Business

Media mogul Barry Diller told CNBC on Tuesday that Oracle and Wal-Mart’s acquisition of a minority stake in TikTok was “really a clerical error”. Expedia and IAC Chairman Diller made comments in the “Squawk Box” interview days after President Donald Trump agreed to approve the transaction with the Chinese owner of the viral video sharing app. Diller said: “It’s obviously …

A video from Purdue University’s University of Mechanical Engineering shows how water droplets from sneezing circulate and can infect people on the plane. Lauren Simonetti and Stuart Varney of FOX Business have more. According to the Centers for Disease Control and Prevention, thousands of people may have been exposed to COVID-19 on airplanes. IAEA officials believe that although it is …

Morgan Beller, one of the founders of Facebook’s Libra digital currency, is about to leave the social media company to join the seed stage venture capital firm NFX. Offered by NFX One of the co-founders of Facebook’s Libra digital currency and Novi payment wallet has left the company before the release of the two technologies. The 27-year-old Morgan Beller resigned …

The Connecticut Centers for Disease Control and Prevention stated that on Halloween, traditional tricks, tree trunks or bones, parties, haystacks and haunted houses should be avoided. The Centers for Disease Control and Prevention (CDC) released a holiday guide on Monday evening, and the news for Halloween lovers is grim. The CDC warned: “Many traditional Halloween events may pose a high …

The Cruise International Association (CLIA) introduced the new “core elements” of health and safety on Monday. (Apu Gomes/AFP via Getty Images) Dozens of large cruise company associations announced that they will voluntarily adopt the new health agreement, which is mandatory for members, and hope to resume cruises in the Americas “within the rest of 2020.” Among these new “core elements” …

People stroll in the Brookfield Place Pavilion at the pedestrian crossing junction of the West Plaza of the World Trade Center in New York on October 24, 2013. Getty Images CNBC learned that Brookfield Properties, one of the country’s largest retail real estate owners, is experiencing a round of layoffs as the coronavirus pandemic has caused damage to its business …

Federal Reserve Chairman Jerome Powell will go to Capitol Hill to testify this week for three days. This may be his last chance to try to push Congress to another coronavirus relief bill before election day. For several months, Powell told lawmakers that the Fed has “lending power, not spending power” and needs to provide a large amount of COVID-19 …

Stock index futures fluctuated between a small rise and a fall on Tuesday. After a day of volatility, stocks sold sharply due to concerns about the re-emergence of the coronavirus lockdown in Europe and rising political uncertainty in the United States. What are the main benchmarks doing? Futures of the Dow Jones Industrial Average YM00, + 0.04% Fell 27 points …

Susan Wojcicki, CEO of YouTube. Michael Newberg | CNBC A former YouTube host sued YouTube on Monday, accusing it of failing to protect employees who had to capture and delete violent videos posted to the site. The lawsuit says that the plaintiff must monitor for murder, abortion, child rape, animal cruelty and suicide. YouTube’s parent company, Google, is facing increasing …

Four stores in Bed Bath & Beyond, Indiana will be permanently closed. According to CNN, the closure is part of the restructuring plan necessary for the coronavirus pandemic, which will close 63 stores by the end of the year. Bed Bath & Beyond announced in July that it plans to close about 200 stores in the next two years. It …