Business

Sen. Elizabeth Warren, as well as three other Democratic Presidential hopefuls Sen. Kirsten Gillibrand, Gov. Jay Inslee and react to questions during the Daily Kos/Netroots Nation candidate forum, at the Convention Center in Philadelphia, PA, on July 13, 2019. Bastiaan Slabbers | NurPhoto | Getty Images A new study from the University of Pennsylvania’s Wharton
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A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton extended their two-day losses, trading down 5% midday on Wednesday, following a critical short-seller note from Citron
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General Motors unveiled redesigned versions of the Chevrolet Suburban (pictured) and Chevrolet Tahoe on Dec. 10, 2019 in Detroit. Michael Wayland / CNBC DETROIT – General Motors unveiled new versions of its highly-profitable Chevrolet full-size SUVs Tuesday night that are larger, more tech-advanced and offer a wider range of choices for customers. Profits from the
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Rep. Alexandria Ocasio-Cortez (D-NY) on Capitol Hill in Washington, July 17, 2019. Joshua Roberts | Reuters New York Congresswoman Alexandria Ocasio-Cortez said Tuesday that she plans to vote against Speaker Nancy Pelosi‘s drug pricing plan, urging House Democratic leaders to take a more progressive stand on high health-care costs. “As the bill stands, she plans
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A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the
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Anna in “Frozen II.” Disney With Sunday’s estimates, Disney is now a breath away from hauling in $10 billion globally from its 2019 box office titles. As “Frozen II” continues to dominate the box office, both domestically and internationally, Disney’s tally for the year hovers around $9.9 billion, according to data from Comscore. This record
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The character Marla in ‘Playmobil’ STX Films, promotional photo of Playmobil movie It seems Disney’s reign over the animation box office continued this weekend. While “Frozen II” neared $1 billion during its third weekend in theaters, STX’s “Playmobil” movie garnered less than $1 million in ticket sales over its opening weekend in North America. STX,
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President Donald Trump should go forward with the next round of tariffs set for Dec. 15, CNBC’s Jim Cramer said Friday. That’s because the November jobs report issued Friday shows the U.S. economy is stronger than some may have believed, the “Mad Money” host said. “If we’re experiencing this kind of growth without inflation, that
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Surveillance cameras are mounted on a post as the Hangzhou Hikvision Digital Technology Co. logo is displayed atop the company’s headquarters in Hangzhou, China, on Tuesday, May 28, 2019. Hikvision, which is controlled by the Chinese government, is one of the leaders in the market for surveillance technology. Qilai Shen | Bloomberg | Getty Images
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Updated operations in Chipotle Mexican Grill restaurants have allowed the eatery to turn a profit on its delivery initiatives, CEO Brian Niccol told CNBC’s Jim Cramer on Thursday. The food franchise beginning last year bolstered its operations by adding secondary prep lines dedicated to fulfilling out-of-store orders, which effectively allowed the business to divide and
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