CNBC’s Jim Cramer on Thursday said excessive negative sentiment about the stock market being spewed out in the media is leaving too many potential investors on the sidelines. After rising slightly during the trading session, the S&P 500 has rallied more than 26% thus far in 2019. Yet, just about 1 in 3 American voters
Business
Lee Westwood of England plays his second shot on the third hole during the first round of the DP World Tour Championship Dubai on The Earth Course at Jumeirah Golf Estates on November 21, 2019 in Dubai, United Arab Emirates. David Cannon/Getty Images “Leadership League” is a unique insight into how the decision makers, power
The Hong Kong government is keeping an open mind to additional measures that will help support the city’s economy, Edward Yau, the city’s secretary for commerce and economic development, said on Thursday. “Hong Kong is of course hit doubly by a sort of twin cycle — U.S.–China trade war and also the local unrest; I
Signage is displayed on the headquarters building of Boeing Co. in Chicago, Illinois, U.S., on Monday, April 27, 2009. Boeing Co. last week lowered its 2009 profit forecast less than analysts predicted, reaffirming the year’s delivery schedule even as the recession prompts airlines to defer orders and forces the planemaker to further delay a model.
A DHL Cargo bike in Berlin. Source: DHL New York City is testing a pilot program that would take some deliveries out of the hands of drivers in cars and vans and put them on bikes. UPS, Amazon and DHL are taking part in the Commercial Cargo Bike Pilot Program, which launches Wednesday using bikes
For many would-be entrepreneurs, Harvard’s prestigious MBA program provides an important step in the journey from dreamer to founder. But for Bom Kim, that step was quicker than most. Just six months into the program, he dropped out, determined to make it on his own. Now, less than a decade on, Kim is the billionaire
The U.S. Speaker of the House Nancy Pelosi speaks over impeachment inquiry two days after the formal request during her weekly press conference on Capitol Hill on Thursday, September 26, 2019. Aurora Samperio | NurPhoto | Getty Images Democratic House Speaker Nancy Pelosi‘s sweeping drug pricing bill would result in as many as 100 fewer
A U.S. Postal Service (U.S.P.S.) worker unpacks packages from a truck on December 02, 2019 in San Francisco, California. Cyber Monday shoppers are on track to spend a record $9.4 billion on online purchases, a nearly 19 percent jump from one year ago, following strong Black Friday sales purchases of $7.2 billion. Justin Sullivan |
Isabel Pavia | Moment | Getty Images Derived from the Swedish term “flygskam” where the movement originated, “flight shame” is having a notable effect on the way people think about traveling. The concept aims to get people to stop traveling by plane in order to lower carbon emissions and has gained momentum thanks to environmental
Biogen‘s stock could fall as much as 10% once it releases new data this week on its Alzheimer’s drug, aducanumab, Baird biotech analyst Brian Skorney told CNBC on Monday. The stock could fall even further from its Monday per-share price of around $292 to about $230 if investors believe its drug will be rejected by
Epics | Hulton Archive | Getty Images McDonald’s appears to be entering the chicken sandwich wars. The chain teased a test of a chicken sandwich in Houston and Knoxville, Tennessee on Twitter Sunday. “Houston. Knoxville. Lunch tomorrow? No beef,” the fast-food giant tweeted. McDonald’s franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A’s threat
If there is one thing that Instagram has shown us is that the world is filled with fascinating natural wonders. The downside? There are few geological secrets anymore. What was once a tribe’s, then a town’s, and eventually a country’s pride and joy is now subject to the whims of the international traveling world —
Anna and Olaf from from Disney’s “Frozen II,” voiced by Kristen Bell and Josh Gad. Disney Disney has put another feather in its cap this weekend. “Frozen II” continued to dominate the box office, hauling in $124 million domestically during the five-day Thanksgiving holiday weekend. The animated feature outpaced 2013’s “Hunger Games: Catching Fire” to
Sven the reindeer and Olaf from “Frozen II.” Disney Disney has long been the king of animation, with titles that have not only hauled in billions of dollars at the global box office, but also scored a record number of Academy Awards. This year, that trend continues. The company, which has two animation studios, has
UAW President Gary Jones (left) and FCA North America Chief Operating Officer Mark Stewart opened 2019 contract talks with a ceremonial hand shake during an event on July 16, 2019 at the company’s North American headquarters in Auburn Hills, Mich. Fiat Chrysler DETROIT – Fiat Chrysler and the United Auto Workers union have reached a
A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Future Publishing | Future | Getty Images Black Friday shoppers spent $7.4 billion online, the second largest Internet shopping day ever, according to data compiled by Adobe Analytics. The $7.4 billion marked the
Consumers aren’t waiting until Cyber Monday to shop online this holiday season. Spending online on Black Friday, as of 9 pm ET, hit a new record of $5.4 billion, up 22.3% from a year ago, according to data pulled from Adobe Analytics, which measures transactions from 80 of the top 100 U.S. online retailers. This
The National Football League has suspended Arizona Cardinals defensive back Josh Shaw for betting on games, the league announced Friday. Shaw, who is currently on injured reserve, will not be eligible to play for the remainder of the 2019 season, and out indefinitely until at least the conclusion of the 2020 season for betting on
A crew works to de-ice a plane at Minneapolis-St. Paul International Airport after a blizzard struck overnight on November 27, 2019 in Bloomington, Minnesota. Stephen Maturen | Getty Images Travelers returning from the long Thanksgiving weekend may face disruptions as a slow-moving winter storm advances eastward. Delta Air Lines on Friday said it would waive
(Credit: NBC/NBCU Photo Bank via Getty Images) The ’90s fashion revival has past its peak. Over the last few years, women ditched skinny jeans for the classic Levi’s style, Champion windbreakers flew off shelves and streaming platforms battled for the rights to the hit show “Friends.” This revival of 1990’s consumer tastes put certain brands