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
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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.
A woman shops for jewellery at a Kohl’s department store in Alhambra, California. Frederic J. Brown | AFP | Getty Images The sharp selloff of retail stocks Tuesday sends a powerful signal: Investors are worried that the deep discounts that battered Kohl’s latest earnings report will be repeated as more retailers report in the coming
An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters DUBAI, United Arab Emirates — Boeing managed to reach day three of the Dubai Air Show with bids for 50 of its embattled 737 Max jets, a
McDonald’s incoming U.S. President Chris Kempczinski speaks during a press conference in New York November 17, 2016. Shannon Stapleton | Reuters McDonald’s new CEO Chris Kempczinski said Monday that meetings with the company’s senior leadership and managing directors has “reaffirmed” his confidence in its leadership and the path it’s on. However, he is asking employees
GW Pharmaceuticals: “We like GW Pharma, but we’ve said it’s part of the cannabis cohort and because it has been pulled down by a lot of ETFs, and therefore it is still too early.” Turning Point Therapeutics: “Turning Point Therapeutics is a very big speculative situation. Most people wouldn’t know the difference between Turning Point
An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI, United Arab Emirates — Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday. The order’s list price sits at $16 billion, but a steep
The 2019 Ford F-150 Limited pickup Mack Hogan | CNBC The Ford F-Series is huge. It outsells every other car and truck in the world, despite being sold in only a handful of markets. And despite going up against all-new trucks from General Motors and Fiat Chrysler, the older Ford trucks are having no issues
A general view shows people walking across the flooded St. Mark’s Square, by St. Mark’s Basilica on November 15, 2019 in Venice, two days after the city suffered its highest tide in 50 years. Filippo Monteforte | AFP | Getty Images For Venetians, water is a way of life. It surrounds the city, ebbing and
aviation-images.com | Universal Images Group | Getty Images DUBAI — Airbus Chief Commercial Officer Christian Scherer forcefully rejected the notion that his company is benefiting from the grounding of Boeing’s 737 Max fleet while speaking to CNBC during the Dubai Air Show. “I really need to correct that cultural belief. This does not benefit anyone
Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not
Anheuser-Busch remains the king of beers, ruling nearly 41% of the $119 billion U.S. market for beer and malt-based beverages. But there’s trouble in the consumer market for the iconic maker of Budweiser, Bud Light, Beck’s, Goose Island and dozens of other brands. Americans are drinking less beer and more wine and spirits, while also
CNBC’s Jim Cramer previews next week’s earnings reports from companies such as Target, Kohl’s and Foot Locker. The “Mad Money” host also chats with LivePerson CEO Robert LoCascio, who discusses how artificial intelligence has changed the way customers interact with companies. Later in the show he explains why both Wells Fargo and Walmart are worth buying.