US pursuing criminal charges against Huawei for alleged theft of trade secrets: WSJ

US pursuing criminal charges against Huawei for alleged theft of trade secrets: WSJ

The criminal case reportedly stemmed from a civil case filed in Seattle District Court in 2014, in which T-Mobile said Huawei stole its proprietary technology after Huawei "abused its relationship as a phone handset supplier for T-Mobile to obtain access to T-Mobile's robot and, in violation of several confidentiality and nondisclosure agreements, copied the robot's…
In his last major interview, Jack Bogle gave a warning about this bull market

In his last major interview, Jack Bogle gave a warning about this bull market

"Trees don't grow to the sky, and I see clouds on the horizon. I don't know if and when they'll arrive. A little extra caution should be the watchword," Bogle told Barron's. "If you were comfortable at a 70 percent to 30 percent [allocation to stocks and fixed income], under these circumstances you'd like to…
Warren Buffett says Jack Bogle did more for the individual investor than anyone he’s ever known

Warren Buffett says Jack Bogle did more for the individual investor than anyone he’s...

"He converted, in a 30-year period, a lot of people to the right religion of investing," added the Oracle of Omaha. "And it's a good religion. It pays off." Buffett, 88, has long been an admirer of Bogle because of their shared interest in sensible long-term investing. The chairman and CEO of Berkshire Hathaway shared…
The bank stocks are leading stocks out of their rut, and it’s not too late to buy: Cramer

The bank stocks are leading stocks out of their rut, and it’s not too...

CNBC's Jim Cramer says the stock market's recent lift off its lows can be attributed to one key sector: the banks. "When you look at this incredible nine-day run in the financial stocks, there's really only one way to interpret it: the banks are leading this market's charge out of the bear-den abyss," he said…
Wall Street reacts to the death of investing legend Jack Bogle

Wall Street reacts to the death of investing legend Jack Bogle

Jack Bogle brought Wall Street investing to the masses and the industry thanked him for it following his death. The father of the index fund passed away Wednesday in Bryn Mawr, Pennsylvania, according to a statement from the company he founded, Vanguard. Among his many accomplishments over 89 years: Founding and running Vanguard Group, which…
Jack Bogle, founder of Vanguard Group and creator of the index fund, dies at age 89

Jack Bogle, founder of Vanguard Group and creator of the index fund, dies at...

"Invest as efficiently as you can, using low-cost funds that can be bought and held for a lifetime. Don't go chasing past performance, but buy broad stock index and bond index funds, with your bond percentage roughly equaling your age," he told Reuters in 2012. "Most of all, you have to be disciplined and you…
China goes all out to boost its economy during trade talks, while the effect of US stimulus is fading

China goes all out to boost its economy during trade talks, while the effect...

As the U.S. and China negotiate on trade, Beijing is working overtime, pulling multiple levers to steady its lagging economy and boost markets. China's central bank on Wednesday injected a record $83 billion into the financial system, seeking to avoid a cash crunch. The move is the latest in a series of stimulus efforts by…
Amazon is on a hiring spree in India, even as new restrictions on foreign sellers loom

Amazon is on a hiring spree in India, even as new restrictions on foreign...

Bloomberg | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon points to an aquarium while touring the Spheres during opening day ceremonies at the company's campus in Seattle, Washington, in 2018. The Spheres, a new gathering and working space for Amazon employees located in the heart of the downtown Seattle…
Pound rises after Theresa May wins no-confidence vote

Pound rises after Theresa May wins no-confidence vote

David Levenson | Bloomberg | Getty Images Theresa May, U.K. prime minister, listens to a question from reporters as she delivers a statement on the Brexit agreement during a news conference inside number 10 Downing Street in London, U.K., on Thursday, Nov. 15, 2018. The British pound rose against the dollar on Wednesday after UK…
Jamie Dimon says a hard Brexit would be a ‘disaster’ for the UK

Jamie Dimon says a hard Brexit would be a ‘disaster’ for the UK

J.P. Morgan Chase CEO Jamie Dimon said Wednesday it would be in the United Kingdom's best interest to avoid a hard exit from the European Union. "I think a hard Brexit will be a disaster for Great Britain," Dimon said at the Economic Club of New York. "We don't think it will happen because it's…

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