When most 15-year-olds are out at the movies, playing video games or listening to music, Mikaila Ulmer of Austin is focusing on building her empire. Mikaila is the CEO of Me & the Bees Lemonade, a business she started at age 4 after her family encouraged her to enter a local youth business competition. While
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This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 81,000Total deaths: At least 2,764 9:54 am: Brazil Health Ministry confirms first coronavirus case in Latin America The Brazilian government confirmed the first case of a fast-spreading new coronavirus in Latin America, officials from
People walk outside a Lowe’s store in East Peoria, Ill. Daniel Acker | Bloomberg | Getty Images Lowe’s shares fell Wednesday after the company reported mixed fourth-quarter results, with sales weaker than expected, and provided a disappointing forecast. Shares were down more than 3% in premarket trading. Here’s what Lowe’s reported compared with what Wall
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Disney. Gina Sanchez was a seller of the High Yield Bond ETF. Dan Nathan was a buyer of eBay. Guy Adami was a buyer of Citi. Disclaimer Trader disclosure: AMZA, AMZN, AAPL, ACBFF, ACRGF, ALEF, ACB, APH, ARNA,
“Complete fraud,” “joke,” “jargon,” “so ridiculous,” were among the choice words Social Capital founder and CEO Chamath Palihapitiya used to describe the growing ESG movement. “These are useful statements. It’s great marketing. But again it’s a lot of sizzle, no steak,” he said Wednesday on CNBC’s “Squawk Box.” The increasingly popular ESG investing style evaluates
In the face of a global health emergency, thousands of U.S. college students studying abroad are scrambling. As the coronavirus spreads through northern Italy, some schools, including Syracuse University and New York University, announced they were closing their campuses in Florence immediately. “We have urged students to leave Florence for this period,“ NYU Spokesman John
Bob Chapek (C) Chairman of Parks, Experiences, and Products for the Walt Disney Company speaks during the dedication ceremony for the “Rise of the Resistance” attraction opening at Galaxy’s Edge at Disney’s Hollywood Studios on December 04, 2019 in Orlando, Florida. Gerardo Mora The head of Disney’s parks, experiences and products is now its new
Shares of Mastercard fell on Monday after the credit card company issued a warning that the fast-spreading coronavirus could hurt its revenue this year. “Cross-border travel, and to a lesser extent cross-border e-commerce growth, is being impacted by the Coronavirus,” the company said in a statement on Monday after the bell. The company said its
Mastercard President and CEO Ajay Banga told CNBC Tuesday that he has led the company for more than a decade and that it is time to pass the baton. He will transition out of the roles next year, ceding the chief executive seat on Jan. 1 and the president title months later to current Chief Product
Baseball, known locally as yakyuu (or literally “field ball”), is a national phenomenon in Japan. Masaoka Shiki, one of Japan’s four great haiku masters, wrote several poems praising it. Osaka’s most infamous urban legend centers around it. It’s even more popular than the nation’s native sumo. According to data published by Japan’s Central Research Services
Larry Kudlow, director of the U.S. National Economic Council, speaks during a television interview at the White House in Washington, D.C., U.S. on Thursday, Jan. 30, 2020. Alex Edelman | Bloomberg | Getty Images National Economic Council Director Larry Kudlow said the coronavirus-triggered selloff has created a buying opportunity for long-term investors. “The virus story
Massachusetts Commonwealth Secretary William Francis Galvin Steven Senne | AP Massachusetts investors are slated to get an extra dose of regulatory protection. But not everyone agrees that’s a good thing. Last week, Massachusetts Secretary of the Commonwealth William F. Galvin put the finishing touches on a new fiduciary standard for broker-dealers and broker-dealer agents operating
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Bob Iger is stepping down as CEO. The media mogul, who has been at the helm of
Macy’s reported fourth-quarter earnings on Tuesday that outpaced expectations, helped by a boost from last-minute shoppers who lifted sales in the days leading up to Christmas. Shares climbed as much as 6% in premarket trading, before they dropped and opened flat. “Taken as a whole, 2019 did not play out as we intended for Macy’s,
Stock futures were up just slightly in overnight trading after stocks’ worst two-day rout in more than four years amid heightened concern the coronavirus will upend global economic growth. Futures on the Dow Jones Industrial Average rose 96 points, while the S&P 500 futures were up 0.2%. To be sure, futures trading this early may
The Nasdaq-100 Index shed more than 2% on Tuesday, and based on one key technical indicator, it may be headed for even steeper declines. On Monday, the tech-heavy index’s 14-day RSI reading fell below 50, breaking its longest streak above 50 on record, according to data from Sentimentrader. RSI, or relative strength index, is a
John Fedele The annual income of older Americans could drop significantly from one year to the next for a variety of reasons. It might be retirement or the death of a spouse, perhaps, or the sale of a business. Yet it might take Medicare — which charges higher earners more for premiums — a couple
Gail Warrior Gail Warrior Gail Warrior, who created one of the largest woman- and minority-owned construction companies in the U.S., remembers her first experience applying for a business loan back in 2000. She was chief executive of Dallas-based Warrior Group, a modular construction company that had just won a government contract to build a barracks
Amazon Go Grocery spans 10,400 square feet and includes about 5,000 different items. Source: Lauren Thomas, CNBC SEATTLE — Amazon is cracking further into the $800 billion U.S. grocery industry, keeping the likes of Walmart, Kroger, 7-Eleven and Instacart on their toes. The online behemoth on Tuesday is opening its first, full-size, cashierless grocery store.
A Home Depot store in Miami, Florida. Getty Images Home Depot is set to report earnings for the fourth quarter before the bell Tuesday and update investors on whether its significant investments in the company are paying off. Here’s what analysts expect, based on Refinitiv data: Earnings per share: $2.10, adjusted Revenue: $25.76 billion Same-store