General Motors on Sept. 25, 2019 announced it is partnering with Amazon to enable the tech company’s Alexa voice assistant in millions of its vehicles. GM DETROIT – General Motors is partnering with Amazon to enable the tech company’s Alexa voice assistant in millions of its vehicles. The companies on Wednesday said the popular voice
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A handful of retailers are on sale. Ralph Lauren, Nordstrom, Victoria’s Secret parent L Brands, and Urban Outfitters are trading at their lowest forward multiples in around a decade. That low valuation pushed Atlantic Equities to get bullish on Ralph Lauren on Tuesday. All have underperformed the market this year with double-digit losses across all
This photo taken on July 19, 2018 shows a worker loading sacks of animal feed made from soybeans at the Hopefull Grain and Oil Group in Sanhe, in China’s northern Hebei province. The company is currently using soybeans imported from Brazil, after recently changing from U.S. soybeans. Greg Baker | AFP | Getty Images In
James Monsees, co-founder and chief product officer at JUUL Labs Inc., appears before the House Economic and Consumer Policy Subcommittee which is examining JUUL’s role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC. Mark Wilson | Getty Images News | Getty Images Vaping giant Juul Labs plans to restructure and cut
It’s hard to be sour on Lululemon. The athleisure stock has been something of a juggernaut this year, rallying over 60% since the start of 2019. With fellow sportswear giant Nike reporting earnings after Tuesday’s closing bell, some investors are taking a closer look at this corner of retail to see which company is best
Budweiser beer bottle labels during a Anheuser-Busch InBev NV news conference in Hong Kong, China, on Tuesday, Sept. 17, 2019. Kyle Lam | Bloomberg | Getty Images Anheuser-Busch InBev has priced its Budweiser initial public offering at HK$27 a share, a source familiar with the matter told CNBC’s Emily Tan. At that pricing, the company
A photo from SpaceX CEO Elon Musk of the company “adding the rear moving fins” to the first Starship rocket in Boca Chica, Texas. @elonmusk SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first of the company’s vehicles coming together at its facility in Texas.
The U.S. and China must work closely to reach a trade deal as their bilateral dispute has a global impact, said China’s former vice finance minister on Monday. “We hope that China and U.S. can reach an agreement with mutual respect, mutual benefit with equal treatment for each other,” said Zhu Guangyao told CNBC’s “Squawk
Emmy Trophies Greg Doherty/Getty Images TV’s biggest night is finally here. On Sunday, the 71st Primetime Emmy Awards will honor the best comedies, dramas, limited and variety series from the last year. HBO heads into the ceremony with a record-breaking 137 nominations, including 32 for “Game of Thrones,” which took its final bow in May.
The 2019 Jeep Gladiator Mack Hogan | CNBC When Fiat and Chrysler merged to create Fiat Chrysler, it looked as though the company would use Fiat’s small-car know-how to create a leaner, more efficient lineup better suited for the post-recession era. But that’s not exactly how it went. It turns out that, when gas stays
The Smiths are a dog family. The dog bone bumper sticker on their car confirms it. After their Bichon Frise passed away, Patty and Scott Smith searched for a new furry addition to the family. Due to Patty’s allergies, the couple was looking for a hypoallergenic dog. After what she described as a difficult experience finding
General Motors Co. (GM) Chevrolet vehicles are displayed for sale on the lot at Phillips Chevrolet car dealership in Frankfort, Illinois. Daniel Acker | Bloomberg | Getty Images The strike against General Motors by 48,000 United Auto Workers Union members is set to enter its second week unless negotiators break through a series of reported
Shane Gillis performs onstage at the 2019 Clusterfest on June 21, 2019 in San Francisco, California. Jeff Kravitz | FilmMagic, Inc | Getty Images Four days after it was announced that Shane Gillis would join the cast of “Saturday Night Live” for the show’s 45th season, Gillis was fired. The backlash came quick after a
Zscaler CEO Jay Chaudhry on Friday shrugged off any worries of stiff competition from rival Palo Alto Networks. “You know, when paradigm shift takes place, incumbent and legacy vendors are often displaced,” Chaudhry said in a one-on-one with “Mad Money’s” Jim Cramer. “They feel the pain and they try to attack everyone.” Earlier this month,
CNBC’s Jim Cramer is bullish about Apple‘s iPhone potential in China. The tech titan has been a focal point of the trade war between the United States and China, but the dispute reportedly has not damped Chinese consumer interest in the latest iPhone launch that hit stores worldwide on Friday. Demand for the cheaper of
Walmart will stop selling e-cigarettes amid “regulatory complexity” and “uncertainty” around the products, the retailer said in a memo Friday. “Given the growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes, we plan to discontinue the sale of electronic nicotine delivery products at all Walmart and Sam’s Club U.S. locations,” the company said.
McLaren Chief Executive Officer Zak Brown looks on from the pitwall during final practice for the F1 Grand Prix of France at Circuit Paul Ricard on June 22, 2019 in Le Castellet, France. Dan Istitene | Getty Images Sport | Getty Images The chief of Britain’s McLaren Racing says the team is ready to be
Rivian delivery truck for Amazon Amazon handout 2019 Jeff Bezos said Amazon has ordered 100,000 electric delivery vehicles from start-up Rivian Automotive in a push to make the company’s fleet run entirely on renewable energy. The order which was confirmed via tweet by David Clark, Amazon’s senior vice president of operations is the largest order for electric
Do you prefer reading an e-book or a physical version? It might be a surprise, but for most people, old school print on paper still wins. Publishers of books in all formats made almost $26 billion in revenue last year in the U.S., with print making up $22.6 billion and e-books taking $2.04 billion, according
CNBC’s Jim Cramer says it’s a positive sign that bank stocks rallied after Federal Reserve Chairman Jerome Powell announced the central bank would issue a quarter-point cut in the federal funds rate. The “Mad Money” host tries to make sense of trouble that appears to be on the horizon for Adobe and FedEx. He goes one-on-one