Business

Canada grants bail for arrested Huawei CFO who faces US extradition

Jason Redmond | AFP | Getty Images Robert Long (L) along with Ada Yu hold signs in favor of Huawei Technologies Chief Financial Officer Meng Wanzhou outside her bail hearing at British Columbia Superior Courts in Vancouver, British Columbia on December 11, 2018.  A Vancouver judge set a $10 million CAD bail ($7.5 million U.S.) for Huawei Chief Financial Officer ...

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Pick long-term growth stocks in This specific ‘treacherous’ market

Between the mixed messages on U.S.-China trade along with concerns about an economic slowdown, day-to-day stock-picking will be becoming very challenging for the average investor, CNBC’s Jim Cramer acknowledged on Tuesday. “We’ve got to call a spade a spade. This specific market isn’t just volatile, This specific’s treacherous,” he said after yet another turbulent trading session on Wall Street. “I ...

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Stitch Fix shares fall as user growth comes up short

Stitch Fix shares continued to sell off Tuesday, as investors worried about the subscription-based styling service’s ability to continue growing its base of active users. Late Monday, the company reported fiscal first-quarter earnings along with also also sales which topped analysts’ expectations. nevertheless a 22 percent gain within the number of active users on its platform during which period disappointed ...

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ICEYE first image of Spain via all-seeing satellite constellation

“X2 has proven successful … This specific can be a 10 times better resolution than last time,” ICEYE CEO Rafal Modrzewski told CNBC. After the successful debut of the X1 satellite in January, ICEYE incorporated more than 50 improvements into X2, Modrzewski said. The ICEYE-X2 satellite can be much like the beta test of completely new software, Modrzewski explained. Once ...

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Google CEO Sundar Pichai prepared patriotic remarks for Congress

CEO Sundar Pichai put an emphasis on Google’s patriotism in his prepared remarks for a congressional hearing on Tuesday where he’ll likely face questions about a purported bias against conservative content on search in addition to YouTube. “Even as we expand into completely new markets we never forget our American roots,” he wrote. Tuesday’s hearing will focus on potential political ...

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Splunk CEO on data analytics company’s brand new capabilities in voice, AR

Splunk’s data analytics business doesn’t stop at the keyboard, President along with CEO Doug Merritt told CNBC on Monday in an exclusive interview with Jim Cramer. “You can today talk to Splunk through Alexa, Siri or some other natural-language frameworks along with have Splunk respond back to you,” the CEO said on “Mad Money.” Merritt said of which the idea ...

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Indian tycoon Vijay Mallya faces extradition coming from the UK

Matt Lewis | Global Cricket Ventures| Getty Images Vijay Mallya looks on during the Airtel Champions League Twenty20 Gala Dinner at UB City on October 7, 2009 in Bangalore, India.  A London court ordered in which Indian tycoon Vijay Mallya should be extradited coming from Britain to India, where he faces fraud charges over unpaid loans tied to his defunct ...

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sterling hovers near-20 month lows amid Brexit drama

Back in Europe, overall sentiment remained relatively fragile amid deepening political turmoil over the U.K. government’s proposed Brexit deal. Prime Minister Theresa May abruptly postponed a parliamentary vote on Monday, sending sterling down to 20-month lows. The U.K. currency was trading at around $1.2618 against the U.S. dollar at around 8:30 a.m. London time. On the data front, German economic ...

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