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.

Watch: White House briefs press after DNC sues Trump campaign and Russia

8 min 16 sec ago
The DNC's lawsuit alleges a conspiracy between Trump's campaign, Wikileaks and Russia during the 2016 election.

Ex-Mexican President Vicente Fox: The idea of a border wall is 'stupidity out of the mind of Trump'

13 min 16 sec ago
"America has been great always. It will be great forever. It doesn't need Trump," Fox says.

Watch tech hedge fund manager and former Facebook exec Palihapitiya reveal his latest play

19 min 16 sec ago
Tech hedge fund manager and former Facebook exec Chamath Palihapitiya reveals his latest play from the Sohn Conference in New York.

Old labels fail to describe the players that are shaping the health-care industry

32 min 16 sec ago
Many of the new models are predicated on cutting out the middle men to bring down costs.

Apple could head toward bear market as it faces more than just iPhone worries

46 min 16 sec ago
Apple's had a rotten few days, and one market watcher sees more trouble ahead for the world's largest company.

Hedge fund managers at Sohn offer their top market picks

47 min 16 sec ago
The annual Sohn conference brings together some of the top hedge fund managers and investors in the world to talk about their top market picks.

Congress should act quickly to fix Dodd-Frank's 'overcorrections'

57 min 16 sec ago
Congress should reconcile House and Senate bills reforming the Dodd-Frank Act now, says Beau Brunson.

Artificial sweeteners can still lead to obesity and diabetes, study claims

58 min 16 sec ago
According to a new study found that despite the addition non-caloric artificial sweeteners to everyday diets, there has still been a drastic rise in obesity and diabetes, USA Today reports.

A former top Wall Street regulator turns to the blockchain

1 hour 1 min ago
Gary Gensler, who once led the Commodity Futures Trading Commission, has joined M.I.T., where he is warning about potential problems for virtual currencies, the New York Times reports.

The 10 cities where women are the most successful

1 hour 3 min ago
These are the places where women thrive.

President Trump targets migrant 'caravan' in his latest demand for a southern border wall

1 hour 9 min ago
The first migrants from a caravan that sparked criticism from President Donald Trump have made their way to the U.S. border.

Support from a key red state Democrat all but assures Mike Pompeo will become secretary of State

1 hour 12 min ago
Manchin is the second Senate Democrat to announce his support for Pompeo, joining Heidi Heitkamp of North Dakota.

Cardi B. is obsessed with FDR — here's why

1 hour 23 min ago
"He's the real 'Make America Great Again'" president, she says.

Here's how much the average family has saved for retirement at every age

1 hour 31 min ago
The EPI breaks down how much Americans have put away.

Saudi says missiles launched at Aramco facility by Houthis were intercepted

1 hour 31 min ago
Two ballistic missiles fired at a Saudi Aramco facility by Yemen's Houthis were intercepted.

Goldman Sachs makes first hire in cryptocurrency markets unit

1 hour 34 min ago
The Wall Street giant enlisted Justin Schmidt, a former trader, to be the first head of digital asset markets in Goldman's securities division.

Amazon wouldn't have happened if it weren't for Bernie Madoff

1 hour 39 min ago
Jeff Bezos would never have founded the e-commerce giant if Madoff hadn't been kicking his ass

Here's what Amazon CEO Jeff Bezos said when he visited Dallas

1 hour 40 min ago
Jeff Bezos visited Dallas to shed light on his business success, but not where he plans to build his second headquarters.

Dozens of customers have had their money stolen through online-payment system Zelle

1 hour 42 min ago
Zelle, the banks' answer to Venmo, is flourishing. But so are fraudsters, who are exploiting weaknesses in the banks' security, the New York Times reports.

This easy step works for lowering credit card fees

1 hour 46 min ago
There's more room to negotiate than you think when it comes to credit card fees, interest rates and limits.

'The United States would be better off when Bill Ackman is gone' — Behind the investor's epic battle with Herbalife, Icahn

1 hour 54 min ago
In this excerpt from his new book, Scott Wapner takes you inside one of the biggest battles Wall Street has ever seen.

European Commission announces 'in-depth investigation' into Apple's Shazam deal

1 hour 56 min ago
"Our investigation aims to ensure that music fans will continue to enjoy attractive music streaming offers," Commissioner Margrethe Vestager said.

Colleges can make a fortune from saying 'no' to applicants

1 hour 56 min ago
How much does your school make?

Early investor in Tesla, Skype and Hotmail says bitcoin will be bigger than all those combined

1 hour 57 min ago
Early internet investor Tim Draper says bitcoin will be bigger than his early investments in Tesla, Hotmail and Skype combined.

JetBlue is planning to sell seats on semi-private flights

2 hours 8 min ago
JetBlue has formed a code-sharing agreement with a small semi-private jet company it's invested in called JetSuite.

Jeff Bezos once said he has Bernie Madoff to thank for his e-commerce empire

2 hours 13 min ago
The Amazon founder and CEO left his job at a New York-based hedge fund in 1994 and set out to sell books online, driven off Wall Street in part by competition from Madoff.

Netflix paid CEO Reed Hastings $24.4 million last year

2 hours 25 min ago
Ted Sarandos, chief content officer, made $22.4 million, up from $18.9 million the prior year.

It could pay to start booking your summer vacation this week

2 hours 31 min ago
Fare-tracking site Hipmunk expects domestic summer airfares to be at bargain levels this week.

Japan will reach 2% inflation target and can begin reducing stimulus in five years, BOJ's Kuroda says

2 hours 32 min ago
The Bank of Japan will be able to begin winding down its extraordinary monetary stimulus in the next five years, Governor Haruhiko Kuroda said over the weekend.

Exxon Mobil upgraded as Raymond James anticipates the return of share buybacks

2 hours 42 min ago
Raymond James upgraded shares of Exxon Mobil from "underperform" to "market perform" on Monday.

Humana, PE firms to buy hospice operator Curo Health for $1.4 billion

2 hours 51 min ago
Humana is teaming up with two private equity firms to buy privately held Curo Health Services for about $1.4 billion, making it the largest hospice operator in the United States.

Fashion brands aren't giving information about supply chains, five years after Bangladesh disaster

3 hours 3 min ago
More companies are open about their supply chains but change is needed according to the Fashion Transparency Index.

US existing home sales post 2-month growth streak in March, but remain below year-ago levels

3 hours 7 min ago
The second straight month of growth suggests that buyers are unfazed by the shrinking number of available properties.

Alcoa shares dive 12% after US reconsiders penalties against Russian competitor

3 hours 10 min ago
Its stock fell after the department said it would give Americans until October to wind down transactions with Rusal.

You can get rid of your unused medications at these drugstores

3 hours 11 min ago
Drugstore chains Walgreens and CVS Health are adding kiosks in some of their stores to make it easier.

Newell Brands ends proxy fight with Starboard

3 hours 11 min ago
Newell Brands agreed to add three independent directors to its board ending a months-long proxy fight with Starboard.

Tony Robbins: Here's what it means to be rich

3 hours 13 min ago
"Abundance is a mindset, not a dollar amount."

Here are the stock picks from the rising hedge fund stars at Sohn

3 hours 19 min ago
Here are the top investment ideas from the "Next Wave" panel at the Sohn Investment Conference in New York.

Reddit co-founder on tech screen time: Serena Williams and I want our daughter 'to be bored'

3 hours 20 min ago
"It's really important that she gets time to be with her thoughts and ... toys," Reddit's Alexis Ohanian says.

Apple opens slightly up after Friday's plunge

3 hours 34 min ago
An opening price below $169 still marks a year-to-date decline for Apple, though.

Bitcoin extends post-Tax Day rebound to $9,000

3 hours 35 min ago
The price of bitcoin rose above $9,000 over the weekend as the cryptocurrency extended post-Tax Day gains.

Here's why a Roth IRA makes sense for millennials

3 hours 36 min ago
Starting to save for retirement can seem daunting. Here's the best way to do it.

Elaine Wynn asks shareholders to oust board member

3 hours 39 min ago
Elaine Wynn, co-founder of Wynn Resorts, is seeking to remove company director John Hagenbuch who is overseeing an internal investigation into sexual misconduct allegations.

US grants more time to wind down business with Rusal

3 hours 39 min ago
Americans engaged with United Company Rusal have until Oct. 23 to wind down their business amid U.S. sanctions.

Facebook explains how it uses your personal info

3 hours 43 min ago
Facebook's vice president of ads Rob Goldman explained why Facebook needs information on its users.

IRAs for millennials

3 hours 53 min ago
Financial advisor Winnie Sun, founder of Sun Group Wealth Partners, talks up Roth IRAs as a great way for millennials to start retirement saving.

The market is now pricing in almost a 50/50 chance of four rate hikes this year

4 hours 16 sec ago
The fed funds futures market gave almost a 50 percent probability that the central bank would move four times in 2018.

Pizza Hut aims to put its stamp on the NFL starting with the 2018 draft

4 hours 8 min ago
Pizza Hut is gearing up for its first big promotion as the official pizza sponsor of the National Football League.

Lululemon, a huge winner this year, is downgraded as sales growth set to slow in second half

4 hours 9 min ago
Lululemon was downgraded to hold from buy at Needham on Monday as the company will faces tough year-over-year comparisons moving forward.

Believing these Social Security myths could make you poorer in retirement

4 hours 12 min ago
Misunderstanding these aspects of Social Security could cause you to miss out on the most money.

Amazon is reportedly building personal robots which will roll out next year

4 hours 18 min ago
Amazon is reportedly building smart home robots, the next step in its obsession to enter our homes.

Under Armour upgraded by Deutsche Bank amid 'rapidly growing' overseas business

4 hours 19 min ago
Under Armour's "robust" international growth should help the athletic apparel retailer reach attainable earnings goals, according to Deutsche Bank.

Woman is fined $500 for bringing a Delta in-flight snack through Customs

4 hours 30 min ago
A woman who saved the in-flight apple she got on a Delta Air Lines flight says she was fined $500 after passing through U.S. Customs and Border Patrol with the fruit in her bag, USA Today reported.

ESL Investments, Sears CEO Eddie Lampert's hedge fund, proposes to buy some of Sears' assets

4 hours 37 min ago
The hedge fund led by the CEO of Sears Holdings Eddie Lampert has made a proposal to buy some of the retailer's assets.

Caterpillar shares rise after Citi upgrades, citing a construction rebound in China

4 hours 44 min ago
Citi upgrades Caterpillar, noting it will benefit from improvements in the Chinese construction sector.

Trump vs. OPEC: Oil traders must now 'rigorously check' Twitter to monitor simmering feud

4 hours 52 min ago
Oil traders must become especially attentive to Trump's Twitter feed over the coming weeks, an analyst said Monday.

Trump and Macron share strong bonds, but the French president has the clear edge on economic reform

5 hours 9 min ago
Both cut taxes on corporations and the wealthy. But only Macron did so as part of a balanced program for global competition.

It's worth a checkup to see if your portfolio can withstand a US trade war with China

5 hours 10 min ago
The threatened tariffs on Chinese goods may hurt portfolios, but don't dump China investments just yet.

Verizon shares rise after Barclays upgrades the stock and calls it cheap

5 hours 15 min ago
Verizon shares should outperform the market in 2018 thanks to "any number of factors," Barclays wrote Monday.

Kanye West thanks Elon Musk and says that his Tesla is the 'funnest' car he has ever driven

5 hours 21 min ago
"I really love my Tesla. I'm in the future. Thank you Elon," kanye West said in one tweet.

There’s something about this Amazon chart that makes Piper Jaffray nervous ahead of earnings

5 hours 28 min ago
Craig Johnson, chief market technician at Piper Jaffray, says this Amazon chart makes him nervous.

The 10-year Treasury yield could be about to hit 3 percent — here’s why this matters

5 hours 37 min ago
All eyes are on the U.S. 10-year Treasury yield on Monday as it could imminently hit the 3 percent threshold.

The bull case for the market's worst group of stocks this year

5 hours 38 min ago
Consumer staples stocks are so bad, they're good, Chad Morganlander of Washington Crossing Advisors says.

Hasbro shares nose-dive after lackluster earnings report; company blames Toys R Us liquidation

5 hours 52 min ago
Hasbro shares crater after lackluster earnings report; company blames the Toys R Us liquidation for disappointing sales.

US gas and electric utility CenterPoint Energy to buy rival Vectren in $6 billion deal

6 hours 4 min ago
U.S. gas and electric utility Centerpoint Energy said it would buy rival Vectren for about $6 billion to diversify its customer base and give it more scale.

Halliburton revenue jumps 34%

6 hours 10 min ago
Halliburton reported a 34 percent jump in first-quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.

Cryptocurrency firm Coinbase suspends Wikileaks' bitcoin account

6 hours 19 min ago
Wikileaks posted a tweet showing a message it had received from Coinbase, saying that it was "in violation" of the cryptocurrency firm's terms of service.

Henry Schein to spin off, merge its animal health business with start-up

6 hours 47 min ago
Henry Schein is spinning off its animal health business and merging it with Vets First Choice to form a new company.

Fresenius pulls out of Akorn takeover over data integrity

6 hours 59 min ago
German health-care group Fresenius said it had decided to pull out of its planned acquisition of Akorn after it found data integrity breaches at the U.S. generic drugmaker.

Southwest cancels about 40 flights for engine inspections

7 hours 5 min ago
Southwest Airlines said it canceled about 40 flights on Sunday, or 1 percent of those scheduled, as it inspects engines after last weeks deadly accident in Pennsylvania.

South Korea silences propaganda broadcasts to the North as summit looms

7 hours 9 min ago
South Korea has stopped blaring music and other propaganda via loudspeakers along the border with North Korea.

Michael Bloomberg: I'm sending a $4.5 million check to help fund Paris climate deal

7 hours 19 min ago
Former Mayor of New York City makes commitment to provide money for historic climate deal.

Secretary of state nominee Mike Pompeo is facing rare opposition from Senate panel

7 hours 20 min ago
President Donald Trump's nominee for secretary of state, Mike Pompeo, is facing serious opposition before the Senate Foreign Relations Committee.

Waffle House suspect is still on the run; Tennessee residents are on alert

7 hours 34 min ago
An intensive manhunt continues for the suspect in a Waffle House restaurant shooting that killed four people.

Trump, Macron to face differences on Iran, trade, as French visit begins

7 hours 45 min ago
U.S. President Donald Trump welcomes French President Emmanuel Macron to the White House on Monday to kick off a three-day state visit.

US 10-year Treasury yield jumps to 2.99% as investors bet on inflation, more Fed hikes

7 hours 51 min ago
U.S. government debt prices extended losses on Monday.

World stocks stumble as US Treasury yields near 3%

7 hours 59 min ago
World stocks slipped on Monday as investors braced for a blizzard of earnings from the world's largest firms.

Paris attacks suspect gets 20-year sentence in Brussels trial

8 hours 14 min ago
A Belgian judge on Monday sentenced Salah Abdeslam, the prime surviving suspect in the 2015 Paris attacks, to 20 years in prison over a shootout with police in Brussels in 2016.

Germany's socialists elect first ever female leader and vow to re-engage with voters

9 hours 11 min ago
Germany's Social Democratic Party (SPD) made history by electing its first ever female leader, but now the hard work must begin to reunite a party punished in the last election.

UK Prince William's wife Kate taken to hospital to give birth to third child

9 hours 22 min ago
Kate, the wife of Prince William, was admitted to hospital on Monday to give birth to the couple's third child and the latest member of Britain's royal family.

Mexico fully expects to reach a consensus on NAFTA trade deal

9 hours 51 min ago
Mexico believes it is on the brink of agreeing to the modernization of the North American Free Trade Agreement (NAFTA).

Shania Twain apologizes for saying she would have voted for Trump

9 hours 53 min ago
Shania Twain has apologized for saying if she were American she would have voted for Donald Trump for president, even though he's offensive.

Iran reportedly bans the use of cryptocurrencies

10 hours 6 min ago
An Iranian newspaper says the country's Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to "prevent crimes such as money laundering and terrorism."

The yen will weaken because the global economy is growing, says strategist

10 hours 44 min ago
"We don't expect much yen strength even in the context of a weaker dollar," Eric Robertsen told CNBC's Capital Connection on Monday.

‘People will revolt’: Russian workers call on Moscow to save factories hit by US sanctions

11 hours 30 min ago
Workers say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminium giant Rusal.

Kim Jong Un is 'stealing pages from his daddy's book': Experts say North Korea won't give up nukes

11 hours 37 min ago
North Korea isn't seen giving up the nuclear capability it's already attained, multiple strategists told CNBC.

OPEC is acting with 'noble goal' of rescuing the oil market, says organization's president

11 hours 47 min ago
UAE's energy minister Suhail Al Mazrouei rejected criticisms that the organization is artificially inflating oil prices.

UBS delivers earnings beat with a boost from its investment banking unit

12 hours 16 sec ago
UBS beat market expectations with a 19 percent jump in net profit for its first quarter, boosted by strong equity trading activity.

At war with Alibaba: Top brands fight China e-commerce giant

12 hours 1 min ago
A U.S. clothing company saw sales plummet after the company refused to sign an exclusive contract with Alibaba.

Amid Brexit and rising populism — there’s a country that’s still desperate to join the euro

12 hours 13 min ago
The eastern European nation of Bulgaria has provided the EU with some much-needed confidence.

Xi Jinping has to back up his words with actions to avoid a trade war: Canada's ambassador to China

12 hours 14 min ago
Xi Jinping has to back up his words with actions if he wants to avoid a trade war, Canada's ambassador to China says.

G7 foreign ministers are united in opposing Russia's 'malign' behavior: US official

14 hours 6 min ago
While opposing Russia's behavior, they were also open to dialogue with Moscow, a senior U.S. official said.

China opposes all forms of protectionism, its commerce minister says

14 hours 30 min ago
China will firmly safeguard the world's multilateral trading system, its commerce minister wrote on Monday.

Tell us what you think: Which sector are you banking on to outperform this earnings season?

14 hours 41 min ago
Around one third of S&P 500 companies is slated to report first-quarter results this week.

Australia's regulator is scrutinizing Uber Eats, with restaurant owners unhappy over contract terms

14 hours 55 min ago
Several restaurateurs are unhappy with contract terms they said left them, not Uber, responsible for late deliveries.