CNBC

Updated: 23 sec ago

US trade chief is expected to discuss China with officials from Japan and EU this week


exactly at 10 min 14 sec ago
U.S. Trade Representative Robert Lighthizer will meet with officials from the European Union and Japan at the ministerial meeting of the Organization for Economic Co-operation and Development (OECD) in Paris.
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US says there are signs Syria may be using chemical weapons, warns of quick response


exactly at 18 min 14 sec ago
The United States sees signs the Syrian government may be using chemical weapons, and warned that Washington and its allies would respond "quickly and appropriately" if this were proven.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

American businesses in China: Tariffs are hurting us


exactly at 37 min 14 sec ago
Trump's latest tariff increase — and Beijing's counterpunch — are hitting U.S. companies in China, according to a survey of American firms in Asia's largest economy.
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China makes its case for Hong Kong's divisive extradition bills


exactly at 53 min 14 sec ago
A Chinese official in Hong Kong is urging the quick passage of legal measures to allow fugitives to be transferred to the mainland.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Asia stocks set to rise following overnight gains on Wall Street


exactly at 1 hour 10 min ago
Shares in Asia were poised to rise at the open on Wednesday following a positive finish overnight on Wall Street, though trade tensions continue to linger between the U.S. and China.
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Trump says North American trade pact must be passed before any infrastructure bill


exactly at 1 hour 22 min ago
Trump wrote in a letter to Democratic congressional leaders that lawmakers should pass the United States-Mexico-Canada trade pact before taking up any infrastructure bill.
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A major Chinese automaker postpones its US launch as trade war drags on


exactly at 1 hour 30 min ago
GAC Motor said its delaying its launch in the U.S. but had no timeline when it could launch there.
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Chinese ambassador on trade talks: The US 'changes its mind so often'


exactly at 1 hour 38 min ago
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.
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Cramer: Stay away from this 'forbidden city of stocks'


exactly at 1 hour 56 min ago
Jim Cramer says there's a shortage of buyable stocks on the market and that money managers are staying out of these sectors.
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California Senate passes legislation to create state-chartered cannabis banks


exactly at 2 hours 14 min ago
The California Senate approved legislation to create state-chartered cannabis banks to help the industry get around federal restrictions.
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Tesla lowers prices on Models S and X amid stock slump


exactly at 2 hours 44 min ago
Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills.
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Jim Cramer: Any US-China trade deal will send the market into an 'epic rebound'


exactly at 2 hours 45 min ago
As of Tuesday, an imminent deal seems unlikely, with both countries refusing to compromise, Cramer said.
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Trump taps new Air Force secretary


exactly at Tue, 05/21/2019 - 23:40
President Donald Trump announced his pick for the next secretary of the Air Force Tuesday.
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Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters, Pure Storage and more


exactly at Tue, 05/21/2019 - 23:37
See which stocks are posting big moves after the bell.
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We need to resolve ethics of CRISPR technology as China awaits third genetically modified baby


exactly at Tue, 05/21/2019 - 23:22
The scientific community is now struggling to grapple with the ethics of human germline editing as another woman pregnant with a gene-edited baby is soon due to give birth.
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We don't yet have the technology to cure Alzheimer's, health-care investor says


exactly at Tue, 05/21/2019 - 22:55
Alzheimer's is "very, very difficult to solve and it's going to require new technology to do it, and i just don't think we have the technology," Andreessen Horowitz general partner Jorge Conde said Tuesday at CNBC's Healthy Returns conference.
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Celebrity chef Bobby Flay isn't buying into the meatless burger craze, yet


exactly at Tue, 05/21/2019 - 22:51
The cost of the newest alternative meat products, so far, is a tiny bit prohibitive for my fast-casual restaurants, says restaurateur Bobby Flay.
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Pure Storage shares tumble on a wider-than-expected loss and weak guidance


exactly at Tue, 05/21/2019 - 22:30
Pure's results for the fiscal first quarter were below analysts' estimates, and revenue guidance was also disappointing.
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Prominent NY lawyer, Napa vintner plead guilty in college bribery scheme


exactly at Tue, 05/21/2019 - 22:23
A New York lawyer and a Napa Valley vintner have admitted to participating in the college admissions bribery scheme.
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LionsGate still wants to sell Starz to CBS — then might have to merge with MGM to stay relevant


exactly at Tue, 05/21/2019 - 22:22
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate could pursue a deal with MGM for additional scale.
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House Democrats subpoena ex-White House staffers Hope Hicks and Annie Donaldson


exactly at Tue, 05/21/2019 - 22:08
Donaldson was chief of staff to former White House counsel Don McGahn, who on Tuesday defied the Judiciary panel's subpoena to testify about special counsel Robert Mueller's Russia probe. Hicks is the former White House communications director.
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Obama budget official: 'Medicare for All' is Democrat version of GOP's 'repeal and replace'


exactly at Tue, 05/21/2019 - 22:01
"Single payer is the Democratic equivalent of real and replace. It'll never be legislated because the details are too hard," President Barack Obama's former budget chief says.
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Calif sues Trump administration for decision to pull nearly $1 billion from high-speed rail project


exactly at Tue, 05/21/2019 - 21:50
California on Tuesday filed a legal challenge to the Trump administration's plans to terminate a grant of nearly $1 billion for the state's high-speed rail project.
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Potential Fed nominee Judy Shelton wants a change in the way interest rates are set


exactly at Tue, 05/21/2019 - 21:49
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.
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Turkey has until next month to cancel a multibillion-dollar Russian arms deal or face US penalties


exactly at Tue, 05/21/2019 - 21:42
Turkey must cancel a multibillion-dollar deal with Russia and buy the U.S.-made Patriot missile system or face removal from Lockheed Martin's F-35 program, forfeiture of 100 promised F-35 jets and imposition of U.S. sanctions.
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Facebook's ex-security chief says Mark Zuckerberg should hire a new CEO


exactly at Tue, 05/21/2019 - 21:26
Former Facebook executive Alex Stamos said Mark Zuckerberg should hire a new CEO and turn his focus to building products.
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Alabama Public Television refuses to air 'Arthur' episode with gay wedding


exactly at Tue, 05/21/2019 - 21:22
"It would be a violation of trust to broadcast the episode," the director of programming at the station told NBC News.
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Microsoft is rolling out a Windows 10 update with new security tools


exactly at Tue, 05/21/2019 - 21:03
Microsoft is starting to distribute the first of two major Windows 10 updates for 2019. This version has some useful additions.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

This map shows Americans' average credit score in every state


exactly at Tue, 05/21/2019 - 20:48
How does your state compare?
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Dress Barn is about to close 650 stores — here's a map of these locations


exactly at Tue, 05/21/2019 - 20:38
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to pruning its less successful brands.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Oprah to the Class of 2019: Don't wait for your 'big break'


exactly at Tue, 05/21/2019 - 20:33
Winfrey stressed the importance of taking small, purposeful steps.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Jeff Bezos recently told Amazon employees why he's 'very excited' about the auto industry right now


exactly at Tue, 05/21/2019 - 20:24
Bezos's comments give a rare glimpse into his interest in the auto industry, in which Amazon made its first entry recently through two investments in auto startups, Rivian and Aurora.
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Apple updates its most expensive line of laptops with faster chips and redesigned keyboards


exactly at Tue, 05/21/2019 - 19:30
The launch comes as Apple's laptops have been criticized for a keyboard design that users say breaks easily and results in key presses resulting in doubled-up characters or not registering at all.
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Twitter's Ev Williams says his 'phenomenally lucrative' bet on Beyond Meat stemmed from veganism


exactly at Tue, 05/21/2019 - 19:29
The Twitter co-founder and Obvious Ventures partner spoke about Beyond Meat on Tuesday at Collision Conference in Toronto.
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Deutsche Bank stands by its call for a 30% return on the S&P this year, the highest on Wall Street


exactly at Tue, 05/21/2019 - 19:23
Binky Chadha, chief equity strategist at the firm, expects the market to pull back over the next three months before quickly bouncing back up.
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Comcast is working on a device like the Amazon Echo, but focused on health


exactly at Tue, 05/21/2019 - 19:13
Comcast is working on a device to monitor people's health at home, as well as some media and communications services, according to people familiar with the plans.
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Morgan Stanley executive suggested senator wife's girlfriend be paid through private firm


exactly at Tue, 05/21/2019 - 19:07
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her former campaign manager, Nichola Samponaro.
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Stocks making the biggest moves midday: Kohl's, Micron, JC Penney & more


exactly at Tue, 05/21/2019 - 19:06
Names on the move ahead of the open.
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Stock picking is making a comeback with nearly half of managers beating the market


exactly at Tue, 05/21/2019 - 19:05
Stock pickers are having their best year in a decade, according to Bank of America Merrill Lynch.
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The most popular stocks for hedge fund managers are crushing the market


exactly at Tue, 05/21/2019 - 18:50
While investing often seems like a contrarian game, investors who bought the most-favored stocks have seen the best returns.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Apple bid to buy Tesla in 2013 for $240 a share, analyst says


exactly at Tue, 05/21/2019 - 18:32
Craig Irwin of Roth Capital Partners said Apple tried to buy Tesla six years ago for a higher price than where the stock now trades.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Stress and rigorous work schedules push a doctor to commit suicide every day in the US


exactly at Tue, 05/21/2019 - 18:23
The rigorous work schedule and pressure faced by U.S. doctors have them "stressed to the point of breaking" and struggling with the highest suicide rates among any profession in the U.S.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Boston Fed President Rosengren says trade war is a 'prominent downside risk'


exactly at Tue, 05/21/2019 - 18:08
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Executives at Kohl's, JC Penney, Home Depot speak out against tariffs, as trade war drags on


exactly at Tue, 05/21/2019 - 18:07
The White House has threatened to slap another round of 25% tariffs on roughly $300 billion in Chinese goods that would include apparel and footwear, leading retail executives to speak out about how this would hurt their businesses.
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Novartis CEO says cannabis not company focus despite Tilray partnership


exactly at Tue, 05/21/2019 - 17:46
Speaking with CNBC's Jim Cramer from the "Healthy Returns" conference in New York City, Novartis CEO Vas Narasimhan says cannabis is "not a focus" for the pharma company.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Japanese carmakers tout US-based jobs at all-time high as Trump pushes to protect American companies


exactly at Tue, 05/21/2019 - 17:31
Japanese automakers say they generated more than 1.6 million jobs in the U.S. at manufacturing plants, dealerships and suppliers. Of those jobs, more than 94,000 people are directly employed by the companies.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

California Senate considers ban on facial recognition software for police body cams


exactly at Tue, 05/21/2019 - 17:12
The California state Senate is considering legislation that would ban law enforcement's use of facial recognition technology in body cameras.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Theresa May offers lawmakers a vote on second Brexit referendum — if her deal is approved


exactly at Tue, 05/21/2019 - 17:10
Sterling jumped on Tuesday afternoon following a report that Prime Minister Theresa May will allow lawmakers a free vote on a second Brexit referendum.
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McDonald's faces new complaints related to handling of sexual harassment cases


exactly at Tue, 05/21/2019 - 17:08
The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against McDonald's.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Cramer calls Morgan Stanley's $10 worst-case on Tesla stock 'really insane'


exactly at Tue, 05/21/2019 - 17:02
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97-per-share appears to be a gimmick.
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Nicorette introduces new nicotine lozenges in bid to woo customers away from vaping


exactly at Tue, 05/21/2019 - 16:54
Nicorette is launching its first major product innovation in 10 years, a coated ice mint lozenge. The brand was first approved to help people quit smoking in 1984.
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Tesla could plummet another 10% before finding a bottom, chart analyst warns


exactly at Tue, 05/21/2019 - 16:41
Tesla shares are careening out of control this year, and charts suggest another double-digit drop before hitting their next level of support.
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How to overhaul your finances before becoming a parent


exactly at Tue, 05/21/2019 - 16:31
Welcoming a baby in 2019? It's time for a financial overhaul.
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George R. R. Martin defends 'Game of Thrones' writers, says it's 'silly' to ask if ending is 'real'


exactly at Tue, 05/21/2019 - 16:30
Fans wondering if "Game of Thrones'" ending was the "true" ending of George R. R. Martin's "A Song of Ice and Fire" novels got an answer from the author himself Monday night. Yes and no.
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Nadler threatens to go to court to force ex-White House lawyer McGahn to testify


exactly at Tue, 05/21/2019 - 16:30
"Let me be clear: this committee will hear Mr. McGahn's testimony, even if we have to go to court to secure it," Nadler said.
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Trump appeals judge's decision upholding Dems' subpoena for financial records


exactly at Tue, 05/21/2019 - 16:13
The move, which was expected, has set up an early legal test of the president's strategy of fighting off congressional oversight by rejecting the legitimacy of subpoenas he argues are motivated by politics.
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Home sales fell in April despite a big drop in mortgage rates


exactly at Tue, 05/21/2019 - 16:00
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018.
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California bill would give tax incentives to film, TV productions that leave states banning abortion


exactly at Tue, 05/21/2019 - 15:59
A California Democratic lawmaker on Monday formally introduced a bill to offer tax breaks to film and television productions that relocate from states with restrictive abortion bans.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Coca-Cola and 'Stranger Things' prove we can get nostalgic for a lot of things, even New Coke


exactly at Tue, 05/21/2019 - 15:53
Coca-Cola is partnering with Netflix to bring back New Coke to promote the third season of "Stranger Things."
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

'Trumponomics' co-author Art Laffer: Fed should heed markets and lower interest rates


exactly at Tue, 05/21/2019 - 15:49
The Fed should take its cues from falling bond yields and lower short-term interest rates, says conservative economist Art Laffer.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Former FDA chief Gottlieb: 'We struck the wrong balance' on e-cigarettes


exactly at Tue, 05/21/2019 - 15:39
The FDA struck the wrong balance on its oversight of the e-cigarette industry, former commissioner Scott Gottlieb said Tuesday at CNBC's Healthy Returns conference.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Bernie Sanders will attend Walmart's annual meeting to push for higher pay and other labor reforms


exactly at Tue, 05/21/2019 - 15:38
Sanders plans to introduce a measure that would give hourly Walmart workers a seat on the retailer's board, according to The Washington Post.
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Xi Jinping says China is embarking on a 'new Long March,' signaling no end to trade war soon


exactly at Tue, 05/21/2019 - 15:30
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Billionaire Richard Branson: 'I didn't start Virgin to make money'


exactly at Tue, 05/21/2019 - 15:11
"Shaking up entrenched industries can do [a] world of good," says Richard Branson, whose first venture was a mail order record business that he built into Virgin Records.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Uber is a 'once in a generation company' but the stock is going nowhere, Susquehanna says


exactly at Tue, 05/21/2019 - 15:06
Susquehanna has a neutral rating on the stock and a price target of $42 per share.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Suzy Welch: How to know if you're being set up to fail at work


exactly at Tue, 05/21/2019 - 15:00
It's a viscious cycle. Here's how to break it.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Here are the biggest analyst calls of the day: Tesla, Biogen, Uber, Kroger, Electronic Arts & more


exactly at Tue, 05/21/2019 - 14:45
Here are the biggest calls on Wall Street on Tuesday
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

It looks a lot like the old layaway, but point-of-sale loans have a new image in 2019


exactly at Tue, 05/21/2019 - 14:39
The return of point-of-sale loans is shaking up the way consumers, especially millennials, are making purchases.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Boeing shares rise after report that a bird strike may have caused 737 Max crash


exactly at Tue, 05/21/2019 - 14:34
Boeing shares rose Tuesday after a Wall Street Journal report said aviation officials believe a bird strike may have caused the crash of a 737 Max in Ethiopia in March.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

Quantifying just how much the trade war could hurt Apple


exactly at Tue, 05/21/2019 - 14:31
For every 5% drop in Greater China sales, Apple's earnings per share should fall about 15 cents, Credit Suisse tells clients.
Newsitem placed in category/categories :: GLOBAL OVERWATCH™ , X1

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