CNBC

Oil soars 2.9% to 3-year high, settling at $68.47, as US crude stockpiles drop – CNBC
news.google.com

CNBC Oil soars 2.9% to 3-year high, settling at $68.47, as US crude stockpiles dropCNBCOil prices rose to their highest level since late 2014 after government data showed U.S. crude stockpiles fell last week and as the market continued to worry about supply disruptions in key fossil fuel-producing nations. U.S. West Texas Intermediate …OPEC Strategy […]

183
Like
Save
California workplace safety agency opens probe into Tesla – CNBC
news.google.com

CNBC California workplace safety agency opens probe into TeslaCNBCCalifornia's Occupational Safety and Health Administration started an investigation into Tesla on Tuesday, according to a spokesperson for the agency. The investigation a report by Reveal on Sunday alleging that Tesla under-counted and mis-labeled …California opens probe into workplace safety at Tesla's Fremont factorySilicon Valley Business Journal […]

198
Like
Save
IBM down on disappointing guidance – CNBC
news.google.com

CNBC IBM down on disappointing guidanceCNBCIBM stock fell 6 percent after the company reported better-than-expected earnings for the first quarter on Tuesday. – Earnings: $2.45 per share, excluding certain items, vs. $2.42 per share expected by analysts, according to Thomson Reuters. – Revenue …IBM Reports Higher Revenue, Profit DownWall Street Journal IBM Earnings: Stock Down […]

137
Like
Save
Nonfarm payrolls increase by 103000 in March, vs 193000 jobs expected – CNBC
news.google.com

CNBC Nonfarm payrolls increase by 103000 in March, vs 193000 jobs expectedCNBCNonfarm payrolls rose by 103,000 in March, well below economist expectations of 193,000, according to the Bureau of Labor Statistics. However, markets reacted little to the news as February's number was revised higher and the longer-term trend of …and more »

138
Like
Save
Ford recalls about 350000 F-150s and Expeditions for faulty transmission gears – CNBC
news.google.com

CNBC Ford recalls about 350000 F-150s and Expeditions for faulty transmission gearsCNBCFord is recalling 350,000 vehicles for a transmission issue that could result in the car moving after the driver has placed it in park and removed the keys. There is reported accident and injury related to the issue. Robert Ferris | @RobertoFerris …Ford Concerned […]

191
Like
Save
JP Morgan's Dimon says the market may be underestimating the chance that Fed will have to act more quickly – CNBC
news.google.com

CNBC JP Morgan's Dimon says the market may be underestimating the chance that Fed will have to act more quicklyCNBCJamie Dimon says in his annual letter that it would be reasonable to expect a 10-year Treasury note yield of 4 percent with normal growth and inflation approaching 2 percent. If inflation and wages grow at […]

155
Like
Save
Amazon may offer to buy India's Flipkart: Report – CNBC
news.google.com

CNBC Amazon may offer to buy India's Flipkart: ReportCNBCAmazon.com may make a rival offer to buy Indian e-commerce firm Flipkart, which is in tie-up talks with Walmart, local media reported, as the two U.S. retail giants jostle for dominance in India's booming online industry. Amazon held early exploratory …Amazon May Start a Bidding War With […]

123
Like
Save
Stock futures plunge, with the Dow set for a nearly 500 point drop, after China announces tariffs – CNBC
news.google.com

CNBC Stock futures plunge, with the Dow set for a nearly 500 point drop, after China announces tariffsCNBCAround 7:30 a.m. ET, Dow Jones industrial average futures indicated a drop of 460 points at the start of trading in New York. China has announced brand-new tariffs on 106 U.S. products, including cars, whisky, and soybeans. Automakers […]

150
Like
Save
US-China trade war is a 'very low probability,' says top market strategist – CNBC
news.google.com

CNBC US-China trade war is a 'very low probability,' says top market strategistCNBCScott Wren, a senior global equity strategist at Wells Fargo Investment Institute, says worries of a U.S.-China trade war are overblown. Instead, he expects to see renegotiation. Wren did worry about the White House's proposed tariffs on China for …How Washington is undermining […]

163
Like
Save
Former Walmart exec claims retail giant issued misleading e-commerce results in battle against Amazon – CNBC
news.google.com

CNBC Former Walmart exec claims retail giant issued misleading e-commerce results in battle against AmazonCNBCTri Huynh, a former executive at Walmart, says he was terminated by the company under false pretenses. Huynh alleges Walmart has been mislabeling products so that third-party vendors were paid lower commissions, among other "violations of the law." He …Walmart Cheated […]

170
Like
Save
Pizza Hut tapped as new NFL sponsor after Papa John's fallout – CNBC
news.google.com

CNBC Pizza Hut tapped as new NFL sponsor after Papa John's falloutCNBCThe announcement comes a day after Papa John's severed ties with the league to focus on deals with specific teams and players. Pizza Hut has been aggressively discounting its pizzas, rolling out contests and offering new rewards this year. Lauren …NFL Replaces Papa John's […]

105
Like
Save