business news
The Routing Company lets you hail a ride — on public transit
The Routing Company powers on-demand bus and shuttle service for public transit agencies. Courtesy: The Routing Company The Routing Company is rolling out apps that bring the convenience of on-demand ride-hailing to public transit. Led by CEO James Cox, formerly the global head of product operations at Uber, the 40-person Boston startup has developed rider, […]
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Putin’s Russia looks increasingly desperate as Ukraine war nears stalemate, analysts say
Ukraine soldiers inspect the rubble of a destroyed apartment building in Kyiv on March 15, 2022, after strikes on residential areas killed at least two people, Ukraine emergency services said. Fadel Senna | Afp | Getty Images With Russia’s invasion of Ukraine now approaching its fourth week, President Vladimir Putin’s forces have exerted brutal force […]
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Op-ed: Why investors should care about who owns their advisor’s firm
Getting financial advice online is easier than ever before. Even so, many investors are likely to discover that there is no substitute for a human financial advisor. The problem, however, is selecting the right one. One thing an investor should consider is the advisor’s investing acumen. Low-cost funds that track various indexes are widely available. […]
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Coal’s a ‘stupid investment’ and we’re ‘sleepwalking to climate catastrophe,’ says UN chief Guterres
UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimism” and […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE U.S. stock futures were little changed Monday after strong gains last week that saw the […]
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Apple supplier Foxconn resumes normal operations after Covid disruption
Foxconn, a major Apple supplier, has “basically” resumed normal operations in Shenzhen, China after an uptick in Covid cases in the area caused it to pause production last week, according to Reuters. Foxconn said on Wednesday it had partially resumed production in Shenzhen by implementing a “closed loop” system with employees who live on the […]
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General Motors ramps up production of Cadillac Lyriq, company’s first electric vehicle
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ from a General Motors plant to discuss the company’s planned rollout of its first electric vehicle, the Cadillac Lyriq. Source
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Match launches Stir, a dating app for single parents
Match announced Stir, a new dating app to connect single parents. Stir Match Group, one of the world’s largest dating companies, launched its latest dating app on Monday, called Stir. Stir is meant for connecting single parents, a community of 20 million in the U.S. that “are oftentimes underserved on mainstream dating apps,” the company […]
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U.S. private equity giant pays $10.7 billion for SAP rival started in an English barn
Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC U.S. private equity giant Thoma Bravo has bought British enterprise software firm Anaplan for $10.7 billion. The deal, announced Monday, will see Thoma Bravo pay $66 per share in an all-cash transaction. Anaplan was founded in 2006 in a barn in Yorkshire, England, by Guy Haddleton, […]
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German firms sign deals in UAE as Berlin seeks alternative energy supplies
Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin […]
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