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TGI Fridays CEO says immigration reform is one of the biggest challenges in the restaurant industry

9 days ago   |   By Business Insider

TGI Fridays CEO Ray Blanchette told Business Insider that the restaurant industry should push for immigration reform - especially as companies deal with record-low unemployment rates.
"150 years ago, an immigrant would come here and work in infrastructure," Blanchette said in an interview at the ICR Conference in Orlando, Florida, on Monday. "Building the country was roads or railroads or skyscrapers - those were the jobs that were available to immigrants. Today... we are the place where immigrants break the cycle of poverty for their families forever."
Speaking at the conference this...
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Apple could be a $2 trillion company by the end of next year, one really bullish analyst says

Apple could be a $2 trillion company by the end of next year, one really bullish analyst says

9 days ago   |   By CNBC

"Apple has potential to be the first $2 trillion valuation given the 5G tailwinds and services momentum potential," one analyst said.
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The CEO of Intel says that the 'insatiable demand' for enough processing...

The CEO of Intel says that the 'insatiable demand' for enough processing power to handle tons of data led it to a big beat on Wall Street expectations

Intel shares rallied more than 6% on Thursday after the chipmaker topped Wall Street expectations for the fourth quarter. The tech giant got a huge lift from its data center... Read more ...

George Soros says President Trump is conspiring with Facebook to get reelected

George Soros says President Trump is conspiring with Facebook to get reelected

Well-known liberal billionaire George Soros said he believes Facebook will work with Trump to get the president re-elected, as first reported by Bloomberg . Speaking at Davos... Read more ...

China spent the crucial first days of the Wuhan coronavirus outbreak...

China spent the crucial first days of the Wuhan coronavirus outbreak arresting people who posted about it online and threatening journalists

In the early days of the Wuhan coronavirus outbreak, Chinese officials arrested citizens they accused of spreading rumors about the illness online. Journalists have also... Read more ...

President Trump says Mark Zuckerberg running for president 'wouldn't be too...

President Trump says Mark Zuckerberg running for president 'wouldn't be too frightening'

President Trump was asked about Facebook and its CEO, Mark Zuckerberg, in a new interview with CNBC's Squawk Box . "I heard he's going to run for president," Trump said. "That... Read more ...

Leaked pitch deck shows how WarnerMedia plans to become the dominant media...

Leaked pitch deck shows how WarnerMedia plans to become the dominant media company by spending on HBO Max and ad tech division Xandr

WarnerMedia executives presented a deck to advertisers that shows how parent company AT&T plans to try to become the biggest media company. The company said it planned a big... Read more ...

Southwest had a mess of a year because of the 737 Max, and it's only going...

Southwest had a mess of a year because of the 737 Max, and it's only going to get worse - but there are a few bright spots

Southwest Airlines reported fourth quarter and full 2019 earnings following a tumultuous year without its flagship plane, the Boeing 737 Max. The airline is the biggest... Read more ...

Goldman Sachs CEO says no IPOs for companies without at least one 'diverse'...

Goldman Sachs CEO says no IPOs for companies without at least one 'diverse' board member starting in July

Goldman Sachs CEO David Solomon said Thursday in an interview with CNBC in Davos, Switzerland that starting in July, the bank won't help companies without at least one... Read more ...

Proctor & Gamble sinks after a quarterly revenue miss overshadows improved...

Proctor & Gamble sinks after a quarterly revenue miss overshadows improved guidance

Proctor & Gamble announced on Thursday a second-quarter organic revenue miss that upstaged an otherwise rosy report. The company's organic sales, which exclude deals and... Read more ...

Storm8's journey from a Facebook gaming startup to a $300 million acquisition

Storm8's journey from a Facebook gaming startup to a $300 million acquisition

Stillfront, a Nordic game company, announced it would buy Storm8 for $300 million this week. We talked with Storm8's Perry Tam and Terence Fung. Read more ...

China's version of TikTok launches feature to spread awareness and fight...

China's version of TikTok launches feature to spread awareness and fight Wuhan coronavirus

The coronavirus outbreak that originated in Wuhan, China , has killed at least 18 people and infected more than 630. The virus can pass from human to human, and experts are... Read more ...