US Secretary of Education Betsy DeVos attends the “Getting America’s Children Safely Back to School” event in the State Room of the white House in Washington, DC, on August 12, 2020. NICHOLAS KAMM/AFP via Getty Images U.S. Department of Education Secretary Betsy DeVos announced on Friday that the payment pause […]
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Apple offers free fix for iPhone 11 devices that no longer respond to touch
iPhone 11 Todd Haselton | CNBC Apple said on Friday that it will repair some iPhone 11 devices that don’t respond to touch. The affected devices were manufactured between November 2019 and May 2020, and the issue affects a “small percentage” of display modules, Apple said. The replacement program doesn’t […]
Cramer’s week ahead: Next week may be difficult for the markets without stimulus progress
The stock market’s next move hinges on the state of coronavirus stimulus talks in Washington, CNBC’s Jim Cramer said Friday. “If the Democrats and Republicans in Congress can make a stimulus deal over the weekend, this market can indeed keep running,” the “Mad Money” host said. “Without some progress in […]
U.S. sells more than $175 billion in weapons to foreign governments, nearly 3% higher than last year
An F/A-18E Super Hornet assigned to the Stingers of Strike Fighter Attack Squadron (VFA) 113 takes off from the flight deck of the aircraft carrier USS Theodore Roosevelt. Source: US Navy WASHINGTON — The U.S. sold $175 billion in weapons to foreign governments in the fiscal year that ended Sept. […]
Inside AT&T’s WarnerMedia as it dismantles the old Time Warner to battle Netflix
Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters In December 2018, John Stankey sat down with HBO CEO Richard Plepler and his leadership team. Stankey, the AT&T veteran running WarnerMedia at the time, was meeting with division heads to hear ideas on how […]
Gatorade gets cross-over appeal with Trail Blazers star and hip-hop artist Damián Lillard
Another top star in the National Basketball Association will be endorsing sports drink maker Gatorade — but this one is a budding music star as well. Damián Lillard, the Portland Trail Blazers’ superstar guard, agreed to an endorsement deal with PepsiCo‘s Gatorade, the company announced on Friday. Gatorade will use […]
About 150 Cadillac dealers take GM buyouts rather than invest in EVs
General Motors released this teaser image of an illuminated Cadillac crest on the front of the Lyriq ahead of the crossover’s debut. GM DETROIT – About 150 General Motors dealers have accepted buyouts and will stop selling Cadillacs as the Detroit automaker pivots the luxury brand to lead its all-electric […]
Ford delaying Bronco SUV to summer 2021 due to Covid-related issues
2021 Ford Bronco Source: Ford DETROIT – Ford Motor is delaying the launch of its upcoming Bronco SUV from spring to summer of next year due to coronavirus-related problems in its supply chain, the company told its dealers Friday afternoon. Customers who had reserved vehicles were expected to begin the […]
Bitcoin surges higher, and the IRS wants to know who’s cashing out: CNBC After Hours
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, we break down a potential new law that could force major Chinese companies like Alibaba to delist from U.S. stock exchanges. Plus, CNBC’s Sharon Epperson explains why anyone who tries to cash out on bitcoin’s record […]
Trump loyalists Corey Lewandowski and David Bossie appointed to Pentagon business board
Former campaign senior adviser Of U.S. president Donald Trump, Corey Lewandowski speaks to media to demand a fair count of the votes of the 2020 U.S. presidential election, in Philadelphia, Pennsylvania, U.S., November 5, 2020. Eduardo Munoz | Reuters WASHINGTON — Acting Secretary of Defense Christopher Miller dismissed nine Defense […]