CNBC’s Jim Cramer explains why Disney and Nvidia are two perfect stocks to put in a young child’s portfolio. The “Mad Money” host also hears from Starbucks CEO Kevin Johnson about why the coffee giant continues to hire veterans. Later on, Cramer talks about other companies that hire former service members and argues that TJX
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A TGI Fridays restaurant in New York City. Scott Mlyn | CNBC T.G.I. Friday’s is going public again. The casual dining chain is planning on merging with Allegro Merger, a special purpose acquisition company with ties to investment firm Crescendo Partners, the two companies announced Friday. Special purpose acquisition companies have no assets but use the
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Disney shares jumped Friday as excitement around the media giant’s streaming service overshadowed a sharp profit decline
Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters China’s exports and imports beat forecasts in October, Reuters reported citing data from the country’s customs. In dollar terms, exports fell 0.9% while imports fell 6.4% from a year ago in October. Trade balance for
Star Wars: Galaxy’s Edge, inside Disneyland in Anaheim, California. Jeff Gritchen | MediaNews Group | Getty Images Higher ticket prices didn’t deter tourists from taking trips to Disney theme parks during its fourth quarter, but some are still holding off on their visits until Star Wars: Galaxy’s second ride is operational. “We believe there were
Source: Coca-Cola Coca-Cola on Thursday unveiled a new sparkling water line, its first new brand in more than a decade. The beverage giant will launch AHA in early 2020. The announcement comes as American consumption of soda continues to fall, forcing Coke and its rival PepsiCo to invest more in marketing of their legacy soda
Jack Ma, CEO of Chinese e-commerce giant Alibaba, speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019. Philippe Lopez | AFP | Getty Images Jack Ma, the founder of Alibaba Group, topped the Forbes China Rich List for the second year running in 2019. Ma, who stepped
Rory Gamble, acting president of the United Auto Workers, speaks with CNBC at the union’s temporary headquarters in metro Detroit on Nov. 6, 2019. Michael Wayland / CNBC DETROIT – Rory Gamble, acting president of the United Auto Workers, is concerned that an ongoing federal corruption probe into the union could lead to a RICO
[embedded content] [The stream is slated to start at 9:35 a.m. ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dennis Muilenburg is slated to speak Wednesday at The New York Times DealBook Conference in New York. The aerospace and jet executive is expected to discuss
CNBC’s Jim Cramer breaks down why Wall Street is turning down some high-growth stocks in lieu of other value stocks. The “Mad Money” host sits down with FireEye CEO Kevin Mandia to get insight into what role cybersecurity will play in the 2020 election. Later in the show he takes a look at three high-yield
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Bronte Wittpenn | Bloomberg | Getty Images SAN FRANCISCO — In a conversation with the top U.S. Air Force officer on space
Boeing can handle the settlements it’s likely to pay to airlines over the forced grounding of its 737 Max jet, the company’s new chairman told CNBC on Tuesday. “There’s no question there will be a fair number of settlements,” said David Calhoun, a Blackstone executive and longtime Boeing board member. “Our company and our balance
To be a successful entrepreneur, they say you’ve got to have passion. That’s something Su Jin Lee had in spades when he started his business. After all, he was going after an industry built on that stuff. Lee is the founder of Yanolja, an online accommodation bookings platform that has reinvigorated South Korea’s once dying
A TikTok logo is seen on a mobile device in Mountain View, California on November 2, 2019 as a photo illustration. Yichuan Cao | NurPhoto | Getty Images TikTok lets its millions of users record 15-second clips to trendy tunes. It has caught on with theatrical millennials and helped turn Lil Nas’ “Old Town Road”
Amazon CEO Jeff Bezos (l) and Doug McMillon, CEO of Walmart. Getty Images | CNBC Less shopping is happening on Amazon, and consumers are favoring Walmart, according to a new survey. The frequency of people buying items on Amazon six times or more per month has dropped to 40% this year from 80% in 2017, according
Activists marched to the offices of Senators Schumer and Gillibrand in New York City on September 5, 2017; carrying a giant lunchbox filled with messages from constituents that urged them to get Back To Work and Save Our Healthcare. Erik McGregor | LightRocket | Getty Images Wealthy Americans stand to gain from Obamacare’s demise. The
Rolls-Royce Cullinan Source: Rolls-Royce Rolls-Royce, Bentley, Lamborghini and Maserati have long histories of building high-end, exclusive cars for wealthy clients. All four, though, have introduced SUVs in recent years to help claim their share of the rapidly expanding market. It’s working. The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati Levante have all been triumphant
UAW President Gary Jones will take a leave of absence effective Sunday after a vote by the union’s executive board. “The UAW is fighting tooth and nail to ensure our members have a brighter future. I do not want anything to distract from the mission. I want to do what’s best for the members of
Farmer walks through his soy fields in Harvard, Illinois. Nova Safo | AFP | Getty Images Farm bankruptcies in September surged 24% amid a perfect storm created by President Donald Trump’s trade war with China and Europe, slumping commodity prices, and a year of unfavorable weather. This August, the USDA reported that more than 19.4
Google hired David Feinberg from Geisinger Health, a system of hospitals based in Pennsylvania, toward the end of 2018 and put him in charge of a newly created division called Google Health. But the company has remained quiet about the division’s scope and goals. Now he’s beginning to talk publicly about his plans, and appeared