Gary Jones, president UAW International, (left) and Bill Ford, executive chairman, Ford Motor, shake hands on July 15, 2019 at Ford World Headquarters to begin negotiations for a new contract. Ford DETROIT – Members of the United Auto Workers have approved a new four-year deal with Ford Motor, the union announced Friday. The deal requires
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The Dow Jones Industrial Average just hit a fresh record, but under the hood it’s more complicated. Eleven Dow stocks, or more than a third of its components, are still in a correction or worse – those include Cisco, 3M, Pfizer, Exxon Mobil, Boeing and UnitedHealth among others. Two traders agree that one of those stocks
CNBC’s Jim Cramer explains why Wall Street has fallen out of love with enterprise-based technology stocks like Cisco and turned to consumer-based ones like Roku. The “Mad Money” host sits down with Viacom CEO Bob Bakish to get insight into the company’s merger with CBS and foray into the streaming war. Later in the show
Taylor Swift performs during The 58th GRAMMY Awards at Staples Center on February 15, 2016 in Los Angeles. Kevin Winter | WireImage | Getty Images Taylor Swift’s public feud with music industry executives Scott Borchetta and Scooter Braun continued Thursday when she claimed on social media they were “exercising tyrannical control” and blocking her from
Serena Williams celebrates her semifinal win at the 2018 Wimbledon Championships Nigel French – PA Images| Getty Images Online sporting event service provider Let’s Do This is expanding its digital operations thanks to a round of funding from the likes of tennis star and 23-time Gland Slam champion Serena Williams and track star and eight-time Olympic champion
Hyundai confirms it will put first pickup, the Santa Cruz, into production at Alabama plant in 2021. Hyundai handout After an unexpectedly long delay, Hyundai has given the go to build a new compact pickup truck, a version of the Santa Cruz concept from the 2015 Detroit Auto Show, at its Montgomery, Alabama assembly plant.
CNBC’s Jim Cramer hails Bob Iger’s leadership of Disney and the early subscriber results of the company’s just-launched streaming platform Disney+. The “Mad Money” host sits down with Dexcom CEO Kevin Sayer to get a deeper understanding of the impact that Big Data will have on businesses. Later in the show he compares the stocks
A cargo chip (L) arrives into the Port of Los Angeles, the busiest container port in the U.S., after departing from the Port of Yantian, China, on November 7, 2019 in San Pedro, California. Mario Tama | Getty Images President Trump announced a month ago that his administration had clinched a trade deal with China.
Military veterans often possess skills that can fortify a financial technology company’s workforce, which is why PayPal has committed to hiring former service members, Chief Financial Officer John Rainey told CNBC Tuesday. Since 2017, PayPal has added more than 180 veterans to its payroll in large part from the help of partnerships with organizations, such
Smartsheet: “I’ve been doing the work on this piece for a while about all the too many cloud-based companies. That comes down to the too many cloud-based companies. I’m sorry, I have to put it there.” Kirkland Lake Gold: “Well that’s an odd one because I do prefer Agnico Eagle … or I prefer Barrick,
Boeing 737 MAX airplanes are stored in an area adjacent to Boeing Field, on June 27, 2019 in Seattle, Washington. Stephen Brashear | Getty Images Boeing orders continued to slow last month as the manufacturer, hamstrung by the grounding of its best-selling 737 Max after two fatal crashes, handed a bigger lead over to its
Hong Kong billionaire Li Ka-shing at the listing press conference for CK Life Sciences International (Holdings). K. Y. Cheng | South China Morning Post | Getty Images Shares of biotech company CK Life Sciences soared more than 200% last week on news that the Hong Kong-based firm has made significant headway in a skin cancer
In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Burger King is doubling down on meatless burgers. The Restaurant Brands International chain announced on Monday plans to launch a vegetarian burger in more than
[embedded content] [The stream is slated to begin at 9:40 a.m. EST. Please refresh the page if you do not see the player above.] SpaceX is set to launch another 60 of its own internet satellites on Monday morning from Cape Canaveral, Florida, in a mission that will also set company records for reusing its rockets.
Bernard Tyson, Kaiser Permanente David A. Grogan | CNBC Kaiser Permanente chairman and CEO Bernard Tyson died unexpectedly in his sleep Sunday, the health care giant announced. One of the nation’s leading health care executives, Tyson was 60. He rose through the ranks during a 30-year career at Kaiser to become CEO in 2013. Over
Bernard Tyson, CEO of Kaiser Permanente at the 2018 WEF in Davos, Switzerland. Adam Galica | CNBC Kaiser Permanente’s chief executive and chairman, Bernard J. Tyson, died in his sleep early Sunday at age 60, the California-based company confirmed. Tyson succeeded George Halvorson as chief executive in 2013 and had led the health care corporation
Ending private health insurance has been one of the rallying cries of Elizabeth Warren‘s presidential bid and her rise in the polls has made health care investors nervous. Yet the week after the leading Democratic contender detailed how she’d pay for her Medicare for All plan, prompting widespread debate, investors are seemingly to shrugging off
A man is seen admiring 3-D models made with HP printers at Industry Week in Barcelona, Spain. The objective is to accelerate the use of technologies and industrial sectors such as robotics, molds and matrices, new materials and 3-D printing. SOPA Images | LightRocket | Getty Images A French cosmetics giant uses one to create
“The weather’s been ferocious,” said Elizabeth Ryan, the owner of Stone Ridge Orchard. “We’re fighting for our lives in this moment of climate change.” Emma Newburger / CNBC STONE RIDGE, N.Y. — Elizabeth Ryan was standing among her ruined Golden Supreme apple trees, recalling how they were snapped and toppled by Hurricane Sandy and debating
Tesla Model 3 owners do not receive traditional car keys or fobs. Instead, the automaker provides them with a keycard and smartphone app to gain access and operate the car. Tesla YouTube DETROIT — Key fobs and emerging virtual, or digital, keys from the likes of Tesla and Lincoln are increasingly making traditional metal car