CNBC | World Business News Leader
- Obama budget official: 'Medicare for All' is Democrat version of GOP's 'repeal and replace'on May 21, 2019 at 8:01 pm
"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. […]
- Potential Fed nominee Judy Shelton wants a change in the way interest rates are seton May 21, 2019 at 7:49 pm
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates. […]
- Turkey has until next month to cancel a multibillion-dollar Russian arms deal or face US penaltieson May 21, 2019 at 7:42 pm
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. […]
- Facebook's ex-security chief says Mark Zuckerberg should hire a new CEOon May 21, 2019 at 7:26 pm
Former Facebook executive Alex Stamos said Mark Zuckerberg should hire a new CEO and turn his focus to building products. […]
- Microsoft is rolling out a Windows 10 update with new security toolson May 21, 2019 at 7:03 pm
Microsoft is starting to distribute the first of two major Windows 10 updates for 2019. This version has some useful additions. […]
- Dressbarn is about to close 650 stores — here's a map of these locationson May 21, 2019 at 6:38 pm
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. […]
- At all-hands meeting Jeff Bezos tells employees he's 'very excited' about the auto industryon May 21, 2019 at 6:24 pm
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups. […]
- Apple makes another change to the keyboard that keeps breaking on the MacBook Proon May 21, 2019 at 5:30 pm
The launch comes as Apple's laptops have been criticized for a keyboard that users say breaks easily and results in key presses that cause errors. […]
- Twitter's Ev Williams says his winning bet on Beyond Meat stemmed from vegan paston May 21, 2019 at 5:29 pm
The Twitter co-founder and Obvious Ventures partner spoke about Beyond Meat on Tuesday at Collision Conference in Toronto. […]
- Deutsche Bank stands by its call for a 30% return on the S&P this year, the highest on Wall Streeton May 21, 2019 at 5:23 pm
Binky Chadha, chief equity strategist at the firm, expects the market to pull back over the next three months before quickly bouncing back up. […]
- Comcast is working on an in-home device to track people's healthon May 21, 2019 at 5:13 pm
Comcast is working on a device to monitor people's health at home, as well as some media and communications services. […]
- Morgan Stanley executive suggested senator wife's girlfriend be paid through private firmon May 21, 2019 at 5:07 pm
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her romantic relationship with her former campaign manager, Nichola Samponaro. […]
- Stock picking is making a comeback with nearly half of managers beating the marketon May 21, 2019 at 5:05 pm
Stock pickers are having their best year in a decade, according to Bank of America Merrill Lynch. […]
- The most popular stocks for hedge fund managers are crushing the marketon May 21, 2019 at 4:50 pm
While investing often seems like a contrarian game, investors who bought the most-favored stocks have seen the best returns. […]
- Apple bid to buy Tesla in 2013 for $240 a share, analyst sayson May 21, 2019 at 4:32 pm
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. […]
- Stress and rigorous work schedules push a doctor to commit suicide every day in the USon May 21, 2019 at 4:23 pm
The rigorous work schedule and pressure faced by doctors have them "stressed to the point of breaking," resulting in high suicide rates. […]
- Fed's Rosengren: Trade war is a 'prominent downside risk' and another reason for policy patienceon May 21, 2019 at 4:08 pm
The escalating trade war between China and the U.S. could increase pressure on the overall economy, according to Boston Fed President Eric Rosengren. […]
- Executives at Kohl's, JC Penney, Home Depot speak out against tariffs, as trade war drags onon May 21, 2019 at 4:07 pm
The White House has threatened to slap tariffs on apparel and footwear, leading retailers to speak out about how this would hurt business. […]
- Novartis CEO says cannabis isn't a focus despite Tilray partnershipon May 21, 2019 at 3:46 pm
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. […]
- Japanese automakers tout US-based jobs at all-time high as Trump ramps up trade waron May 21, 2019 at 3:31 pm
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. […]
