The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
Read More »Tesla sues Rivian for allegedly stealing secrets and stealing employees
Rivian EV SUV. Adam Jeffery | CNBC Tesla is suing electric vehicle startup Rivian, saying in a filing this week that its rival stole trade secrets and looted employees. “Rivian is knowingly encouraging the misappropriation of the trade secret, Tesla’s confidential and private information by the Tesla employees that Rivian …
Read More »WHO warns there is no return to “old normal” as coronavirus accelerates in three countries
The World Health Organization warned Thursday that it will not return to the “old normal” as the coronavirus pandemic accelerates in the United States and in the poorest developing countries. Half of all Covid-19 cases reported so far are from the United States, Brazil and India, WHO Director General Tedros …
Read More »WHO criticizes “unacceptable” comments by United States Secretary of State Mike Pompeo
Tedros Adhanom Ghebreyesus, director general of the World Health Organization (WHO), speaks during a press conference on the outbreak of the coronavirus COVID-19 in Geneva, Switzerland, Monday, March 2, 2020. Stefan Wermuth | Bloomberg via Getty Images Senior officials at the World Health Organization on Thursday criticized “unacceptable” comments by …
Read More »AT&T CEO Says ‘Tenet’ Won’t Drop Movie Theatrical Release
John David Washington and Robert Pattinson star in “Tenet,” an upcoming spy movie written and directed by Christopher Nolan. Warner Bros. AT&T CEO John Stankey promised moviegoers and theaters that “Tenet” will not skip its theatrical release. During a earnings call on Thursday, Stankey revealed that he loves the option …
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