New European steel giant expects to cut 4,000 jobs

New European steel giant expects to cut 4,000 jobs

Watch rock turn into steel at 3,000 degrees Europe is set to get a new steel giant after two of the industry’s biggest players agreed to team up. Germany’s Thyssenkrupp (TKAMY) and India’s Tata Steel announced plans to merge their European operations on Wednesday to create a new force in an industry that is under → Read More

Amazon mistakenly sends baby registry emails

Amazon mistakenly sends baby registry emails

5 stunning stats on Amazon Finding out that someone has bought you a present is almost always awesome. Unless that gift is for your unborn child and you are, as far as you know, not expecting. Amazon sent out some very confusing emails on Tuesday, telling a large number of customers that someone had bought → Read More

After Russian Facebook ads, Democrats seek new FEC rules on social media politics

After Russian Facebook ads, Democrats seek new FEC rules on social media politics

Why was it so easy for the Russians to buy ads on Facebook? Democrats on Capitol Hill are launching new efforts to prevent Russians and other foreigners outside the U.S. from using social media to interfere in future American elections. House and Senate Democrats plan to send a letter to the Federal Election Commission this → Read More

Melinda Gates: To lift women out of poverty, put money behind them

Melinda Gates: To lift women out of poverty, put money behind them

Melinda Gates: #1 thing Trump could do is ‘fund things for women’ When Melinda Gates turned 50, she decided to dedicate the rest of her life to empowering women and girls — and fighting to advance opportunities for them. At that point, the co-chair of the Bill and Melinda Gates Foundation, the world’s largest private → Read More

Bed Bath & Beyond shares plunge after disappointing earnings report

Bed Bath & Beyond shares plunge after disappointing earnings report

These retailers filed for bankruptcy this year Bed Bath & Beyond shares plunged by about 12% in after-hours trading on Tuesday following a disappointing earnings report. The retailer said its net earnings for the second quarter of fiscal year 2017 were $94.2 million, a significant drop from the $167.3 million it reported for the same → Read More

Gun maker shares spike on news Trump may make it easier to sell overseas

Gun maker shares spike on news Trump may make it easier to sell overseas

The next possible gun industry sales boom: Silencers Shares of gun manufacturers spiked Tuesday in after-hours trading following a news report citing unnamed U.S. officials that President Donald Trump plans to ease gun export regulations. Shares of Sturm Ruger (RGR) rose by 13.7% on Tuesday. American Outdoor Brands (AOBC), previously Smith & Wesson, also saw → Read More

Bannon orders Breitbart to step up negative coverage of Trump-backed candidate

Bannon orders Breitbart to step up negative coverage of Trump-backed candidate

What you need to know about Steve Bannon Former White House chief strategist Steve Bannon on Tuesday morning ordered top editors at Breitbart to step up its overwhelmingly negative coverage of the Alabama Senate candidate backed by President Trump, a person familiar with the matter told CNN. Trump has endorsed Luther Strange in the race → Read More

What cybercriminals do with stolen Social Security numbers

What cybercriminals do with stolen Social Security numbers

Freezing your credit after Equifax hack…not so easy The Equifax hack released the private information of tens of millions of people into the hands of criminals. Now what happens to it? The Equifax breach included names, Social Security numbers and home addresses. Those are valuable details for criminals who want to drain bank accounts or → Read More

Melinda Gates: The VC industry 'needs to clean up its act'

Melinda Gates: The VC industry 'needs to clean up its act'

Melinda Gates: ‘Sad’ and ‘outraged’ at Google engineer memo Melinda Gates first heard about the controversial memo written by an engineer at Google from her husband, Bill — the billionaire founder of Microsoft. “He basically said, ‘You’re not going to believe this,'” Gates told Poppy Harlow at CNNMoney’s American Opportunity breakfast in New York on → Read More

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