Maintenance workers cover the engine of an American Airlines Group Boeing 737 Max plane at Tulsa International Airport (TUL) in Tulsa, Oklahoma, May 14, 2019. Patrick T. Fallon | Bloomberg | Getty Images American Airlines pulled the Boeing 737 Max from its schedules until mid-January, delaying its return longer than any U.S. airline, as the
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Siu Rui Quek had always been entrepreneurial. As a teen, he would fuel his passion for technology and earn extra cash buying and selling gadgets online. But it was a lesson learned in his early twenties from enterprising icons Mark Zuckerberg and Jack Dorsey that set him on course for the big times. That lesson?
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images An ongoing spat between the NBA and China could end up hurting Nike, which has ties to both the basketball organization and the region. Greater China,
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 18, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers’ strike against General Motors, now in its 23rd day, has brought the majority of the automaker’s North American production to a standstill and prompted it to furlough
CNBC’s Jim Cramer tells viewers not to panic because the U.S. economy can rebound from the current slowdown. The “Mad Money” host breaks down Costco’s recent quarter and explains why the stock managed to rally, despite mixed results. Later in the show he goes over Six Flags’ rejected $4 billion bid for Cedar Fairs and
US Representative Raja Krishnamoorthi, Democrat of Illinois, looks as Acting Director of National Intelligence Joseph Maguire arrives to testify before a hearing of the House Permanent Select Committee on Intelligence on September 26, 2019, in Washington, DC. Andrew Caballero-Reynolds | AFP | Getty Images Rep. Raja Krishnamoorthi, D-Ill., is introducing a bill that would cap
Joaquin Phoenix portrays Arthur Fleck in Warner Bros. “Joker.” Warner Bros. The contentious inclusion of a song by convicted pedophile Gary Glitter in “Joker” has sparked a wave of criticism from moviegoers, with many concerned the disgraced former glam rock singer will be entitled to lucrative music royalties. The R-rated comic book movie smashed box
The 2019 Dodge Challenger SRT Hellcat Redeye Mack Hogan | CNBC As General Motors and Ford push to make their muscle cars leaner, meaner and more agile, Fiat Chrysler has taken a different route. To hell with new chassis and lighter weights, the solution is simple: add power. That’s how we got here, to a
Joaquin Phoenix portrays Arthur Fleck in Warner Bros. “Joker.” Warner Bros. Warner Bros. certainly has something to smile about this weekend. “Joker” hauled in $93.5 million in its opening weekend, the highest debut for a film released in October in cinematic history. “Venom,” a film about the origins of the Spider-Man villain of the same
Jeffrey Coolidge | The Image Bank | Getty Images Stones Gambling Hall in Sacramento, California says it will not livestream poker games pending an investigation into cheating allegations made against one of the game’s players, Mike Postle. Postle has been a regular on “Stones Live,” a live poker game streamed on Twitch. His success in
David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images Hedge fund manager David Tepper will continue to manage money for 15 investors and return the rest of Appaloosa Management‘s outside capital as he begins to convert it into a family office, Bloomberg reported Saturday. His firm will begin to return money to clients at the
It seems like every year, pro athletes in the NFL, NBA and MLB are signing new record-breaking contracts every season. But not all players are landing headline-worthy deals, and there are pretty sizable gaps in average player compensation across the three leagues. Toronto Raptors guard Kyle Lowry (7) kisses the trophy after the Toronto Raptors
CNBC’s Jim Cramer gives viewers a preview of his schedule for the week ahead, with a few earnings reports and U.S.-China trade news taking center focus. The “Mad Money” host gave investors his blessing to start a position in Clorox and buy shares incrementally, but warns not to expect the stock price to rebound in
Nike: “I think it goes higher, why? Because they had one of the best quarters that I have seen in ages. And my congratulations to [CEO] Mark Parker, who will not come on this show and it’s beginning to really break my heart.” Huami Corp.: “There’s only one device company in the whole wide world that’s worth
A cosplayer dressed as The Joker attends the New York Comic Con at Jacob K. Javits Convention Center on October 03, 2019 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images It’s a rainy October morning, barely past 9 a.m. in New York City, and already there is a line stretching
An Indian-operated SpiceJet Boeing 737-800 aircraft (foreground) takes off. Indranil Mukherjee | AFP | Getty Images NEW DELHI — India needs to fix structural issues in its aviation market that keep operating costs high for domestic airlines, a top industry leader told CNBC. Aviation has a bright future in the country but carriers are struggling
A woman smokes an E-Cigarette at Digital Ciggz in San Rafael, California. Justin Sullivan | Getty Images The number of cases of a deadly vaping illness continues to rise “at a brisk pace” with 18 confirmed deaths and more than 1,000 cases in almost every state across the U.S., according to the Centers for Disease
Getty Images More than a third of female entrepreneurs experience gender bias when trying to raise capital for their business, according to research by HSBC. In a report published Tuesday, the bank said British and American women experienced the most bias while seeking investment when compared to their international counterparts. HSBC surveyed more than 1,200
CNBC’s Jim Cramer on Wednesday urged investors to wait for the market to sell-off more before scooping up stocks. The “Mad Money” host did, however, offer a few stocks that are safe to build position in, such as Frank’s Red Hot-parent McCormick. Later in the show, he checks in with payroll provider Paychex CEO Marty
Andy Ramkumar, who works at Gotham Vape in Queens, vapes at the store on September 17, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Doctors researching the cause of a sudden respiratory illness that’s killed at least 16 people in the U.S. since July say a mix of “toxic