Smoke billows from a fire outside Ljusdal, Sweden in July, 2018. Sweden is fighting its most serious wildfires in decades, including blazes above the Arctic Circle, prompting the government to seek help from the military, hundreds of volunteers and other European nations. Maja Suslin | TT | AP Smoke from massive fires in the Arctic
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Take-Two Interactive Software: Plugged in for success Take-Two Interactive Software has gained more than 10% since reporting better-than-expected revenues in its fiscal first quarter and raising its full year revenue outlook. The company’s upside surprise included a 46% year-over-year increase in net bookings and 39% year-over-year improvement in net revenue. A leading video game publisher,
President Donald Trump, right, speaks as Tim Cook, CEO of Apple, listens during the American Technology Council roundtable hosted at the White House in Washington, D.C. Zach Gibson | Bloomberg | Getty Images President Donald Trump tweeted on Friday that he plans to have dinner with Apple CEO Tim Cook. “Having dinner tonight with Tim
A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The U.S. Food and Drug Administration on Friday approved AbbVie‘s new treatment for rheumatoid arthritis, a win for the drugmaker seeking to widen its portfolio as its blockbuster flagship therapy Humira faces
Home to more than 1 billion people, India is a huge economic, political and cultural force and when it comes to renewable energy, Prime Minister Narendra Modi’s government has ambitious plans. In June 2019, Anand Kumar, the secretary of India’s Ministry of New and Renewable Energy, said the country planned to have 500 gigawatts of
Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Nvidia’s CEO, Jensen Huang, has reason to be concerned about other chipmakers, like AMD. But he’s not worried about Nvidia’s own big
A Southwest Airlines jet. Scott Olson | Getty Images News | Getty Images Southwest Airlines is expanding its footprint in Hawaii as the carrier grapples with the fallout from the grounded Boeing 737 by courting tourists with low fares from the West Coast. Starting in January 2020, Southwest will offer a daily flight between Sacramento
As protests continue to roil Hong Kong, a widely followed economist has an idea about how to ease tensions: China, he said, needs to take power away from the city’s tycoons and fix its property market. The east Asian financial hub has been rocked by civil unrest in recent months with operations of Hong Kong
CNBC’s Jim Cramer said Wednesday that Macy’s earnings miss and forecast cut is not indicative of the retail landscape. In the fashion chain’s fiscal second quarter, shareholders took home 28 cents, well short of Wall Street’s 45 cent estimates, which triggered the stock price to free fall more than 13% in the session. “The Macy’s
Rep. Elijah Cummings, D-Md. Bill Clark | CQ Roll Call | Getty Images U.S. lawmakers on Wednesday accused three major pharmaceutical companies of “coordinated obstruction” and “apparent efforts to stonewall” an investigation on generic drug prices launched in 2014. Chairman of the House Committee on Oversight, Elijah Cummings, D-Md., along with Sen. Bernie Sanders, I-Vt.,