Commerce Secretary Gina Raimondo backs the Biden administrations new rules against allowing U.S. companies and citizens to support China's chip manufacturing industry.
Thursday November 03 2022 |
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Commerce Secretary Gina Raimondo backs the Biden administrations new rules against allowing U.S. companies and citizens to support China's chip manufacturing industry. More » |
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| Hong Kong stocks rose, while Asia-Pacific markets were mixed as markets continued to process the U.S. Federal Reserve's 75 basis point interest rate hike. |
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| | Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday. |
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| Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. |
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| "Don't expect this to be a hot stock right now. But I think it's insanely cheap," Josh Brown, CEO of Ritholtz Wealth Management, said of one Big Tech firm. |
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TODAY'S GUEST HIGHLIGHTS ON CNBC |
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| | Standard Chartered Bank, Global Macro Strategist
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| | Hong Kong Rugby Sevens, Ambassador HK Rugby Sevens |
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| | Deutsche Bank, Chief Investment Officer, Asia Pacific Global Markets |
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