Amazon Leads S&P 500 After Reporting 'Record' Holiday Sales

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Amazon Leads S&P 500 After Reporting 'Record' Holiday Sales

Amazon.com Inc.'s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record
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Fed's repo operation is undersubscribed, suggesting dealers at capacity

The Federal Reserve Bank of New York’s operation to inject cash into the financing system over the end of the year was undersubscribed on Thursday, a possible indication that dealer balance sheets are nearing capacity. Primary dealers submitted $18 …
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Travis Kalanick quits Uber's board, sells off all his Uber stock

Travis Kalanick is leaving the board of Uber, the company he cofounded a decade ago and ran until his 2017 ouster. A spokesperson told CNBC that Kalanick has sold all of his remaining Uber stock, estimated to be worth around $2.5 billion. Three years ago …
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Daybreak: Trump Optimistic. Netanyahu Challenged. (Podcast)

In today's San Francisco Daybreak podcast, we cover the biggest stories that happened over the Christmas holiday. President Trump believes he is in
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Rupee extends losses for 5th day, ends at 3-week low as high crude oil takes toll

Mumbai, Dec 26 () The rupee erased its early gains to settle down by 4 paise at a three-week low of 71.31 against the US currency on Thursday, marking its fifth straight day of losses amid heavy selling in domestic equities and steady rise in crude oil prices.
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