Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. The company
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CNBC’s Jim Cramer explains what the recent mergers tell us about the stock market. The “Mad Money” host also explains why now is the right time to buy shares of Uber. Cramer also sits down with the CEO of PVH to discuss the impacts of the U.S.-China trade war on the American consumer. Recent mergers
A mid-engine 2020 Chevrolet Corvette on the floor of the Los Angeles Auto Show on Nov. 21, 2019. Michael Wayland / CNBC LOS ANGELES – Following Ford Motor‘s highly anticipated debut of the all-electric Mustang Mach-E SUV, attention is turning to General Motors to potentially leverage the Chevrolet Corvette, its most-iconic nameplate, into a sub-brand
1. Dow to open higher after losing week Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were pointing to a higher open Monday on Wall Street after the Dow Jones Industrial Average, S&P 500 and Nasdaq gained ground on Friday but still broke multiweek winning
Singer Taylor Swift performs on the stage during the gala of 2019 Alibaba 11.11 Global Shopping Festival at Mercedes-Benz Arena on November 10, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Taylor Swift took the stage on Sunday to sing hits from her catalog of music in front of a screaming
Pedestrians pass in front of a Tiffany & Co. store. Akos Stiller | Bloomberg | Getty Images Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3 billion, according to sources familiar with the matter. The boards of the luxury firms have been discussing a
A view of the dashboard in a new Tesla Model S car. Recent updates include a ‘Caraoke’ song library available through the center console, more arcade games, and linking to popular streaming entertainment services like Netflix, Hulu and Spotify. Getty Images The average car already has more than 150 million lines of code, according to
Celebrating the holidays with family. LuckyBusiness | iStock | Getty Images The holidays are nearly here, and with six fewer days to shop between Thanksgiving and Christmas, parents need to act fast to grab the hottest toys. This year, kids are gravitating toward toys that feature their favorite characters from television and the big screen.
A logo sits on display on a building at the Novartis AG campus in Basel, Switzerland, on Wednesday, Jan. 16, 2019. Stefan Wermuth | Bloomberg | Getty Images Swiss pharmaceutical giant Novartis is close to a deal to purchase the cholesterol drugmaker Medicines Company for nearly $7 billion, according to The Wall Street Journal, which
Tesla: “I think if you really do want to buy it — I’m not going to necessarily recommend buying it — you wait it out about another maybe 10, 15 points down, and then maybe take a look.” Dunkin’ Brands Group: “Actually, I prefer Starbucks to Dunkin’ Donuts. Starbucks is way down from its high and I think
CNBC’s Jim Cramer takes a look at the week ahead in stock market news as Wall Street prepares for a short week of trading with Thanksgiving on Thursday. The “Mad Money” host sits down for interviews with Clorox CEO Benno Dorer and SoFi CEO Anthony Noto. Noto says he expects to see consolidation in the
If someone asked you when the holiday shopping season starts, you’d likely point to Black Friday, when flocks of people will rush to stores after a hearty turkey dinner to pick through the hottest deals. But for more people in 2019, holiday shopping started in July. Why? Amazon. Amazon’s annual Prime Day extravaganza has “become
Imagine loading up a cart full of merchandise at a store, and just walking out the door in broad daylight as store employees watch you do it. It’s known as organized retail crime, and it’s a growing trouble for the nation’s retailers. Instead of stealing for personal use, these criminals are part of a larger
The Phoenix Suns unveiled renderings and provided more details Thursday night surrounding the team’s $230 million renovation project of Talking Stick Resort Arena. Labeled “Project 201: PHX Reimagined,” the 27-year-old venue, one of the oldest in the NBA that hasn’t been remodeled, will see an entire transformation. Among the upgrades is a new video scoreboard
Pedestrians walk outside an E*Trade Financial office in New York, U.S. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading: TD Ameritrade — Shares of the brokerage surged more than 20% after sources told CNBC that Charles Schwab is in talks to buy the company. A deal between
Jack Taylor | Stringer An unknown number of British Airways flights have been delayed in what the airline has blamed on a “technical issue.” The social media team of the airline took to Twitter late Wednesday in an attempt to reassure passengers that steps were being taken to accommodate passengers affected by delays and cancellations.
CNBC’s Jim Cramer says digital is the common thread between the diverging quarterly earnings resutls in Home Depot, Lowe’s, Kohl’s and Target. The “Mad Money” host sits down with the CEOs of Okta and Tableau Software to get insight into how they’re playing an integral role in supplying corporations with tools that they need to
HRH Prince Andrew, Duke of York on July 11, 2019 in Harrogate, England. Ian Forsyth | Getty Images Prince Andrew announced Wednesday that he will “step back from public duties for the foreseeable future” because of the continuing controversy over the British royal’s past friendship with convicted sex offender Jeffrey Epstein. Andrew also said he
Sheikh Mohammed bin Rashid Al Maktoum, United Arab Emirates vice president and prime minister, center blue sandals, passes a Boeing Co. 787-10 passenger aircraft, operated by Emirates Airlines, during the 15th Dubai Air Show at Dubai World Central (DWC) in Dubai, United Arab Emirates, on Monday, Nov. 13, 2017. Natalie Naccache | Bloomberg | Getty
LOS ANGELES – Audi on Tuesday unveiled the all-electric e-tron Sportback with tech-savvy features such as camera-based “side mirrors” and a new dynamic lighting system. There’s a problem though. The two new technologies are illegal in the U.S. due to what some consider to be outdated safety regulations from the National Highway Traffic Safety Administration.