CNBC

Toys R Us built a kingdom and the world's biggest toy store. Then, they lost it.

Sat, 01/26/2019 - 06:00
The retailer failed to keep pace with changes, losing touch with shoppers and toymakers.

Chinese firm touting 'innovative' software to beat US rivals is found using parts of Google's code

20 min 7 sec ago
Redcore, a Chinese start-up, created a web browser it claimed had "independent intellectual property rights," but was found to contain traces of Google Chrome. 

Starboard reportedly buys 5.8% stake in Symantec and seeks 5 board seats

39 min 7 sec ago
Activist investor Starboard Value has taken a 5.8 percent stake in Symantec and is seeking five board seats at the cybersecurity company.

Italy enters blame game after bridge collapse killed dozens

40 min 7 sec ago
The country's political parties have apportioned blame for the disaster to, variously, previous governments, the European Union, the road management company and even the Mafia.

Turkey’s currency crisis ‘has further to go,’ investment chief warns

1 hour 45 min ago
With no sign of de-escalation in its tariff spat with the U.S. and the absence of a comprehensive plan to address key economic weaknesses, risk remains extremely high. And Qatar's $15 billion investment package may be a mere band-aid. 

Elon Musk's Boring Company proposes building a tunnel to Dodger Stadium

2 hours 7 sec ago
This could be the solution to the constant traffic problems baseball fans have attending Los Angeles Dodgers games.

Amazon is reportedly considering an insurance comparison website for the UK

2 hours 39 min ago
Amazon is speaking to insurers about whether they could contribute products to the price comparison site, Reuters reported.

New Zealand bans most foreigners from buying homes

4 hours 52 min ago
New Zealand's government on Wednesday passed legislation that allows only New Zealand residents to buy homes.  

Australian senator's call for Muslim ban is an outlier opinion in the country

5 hours 22 min ago
Delivering his first-ever address to parliament on Tuesday, Australian Senator Fraser Anning advocated a return to the "White Australia" policy, which existed in the country for most of the 1900s before being abolished in 1973.

Turkey must commit to promoting stability amid market volatility, IMF says

5 hours 56 min ago
Turkey needs to commit to sound economic policies in order to ensure stability and reduce imbalances at a time of market volatility, an IMF spokesperson said.

China's Tencent falls 3% after disappointing earnings and scrutiny from Chinese regulators

6 hours 6 min ago
Analysts say the company has a proven track record of dealing with Chinese regulatory authorities and will likely get approval for its games eventually.

Donald Trump goes on Twitter rampage against the governor of his home state

7 hours 18 min ago
U.S. President Donald Trump said on Twitter that the New York governor was having "a total meltdown" when he told a crowd at an event that America "was never that great."

A former librarian blew $89,000 of public money on a mobile game

7 hours 24 min ago
A librarian from Utah used city resources to make in-app purchases in Game of War, the Herald Journal reported.

Hong Kong politician: Trump should target us in trade war with China

7 hours 43 min ago
A controversial Hong Kong politician who advocates independence called for the U.S. to open a new front in its trade war with China. Analysts say it is unlikely to happen — even accounting for Trump's willingness to break longstanding norms.

US and China are preparing for a new round of trade talks, Beijing says

8 hours 4 min ago
A Chinese delegation will travel to the United States for trade talks in late August, China's Ministry of Commerce said on Thursday.

Japan's Toyota lays foundation to ramp up sales in Chinese port city

9 hours 6 min ago
Toyota Motor is likely to make 120,000 more cars a year in the Chinese port city of Tianjin as part of a medium-term strategy that's gathering pace as China-Japan ties improve.

Asian shares set to decline after Wall Street falls on tech losses

10 hours 33 min ago
Asian shares were set to decline, taking cues from losses on Wall Street after Chinese internet giant Tencent reported a fall in quarterly profit.

Cramer Remix: The bull market is still alive and kicking

11 hours 22 min ago
Jim Cramer explains why the stock shortage gives this bull market a real edge.

Competitors won't 'let Constellation control' cannabis, says Jon Taffer of 'Bar Rescue'

11 hours 23 min ago
Major players in the beverage industry will follow Constellation Brands into the cannabis industry, "Bar Rescue" host Jon Taffer told CNBC on Wednesday.

Cramer: Post Holdings' portfolio gives stock 'room to run'

11 hours 47 min ago
Jim Cramer says Post Holdings' spin-off of its private label division and smart acquisitions have shown that the company knows how to unlock value.

Sen. Elizabeth Warren: Trade deals help companies, not workers

11 hours 58 min ago
Jim Cramer sits down with Sen. Elizabeth Warren to discuss her new bill, the Accountable Capitalism Act, and also hear her views on U.S. trade policies.

Cramer: Global sell-off isn't 'as special as it seems'

12 hours 12 min ago
Jim Cramer explains how the global sell-off is related to Turkey, China and Macy's and why it isn't as big of a deal as investors might think. 

Tesla whistleblower tweets details about allegedly flawed cars, scrapped parts

12 hours 15 min ago
Tesla whistleblower Martin Tripp is tweeting internal emails, photos and vehicle identification numbers that he says are evidence of deeply flawed manufacturing practices at Tesla's battery factory.

The heat is on for 4 more years: Extreme temperatures expected through 2022

Wed, 08/15/2018 - 23:45
Scientists predict that the rest of 2018 through 2022 may be warmer than expected around the world as human-caused global warming and natural factors combine to heat the planet, USA Today reports. 

Stocks making the biggest moves after hours: CSCO, NTAP & more

Wed, 08/15/2018 - 23:37
See which stocks are posting big moves after the bell.

Walmart is one of the worst-performing Dow stocks this year, and now could be the perfect time to buy

Wed, 08/15/2018 - 23:16
Walmart is gearing up for its quarterly earnings report before the bell on Thursday, and despite its dramatic underperformance this year, one market strategist says the stock is a buy.

Best Buy to buy health services company GreatCall for $800 million

Wed, 08/15/2018 - 23:13
Best Buy said on Wednesday it would buy health services provider GreatCall Inc for $800 mln in cash, adding a clutch of products tailored for aging consumers.

Ex-SEC chair: Commission won't punish Musk over his personality

Wed, 08/15/2018 - 22:55
If the Securities and Exchange Commission punishes Tesla, it won't be for founder Elon Musk's big personality, former SEC chair Harvey Pitt told CNBC on Wednesday.

Cisco rises on strong earnings

Wed, 08/15/2018 - 22:44
Cisco reported better-than-expected fiscal fourth-quarter earnings, along with strong guidance.

Here are the charges former Trump campaign boss Paul Manafort faces as his case goes to the jury

Wed, 08/15/2018 - 22:39
Manafort is charged with 18 counts lodged by prosecutors from special counsel Robert Mueller's team, which is investigating Russia's attack on the 2016 U.S. presidential election.

Markets await a Trump tweet as China's currency gets weaker and dollar gets stronger

Wed, 08/15/2018 - 22:23
The dollar has been strengthening so much that some market pros are wondering when the White House will start tweeting about it.

5 'Crazy Rich Asians' stars reveal their favorite crazy rich experiences in Singapore

Wed, 08/15/2018 - 22:20
CNBC Make It spoke to five Singapore-based movie cast members who each revealed their favorite "crazy rich" experiences in Singapore.

Twitter suspends InfoWars account one day after suspending Alex Jones

Wed, 08/15/2018 - 22:13
Twitter said on Wednesday that it has suspended the official Twitter account of InfoWars for violating its terms.

Homebuilder and construction stocks enter bear market

Wed, 08/15/2018 - 21:59
Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment.

Warren's Accountable Capitalism Act is 'seriously misguided,' economics professor says

Wed, 08/15/2018 - 21:42
Sen. Elizabeth Warren's corporate responsibility bill will help destroy capitalism, Harvard University economics professor Jeffrey Miron told CNBC on Wednesday. 

Riot Blockchain reveals SEC investigation could lead to order blocking share sales

Wed, 08/15/2018 - 21:36
The investigation could result in a stop order preventing the company and shareholders from selling shares.

Trump is preparing to expand 'Buy American' rules to include government infrastructure projects

Wed, 08/15/2018 - 21:32
The release of the order would conclude a contentious process that's lasted more than six months in which multiple federal agencies and offices raised concerns about the potential purview of the order.

Ten experts debate bitcoin's recent declines and the future of cryptocurrency

Wed, 08/15/2018 - 21:16
How cryptocurrency experts reacted to the recent decline of bitcoin.

Trump might get his slowdown in rate hikes, but for the wrong reason

Wed, 08/15/2018 - 21:08
Among the unintended consequences from President Donald Trump's trade war is that it could cause the Federal Reserve to slow the pace of its interest rate hikes, but for the wrong reasons.

Uber's revenue and bookings growth slowed slightly in the second quarter of 2018, company reports

Wed, 08/15/2018 - 21:00
Uber told CNBC it had gross bookings of $12 billion in Q2, up 41 percent since the same quarter last year, and net revenue of $2.7 billion, up 51 percent year-over-year. Those growth rates are slower than they were in Q1.

Trump revokes former CIA Director John Brennan's security clearance

Wed, 08/15/2018 - 20:36
The move targets one of President Donald Trump's most vocal critics. 

How to finally stop procrastinating forever

Wed, 08/15/2018 - 20:24
Even lifelong procrastinators can overcome decades of bad habits with the right strategies.

SEC action against Musk 'substantially likely,' a former commissioner says

Wed, 08/15/2018 - 20:13
Elon Musk's social media outbursts could land him in some uncomfortably hot water, according to Laura Unger, a former SEC commissioner and the agency's acting chairman under President George W. Bush.

Rob Gronkowski, who hasn't touched his NFL money in 8 years, finally splurged on his first 'luxury'

Wed, 08/15/2018 - 20:10
"I've gotta finally treat myself," he realized. "It's been eight years."

Paris installs completely exposed urinals near popular tourist spots

Wed, 08/15/2018 - 20:02
Paris has installed bright red public urinals, called "uritrottoirs," right on the sidewalk in popular tourist areas as a an eco-friendly solution to public urination, USA Today reports.  

Watch: White House briefs press after press sec 'can't guarantee' Trump never used N-word on tape

Wed, 08/15/2018 - 19:50
"I can't guarantee anything," Sanders said in the White House press room on Tuesday. "But I can tell you that the president addressed this question directly, I can tell you that I've never heard it."

Sen. Elizabeth Warren wants the federal government to have more oversight of big companies

Wed, 08/15/2018 - 19:44
Corporate America is focusing too much on getting shareholders rich, so the government needs to intervene to hold businesses accountable, says Sen. Elizabeth Warren.

Twitter CEO: 'I don't know' if ban will change Alex Jones' behavior

Wed, 08/15/2018 - 19:39
Alex Jones was banned for seven days from Twitter after he called on people to take up arms, CEO Jack Dorsey said. Twitter had previously defended its decision to keep Jones on its platform, saying he hadn't violated its rules.

Tesla shareholders face possible capital gains tax bill if company goes private

Wed, 08/15/2018 - 19:38
Shareholders would likely have to sell existing shares and then buy into a fund if they want to remain invested. Any profit from the sale would generate a capital gains tax.

3 myths about what affects your credit score that FICO wants to clear up for you

Wed, 08/15/2018 - 19:32
A VP at FICO sheds some light on what does and does not affect your credit.

Macy’s is getting crushed, but the retail rally isn’t over yet, according to one top strategist

Wed, 08/15/2018 - 19:30
A Macy's sell-off is a temporary setback on the path to further gains for retail, says one strategist. 

Women feel #blessed and #lucky: Here's why Gabrielle Union hates it

Wed, 08/15/2018 - 19:27
"I wanted to be chosen, and I wanted somebody to see me or see my vision or see my business opportunity as [worthy]," Union says of her early career. But at 45 she realizes, "motherf-----, I'm worthy from birth."

This state is home to the healthiest seniors

Wed, 08/15/2018 - 19:11
Want to retire among the healthiest adults? Pack your sneakers and head to New Hampshire.

These are the top 10 American cities with the youngest business founders

Wed, 08/15/2018 - 18:42
The city with the youngest business founders and the one with the highest percentage of millennial founders in the U.S. are nowhere near Silicon Valley. 

Netflix pays more for TV shows up front, but keeps more upside on big hits, insiders say

Wed, 08/15/2018 - 18:40
To lure TV shows to its platform, Netflix is offering lucrative contracts, then keeping more of the upside if a show takes off. This is making it hard for traditional TV networks to keep pace, while boosting Netflix's revenues long term.

The growth of US soccer is big business

Wed, 08/15/2018 - 18:32
Officials and guests of the New York City Football Club rang the opening bell at the New York Stock Exchange on Wednesday.

Qatar pledges $15 billion investment in Turkey amid crisis

Wed, 08/15/2018 - 18:30
Officials from President Recep Tayyip Erdogan's office said the pledge was made by Sheikh Tamim bin Hamad Al Thani, who met with the Turkish leader Wednesday.

LinkedIn CEO Jeff Weiner reveals how he hires, fires and why he wants you to steal his job

Wed, 08/15/2018 - 18:25
He loves when job candidates say they want to be CEO.

Constellation Brands chief Rob Sands explains the company’s big bet on cannabis

Wed, 08/15/2018 - 18:18
The full interview with Rob Sands.

Two Democrats are poised to become the first Muslim women in Congress

Wed, 08/15/2018 - 18:11
Two Democrats are poised to become the first Muslim women in Congress, offering a stark counterpoint to the anti-Muslim policies and sentiment surfacing across the country. 

2016's National Teacher of the Year could become Connecticut's first black Democrat in Congress

Wed, 08/15/2018 - 18:10
She'll face Republican nominee Manny Santos for the Congressional seat in November. 

Giving up 1 luxury has saved me $1,440 in 18 months

Wed, 08/15/2018 - 18:09
And I don't miss it!

Blackstone's Byron Wien: 'I'm still optimistic' and see Turkey crisis pullbacks as times to buy stocks

Wed, 08/15/2018 - 18:09
Wall Street veteran Byron Wien says he's undeterred by Wednesday's stock market tumble.

JetBlue again tops list of best frequent flyer programs

Wed, 08/15/2018 - 18:08
JetBlue topped the list of frequent flyer programs, according to a J.D. Power & Associates survey published Wednesday.

Tesla shares down more than 4% on worries about potential SEC probe

Wed, 08/15/2018 - 18:02
The SEC has reportedly sent subpoenas to the electric car maker over CEO Elon Musk's comments about taking Tesla private. 

The case for buying gold miners as the group sinks to 20-month lows

Wed, 08/15/2018 - 18:01
Gold is having a dreadful year, as the strengthening U.S. dollar has knocked the dollar-denominated asset down to 18-month lows. But rather than run from the weakness, one investor says now might be the time to buy.

Copper hits lowest level in more than a year, raising a red flag about a possible global economic slowdown

Wed, 08/15/2018 - 17:54
Copper prices hit their lowest levels in 13 months , potentially signaling an economic slowdown is happening around the world.

Banks on alert from FBI about potential 'unlimited' ATM heist worth millions

Wed, 08/15/2018 - 17:51
The FBI has warned banks in the U.S. of an impending cybercrime, a heist called an "ATM cash-out," in which thieves seek to swipe millions of dollars by using cloned ATM cards for fraudulent withdrawals, USA Today reports. 

A Democratic ironworker raising piles of cash aims to turn Paul Ryan's seat blue

Wed, 08/15/2018 - 17:50
Randy Bryce, who won the Wisconsin 1st District Democratic primary on Tuesday, in many ways embodies his party's strategy in pushing to flip red-leaning seats as it tries to take a House majority in November.

Four steps to fight off high medical expenses

Wed, 08/15/2018 - 17:30
Healthcare expenses are high, yet consumers have some tools in the arsenal to combat them. Here's how to deal.

Trump administration targets Chinese and Russian firms over illegal shipments to North Korea

Wed, 08/15/2018 - 17:30
The Treasury Department announced on Wednesday new actions directed at Chinese and Russian firms that it says facilitated illicit shipments on behalf of North Korea.

The WhatsApp founder who left Facebook is still employed, in an apparent move to vest stock

Wed, 08/15/2018 - 17:24
Facebook confirmed to CNBC that Koum is still an employee, despite an April Facebook post in which he said it was time to "move on." 

Former Trump campaign chief Paul Manafort 'lied' and 'lied' for money, Mueller prosecutor argues

Wed, 08/15/2018 - 17:20
Paul Manafort is accused of hiding tens of millions of dollars earned overseas from the IRS, and of committing bank fraud to obtain loans to fund is lavish lifestyle when that income from a pro-Russia political party in Ukraine ran out.

This high school dropout dad cashed in his 401(k) to open a burger joint—now it's bringing in millions

Wed, 08/15/2018 - 17:09
Today, Todd Brooks is a success. He's the owner of Brooks Gourmet Burgers & Dogs, a restaurant that brings in millions and is ranked the No. 2 burger joint in America by TripAdvisor.

There’s still value in select Turkish assets, fund manager says. Here’s where to find it

Wed, 08/15/2018 - 17:08
Risk in Turkish equities remains high while valuations are extremely low, prompting more brazen investors to seek opportunities. Turkey's benchmark BIST 100 Index has fallen 22 percent since the year's start. 

‘Crazy Rich Asians’ star Constance Wu was tens of thousands of dollars in debt before her big break

Wed, 08/15/2018 - 17:08
"I was in tens of thousands of dollars in debt: credit card. Car. Personal. Student loans," said Constance Wu, star of the Warner Bros. movie "Crazy Rich Asians." It's the first major studio movie predominantly starring Asian-Americans in 25 years.

Macy's, JCPenney lead rout in retail stocks as Dow falls

Wed, 08/15/2018 - 17:04
Shares of retailers took a thrashing Wednesday with Macy's and JC Penney leading the pack, tumbling by as much as 14.3 percent and 11 percent, respectively, in early morning trading.

Rising crime? Blame climate change

Wed, 08/15/2018 - 16:55
Hotter temperatures are being blamed for rising crime, according to US News & World report. 

Treasury Department deletes a Trump election retweet that experts say violated an ethics law

Wed, 08/15/2018 - 16:42
Government ethics experts immediately sounded the alarm, suggesting it may have been a violation of the Hatch Act, which prohibits federal employees from engaging in political activity while on the job.

US business inventories edge up in June

Wed, 08/15/2018 - 16:41
U.S. business inventories barely rose in June and the inventory-to-sales ratio fell to more than a 3-1/2-year low, suggesting businesses would need to ramp up the accumulation of stock, which would boost economic growth in the third quarter.

GE falls to 9 year low below $12 per share

Wed, 08/15/2018 - 16:10
General Electric shares fell below $12 per share for the first time since July 24, 2009 on Wednesday.

Here's how a family of 3 gets by in San Francisco without anyone working a job

Wed, 08/15/2018 - 16:05
Sam Dogen of the website Financial Samurai retired at age 34.

Billionaire Richard Branson relied on the ‘Mum test.’ You should, too

Wed, 08/15/2018 - 16:02
It's never been easier to secure the most important thing all business leaders need, according to billionaire Richard Branson.

President Trump's unwavering immigration supporters: Small-business owners

Wed, 08/15/2018 - 16:00
The recent furor over President Trump's immigrant children detention policy didn't change the outlook of a key conservative constituency: small-business owners. The Main Street view on immigration has been remarkably stable in the Trump era.

Homebuilder sentiment falls to the lowest point in almost a year as affordability concerns intensify

Wed, 08/15/2018 - 16:00
While sentiment is still relatively high, builders are increasingly concerned over rising home prices and material costs.

Kleenex and Huggies will be more expensive as parent company raises prices on most products

Wed, 08/15/2018 - 15:58
Kimberly-Clark, the owner of Kleenex and Huggies, is notifying customers in the U.S. and Canada of its plans, as it grapples with rising commodity costs. 

Early Social Security claimers show 'no regrets'

Wed, 08/15/2018 - 15:53
People who claimed early were OK with their choice.

Jurors in Paul Manafort's fraud trial could start deliberating Wednesday after closing arguments

Wed, 08/15/2018 - 15:51
Presiding Judge T.S. Ellis has repeatedly urged attorneys in Manafort's criminal trial to speed their pace and scrap evidence. 

MoviePass parent company lost $100 million in the second quarter

Wed, 08/15/2018 - 15:43
Helios and Matheson Analytics has just $175 million of total assets left on hand. 

Here’s why tech rivals’ logos look so similar

Wed, 08/15/2018 - 15:33
Have you ever wondered why tech companies use blue in their logos? Facebook, Twitter, Samsung, LinkedIn, Intel and IBM all use shades of the color for their entire logos, while Microsoft and Google incorporate it into theirs. 

The way you get TV and internet at home is about to change drastically — for the better

Wed, 08/15/2018 - 15:31
Your home internet and TV experience is about to change drastically with the roll out of 5G.

Semiconductors could plunge into a bear market by year-end, macro expert forecasts

Wed, 08/15/2018 - 15:27
Some market participants are betting on even further downside for Micron, and for the chips more broadly. 

Cryptocurrency investor robbed via his cellphone sues AT&T for $224 million over loss

Wed, 08/15/2018 - 15:22
A U.S. investor filed a $224 million lawsuit against AT&T Wednesday accusing the telecommunications giant of negligence that allegedly caused the California resident to lose roughly $24 million in cryptocurrency.

US industrial output rises modestly, powered by factories

Wed, 08/15/2018 - 15:15
U.S. industrial production was expected to rise 0.3 percent in July, slowing from a 0.6 percent increase reported for the previous month. 

These charts of past currency crises show Turkey may face a lot more pain ahead

Wed, 08/15/2018 - 15:15
The Turkish lira may be set for even more pain despite early attempts by the country's banking regulator to curb investor ability to buy and short the national currency.

Pages

MAGAZINE ADVERTISEMENT

MAGAZINE ADVERTISEMENT