Avie Schneider

Avie Schneider appears in the following:

WeWork CEO Steps Down As IPO Stalls

Tuesday, September 24, 2019

Adam Neumann, the workspace sharing company's co-founder, is quitting as CEO amid problems with WeWork's efforts to go public. The company's estimated value has dropped by more than half.

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Appeals Court Reinstates Lawsuit Against Fox News Over Seth Rich Story

Friday, September 13, 2019

A federal appeals court reinstated a lawsuit against Fox News and two other defendants over its coverage of the death of Seth Rich, a 27-year-old Democratic Party aide who was murdered in July 2016.

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T. Boone Pickens, Iconic Oil Tycoon, Dead At 91

Wednesday, September 11, 2019

The legendary energy executive, whose name symbolized big oil, died Wednesday at age 91. He founded the company that became Mesa Petroleum and later began a hedge fund focused on energy investments.

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Apple Launches Video-Streaming Service For $4.99 A Month

Tuesday, September 10, 2019

Apple is entering the video-streaming race, taking on Netflix, Disney and others with a new monthly subscription of $4.99. The company also announced new iPhones, as their sales have been slowing.

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Is Facebook Too Big? State Attorneys General Want To Know

Friday, September 06, 2019

Attorneys general from eight states and the District of Columbia have launched a probe into Facebook and its market dominance. The Justice Department has also launched an antitrust review of Big Tech.

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Google, YouTube To Pay $170 Million Penalty Over Collecting Kids' Personal Info

Wednesday, September 04, 2019

Google and its YouTube subsidiary are settling allegations that YouTube collected personal information from children without their parents' consent, the Federal Trade Commission said.

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More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

Friday, August 23, 2019

The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed Chairman Jerome Powell says.

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Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points

Friday, August 23, 2019

President Trump's move came after Beijing announced tariffs on $75 billion worth of autos and other U.S. goods. In a tweet, he also "ordered" U.S. companies to stop doing business with China.

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With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing

Friday, August 02, 2019

The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.

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No U.S.-China Trade Deal Yet; Talks To Resume In September

Wednesday, July 31, 2019

The White House called the brief talks in Shanghai this week between top U.S. and Chinese officials "constructive" and said negotiations are expected to pick up again in early September.

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U.S. Economy Slows: Trump's 3% Growth Pledge Now In Rearview Mirror

Friday, July 26, 2019

The U.S. growth rate fell to 2.1% in the second quarter amid a slowdown in exports. The Trump administration has targeted a growth rate of 3% or above, citing the Republican tax cuts passed in 2017.

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FTC To Hold Facebook CEO Mark Zuckerberg Liable For Any Future Privacy Violations

Wednesday, July 24, 2019

Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.

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As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit

Wednesday, July 24, 2019

Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.

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Equifax To Pay Up To $700 Million In Data Breach Settlement

Monday, July 22, 2019

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.

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'Facebook Is Dangerous:' Firms In Hot Seat As Congress Probes Big Tech

Tuesday, July 16, 2019

Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.

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FedEx Sues U.S. Commerce Department Over Export Controls In Huawei Dispute

Tuesday, June 25, 2019

FedEx has been caught up in the conflict between the Trump administration and Huawei Technologies. Now, the shipper is suing the government to block it from enforcing export regulations against FedEx.

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Trump Delays Auto Tariffs For 6 Months

Friday, May 17, 2019

The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.

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Stock Markets In Turmoil Amid Uncertainty Over U.S.-China Trade Talks

Tuesday, May 07, 2019

The Dow Jones Industrial Average and other major stock indexes plunged Tuesday after Trump administration officials accused Beijing of reneging on commitments it had already made in the talks.

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Trump Says Stephen Moore No Longer Being Considered For Fed Post

Thursday, May 02, 2019

The Trump campaign adviser and conservative pundit who came under criticism from lawmakers and economists has withdrawn his name from consideration to serve on the Federal Reserve Board.

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Boeing Hits Pause On Forecasts As 737 Max Groundings Continue

Wednesday, April 24, 2019

The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost it $1 billion so far.

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