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- FinanceTheStreet.com•10 hours ago
About 92.07 million shares of Sunnyvale, Calif.-based Advanced Micro traded hands on Tuesday, well above the 30-day average volume of roughly 48.59 million. Additionally, TheStreet's Jim Cramer recently identified Advanced Micro as a potential takeover candidate for 2017.
- BusinessCNBC.com•20 hours ago
The New York Post on Monday called Amazon's register-less shopping experiment, Amazon Go, the "next major job killer" in the latest doomsday headline for retail workers. On Monday, the retail giant announced a new advanced supermarket where shoppers can grab items and go without waiting in checkout lines. Once customers leave the store, items are billed to their Amazon.com accounts. Following the announcement, reports by Quartz and The Wall Street Journal declared the experimental store might signal the end of "millions of cashier jobs." The New York Post's front page story on Tuesday called the store "the end of jobs." Correction: This article has been updated to reflect when the NY Post story
United Technologies is the parent company of furnace and air conditioner maker Carrier, which came under fire during Trump's campaign for its announced plans to close two Indiana plants and move production to an existing manufacturing facility in Mexico. Carrier will keep more than 1,000 jobs, but will still close another Indiana plant and send about 700 jobs to Mexico. If Trump's plans to revive manufacturing in the U.S. leads to a resurgence on American soil, Hayes said that is a good thing, and he believes Trump's team will be focused on it. "I think if we can see a renaissance in manufacturing in the U.S. that is a good deal for the U.S. But it's got to come from more thoughtful regulation, and a more competitive tax rate.