Business

David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images Hedge fund manager David Tepper will continue to manage money for 15 investors and return the rest of Appaloosa Management‘s outside capital as he begins to convert it into a family office, Bloomberg reported Saturday. His firm will begin to return money to clients at the

The heavy metal band Slayer is on their farewell tour, and according to the concert industry trade publication Pollstar, they’ve made $10 million off of merchandise sales alone. However, even though it’s the last tour of their career, the group can continue to make money after it’s over. Kristen Mulderig of Rick Sales Entertainment Group,

CNBC’s Jim Cramer gives viewers a preview of his schedule for the week ahead, with a few earnings reports and U.S.-China trade news taking center focus. The “Mad Money” host gave investors his blessing to start a position in Clorox and buy shares incrementally, but warns not to expect the stock price to rebound in

Nike: “I think it goes higher, why? Because they had one of the best quarters that I have seen in ages. And my congratulations to [CEO] Mark Parker, who will not come on this show and it’s beginning to really break my heart.” Huami Corp.: “There’s only one device company in the whole wide world that’s worth

A cosplayer dressed as The Joker attends the New York Comic Con at Jacob K. Javits Convention Center on October 03, 2019 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images It’s a rainy October morning, barely past 9 a.m. in New York City, and already there is a line stretching

An Indian-operated SpiceJet Boeing 737-800 aircraft (foreground) takes off. Indranil Mukherjee | AFP | Getty Images NEW DELHI — India needs to fix structural issues in its aviation market that keep operating costs high for domestic airlines, a top industry leader told CNBC. Aviation has a bright future in the country but carriers are struggling

It wasn’t long ago that Ulta Beauty fell out of favor with investors, but CNBC’s Jim Cramer said it’s time to buy the cosmetic retailer’s stock again. “Yes, Ulta’s last quarter was a disaster. I wish I’d seen it coming,” the “Mad Money” host said Thursday. “But with insiders buying again and the stock looking

Ahead of Friday’s jobs report, one of the best ways to gauge the health of the U.S. consumer may be through the performance of some of the big consumer staples names. As investors look for clues as to where the markets could be heading next, this week’s slate of earnings might prove a valuable bellwether.

CNBC’s Jim Cramer on Wednesday urged investors to wait for the market to sell-off more before scooping up stocks. The “Mad Money” host did, however, offer a few stocks that are safe to build position in, such as Frank’s Red Hot-parent McCormick. Later in the show, he checks in with payroll provider Paychex CEO Marty

Delta unveils it’s first Airbus A350. Leslie Josephs | CNBC The U.S. on Wednesday announced tariffs on Airbus planes after winning a World Trade Organization dispute over subsidies received by the aircraft manufacturer, and travelers may end up paying higher airfare as a result. The tariffs stem from a 15-year-old dispute between the U.S. and Europe

Boeing 737 Next Generation Source: Boeing The Federal Aviation Administration is ordering airlines that fly some older Boeing 737 jets to inspect them for “structural cracks,” the agency said Wednesday. The order comes after cracks were discovered on some aircraft in China and further inspections found other cracks, the FAA said. The order does not affect

European stocks are set to open slightly lower Wednesday morning, after unexpectedly weak U.S. manufacturing activity stoked worries over the world’s largest economy. The FTSE 100 is seen 30 points lower at 7,330, the CAC is expected to open little changed from the previous session at 5,598, while the DAX is poised to start 7

CNBC’s Jim Cramer on Tuesday said the stock market got hit because “we were due for a pullback.” The Dow Jones Industrial Average dropped more than 343 points, or 1.28%, the S&P 500 fell 1.23%, and the Nasdaq Composite decreased 1.13% during the session. The major indexes are up about 14%, 17% and 19%, respectively,

Relativity co-founders Tim Ellis (left) and Jordan Noone stand next to a 3D printed second stage of the company’s Terran 1 rocket. Relativity Space start-up Relativity Space just raised the money it needs to transform the rocket supply chain in the U.S. with 3D printing. The four-year-old company in Los Angeles, Calif., said it has

Holiday shoppers at a Macy’s store in New York. Source: Getty Images The holiday season is less and less important for retailers, as more shopping moves online, according to a new study. Coresight Research said Tuesday it’s calling for a 4% increase in U.S. retail sales this November and December, which isn’t as robust as

Former FDA Commissioner Mark McClellan told CNBC on Monday that the regulatory agency did not yet have the structures in place to identify the vaping epidemic among youths earlier. McClellan said former FDA chief Scott Gottlieb, who left the office earlier this year, had tried over the last couple of years to put a more

There are many benefits to being able to access almost anything from the touch of your phone. There is also a downside. “This instant gratification in the financial world can be risky,” said Shelle Santana, a professor of business administration at Harvard Business School. The reality is that more than 75% of all full-time workers

European stocks are set to open slightly lower Monday morning, amid reports the U.S. is considering imposing investment curbs on China. The FTSE 100 is seen 8 points lower at 7,418, the CAC is expected to open down around 10 points at 5,630, while the DAX is poised to start 17 points lower at 12,363,

The 2019 Acura NSX Mack Hogan | CNBC Acura reinvented the supercar 29 years ago with the original NSX. The high-powered, mid-engined supercar went toe-to-toe with Ferrari and Porsche while offering Acura levels of reliability and ease of use. While Ferrari owners had to pull the engine out of their cars every few years for

The Dreem 2 headband tracks brain activity, heart rate, breathing and movement. Source: Dreem Getting a good night’s sleep is about much more than avoiding screens before you hit the hay. Dreem, a tech company that aims to help people sleep better, tracks brain activity, heart rate, breathing and movement of its customers with its