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business news

Blackstone’s Tony James on US-China trade deal, geopolitical risks

Chinese President Xi Jinping (R) and US President Donald Trump at the Great Hall of the People in Beijing on November 9, 2017.Nicholas Asfouri | AFP | Getty ImagesWith business confidence already badly hit by the U.S.-China trade war, even a small deal reached between the two countries could help to lift sentiment, Blackstone Executive Vice…
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Goldman Sachs says the market is about to get wild in October

Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesFor investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.Wall Street is now inches away from reclaiming its record…
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Antonio Brown released by New England Patriots after rape accusations

The New England Patriots released Antonio Brown on Friday on the heels of claims that the superstar wide receiver had raped one woman and sent threatening text messages to a second woman, who had accused him of sexual harassment."The New England Patriots are releasing Antonio Brown," the reigning Super Bowl champion franchise said in a…
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Tech distributor says smaller firms are ‘much stronger’ than big firms

The head of an IT products and services distributor told CNBC on Tuesday that small- and medium-sized businesses have not slowed down investing like larger corporations, and it's showing up in the company's results."Anecdotally, we think SMB is much stronger than large enterprise ... and we're taking advantage of that," Tech Data CEO Rich Hume…
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