U.S. computer giant Dell is reportedly considering a major shake-up, which could include an acquisition or an IPO. The board, under pressure to increase growth, will meet this month to explore its options. Talks for a potential IPO are still in the early stages.
Bill Ackman's Pershing Square Capital is betting big on Nike. The activist investor recently revealed that he took a passive stake in the sneaker company in October. Ackman reportedly isn't interested in changing the path Nike is on, but rather believes in the current strategy for the company.
President Trump delivers a speech in Davos, but will it be overshadowed by reports that Trump wanted to fire special counsel Robert Mueller last summer? Michael Harriot from The Root and Alayna Treene from Axios weigh in on the story, which Trump has since called "fake news." Treene says this new report raises questions about obstruction of justice.
Plus, celebrity divorce lawyer Laura Wasser talks about her new app "It's Over Easy," which aims to make divorce quicker and easier. Wasser has handled divorces for many prominent celebrities, such as Angelina Jolie and Kim Kardashian, but she's looking to corner a new market now.
Wasser explains the site is free for people to explore and makes the process of looking into divorce more anonymous. Wasser acknowledges "it's still going to be stressful," but she hopes her site can help.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
