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   NEWS: CNBC BUSINESS
CNBC Business
Oct 03, 2022

London, Paris, Frankfurt and beyond: CNBC names Europe's best hotels for business travel
After months of research, CNBC and Statista release the rankings of the best hotels for business travelers in more than 50 cities across Europe.

CNBC Business
Oct 03, 2022

Jim Cramer says Apple is still the ‘greatest stock of all time'
His comments come after Morgan Stanley estimated that the iPhone maker's App store net revenue tumbled a record 5% last month.

CNBC Business
Oct 03, 2022

Cramer's lightning round: I'm very bullish on Disney
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
Oct 03, 2022

Stocks making the biggest moves after hours: Rivian, Kezar, Dynatrace and more
These are the stocks posting the largest moves in extended trading.

CNBC Business
Oct 03, 2022

Jim Cramer says 3 things are preventing the market from having a sustained rally
Stocks rebounded on Monday after an ugly end to the month and quarter on Friday.

CNBC Business
Oct 03, 2022

Rivian says it's on pace to meet 2022 goals after production grew 67% in the third quarter
Rivian built over 7,000 electric vehicles in the third quarter, its best quarterly total yet, as it remains on track to make 25,000 in 2022.

CNBC Business
Oct 03, 2022

Biden promises support for Puerto Rico's Hurricane Fiona recovery as Florida cleans up after Hurricane Ian
President Joe Biden reiterated his unwavering support for Puerto Rico's recovery from Hurricane Fiona, even as the country reels from Hurricane Ian.

CNBC Business
Oct 03, 2022

This 'wild card' strategy offers retirees a fix for unpaid quarterly taxes. Here's how to use it
If you're retired and haven't made quarterly estimated tax payments for 2022, there may still be time to avoid late penalties. Here's what to know.

CNBC Business
Oct 03, 2022

Damages in Florida from Hurricane Ian could total $47 billion. Here's how to protect your personal finances from natural disasters
With damages in Florida set to total as much as $47 billion from Hurricane Ian, according to one estimate, here's how to protect your finances from disasters.

CNBC Business
Oct 03, 2022

This 'wildcard' strategy offers retirees a fix for unpaid quarterly taxes. Here's how to use it
If you're retired and haven't made quarterly estimated tax payments for 2022, there may still be time to avoid late penalties. Here's what to know.

CNBC Business
Oct 03, 2022

Will Smith's first project since Oscars fiasco gets December release date
"Emancipation" is Smith's first project since the Oscars, where he made headlines for slapping host Chris Rock on stage.

CNBC Business
Oct 03, 2022

Photos show massive recovery days after Hurricane Ian hit Florida, Carolinas
Insurers could face costs of up to $57 billion from Hurricane Ian's destruction in Florida and South Carolina, risk modeling firm Verisk said Monday.

CNBC Business
Oct 03, 2022

Stocks making the biggest moves midday: Peloton, Tesla, Viasat, Wells Fargo, Box and more
These are the stocks posting the largest moves midday.

CNBC Business
Oct 03, 2022

Why you should be wary of investing advice from celebrities like Kim Kardashian
Like all things on social media, not all of the 'expert' financial advice you see is necessarily true or right for you.

CNBC Business
Oct 03, 2022

3 takeaways from our daily meeting: Stocks jump, two trades and Club names in the news
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CNBC Business
Oct 03, 2022

General Motors says sales rose 24% in the third quarter
GM said it sold 555,580 vehicles from July through September, up from 447,000 a year earlier.

CNBC Business
Oct 03, 2022

Norwegian Cruise Line ends all Covid-19 testing, masking and vaccination requirements
Norwegian Cruise Line announced Monday that it will suspend all Covid-19 testing, masking and vaccination requirements effective this week.

CNBC Business
Oct 03, 2022

Ocean freight orders are signaling a big drop in consumer demand
Maritime shipping orders were down 20% in September and October looks similar as consumer demand drops and carriers cancel as many as half of vessels sailings.

CNBC Business
Oct 03, 2022

Firefly's successful rocket launch over the weekend helps fill a big gap in the market, CEO says
Firefly is the fifth U.S. rocket builder to reach orbit in the past 15 years — joining a select group that includes SpaceX, Rocket Lab, Virgin Orbit and Astra.

CNBC Business
Oct 03, 2022

Here's how advisors are helping clients slash their 2022 tax bill
Looking for smart year-end tax planning ideas? Consider one of these three strategies from financial advisors.

CNBC Business
Oct 03, 2022

Peloton will put bikes in every Hilton-branded hotel in the U.S.
Peloton will put bikes in all 5,400 Hilton-branded hotels in the U.S., the company announced Monday.

CNBC Business
Oct 03, 2022

Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram
Reality TV star Kim Kardashian agreed to cooperate with an ongoing investigation by the SEC as she settled charges she unlawfully touted a crypto asset.

CNBC Business
Oct 03, 2022

Disney executive Kareem Daniel joins McDonald's expanding board
Daniel's appointment is part of a broader shakeup of the fast-food giant's board this year.

CNBC Business
Oct 03, 2022

5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day.

CNBC Business
Oct 03, 2022

Denver's most expensive home lists for $28.9 million and features a stunning charred wood treatment
The estate, which sits in the affluent Cherry Hills Village neighborhood about 11 miles from downtown Denver, spans a total of almost 16,500 square feet.

CNBC Business
Oct 02, 2022

Search and rescue efforts underway in Florida after 'catastrophic' hurricane
Search and rescue efforts are underway in Florida after a devastating Category 4 hurricane made landfall Wednesday.

CNBC Business
Oct 02, 2022

Toyota CEO Akio Toyoda talks about why he isn't all-in on EVs — and what made him do a 'happy dance'
Akio Toyoda said last week he would like his legacy to be "I love cars." But how he will be remembered for all-electric vehicles is still being determined.

CNBC Business
Oct 02, 2022

Who needs another subscription service? Walmart is betting its millions of customers do
Walmart members tend to be more affluent than the average Walmart shopper, but 1 in 4 members receives government-provided food assistance.

CNBC Business
Oct 01, 2022

Monkeypox eradication unlikely in the U.S. as virus could spread indefinitely, CDC says
The CDC, in a report, said monkeypox could spread indefinitely at a low level in the U.S.

CNBC Business
Oct 01, 2022

Sorry, hard seltzer — beer companies are into canned cocktails now
Canned cocktails are making a splash. Beer companies, drawing from previous success with hard seltzer, are getting in on the craze.

CNBC Business
Oct 01, 2022

Here's how a recession could hurt - or help - unions at big companies like Starbucks and Amazon
Working conditions during the pandemic pushed many workers to organize — but fears about a potential recession could curb the union boom.

CNBC Business
Oct 01, 2022

Dodge tries to convert its muscle car fans from V-8 engine to EV
Dodge has built a reputation over the last decade as a maker of muscle cars and performance cars. Now it is trying to hold on to that image in an electric era.

CNBC Business
Sep 30, 2022

Cramer's lightning round: nLight is not a buy
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
Sep 30, 2022

Cramer's week ahead: 3 events will determine if the market's bad momentum will continue in October
He also previewed next week's slate of earnings.

CNBC Business
Sep 30, 2022

Charts suggest it's ‘way too early' to expect the stock market to rebound, Jim Cramer says
"Unlike him, I also believe we could get a sharp spike up, but, for our Charitable Trust, if that happens we're going to have to do some selling," he added.

CNBC Business
Sep 30, 2022

Ford's stock is up 70% since Jim Farley became CEO - but he still has a ton of work to do
Ford's stock achieved decades-high prices of more than $25 a share under CEO Jim Farley, but it's fallen in recent months.

CNBC Business
Sep 30, 2022

Wall Street took a close look at Disney and Microsoft. Here's our take
Wall Street put Walt Disney (DIS) and Microsoft (MSFT) under the microscope this week, two Club holdings we're sticking with for the long run.

CNBC Business
Sep 30, 2022

Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
The deal comes weeks after Third Point took a new stake in Disney valued at about $1 billion and urged the media company to spin out ESPN.

CNBC Business
Sep 30, 2022

Digital World CEO urges Donald Trump to push shareholders to vote on merger delay
Patrick Orlando, CEO of Digital World Acquisition Corp. urged Donald Trump and Truth Social boss Devin Nunes to publicize the shareholder vote on the merger.

CNBC Business
Sep 30, 2022

EV and self-driving stocks fell nearly 15% in September, their second-worst month on record
The Global X Autonomous and Electric Vehicles ETF ended September sharply lower as lidar makers, EV companies and auto giants all sold off amid economic fears.

CNBC Business
Sep 30, 2022

Carnival shares shed 23% on ballooning costs, dragging cruise stocks lower
Shares of Carnival fell below their pandemic lows Friday after the cruising company posted third-quarter earnings that revealed higher costs.

CNBC Business
Sep 30, 2022

How Gautam Adani became the world's fourth richest person while billionaires like Jeff Bezos lost tens of billions
In 2021, Gautam Adani was not on the top 10 list of the world's richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No. 4.

CNBC Business
Sep 30, 2022

American homebuyers are finding UK bargains, discounted by a weaker pound
Prices in London are down nearly 20% over the past year as a result of price declines and currency impact, according to global consulting group Knight Frank.

CNBC Business
Sep 30, 2022

What Nike's earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike provides valuable insights for Club stocks Apple, Starbucks and TJX Companies.

CNBC Business
Sep 30, 2022

Ohio reports third U.S. death of person with monkeypox who had underlying health conditions
The CDC has warned that people with severely compromised immune systems are higher risk for severe disease from monkeypox.

CNBC Business
Sep 30, 2022

Unions could face a big obstacle in 2023 if the economy falls into a recession
Working conditions during the pandemic pushed many workers to organize — but fears about a potential recession could curb the union boom.

CNBC Business
Sep 30, 2022

These are the best ways to give to charity for the 'vast majority of people.' Here's how to pick the most tax-efficient strategy
If you're planning a charitable gift for 2022, here's how to decide on the most tax-efficient strategy.

CNBC Business
Sep 30, 2022

Silicon Valley billionaires square off over support for Trump and the MAGA movement
Business executives deploying millions of dollars in political donations to shape midterm results

CNBC Business
Sep 30, 2022

3 takeaways from our daily meeting: Still oversold, picking at chip stocks, Club names in the news
The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

CNBC Business
Sep 30, 2022

Ford's stock is up more than 70% since Jim Farley became CEO - but he still has a ton of work to do
Ford's stock achieved decades-high prices of more than $25 a share under CEO Jim Farley, but it's fallen in recent months.

CNBC Business
Sep 30, 2022

Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise
These are the stocks posting the largest moves in midday trading.

CNBC Business
Sep 30, 2022

Carnival shares shed 20% on ballooning costs, dragging cruise stocks lower
Shares of Carnival fell below their pandemic lows Friday after the cruising company posted third-quarter earnings that revealed higher costs.

CNBC Business
Sep 30, 2022

'Day Without Us' protesters walk out over abortion-rights reversal, days before Supreme Court returns
People across the country skipped work on Friday to protest the Supreme Court's Dobbs decision that overturned Roe v. Wade and the federal right to an abortion.

CNBC Business
Sep 30, 2022

'Day Without Us' protesters walk out over abortion rights reversal, days before Supreme Court returns
People across the country skipped work to protest the Supreme Court's Dobbs decision which overturned Roe v. Wade and the federal right to an abortion.

CNBC Business
Sep 30, 2022

Photos show the catastrophic impact of Hurricane Ian
Photos show the devastation and floods Hurricane Ian left behind in southwest Florida —damaging homes, blocking crucial roadways, and leaving many trapped.

CNBC Business
Sep 30, 2022

The union push could face a big obstacle in 2023 if the economy falls into a recession
Working conditions during the pandemic pushed many workers to organize — but fears about a potential recession could curb the union boom.

CNBC Business
Sep 30, 2022

Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others
These are the stocks posting the largest moves before the bell.

CNBC Business
Sep 30, 2022

5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day.

CNBC Business
Sep 30, 2022

There are no American F1 drivers. McLaren CEO Zak Brown has a theory about that
"The talents are there, the resources are there. It's really about when and where they get started and to get into Formula One," Brown told CNBC.

CNBC Business
Sep 29, 2022

Jim Cramer says this ‘trifecta' needs to see dampening inflation for the Fed to stop raising rates
He added that while the stock market will continue to experience pain, it shouldn't scare investors away from making carefully selected purchases.

CNBC Business
Sep 29, 2022

Cramer's lightning round: Charles River is a buy
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
Sep 29, 2022

Jim Cramer says this ‘trifecta' of prices needs to ease for the Fed to beat inflation
He added that while the stock market will continue to experience pain, it shouldn't scare investors away from making carefully selected purchases.

CNBC Business
Sep 29, 2022

CarMax's earnings miss is a win in the Fed's battle against inflation, Jim Cramer says
One factor that showcases the used car market's downturn is a decline in vehicle prices, according to Cramer.

CNBC Business
Sep 29, 2022

Nike shares fall as overstocked inventory weighs on earnings
Nike said its revenue rose in its fiscal first-quarter despite supply-chain volatility, while swollen inventories weighed on its profit.

CNBC Business
Sep 29, 2022

F1's Max Verstappen says the Singapore race is 'very tough' but he's thrilled about its return
After a two-year hiatus, the Singapore Grand Prix is roaring back this Sunday on a circuit that Oracle Red Bull's Max Verstappen says he's thrilled about.

CNBC Business
Sep 29, 2022

NASA is working with SpaceX to explore a private mission to extend the life of the Hubble telescope
SpaceX and billionaire astronaut Jared Isaacman is teaming up with NASA to examine whether a private mission could extend the life of the Hubble telescope.

CNBC Business
Sep 29, 2022

Nike sales rise, but supply chain issues and inventories weigh on earnings
Nike said its revenue rose in its fiscal first-quarter despite supply-chain volatility, while swollen inventories weighed on its profit.

CNBC Business
Sep 29, 2022

Disney names Alisa Bowen president of Disney as it prepares to launch ad tier
Alisa Bowen has been tapped to take on the top mantle of the Disney subscription service.

CNBC Business
Sep 29, 2022

Phil Collins, Genesis bandmates sell music rights in bundle deal — but Peter Gabriel isn't involved in it
The deal involving Phil Collins and Genesis comes after similar deals involving Bob Dylan and Bruce Springsteen.

CNBC Business
Sep 29, 2022

Toyota CEO doubles down on EV strategy amid criticism it's not moving fast enough
Toyota CEO Akio Toyoda said Thursday the company will move forward with plans to offer an array of so-called electrified vehicles for the foreseeable future.

CNBC Business
Sep 29, 2022

Phil Collins, Genesis bandmates sell music rights in bundle deal - but Peter Gabriel isn't involved in it
The deal involving Phil Collins and Genesis comes after similar deals involving Bob Dylan and Bruce Springsteen.

CNBC Business
Sep 29, 2022

New York expedites efforts to ban the sale of new gas cars by 2035
New York Gov. Kathy Hochul announced she is ordering state regulators to move forward on establishing a ban on gas powered cars by 2035.

CNBC Business
Sep 29, 2022

'It's just an arms race.' How to make the most of Amazon's next 'Prime Day' sale and Target's 'Deal Days'
Early sales events can be a great opportunity to save money on holiday gifts at a time when consumers feel cash-strapped.

CNBC Business
Sep 29, 2022

3 takeaways from our daily meeting, including buying some Disney and looking at Club movers
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CNBC Business
Sep 29, 2022

Hurricane Ian is a reminder for all homeowners to check their insurance coverage for natural disasters
Whether your house is in an area prone to hurricanes, tornadoes, flooding, hail or wildfires, it's important to know what your insurance covers or excludes.

CNBC Business
Sep 29, 2022

We're holding our noses in a tough market and adding to an underappreciated stock
While the outlook for the economy remains highly uncertain, we're making one small buy in a position we've been itching to add to.

CNBC Business
Sep 29, 2022

PGA Tour countersues LIV Golf in escalating antitrust fight
The PGA Tour filed a countersuit against LIV Golf late Wednesday, alleging that the Saudi-backed upstart league is guilty of anti-competitive practices.

CNBC Business
Sep 29, 2022

Summer's over, but the European travel season isn't
Airlines aren't pulling back on U.S.-Europe capacity the way they did in 2019, before the Covid pandemic.

CNBC Business
Sep 29, 2022

Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons
Bed Bath & Beyond chalked up the sales decline to tough year-over-year comparisons and pointed to initiatives to drive growth in the coming months.

CNBC Business
Sep 29, 2022

Lordstown Motors begins production of its Endurance electric pickup truck
Lordstown said it's on track to build about 50 of its electric Endurance pickups for customers by year-end.

CNBC Business
Sep 29, 2022

Citroen announces EV concept which uses recycled cardboard and has a top speed of 68 mph
Citroen says vehicle has a target weight of roughly 1000 kilograms, or one metric ton.

CNBC Business
Sep 29, 2022

Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan
Bed Bath & Beyond's results didn't reflect the struggling, debt-laden retailer's turnaround plan, which it announced in August.

CNBC Business
Sep 29, 2022

Peloton will sell Bikes, Treads at Dick's Sporting Goods in its first brick-and-mortar partnership
Dick's Sporting Goods will begin selling Peloton equipment, the companies announced Thursday morning.

CNBC Business
Sep 29, 2022

Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more
These are the stocks posting the largest moves before the bell.

CNBC Business
Sep 29, 2022

5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.

CNBC Business
Sep 29, 2022

Ian weakens to tropical storm after making landfall in Florida as a category 4 hurricane
The storm made landfall over the west coast of Florida as a category 4 storm on Wednesday afternoon, according to the National Hurricane Center.

CNBC Business
Sep 29, 2022

U.S., South Korea are working to 'rectify the problems' on EV subsidies, South Korea trade minister says
South Korean officials have established a "bilateral engagement channel" with U.S. counterparts to resolve issues stemming from the Inflation Reduction Act.

CNBC Business
Sep 29, 2022

Porsche shares rise in landmark Frankfurt debut
The original range for the non-voting preferred shares was set between 76.50 euros and 82.50 euros in a prospectus released Sept. 19.

CNBC Business
Sep 29, 2022

Vestas launches 'world's tallest onshore tower for wind turbines'
Towers are crucially important components of a wind turbine.

CNBC Business
Sep 29, 2022

Hurricane Ian weakens to category one storm after making landfall in Florida
The storm made landfall over the west coast of Florida as a category 4 storm on Wednesday afternoon, according to the National Hurricane Center.

CNBC Business
Sep 29, 2022

India's startup market may be behind China's, but it has 'tremendous potential,' says Facebook co-founder
India's startup market is worth betting on, though it's still "a few years" behind China's, Facebook co-founder Eduardo Saverin said.

CNBC Business
Sep 28, 2022

Cramer's lightning round: Wolfspeed is not a buy
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

CNBC Business
Sep 28, 2022

Charts suggest it's time to 'hold your nose and buy something,' Jim Cramer says
"You've got to hold your nose and buy something, even if it makes you want to puke. History says it's the right call," he said.

CNBC Business
Sep 28, 2022

McDonald's owners group says company rejected request to delay big changes to franchise system
McDonald's rejected restaurant owners' request to delay new changes to its franchise policies, according to a letter viewed by CNBC.

CNBC Business
Sep 28, 2022

Jim Cramer says Wednesday's market rally was ‘based on a dream'
Stocks rose on Wednesday as the Bank of England said it will buy back bonds to stabilize the currency market.

CNBC Business
Sep 28, 2022

Supreme Court confirms public can attend hearings in October for first time since Covid lockdown of March 2020
The Supreme Court shut down public access to hearings in early 2020 at the beginning of the coronavirus pandemic.

CNBC Business
Sep 28, 2022

Hurricane Ian makes landfall in southwest Florida, bringing destructive floods and wind
Rainfall could top more than 18 inches, and storm surges could push as much as 18 feet of water over nearly 100 miles of coast.

CNBC Business
Sep 28, 2022

Ford's fundamentals remain strong, despite CEO's recession worries, productions snags
The Investing Club thinks Ford (F) has what it takes to navigate macroeconomic headwinds and supply disruptions.

CNBC Business
Sep 28, 2022

2-time Oscar winner Tom Hanks says he's made 4 'pretty good' movies in his 40-year career
The 66-year-old Hanks says that it's a "miracle" that any movie makes it through the "confounding" production process.

CNBC Business
Sep 28, 2022

Here's why Biogen's promising Alzheimer's drug data is also good news for Eli Lilly
We don't own Eli Lilly exclusively for its potential Alzheimer's treatment. However, we still find Biogen's topline data to be very encouraging for Lilly.

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