FBI agents walking into the home of United Auto Workers President Gary Jones after removing materials from the location on Wednesday, Aug. 28, 2019. Michael Wayland/CNBC DETROIT – The scope of an ongoing federal corruption probe into the United Auto Workers continues to widen as the union attempts to solidify new labor contracts with the
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1. Stocks set for lower open on worries about US-China trade deal Spencer Platt | Getty Images News | Getty Images U.S. stock futures were largely pointing to a lower Thursday open on Wall Street after Bloomberg reported that Chinese officials have been casting doubt over the possibility of a long-term trade deal with the
Los Angeles Lakers forward LeBron James (23) moves to the basket against Denver Nuggets guard Jamal Murray (27) during the second half at Staples Center, March 6, 2019. Gary A. Vasquez | USA TODAY Sports | Reuters The Los Angeles Lakers and Delta Air Lines extended their partnership on Wednesday, allowing Atlanta based company to
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks will report earnings after the bell Wednesday. The coffee chain’s stock, valued at $100 billion, is up 29% so far this year. Here’s what analysts surveyed by Refinitiv are expecting: Earnings per share: 70 cents expected Revenue: $6.68 billion expected Global same-store sales: 3.95% Investors will be
A bad night’s sleep can be stressful, damage our physical and mental wellbeing and impair our performance in day-to-day tasks. CNBC spoke to sleep expert James Wilson, founder of The Sleep Lab — a company that helps businesses develop products and services to solve sleep problems — who shared three steps anyone can take to
CNBC’s Jim Cramer flags that there is a “rude awakening” from Uber and other looming stock lockup expirations coming to Wall Street. The “Mad Money” host sounds the alarm that Wall Street should prevent Chinese companies from going public in U.S. markets. Later in the show he urges viewers to take advantage of Twitter’s pullback
A Johnson & Johnson building is shown in Irvine, California. Mike Blake | Reuters Johnson & Johnson, which recalled 33,000 bottles of baby powder earlier this month, said Monday it retested its baby powder and found no signs of asbestos that prompted the recall. J&J pulled the powder off of shelves after federal regulators said
President Donald Trump (C) accompanied by Senator David Perdue (R-GA) (R) and a member of the military stand as members of the military are recognized during Game 5 of the World Series between the Washington Nationals and Houston Astros at Nationals Park in Washington, DC on October 27, 2019. Tasos Katopodis | AFP | Getty
CNBC’s Jim Cramer attributes the market’s rise to record levels to both consumer and business demand. The “Mad Money” host breaks down how performances in luxury brands reflect consumer strength. Later in the show Cramer lays out what the $10 billion defense contract awarded to Microsoft means for the computer maker’s cloud services. Demand is
Boeing Chief Executive Dennis Muilenburg speaks during a press conference after the annual shareholders meeting at the Field Museum on April 29, 2019 in Chicago. Jim Young-Pool | Getty Images Boeing CEO Dennis Muilenburg plans to tell lawmakers Tuesday that the manufacturer made mistakes with its 737 Max, its best-selling plane that is grounded worldwide
Popeyes Chicken Sandwich Source: Popeyes Louisiana Kitchen Popeyes’ chicken sandwich will return to stores Nov. 3. In August, the Restaurant Brands International chain sold out of its new chicken sandwich in a little more than two weeks. The supply was supposed to last until the end of September. The sandwich was designed to help Popeyes
NEW YORK CITY – SpaceX President and COO Gwynne Shotwell outlined plans for its two development programs at a recent investor conference, giving her forecast for when the company will fly people on its next-generation rocket and begin offering internet from its satellite network. The company has raised more than $1.3 billion this year to
Back in 2010, Birchbox CEO Katia Beauchamp and her co-founder Hayley Barna were having a hard time convincing brands to join their newly formed subscription service — offering five to six curated beauty products for a flat monthly fee. The customer base was not yet there and the business model untested. “The story I always remember
The Beatles in 1964. (L-R): Paul McCartney, George Harrison, Ringo Starr and John Lennon. Evening Standard | Getty Images The Beatles broke up five decades ago, but you would never know it from looking at the charts. In late September the group reissued the 50th anniversary edition of its 1969 album “Abbey Road,” which hit
Americans owe a lot of money. The average American uses over one-third of his or her budget to pay down debt, according to a 2019 study from Northwestern Mutual. The study also found that 15% of people believe they’ll be paying it off for the rest of their lives. Experts say a significant amount of
The new series “Watchmen,” based on the comic by writer Alan Moore, premiered last weekend on HBO, and according to The Daily Beast, it’s the latest victim of “review bombing.” However, if the perpetrators are hoping to sink the show, they’re unlikely to succeed. For those not in the know, “review bombing” is what happens
With one jam-packed week of earnings down, another is nigh. The Dow Jones Industrial Average posted its second positive trading week in three, the S&P 500 had its third positive week in a row and the Nasdaq Composite posted its fourth-straight week of gains. The S&P 500 closed about three points off its all-time highs,
CNBC’s Jim Cramer on Friday said the slate of earnings reports he saw this week gave him a positive feeling about the week ahead. He breaks down what quarterly reports he’ll have his eye on. The “Mad Money” host also sits down with American Airlines CEO Doug Parker to find out how the company is
A man walks by a Sears store. Andy Clark | Reuters Sears’ current owner is exploring potential assets to sell off, including its DieHard brand, The Wall Street Journal reported. Transform Holdco, the retailer’s parent, has hired investment bankers to advise on the potential asset sales, people familiar with the situation told WSJ. Sears did
Indonesian rescue workers help remove a section of a Lion Air Boeing 737 from the sea four days after it crashed while trying to land at Bali’s international airport near Denpasar on April 17, 2013. SONNY TUMBELAKA | AFP | Getty Images Boeing has responded to the public release of Indonesia’s final report on the