

Someone is selling the business cards of a banker who recently left Morgan Stanley on Craigslist for $1 million. The former employee's...

Apple to Reportedly Launch Subscription News Service

APPLE TO REPORTEDLY LAUNCH SUBSCRIPTION NEWS SERVICE

Using Texture to lay the foundations, Apple is looking to a launch a new subscription news service. As Bloomberg 's Mark Gurman and...

 
 
 
Billionaire banking heir and cryptocurrency investor Matthew Mellon dies in rehab at 54

BILLIONAIRE BANKING HEIR AND CRYPTOCURRENCY INVESTOR MATTHEW MELLON DIES IN REHAB AT 54

Billionaire Matthew Mellon is dead at 54. He died at a rehab facility in Mexico after struggling with an addiction to painkillers. Mellon...

Apple expected to launch news subscriptions by early 2019

APPLE EXPECTED TO LAUNCH NEWS SUBSCRIPTIONS BY EARLY 2019

Following its acquisition of all-you-can-read magazine service Texture in March, Apple is planning to launch a news subscription service,...

 
 
 
Bank of America is gaining ground after earnings

BANK OF AMERICA IS GAINING GROUND AFTER EARNINGS

Bank of America is climbing after an earnings topped expectations. The US's third-largest bank by assets said it paid an effective...

The new Ritz-Carlton luxury cruise ships for the '1% of global travelers' look like incredible super yachts - and you can start booking next month

THE NEW RITZ-CARLTON LUXURY CRUISE SHIPS FOR THE '1% OF GLOBAL TRAVELERS' LOOK LIKE INCREDIBLE SUPER YACHTS - AND YOU CAN START BOOKING NEXT MONTH

Ritz-Carlton cruise ships are designed like yachts and come with 149 suites - each with their own private terrace - accommodating up...

 
 
 
Apple leak memo leaks, threatening employee termination and arrests

APPLE LEAK MEMO LEAKS, THREATENING EMPLOYEE TERMINATION AND ARRESTS

For the second time in a year, Apple has issued a warning to “leaking” employees, only for the warning to leak to the public. Taking...

Apple warned its staff that it caught 29 leakers and 12 were arrested last year: leaked memo

APPLE WARNED ITS STAFF THAT IT CAUGHT 29 LEAKERS AND 12 WERE ARRESTED LAST YEAR: LEAKED MEMO

Apple posted a warning to its employees on Friday telling them not to leak. The memo has been leaked to Bloomberg. In it, Apple says...

 
 
 
The unlikely way Jeff Bezos became one of the first investors in Google, which probably made him a billionaire outside of Amazon

THE UNLIKELY WAY JEFF BEZOS BECAME ONE OF THE FIRST INVESTORS IN GOOGLE, WHICH PROBABLY MADE HIM A BILLIONAIRE OUTSIDE OF AMAZON

Jeff Bezos made a personal early investment in Google in 1998, four years after founding Amazon as detailed in The Everything Store:...

Wells Fargo is climbing after earnings

WELLS FARGO IS CLIMBING AFTER EARNINGS

Wells Fargo topped analysts earnings expectations for the first quarter on Friday. The bank said its results could change depending...

 
 
 
Nintendo Teaming up With San Francisco Firm on Switch Upgrades

NINTENDO TEAMING UP WITH SAN FRANCISCO FIRM ON SWITCH UPGRADES

Nintendo is partnering with San Francisco based- venture firm Scrum Ventures to find new ways to utilize their Nintendo Switch console. According...

'You can't give away $5 billion': Boston's mayor takes jab at cities throwing money at Amazon for HQ2

'YOU CAN'T GIVE AWAY $5 BILLION': BOSTON'S MAYOR TAKES JAB AT CITIES THROWING MONEY AT AMAZON FOR HQ2

Boston is one of the 20 cities still in the running for Amazon 's HQ2 project . In a recent interview, Boston Mayor Marty Walsh seemed...

 
 
 
Apple cuts HomePod orders as some stores flog 'fewer than 10 a day'

APPLE CUTS HOMEPOD ORDERS AS SOME STORES FLOG 'FEWER THAN 10 A DAY'

Inventory in retail locations is 'piling up', claims Bloomberg

Bloomberg: Apple lowers HomePod forecasts & orders as early sales prove lackluster

BLOOMBERG: APPLE LOWERS HOMEPOD FORECASTS & ORDERS AS EARLY SALES PROVE LACKLUSTER

A new report from Bloomberg this evening highlights that Apple itself is concerned about the early market reaction to HomePod. The...