The former chairman of Nissan, Carlos Ghosn, has used his first public appearance since fleeing Japan to accuse the country’s prosecutor of trying to force a flawed confession. Ghosn was arrested in November 2018 on charges that related to under-reporting his salary, using Nissan money for private investments and to employ his sister as a
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A Boeing 737 passenger plane with 180 aboard crashed in Iran after take-off, according to Iranian news agencies. Iran’s Fars News Agency reported that the Ukrainian plane crashed due to technical problems after taking off from Iran’s Imam Khomeini airport. The plane belonged to Ukranian Airlines, according to ISNA, another Iranian news agency. CNBC has
DETROIT – As Tesla CEO Elon Musk showed off his dance moves Tuesday to celebrate the launch of the Model Y in China, no such festivities were likely occurring in Detroit. Shares of Tesla have roughly doubled in the last six months, giving the Silicon Valley automaker a market capitalization of roughly $84.4 billion as
A demonstrator with a mask attends a climate protest rally in Sydney on December 11, 2019. Saeed Khan | AFP | Getty Images Australia has been burning since September and an end to the catastrophic destruction does not appear to be in sight. Officials believe the fires could take months to extinguish. The wildfires have
Carlos Ghosn, former chairman of Nissan Motor Co., sits in a vehicle as he leaves his lawyer’s office in Tokyo, Japan, on Wednesday, March 6, 2019. Takaaki Iwabu | Bloomberg | Getty Images As Nissan’s former Chairman Carlos Ghosn made his way from Osaka, Japan to Istanbul, Turkey in a private jet, the price of
Gwyneth Paltrow’s famous lifestyle brand Goop is about to hit Sephora stores, marking the first time it has partnered with another retailer to sell items like its vitamin chews and body scrubs. Up until now, Goop was only available at its own stores, on Goop.com and at some independent beauty shops. Starting Tuesday, Goop’s wellness
Richard Newstead | Universal Images Group | Getty Images New car registrations in the U.K. fell by 2.4% in 2019, new figures from the Society of Motor Manufacturers and Traders (SMMT) show, with demand for new cars at a six-year low, according to the organization’s chief executive. Overall, there were 2,311,140 registrations last year, compared
Ricky Gervais hosts the 77th annual Golden Globe Awards. NBC The 77th annual Golden Globe Awards kicks off Hollywood’s televised award season Sunday night. The ceremony, held at the Beverly Hilton in Beverly Hills, will be hosted by comedian Ricky Gervais. The awards will honor film and television seasons released during the last year. There
Anna in “Frozen II.” Disney Disney has continued its domination of the 2019 box office into 2020. On Sunday, “Frozen II” became the highest-grossing animated film of all time. With a $1.32 billion haul since its release in November, “Frozen II” has surpassed “Frozen” as the top animated film at the global box office. “Disney’s
CNBC’s Jim Cramer on Friday, the second trading day of 2020, reviewed last year’s best performers on the Dow Jones Industrial Average and gave his predictions for the current trading year. The Dow, alongside the other two major indexes, surged double digits in the banner year of 2019. The 30-stock index of blue-chip companies gained
CNBC’s Jim Cramer on Friday took a look at last year’s run in the S&P 500 to lay out his thoughts on how the top performers would play out over the coming year in trading. The S&P 500, which tracks 500 large-cap public stocks, posted a gain of 28.9% in 2019, its largest advance since
CNBC’s Jim Cramer advises that investors refrain from panicking about how U.S.-Iran tensions may impact the market and to look for potential buying opportunities in the coming days. The “Mad Money” host takes a look back at the top components of the Dow Jones Industrial Average and S&P 500 to project what’s to come in
Investors should exercise patience when evaluating stocks shortly after a geopolitical incident, like the U.S. airstrike that killed a top Iranian military leader, CNBC’s Jim Cramer said Friday morning. That’s because it usually takes more than one day for clarity to arrive, but the “Mad Money” host said Friday there are really only three oil
Shake Shack: “I think Shake Shack had a really, really good quarter and the shack is back and I think it’s O.K. to buy, although I have to tell you Wendy’s is the cheapest burger company.” AGNC Investment: “I don’t like that particular kind of REIT ’cause I don’t know what they’re in.” U.S. Bancorp:
A wallaby licks its burnt paws after escaping a bushfire on the Liberation Trail near the township of Nana Glen on the Mid North Coast of NSW, November 12, 2019. Wolter Peeters | Fairfax Media | Getty Images Nearly half a billion animals in Australia’s New South Wales state have been killed by raging wildfires
CNBC’s Jim Cramer breaks down a menu of complex terms that are used in trading stocks. The “Mad Money” host explains how investors must consider the business cycle when finding the opportune time to buy or sell an equity. He explains to viewers how simple math can help determine when a stock is undervalued or
SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images DETROIT – Americans are expected to have bought fewer new vehicles last year than in recent years but spent a record amount on those new cars and trucks. Research and forecast firms Cox Automotive, Edmunds and J.D. Power/LMC Automotive
Menthol pods for Juul Labs Inc. e-cigarettes are displayed for sale at a store in Princeton, Illinois, U.S., on Monday, Sept. 16, 2019. Daniel Acker | Bloomberg | Getty Images The Food and Drug Administration said Thursday it has issued a ban on flavored vaping products, with the exception of tobacco and menthol. Under the
Rescuers work beside the wreckage of an Ethiopian Airlines’ aircraft at the crash site, some 50 km east of Addis Ababa, capital of Ethiopia, on March 10, 2019. Wang Shoubao | Xinhua News Agency | Getty Images The number of people killed in commercial airplane crashes more than halved in 2019 from the previous year,
Workers producing clothes in a factory in Huaibei, China. STR | AFP | Getty Images A private survey released on Thursday showed China’s manufacturing activity expanded in the month of December. The Markit/Caixin Purchasing Managers’ Index (PMI) for manufacturing came in at 51.5, compared to 51.8 in November. Analysts polled by Reuters had expected the private manufacturing