Month: July 2024
AMD says data center sales more than doubled in a year
Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the Austin Convention Center on March 11, 2024 in Austin, Texas. (Photo by Travis P. Ball/SXSW Conference & Festivals via Getty Images) Travis P. Ball | Sxsw Conference & Festivals | Getty Images […]
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Top Biden advisor Anita Dunn will join pro-Harris super PAC
Anita Dunn, senior advisor to U.S. President Joe Biden, departs the White House in Washington, D.C., on Jan. 23, 2024. Drew Angerer | Getty Images Senior White House advisor Anita Dunn is leaving her post next week to guide a massive political action committee that is supporting Vice President Kamala Harris’ presidential campaign against former […]
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Harris Atlanta rally will test her momentum on the ground in a key swing state
U.S. Vice President Kamala Harris delivers remarks at a campaign event in Pittsfield, Massachusetts, on July 27, 2024. Stephanie Scarbrough | Via Reuters A major campaign rally for Vice President Kamala Harris’ presidential run could draw a crowd of more than 10,000 people Tuesday night in Atlanta, stretching the limits of the Georgia State University […]
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Microsoft tells employees it will hand out one-time cash awards of up to 25% of annual bonus
Satya Nadella, CEO of Microsoft Bernd Von Jutrczenka | picture alliance | Getty Images Microsoft said on Tuesday it will pay a one-time performance-based cash award of up to 25% of annual bonus to rank-and-file to employees. Salaried and hourly workers at the senior director level and below will be eligible for the award, Kathleen […]
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Here’s everything you need to know about the Fed decision coming Wednesday
US Federal Reserve Chair Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Hearings to examine the Semiannual Monetary Policy Report to Congress at Capitol Hill in Washington, DC, on July 9, 2024. Chris Kleponis | AFP | Getty Images This week’s Federal Reserve meeting is not much about the present but potentially […]
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Starbucks is about to report earnings. Here’s what to expect
Starbucks glass art on a store in Tokyo. Jakub Porzycki | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here is what Wall Street analysts surveyed by LSEG are expecting: Earnings per share: 93 cents expected Revenue: $9.24 billion expected Shares of Starbucks have tumbled […]
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Trump address to Black journalist convention prompts co-chair Karen Attiah to quit
Washington Post Editor Karen Attiah leads a discussion on Saudi hacking techniques at the Oslo Freedom Forum 2019 on May 28, 2019 in Oslo, Norway. Julia Reinhart | Getty Images The co-chair of the annual National Association of Black Journalists convention stepped down Tuesday in apparent reaction to that group’s decision to have former President […]
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IDF targets Beirut suburb in retaliation for attack that killed 12 in the Golan Heights
Security forces and healthcare teams arrive at the site after an explosion caused by an Israeli airstrike, where a drone fired three missiles in the Dahieh area of Beirut., the capital of Lebanon, on July 30, 2024. Houssam Shbaro | Anadolu | Getty Images The Israeli military said on Tuesday it had carried out an […]
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Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market slides : The S & P 500 gave back earlier gains and fell throughout Tuesday afternoon, led lower by the mega-cap tech stocks. Ahead of the […]
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Federal regulator says Amazon can be held responsible for faulty goods sold on its marketplace
Federal regulators have determined that Amazon can be held responsible for defective goods sold by third-party merchants on its online marketplace, rejecting the company’s position that it’s merely an intermediary between consumers and sellers. In a landmark order released Tuesday, the U.S. Consumer Product Safety Commission said the agency unanimously agreed Amazon “fits squarely” within […]
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