With Stewart Butterfield’s departure from Slack on Monday, Salesforce shares continued a drop from last week, spurred by the exit of co-CEO Bret Taylor.Story Published at: December 05, 2022 at 10:00PM
Salesforce executive exits help push stock to its lowest point since March 2020
Oil tankers seen heading to Russia as oil price cap goes into effect on exports
Two tankers are heading to Russia expecting to be filled with oil as a price cap on exports from a coalition of Western countries goes into affect.Story Published at: December 05, 2022 at 07:35PM
Iran’s state media denies abolition of ‘morality police’ as three-day strike begins
Some Western media outlets are facing backlash over headlines claiming that Iran was abolishing its “morality police.” Story Published at: December 05, 2022 at 07:08PM
UK health officials warn parents to be alert after 6 child deaths linked to Strep A infections
Health officials in the U.K. are warning parents to be alert after a recent spate of Strep A infections resulted in the deaths of at least six children.Story Published at: December 05, 2022 at 01:46PM
iPhone maker Foxconn reports slump in revenue after unrest and Covid outbreak at key China plant
Foxconn reported a slide in November revenue, with a “portion of shipments being impacted” by the Covid outbreak in Zhengzhou, where it makes iPhones.Story Published at: December 05, 2022 at 11:15AM
Tim Draper predicts bitcoin will reach $250,000 next year despite FTX collapse: ‘The dam is about to break’
Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coin by the middle of 2023.Story Published at: December 05, 2022 at 09:56AM
OnePlus co-founder Carl Pei’s new startup wants to launch smartphone in the U.S. to take on Apple
Nothing, the hardware venture from OnePlus co-founder Carl Pei, is in early talks with American carriers to launch a phone in the country.Story Published at: December 05, 2022 at 06:28AM
Oil prices rose as much as 2% on hopes of China’s reopening and as OPEC+ maintains output cut targets
Both futures have since pared gains, with Brent crude last trading at $86.12 a barrel, and U.S. West Texas Intermediate futures at $80.53 per barrel.Story Published at: December 05, 2022 at 08:51AM
Germany’s housing market is ripe for a serious price correction, economists warn
The German housing market has been strong for decades, but economics have some concerns. Story Published at: December 05, 2022 at 06:46AM
Finding the market tough right now? Here’s how young investors can be smart with their money
Investing was hot earlier in the pandemic, but not anymore. Analysts share with CNBC Make It their top investing tips for a volatile market.Story Published at: December 05, 2022 at 06:45AM