Amazon will hire more than 15,000 employees in the Seattle suburb of Bellevue, the company said Thursday. Amazon said it expects to bring the 15,000 jobs to Bellevue over the next few years. More than 2,000 employees currently work in Bellevue, and the company has about 700 job openings in the city. The company opened its first office building in Bellevue in 2017. So far, Amazon has hired 400 employees to work out of leased offices in Crystal City, Virginia.

If you’re tired of robocalls you might want to consider one of Google’s Pixel phones. On Thursday, Google announced that its Call Screen feature, which automatically blocks known robocallers in Google’s database, is rolling out to all Pixel phones this week. (The original Pixel phone, which launched in 2016, stopped receiving software updates last year, but Google says it’ll still get Call Screen.) Google’s Pixel phones aren’t as popular as Apple’s iPhones or even other Android phones made by co

And Casper’s IPO comes on the heels of a WeWork IPO fiasco in 2019, which put a dark cloud over the start-up market. But at one point, as a private business, Casper was valued at $1.1 billion, giving it so-called unicorn status. Casper had priced its IPO at $12 per share , or the very low end of its target range, Wednesday evening. Casper shares, trading on the New York Stock Exchange under the symbol “CSPR,” were recently up about 26% at $15.17. In the nine months ended Sept. 30, Casper reporte

These steps have left China, the world’s second-largest air travel market after the U.S., more isolated. Many travelers would be inquiring about spring travel during this time of year, said Cindy Guo, who runs Top Travel International in Flushing. United Airlines this week followed American in halting Hong Kong flights in addition to its mainland China routes. The Civil Aviation Administration of China has requested local airlines keep operating international flights to countries that haven’t pl

Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany’s largest bank which has been hit by losses and misconduct scandals. Deutsche Bank shares rose as much as 9.4% to their highest level in 15 months and marking their biggest intraday jump in almost four years. “We are happy for any shareholders, especially those with the track record and credibility of Capital,” Deutsche Bank said in a statement. The scandals and more recentl

The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to support the economy this year. Claims data for the prior week was revised to show 1,000 more applications received than previously reported. The Labor Department said only claims for Alabama and Pennsylvania were estimated last week. The claims data has no bearing on January’s employment report, which is scheduled for release on Friday, as it fall

U.S. worker productivity rebounded in the fourth quarter, keeping labor costs in check. Productivity decreased at an unrevised 0.2% pace in the July-September period, the biggest drop since the fourth quarter of 2015. Compared to the fourth quarter of 2018, productivity increased at a 1.8% rate. With productivity rebounding last quarter, growth in unit labor costs — the price of labor per single unit of output — slowed to a 1.4% rate. Compared to the fourth quarter of 2018, labor costs grew at a

Tesla has temporarily closed its stores in mainland China as of Sunday, Feb. 2, due to the coronavirus, according to an online post from a company sales employee on that date. Yum China (YUMC) reported better-than-expected adjusted quarterly earnings, with the restaurant operator’s revenue matching forecasts. Qualcomm (QCOM) beat estimates by 14 cents with adjusted quarterly profit of 99 cents per share, with the chipmaker’s revenue also above analyst forecasts. Fox Corp. (FOXA) reported an adju

While the broad index sits at record highs, under the surface more than half of its stocks are in a bear market – characterized by a drop of 20% or more from 52-week highs. But, the charts may be signaling that more Nasdaq stocks could be about to join in on the rally, Stockton said. Align Technology, Dollar Tree, Ulta Beauty, Walgreens and Xilinx are among the stocks that are sharply off their highs and deep in a bear market. During the same “Trading Nation” segment, John Petrides, portfolio ma

Oxfam has accused the European Union of using African aid and development funding to strong-arm African countries into limiting migration to the continent. Oxfam EU Migration Policy Advisor Raphael Shilhav said European governments were focusing on bowing to anti-immigration sentiment at home for short-term political wins, at the expense of long-term development strategies. Development aid is meant to fight poverty, inequality, and the growing climate crisis and it should not be politicized,” Sh

This image shows Scroby Sands offshore wind farm, in waters off the coast of Norfolk, England. European countries installed a record amount of offshore wind capacity in 2019, according to new figures from industry body WindEurope. It takes overall offshore capacity for European nations to more than 22 GW. GE Renewable Energy has described it as the “world’s most powerful offshore wind turbine.” It’s expected that over 10 GW of offshore capacity will be built in the US by the year 2026.

Royal Mail shares sank to an all-time low on Thursday after the former British postal monopoly warned that its U.K. business could lose money next year as strikes bite. Shares slumped 11% early in the trading session to hit a record low of 168.05 pence per share, almost half the 330 pence per share initial public offering (IPO) price in October 2013. In its first day of conditional dealings on the London Stock Exchange, the stock soared 38% to 455p, but has serially underperformed since then. Mu

Twitter monetizable active daily users increase by 21%Ed Lee, corporate media reporter for the New York Times, Sarat Sethi, managing partner at Douglas C. Lane, and CNBC’s John Fortt join “Squawk Box” to discuss Twitter’s quarterly earnings results.

Spencer Platt | Getty ImagesU.S. stock futures were moving higher again Thursday morning. Last quarter, Twitter reported “a number of headwinds” that contributed to a revenue shortfall, sending the stock down more than 20% at the time. Kevin Frayer | Getty ImagesChinese health officials overnight increased their total of confirmed coronavirus cases to 28,018 in China. Confirmed coronavirus cases in the United States held steady at 11 as of Wednesday. The World Health Organization said there’s be

The couple, who live in Exeter, Rhode Island, say they used this simple tool to help them tackle student loan debt. “I’m a very visual person, and my wife is very visual,” David told Grow earlier this year. Read more: How tidying up her life and her money helped a 34-year-old pay off $43,500 in debt in 3 years3. Using a cash-only spending strategy, Epperson was able to pay off $20,000 in student loan and auto loan debt in just one year. “I would look at my credit card bill and not even remember

Before Steve Jobs was the serious, turtleneck-wearing CEO and co-founder of Apple, he was a young guy who would goof off, scheme elaborate pranks and go to concerts with friends. According to Apple co-founder Steve Wozniak, Jobs’ personality shifted once he became the founder of “a company with big money,” Wozniak told Guy Kawasaki, who worked at Apple in the 1980s, on his podcast Guy Kawasaki’s Remarkable People. When Wozniak and Jobs met in the ’70s, the pair bonded over their love of electron

You probably know that most experts caution against trying to time the stock market. Yet, if you think there’s trouble ahead, could moving entirely to cash ever be a good idea? Susana Gonzalez | Bloomberg | Getty ImagesStocks have zigzagged their way through 2020 so far, which can make some investors nervous, experts say. Regardless of what stocks do, cash is an important part of any financial plan, experts say. For retirees, however, advisors often recommend keeping two to three years’ worth of

Verizon slammed Huawei’s lawsuit against it as a “PR stunt” on Thursday, claiming it is a “sneak attack on our company and our nation.” “Huawei’s lawsuit filed overnight, in the very early morning, is nothing more than a PR stunt,” a Verizon spokesperson told CNBC by email. “This lawsuit is a sneak attack on our company and our nation. In a follow up statement, Verizon called Huawei’s lawsuit an attack on the “entire tech ecosystem.” “Huawei’s real target is not Verizon; it is any country or com

Yum’s long-term outlook includes annual same-store sales growth in a range of 2% to 3% and net new restaurant growth of 4%. The company reported same-store sales growth across KFC, Pizza Hut and Taco Bell of 2%. KFC’s same-store sales increased by 3%, even as Popeyes Louisiana Kitchen’s chicken sandwich returned to restaurants permanently in November. The Chinese licensee of KFC and Pizza Hut said it could report an operating loss in the first quarter. Same-store sales during the Lunar New Year

J.C. Penney is revamping one of its biggest in-house women’s apparel brands to focus more on denim and casual looks. Women’s apparel is especially important to Penney’s overall business. Women’s apparel is also Penney’s largest category, followed by men’s apparel and accessories, at 21% of sales. There’s a reason everyone from Penney to Macy’s to Target is trying to grow in denim. On Jan. 31, Penney said it had received a notice from the NYSE, warning that its stock was no longer in compliance.