Former General Electric transportation CEO Bob Nardelli told CNBC on Tuesday he thinks there is more pain ahead for his former company. The industrial giant, which is in the middle of a massive restructuring, was booted out of the Dow Jones industrial average on Tuesday. The change will occur prior to the open on Tuesday, […]
Read moreAsian stocks were poised for a mixed open on Wednesday, with major regional markets set to stem the sharp losses made in the previous session that were caused by elevated fears of a trade war between the U.S. and China. Nikkei futures traded in Chicago were lower by 0.08 percent compared to the index’s last […]
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On the worst day this month for the major averages, CNBC’s Jim Cramer wanted to take a step back and get some perspective on some of the market’s hottest stocks. So the “Mad Money” host called on Carolyn Boroden, the technician behind FibonacciQueen.com and his colleague at RealMoney.com, to explain why taking a longer term […]
Read moreAs questions swirled Tuesday about who would come out on top if a trade war sparks between the United States and China, CNBC’s Jim Cramer weighed each side’s advantages. For one, the United States imports much more from China than China imports from the United States, meaning that Trump’s tariffs on Chinese goods would more […]
Read moreElon Musk wants to find a way to help the thousands of migrant children who are being separated from their parents at the U.S. border thanks to the Trump administration’s new “zero tolerance” policy on illegal crossings. “I hope the kids are ok,” Musk tweeted Tuesday. “I couldn’t even keep the US in the Paris […]
Read moreSnap CEO Evan Spiegel isn’t worried about Facebook‘s frequent imitations of his app features, saying Monday, “the innovators win in the long run.” “I think usually when the innovators win is when a really big platform shift happens, which is why we’re investing so heavily in things like augmented reality,” Spiegel told CNBC’s Julia Boorstin […]
Read moreOracle reported better-than-expected earnings for its fiscal fourth quarter after customers spent more money on cloud services. The stock rose slightly in extended trading after falling 0.5 percent to $46.27 at the close. The company will hold a conference call with analysts at 5 p.m. Eastern time to discuss the results. Here are the numbers: […]
Read moreAs a PhD candidate in materials science at UC Santa Barbara, James Rogers used to think a lot about food waste. But when he told his mom he wanted to apply his training in polymer physics to the produce industry, she dismissed the idea. “She said, ‘it sounds really nice, but you don’t know anything […]
Read moreAs of June 13, an Amazon Prime membership will earn you discounts at Whole Foods locations in 23 states. Whole Foods is gradually rolling out the lower prices for Prime members at stores across the U.S. this summer. The benefits include huge discounts on certain seafood and produce as well as a broad 10 percent […]
Read more“How do we reach the right consumer in a safe way?” That’s what Michael Roth, CEO of ad agency holding company IPG, says he’s focused on at the Cannes Lions festival, where he’s meeting with the tech platforms and clients. This year, he’s looking at the range of platforms that might grow to pose a […]
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