U.S. President Donald Trump has slammed OPEC for inflating oil prices. At the same time, Mr. Trump is considering reimposing sanctions on Iran, which could result in higher crude prices. Bloomberg's Danielle Bochove and James Herron discuss the president's impact on oil markets and the outlook for
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That lifted Bezos's net worth to to $134 billion, according to the Bloomberg Billionaires Index. It has been a turbulent week for the richest Americans in tech. On Tuesday, Alphabet Inc. spooked investors after first-quarter results sparked concern that the Google parent plans to go on a spending binge,
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Big technology stocks took a beating over the past several weeks on concerns that the industry's growth surge was under threat. But results this week from Amazon.com Inc., Facebook Inc., Microsoft Corp. and Intel Corp. — among the most valuable companies in the world — went a long way toward
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Shares of Flex Ltd. FLEX, +0.30% plunged 19% toward a 1 1/2-year low early Friday, to pace all the premarket decliners, after the contract manufacturer missed profit expectations, provided a downbeat outlook and said it was investigating allegations of improper accounting. The company reported late
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U.S. wireless carriers T-Mobile and Sprint have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday.
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