Trump inexplicably told Chuck Schumer and Nancy Pelosi that Mexico would pay for the border wall as part of the landmark new trade deal

Trump inexplicably told Chuck Schumer and Nancy Pelosi that Mexico would pay for the border wall as part of the landmark new trade deal

President Donald Trump told House Speaker-designate Nancy Pelosi and Senate Minority Leader Chuck Schumer that Mexico would pay for his proposed wall along the border, but the president made a head-scratching claim about how that would happen. According to sources with knowledge of private portions of Trump’s contentious meeting with the Democratic leaders, Trump insisted…

Huawei’s Sabrina Meng Wanzhou has been granted bail in Canada

Huawei’s Sabrina Meng Wanzhou has been granted bail in Canada

Meng shed tears and embraced her legal team as the Vancouver court reportedly burst into applause as Justice Ehrcke granted the bail that looked ominously distant on Monday. However, while news of the bail will be met with relief among global markets and advocates of US-China free trade, the daughter of Ren Zhengfei faces strict…

Citigroup is promoting 125 employees to managing director — we’ve got the internal memo with the full list of names

Citigroup is promoting 125 employees to managing director — we’ve got the internal memo with the full list of names

Citigroup is promoting a new class of 125 managing directors — the highest rank at the firm — in its Institutional Clients Group, effective January 1 of next year. Citi is promoting 40 workers in its banking unit, 55 in its sales and trading unit, and 30 more across other units, including its private bank,…

Trump promises China is ‚back in the market’ for US soybeans, but government data suggests otherwise

Trump promises China is ‚back in the market’ for US soybeans, but government data suggests otherwise

President Donald Trump said on Tuesday that China was already busy purchasing a „tremendous” amount of US soybeans, Reuters reported on Tuesday. But while Trump told the news wire service that the Chinese government was „back in the market” to buy soybeans — a critical livestock feed for China — after a December 1 truce…

Google CEO Sundar Pichai’s testimony to Congress exposed the abject failings and futility of Washington’s version of tech policy

Google CEO Sundar Pichai’s testimony to Congress exposed the abject failings and futility of Washington’s version of tech policy

Sundar Pichai’s 3 1/2 hour testimony before the House Judiciary Committee on Tuesday was noticeably lacking in enlightening answers. The Google CEO was there as a witness to talk about transparency and accountability at the Californian technology giant, and it was a rare opportunity for serious scrutiny of Google’s — and the broader tech industry’s…

CBS News has settled a lawsuit with 3 women who accuse former host Charlie Rose of sexual harassment

CBS News has settled a lawsuit with 3 women who accuse former host Charlie Rose of sexual harassment

CBS News has settled a lawsuit with three women who accused former CBS anchor Charlie Rose of „blatant and repeated sexual harassment” and „subsequent unlawful retaliation.” The suit against CBS News was discontinued Friday, and the terms of the settlement are confidential. The suit against Rose remains open. A CBS News spokesperson told Business Insider…

The 3 biggest takeaways from WPP’s ‚radical evolution’ turnaround plan

The 3 biggest takeaways from WPP’s ‚radical evolution’ turnaround plan

WPP is no longer an ad holding company; instead, it’s a „creative transformation company.” That’s how CEO Mark Read positioned the ad network giant at the company’s investor day Tuesday in London, while outlining a turnaround plan for the company seeking to revive growth. Among the key pillars of WPP’s plan: Cutting about 3,500 jobs,…

An Amazon bull says the company’s stock is his ‚best idea’ for 2019. Here’s why

An Amazon bull says the company’s stock is his ‚best idea’ for 2019. Here’s why

If you ask John Blackledge, a financial analyst at Cowen Equity Research, you can’t find a better bet for next year than Amazon. The company has numerous opportunities ahead of it that could boost its revenue and swell its profits, including not just widely watched areas like its cloud-computing business, but also more obscure ones,…

Trump reportedly flicked a folder and scattered papers in anger after his fiery debate with Nancy Pelosi and Chuck Schumer

Trump reportedly flicked a folder and scattered papers in anger after his fiery debate with Nancy Pelosi and Chuck Schumer

President Donald Trump was reportedly upset after his tense Oval Office meeting with House Speaker-designate Nancy Pelosi and Senate Minority Leader Chuck Schumer on Tuesday. The revelation comes despite Trump publicly downplaying video footage of him and the two Democrats debating over the federal budget and funding for the wall Trump wants to build on…

Reddit cofounder Alexis Ohanian on where he thinks the future of technology and automated jobs are headed

Reddit cofounder Alexis Ohanian on where he thinks the future of technology and automated jobs are headed

At IGNITION 2018, Alexis Ohanian, Reddit cofounder and Initialized Capital cofounder, spoke with Alyson Shontell about the future of technology that includes artificial intelligence, autonomous vehicles, and self checkout. He also explained where he thinks we need to focus innovation and education to prepare for an age of automated jobs.