In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters. Sven Hoppe | Picture Alliance | Getty Images Amazon 's top health-care boss will step down from his role and be replaced by the cofounder of telemedicine company Amwell , the company announced Wednesday. Neil Lindsay, who ...
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters. Sven Hoppe | Picture Alliance | Getty Images Amazon 's top health-care boss will step down from his role and be replaced by the cofounder of telemedicine company Amwell , the company announced Wednesday. Neil Lindsay, who joined Amazon more than 15 years ago, has served as the senior vice president of Amazon Health Services since 2021. AHS spans Amazon's online pharmacy service and primary care chain One Medical, among other initiatives. Dr. Roy Schoenberg will succeed Lindsay on July 1, Amazon's worldwide retail chief Doug Herrington wrote in a memo posted to the company's website. Lindsay will stay on as an advisor at Amazon until the end of the year. In addition to cofounding and leading Amwell, Schoenberg brings "a rare combination of clinical expertise, technology vision, and experience building health-care businesses at scale," Herrington wrote. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
One place that I like to source investment ideas from is billionaire hedge fund managers. They have far more resources than individual investors do, so seeing where they're choosing to put their money can point me in the direction of smart opportunities. All fund managers with more than $100 million under management are legally obligated to file a Form 13F with the Securities and Exchange Commissi...
One place that I like to source investment ideas from is billionaire hedge fund managers. They have far more resources than individual investors do, so seeing where they're choosing to put their money can point me in the direction of smart opportunities. All fund managers with more than $100 million under management are legally obligated to file a Form 13F with the Securities and Exchange Commission that reports their fund's holdings as of the end of each quarter. That information has to be delivered and made available to investors no later than 45 days after the quarter in question ends. So if you're going to use such data to help you pick stocks to add to your own portfolio, it's critical to follow firms that are committed to a long-term buy-and-hold mindset. With funds that take a more short-term approach to the market, positions may turn over several times during a quarter, and those shifts won't ever show up in the 13F data. Chase Coleman at Tiger Global Management has a long-term investment philosophy, and he just bought four artificial intelligence (AI) stocks that I think are still worth buying now: Nvidia (NASDAQ: NVDA) , Taiwan Semiconductor (NYSE: TSM) , Meta Platforms (NASDAQ: META) , and Broadcom (NASDAQ: AVGO) . Continue reading
Good morning . Trump douses hopes for an agreement to end the Iran war. Gucci strikes a deal to lend its colors to Alpine’s F1 racing cars. And a popular self-help podcaster signs a deal worth up to $100 million. Listen to the day’s top stories . Market Snapshot S&P 500 7,520.36 +0.0% Brent Crude Futures $94.99 -4.6% WTI Crude Futures $89.42 -4.8% PDD ADRs $86.61 -10% Market data as of 04:49 PM ET...
Good morning . Trump douses hopes for an agreement to end the Iran war. Gucci strikes a deal to lend its colors to Alpine’s F1 racing cars. And a popular self-help podcaster signs a deal worth up to $100 million. Listen to the day’s top stories . Market Snapshot S&P 500 7,520.36 +0.0% Brent Crude Futures $94.99 -4.6% WTI Crude Futures $89.42 -4.8% PDD ADRs $86.61 -10% Market data as of 04:49 PM ET. Data is subject to provider delays. Expectations for an imminent breakthrough in negotiations to end the war with Iran were dashed after Donald Trump said he was “ not satisfied ” with peace talks. Even so, crude oil tumbled on optimism that an agreement would free up the Strait of Hormuz, with the president saying the US will “watch over” the waterway but no one will control it . Amid already heightened tensions over Taiwan, the Trump administration is removing some tariffs on imports from the island to implement parts of a previously agreed trade deal. The US will eliminate derivative aluminum, steel and copper duties on aircraft components shipped from Taiwan and will modify levies on auto parts and other sectors, capping combined rates at 15%. How SpaceX’s Dream of a Record-Breaking IPO Stacks Up Read more Taiwan Semiconductor Manufacturing Co. Chief Executive Officer C.C. Wei told staff they’ll see an average bump of more than 30% in their profit-sharing payouts this year, according to a person familiar, after some of the chipmaker’s employees voiced concerns about their incentive plans. PDD Holdings dropped the most in a year after first-quarter revenue missed expectations as fierce domestic competition and weak consumer sentiment weighed on the Temu owner. The firm had become a leading player in China’s e-commerce arena, but its recent performance has been partially dragged down by the country’s prolonged economic slowdown . Deep Dive: F1’s in the Lap of Luxury What’s green, red and gold all over? Soon-to-be Alpine racing cars. Renault’s Formula One team struck a p...
Boston Scientific (NYSE:BSX), a medical device maker for interventional specialties, closed Wednesday at $50.42, down 12.53%. The stock dropped after management reiterated soft full-year organic growth guidance and flagged softer demand in key WATCHMAN and urology franchises. Trading volume reached 49.5 million shares, about 191% above its three-month average of 17 million shares. Boston Scientifi...
Boston Scientific (NYSE:BSX), a medical device maker for interventional specialties, closed Wednesday at $50.42, down 12.53%. The stock dropped after management reiterated soft full-year organic growth guidance and flagged softer demand in key WATCHMAN and urology franchises. Trading volume reached 49.5 million shares, about 191% above its three-month average of 17 million shares. Boston Scientific IPO'd in 1992 and has grown 1,078% since going public. How the markets moved today S&P 500 inched up 0.03% to 7,521, while the Nasdaq Composite added 0.07% to finish at 26,675. Within medical devices, industry peers Abbott Laboratories closed at $85.68 (-1.14%) and Stryker ended at $305.99 (-2.24%), reflecting broader pressure across sector rivals. What this means for investors Investors were hoping for a positive update from Boston Scientific at the Bernstein Annual Strategic Decisions Conference today, but management merely reiterated its previous guidance for the year. The company projects that organic sales will rise between 5.5% to 7% in 2026 and by 6% to 8% in Q2. However, due to expectations for its key WATCHMAN device to deliver flat sequential sales growth in Q2 and Q3, analysts believe the lower end of this guidance may be more realistic. While the WATCHMAN device was supposed to be a core growth driver for the company, it remains the market share leader in its niche despite its growth slowdown. Trading at 15 times forward earnings after its stock has been halved, BSX stock and its broad portfolio of medical devices aren’t outrageously valued. Should you buy stock in Boston Scientific right now? Before you buy stock in Boston Scientific, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Boston Scientific wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if ...
"Instead, all too often it ends up putting young people on a path to a life not in jobs but on benefits. This should be the priority for the government. It should be the priority for all of us."
"Instead, all too often it ends up putting young people on a path to a life not in jobs but on benefits. This should be the priority for the government. It should be the priority for all of us."
Britain risks a 25% rise in the number of young people not in work or education to 1.25 million by the early 2030s without urgent government action to avoid a “lost generation”, a landmark report has warned. Alan Milburn, the leader of the review into why so many young people are economically inactive, said the UK risked opening up a “generational fault line” between young and old without urgent s...
Britain risks a 25% rise in the number of young people not in work or education to 1.25 million by the early 2030s without urgent government action to avoid a “lost generation”, a landmark report has warned. Alan Milburn, the leader of the review into why so many young people are economically inactive, said the UK risked opening up a “generational fault line” between young and old without urgent steps to overhaul schools, the health service, the welfare system and the jobs market. In his highly anticipated report to be published on Thursday, the former Labour health secretary will make the case for Keir Starmer’s government to launch a fresh push to reform health and disability benefits while drastically improving access to employment support. Calling for a reset of the system, Milburn will describe the welfare state as “exacerbating inactivity”, while arguing that new work programmes alone would fail to tackle far deeper-rooted problems. “This is not a failure of young people. It is a failure of a system stuck in the past. Whether it is education or health or welfare, that system fails to enable their participation in the labour market,” he will say. “Instead, all too often it ends up putting young people on a path to a life not in jobs but on benefits. This should be the priority for the government. It should be the priority for all of us.” However, any fresh attempt at welfare reform could prove divisive after Starmer’s chaotic benefits U-turn last year, amid concerns that welfare cuts would risk driving up poverty amid the cost of living crisis. There is a a growing sense of alarm in Britain over the prospects of the next generation, amid rising mental ill-health, worries over social media, and AI upending the jobs market. Unemployment in Britain has risen to the highest levels since the outbreak of the Covid pandemic in recent months, with young people bearing the brunt of a downturn in the economy amid the fallout from the Iran war. As Starmer battles for his ...
Singapore’s founding prime minister Lee Kuan Yew once offered a striking observation on the nature of American power, wrote Harvard professor Joseph Nye in 2011. China, Lee argued, could draw upon its massive population but the United States possessed a deeper structural advantage: the ability to attract and recombine global talent within an unusually open, diverse and creative ecosystem. America’...
Singapore’s founding prime minister Lee Kuan Yew once offered a striking observation on the nature of American power, wrote Harvard professor Joseph Nye in 2011. China, Lee argued, could draw upon its massive population but the United States possessed a deeper structural advantage: the ability to attract and recombine global talent within an unusually open, diverse and creative ecosystem. America’s innovation system was not merely large. It was generative. Fifteen years later, on April 30, President Xi Jinping convened China’s top scientific leadership in Shanghai for a symposium on strengthening basic research. On the surface, it seemed another high-level science policy meeting. In reality, it was a strategic declaration that China intends to compete not merely in manufacturing, commercialisation or industrial deployment, but in foundational scientific discovery itself. Remarkably, this meeting received almost no coverage in Western media. Yet its significance may ultimately rival the “Made in China 2025” plan and many widely discussed geopolitical events of the decade. Advertisement Soon after, the official Liberation Daily reported extensive responses from leading private-sector technologists and academics. It cited Peng Zhihui, co-founder and chief technology officer of AgiBot; Xia Lixue, co-founder and CEO of Infinigence AI; Li Lin, academician of the Chinese Academy of Sciences; and Xu Tianheng, researcher at the Shanghai Advanced Research Institute. Their remarks underscored Beijing’s growing emphasis on basic research scientific self-reliance and original innovation as foundational pillars of national power, technological competitiveness and China’s long-term economic and strategic security. Advertisement
Available for over a year The Senate race for Texas could decide which party controls Congress in November’s midterm elections, and some Democrats think the state could be theirs for the first time since 1988. It follows Tuesday’s Republican primary in Texas that ousted the state’s long-serving senator, John Cornyn, in favour of Texas Attorney General Ken Paxton, a controversial figure who was bac...
Available for over a year The Senate race for Texas could decide which party controls Congress in November’s midterm elections, and some Democrats think the state could be theirs for the first time since 1988. It follows Tuesday’s Republican primary in Texas that ousted the state’s long-serving senator, John Cornyn, in favour of Texas Attorney General Ken Paxton, a controversial figure who was backed by Donald Trump after the president accused Cornyn of disloyalty. In today’s episode, Sarah and Anthony assess whether Trump’s backing for Ken Paxton reflects a growing disconnect between the president and his base, and why some Republicans are worried about his chances when facing up against the Democrat’s James Talarico in November. HOSTS: • Sarah Smith, North America Editor • Anthony Zurcher, North America Correspondent GET IN TOUCH: • Join our online community: https://discord.gg/qSrxqNcmRB • Send us a message or voice note via WhatsApp to +44 330 123 9480 • Email Americast@bbc.co.uk • Or use #Americast This episode was made by Tom Gillett with Grace Reeve and Oscar Pearson. The technical producer was Mike Regaard. The series producer is George Dabby. The senior news editor is Sam Bonham. If you want to be notified every time we publish a new episode, please subscribe to us on BBC Sounds by hitting the subscribe button on the app. You can now listen to Americast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Americast”. It works on most smart speakers. US Election Unspun: Sign up for Anthony’s BBC newsletter: https://www.bbc.co.uk/news/world-us-canada-68093155 Americast is part of the BBC News Podcasts family of podcasts. The team that makes Americast also makes lots of other podcasts, including Newscast. If you enjoy Americast (and if you're reading this then you hopefully do), then we think that you will enjoy some of our other pods too. See links below. Newscast: https://www.bbc.co.uk/sounds/series/p05299nl Radical: https://www.bbc.co...
Win McNamee/Getty Images News Treasury Secretary Scott Bessent said the Trump administration plans to roll out its Trump Accounts app on Thursday, ahead of the program's official launch on July 4. “It will place the American dream into the palms of the hands of parents and children,” Bessent said during a cabinet meeting at the White House, according to Bloomberg . The new app allows parents to ma...
Win McNamee/Getty Images News Treasury Secretary Scott Bessent said the Trump administration plans to roll out its Trump Accounts app on Thursday, ahead of the program's official launch on July 4. “It will place the American dream into the palms of the hands of parents and children,” Bessent said during a cabinet meeting at the White House, according to Bloomberg . The new app allows parents to manage the savings accounts, which are intended to give children a head start in saving for their retirement. The accounts will be managed by Robinhood ( HOOD ) and Bank of New York Mellon ( BNY ). Bessent added that nearly 6M children have already been signed up for the program, Bloomberg said. Under the program, children born in 2025 or later are eligible to receive $1,000 to start their tax-deferred accounts. Children born before 2025 can also have accounts but wouldn't be eligible for the $1,000 seed payment from the federal government. More on Robinhood Markets, Bank of New York Mellon Robinhood: Crypto Transaction Revenue Collapses, Exposes Other Issues Robinhood: Not The Tokenized Stock Bet You're Looking For Robinhood Markets, Inc. (HOOD) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Robinhood launches agentic trading and credit card Robinhood's acquisition of WonderFi secures Canadian regulator's approval
OTTAWA, ON, May 27, 2026 /CNW/ - Thomas Cavanagh Construction Limited announced today that it has extended its strategic partnership with Palantir Technologies Inc. for an additional six years, resulting in a total 11-year agreement through December 31, 2035. This extended partnership reflects Cavanagh's long-standing commitment to equipping its people with the best tools to succeed. At the core o...
OTTAWA, ON, May 27, 2026 /CNW/ - Thomas Cavanagh Construction Limited announced today that it has extended its strategic partnership with Palantir Technologies Inc. for an additional six years, resulting in a total 11-year agreement through December 31, 2035. This extended partnership reflects Cavanagh's long-standing commitment to equipping its people with the best tools to succeed. At the core of this relationship is a shared belief that empowering skilled teams with leading-edge technology is essential to delivering exceptional results in a complex and evolving construction environment. The partnership also reinforces the company's commitment to leveraging Palantir Foundry as the digital backbone of its operations, supporting its mission of building vibrant communities by fully operationalizing its workflows with real-time, data driven execution. Over the past year and a half, Cavanagh has gone "all in" with Palantir, transforming how data is managed across the entire construction lifecycle — from business development and tendering, through project execution, and into financial performance and reporting. This transformation has been driven not just by technology, but by a focus on enabling teams across the organization to work more effectively, make better decisions, and deliver greater value in the field and the office. At the foundation of this transformation is a unified Ontology built around the company's core operational objects: people, equipment, materials, and contracts. This structure will equip teams with real-time operational visibility, advanced planning capabilities, as well as the ability to rapidly identify and act on efficiencies. "In just one year, we have replaced multiple software platforms," said Jim Orban, COO of Cavanagh Group of Companies. "Rather than investing time and capital into complex API integrations which would yield limited results, we rebuilt critical workflows directly within Foundry — faster, more securely, and with significant...
OTTAWA, ON, May 27, 2026 /CNW/ - Thomas Cavanagh Construction Limited announced today that it has extended its strategic partnership with Palantir Technologies Inc. for an additional six years, resulting in a total 11-year agreement through December 31, 2035. This extended partnership reflects Cavanagh's long-standing commitment to equipping its people with the best tools to succeed. At the core o...
OTTAWA, ON, May 27, 2026 /CNW/ - Thomas Cavanagh Construction Limited announced today that it has extended its strategic partnership with Palantir Technologies Inc. for an additional six years, resulting in a total 11-year agreement through December 31, 2035. This extended partnership reflects Cavanagh's long-standing commitment to equipping its people with the best tools to succeed. At the core of this relationship is a shared belief that empowering skilled teams with leading-edge technology is essential to delivering exceptional results in a complex and evolving construction environment. The partnership also reinforces the company's commitment to leveraging Palantir Foundry as the digital backbone of its operations, supporting its mission of building vibrant communities by fully operationalizing its workflows with real-time, data driven execution. Over the past year and a half, Cavanagh has gone "all in" with Palantir, transforming how data is managed across the entire construction lifecycle — from business development and tendering, through project execution, and into financial performance and reporting. This transformation has been driven not just by technology, but by a focus on enabling teams across the organization to work more effectively, make better decisions, and deliver greater value in the field and the office. At the foundation of this transformation is a unified Ontology built around the company's core operational objects: people, equipment, materials, and contracts. This structure will equip teams with real-time operational visibility, advanced planning capabilities, as well as the ability to rapidly identify and act on efficiencies. "In just one year, we have replaced multiple software platforms," said Jim Orban, COO of Cavanagh Group of Companies. "Rather than investing time and capital into complex API integrations which would yield limited results, we rebuilt critical workflows directly within Foundry — faster, more securely, and with significant...