Phone imports surge in Sept as local output…

New Delhi: Smartphone imports surged by about a fifth in September, indicating that local output is yet to catch up with peak festive season demand, even as Indian retailers replenished store shelves in anticipation of…

Immune to downturn? Big Tech continues its surge…

By Daisuke Wakabayashi, Karen Weise, Jack Nicas and Mike IsaacWhile the rest of the U.S. economy languished earlier this year, the tech industry’s biggest companies seemed immune to the downturn, surging as the country worked,…

Shares of furniture retailer Herman Miller soar 33%…

Herman Miller Aeron chairSource: Herman MillerShares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped 33.5% in midday trading…

Salesforce cuts about 1,000 jobs even as stock…

Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on October 18, 2019.NICHOLAS KAMM | AFP | Getty ImagesSalesforce is cutting about 1,000 jobs, or…

A surge in evictions could turn into financial…

The U.S. economy will face great risk if lawmakers do not step up and stave off a looming, far-reaching eviction crisis, an economist with mortgage aggregator LendingTree told CNBC on Friday.With eviction moratoriums lifting across…