NEW YORK — Leonardo DiCaprio is joining with billionaire investors and philanthropists Laurene Powell Jobs and Brian Sheth to create a new nonprofit environmental powerhouse charged with tackling climate change and the loss of biodiversity. The new organization, Earth Alliance, "will work globally to protect ecosystems and wildlife, ensure climate...
US Hiring Slows Amid Trade Tensions, Weaker Global Economy
WASHINGTON — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth and widening trade conflicts. Last month's modest job gain followed a much healthier increase of 224,000 in April. The Labor Department said...
US Stocks End Dismal, Volatile Year on a Bright Note
Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply after early October, leaving them all...
Apple’s Stock Sours, Microsoft’s Soars. Say What?!
Wall Street investors are enamored with a newly emergent tech company. It has nothing to do with posting selfies or finding a soul mate. The company is instead making billions of dollars selling cloud-computing and other technical services to offices around the world. Say hello to Microsoft, the 1990s home-computing...
It's High Times for Soaring Marijuana Stocks on Wall Street
NEW YORK — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill. Billions of dollars have poured into...
Musk Says He’s Cracking Under Stress of Tesla Job
What do you do when your CEO confesses that he's cracking under the stress of his job? That's the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company's impulsive leader, admitted to The New York Times that...