Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill in Washington, DC, December 11, 2018. Saul Loeb | AFP | Getty Images As “privacy” has become the new buzzword of Silicon Valley, Google CEO Sundar Pichai is positioning the company’s new products to fit the zeitgeist while undermining its competitor’s
Month: May 2019
Getty Images Wendy’s reported better-than-expected quarterly revenue and profit on Wednesday, as the U.S. burger chain benefited from higher royalty fees and the launch of its premium burgers that come with avocado, bacon and barbecue chicken. The company refreshed its offerings by introducing ‘Made to Crave’ line of fresh beef burgers that come with ingredients such
The “Fast Money ” traders shared their first moves for the market open. Pete Najarian was a buyer of L Brands. Cater Worth was a buyer of S&P 500 ETF puts. Karen Finerman was a buyer of Anthem. Dan Nathan was a seller of the Financials ETF. Trader disclosure: Pete Najarian is long calls AAL, AMD, AMRN,
City of London financial district with Royal Exchange building. Alexander Spatari | Moment | Getty Images A majority of wealthy U.K.-based investors see an economic upside for the U.K. despite uncertainty surrounding its withdrawal from the EU, according to a new quarterly survey by UBS. Published Tuesday by UBS Global Wealth Management, the study polled
As markets tumbled under the threat of a trade war with China, Goldman Sachs told clients there would be one distinct group of winners and one group of losers in the stock market as this foreign policy drama unfolds. Service-providing companies like Amazon will fare better than goods-producing firms like Apple during a trade war,
Tesla Model 3 Silas Stein | picture alliance | Getty Images If you’re thinking of switching to an electric vehicle, chances are that you have considered a Tesla. The debut of the Model 3 — which starts at $35,000 — is Tesla’s most affordable model. And it has many individuals wondering if they want to
Small business confidence ticked up and remains at a high level, according to the latest CNBC|SurveyMonkey Small Business Survey for the second quarter. The CNBC|Survey Monkey Small Business Confidence Index reading of 59 (up from 58 in the first quarter 2019) indicates that small business owners are optimistic about the direction of their business over
There are plenty of aging parents out there making life difficult for their adult children, as we see from our experience at AgingParents.com. We work with families and see the struggle. A common problem for families is when the one in charge of finances, typically the patriarch, develops cognitive impairment and needs help managing the family
A worker prepares the Orion Drilling Co.’s Polaris oil and gas drilling rig to have the mast lifted upright for the first time at the company’s assembly and integration facility in Corpus Christi, Texas, U.S., on Wednesday, April 4, 2012. Oil BLOOMBERG NEWS The beginning of the US economy’s second year under the Tax Cuts
New York City building owners will face steep fines for not complying with new emissions caps, with the cost of retrofits or penalties trickling down to residents in the form of assessments and increased rents. Getty The New York City real estate market is expected to take a hit as the result of ambitious legislation designed to
CNBC’s Jim Cramer on Tuesday said Wall Street lacks enough “safety zone areas” to warrant picking any stocks in current market weakness. But the “Mad Money” host also cautioned that, because of uncertainty surrounding U.S.-China trade relations, it may be a gamble to do more selling after the Dow Jones Industrial Average posted its fourth
In late March, Lyft’s co-founder John Zimmer told CNBC — on the Friday morning when the rideshare firm went public and he earned hundreds of millions of dollars — that the company was “ready to be held accountable” for the fact that it had no history of profits. The market did not wait long. After
Yu Gong, founder and CEO of China-based iQiyi, rings the opening bell at Nasdaq MarketSite in Times Square. Spencer Platt | Getty Images News | Getty Images Nasdaq is looking to benefit from a strong year for Chinese tech companies launching initial public offerings. Last week, two Chinese companies debuted on the tech-heavy U.S. exchange,
Ken Griffin speaking at the 2018 Delivering Alpha Conference in New York on July 18th, 2018. David A. Grogan | CNBC Citadel’s flagship Wellington Fund is up 10% so far this year, a source familiar with the returns told CNBC on Tuesday. The fund was up 3.33% in April, driven by equities, commodities, credit, and
Nils Hendrik Mueller | Cultura | Getty Images There’s no place like home. In retirement, that’s not always the case. Lured by better weather, lower taxes or an improved quality of life, some seniors would still prefer to relocate. More often than not, that means moving to a state like Florida, Arizona or the Carolinas,
FILE – In this Wednesday, Feb. 20, 2019, file pool photo, Illinois Gov. J.B. Pritzker delivers his first budget address on to a joint session of the Illinois House and Senate at the Illinois State Capitol building in Springfield, Ill. Legislatures in roughly two dozen states are considering bills to legalize sports gambling, made possible
In its long history, China hasn’t been used to being pushed into a corner. But it is in that situation this week in trade negotiations, where it’s being called on to negotiate a deal under the threat of new tariffs from Washington. Washington’s threats have left observers guessing what Beijing’s next step will be. One
Share to facebook Share to twitter Share to linkedin Real estate agents, like mortgage providers, title insurers, and home inspectors, depend on the free flow of information and compensation to remain in business. AdobeStock_113802827 What is it about 2019 which seems to be drawing the ire of regulators and competitors to the residential real estate
Sundar Pichai, CEO of Google, speaks to the media before the opening of the Berlin representation of Google Germany in Berlin on January 22, 2019. Carsten Koall | Getty Images News | Getty Images Google CEO Sundar Pichai addressed the privacy concerns surrounding his company on Tuesday, and told developers what they can expect in
The Mallinckrodt Pharmaceuticals sign at the company’s offices in St. Louis. Whitney Curtis | AP Shares of Mallinckrodt Pharmaceuticals seesawed Tuesday morning, swinging up by as much as 16.4% before the markets opened but trading lower after the company reported otherwise strong first-quarter earnings and raised its profit outlook for the year. Mallinckrodt attributed its strong quarterly
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