A hand changing television channels with the remote control.Manuel Breva Colmeiro | Moment | Getty ImagesCompany: Xperi (XPER)Business: Xperi is a technology company that develops software solutions and has the following four main business segments. First, there's pay-TV, which provides backend software for internet-enabled cable boxes. There is the consumer...
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Stock market to ‘nowhere?’ Two ETF experts see more trouble ahead in China
China may have trouble attracting investors again this year.ETF Action's Mike Akins sees challenges tied to the country's ability to generate stock market returns."It's kind of the old cliché. Fool me once, shame on you. Fool me twice, shame on me," the firm's founding partner told CNBC's ETF Edge this...
These ‘unusual’ 4 traits helped Jeff Bezos grow Amazon into a $1 trillion company, says current CEO
Jeff Bezos built Amazon into a tech behemoth and "everything store" that's now worth $1.6 trillion. He did it by being "arguably the most unusual business leader of our era," current Amazon CEO Andy Jassy told Fortune in a recent interview at the World Economic Forum in Davos, Switzerland.Jassy, Bezos' longtime...
Probe into GM’s Cruise finds poor leadership, culture issues at center of accident response
Chevrolet Cruise autonomous vehicles sit parked in a lot in San Francisco, June 8, 2023.Justin Sullivan | Getty Images News | Getty ImagesCulture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company...
SEC to vote today on tough new rules for blank-check ‘SPAC’ companies
SEC Chair Gary Gensler testifies during the House Financial Services Committee hearing titled "Oversight of the Securities and Exchange Commission," in Rayburn Building on Wednesday, September 27, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe Securities and Exchange Commission, lead by Chair Gary Gensler, is voting Wednesday on new...