Pacific Gas and Electric (PG&E) workers remain at the scene of a three-alarm fire that started after a construction crew hit a gas line on February 7, 2019 in San Francisco, California. Justin Sullivan | Getty Images Power provider PG&E Corp‘s unit said on Tuesday it would cut off power […]
CNBC News
Everything Jim Cramer said on ‘Mad Money,’ including China blacklist, Domino’s earnings, S&P 500 run
CNBC’s Jim Cramer warns that the U.S. Commerce Departments move to ban more Chinese enterprises from doing business with American enterprises spells bad news for U.S.-China trade talks. The “Mad Money” host checks in with Domino’s Pizza CEO Ritch Allison to get a read on delivery competition after the company’s […]
Aramco IPO prospectus expected to be filed by end of the month, report says
A damaged pipeline is seen at Saudi Aramco oil facility in Khurais, Saudi Arabia, September 20, 2019. Hamad Mohammed | Reuters Saudi Aramco, the world’s biggest oil producer, is expected to file its IPO prospectus by the end of the month, people familiar with the matter told the Wall Street […]
Stocks in Asia decline amid US-China trade uncertainty
Stocks in Asia traded lower Wednesday afternoon amid growing uncertainty over the high-level trade negotiations between the U.S. and China due to commence later this week. Mainland Chinese stocks declined by the afternoon, with the Shanghai composite down 0.14% and Shenzhen component declining 0.54%. The Shenzhen composite also slipped 0.347%. […]
Stocks in Asia set to trade lower amid US-China trade uncertainty
Stocks in Asia were set to trade lower on Wednesday amid mounting uncertainty on the U.S.-China trade front ahead of expected high level negotiations between the two economic powerhouses later this week. Futures pointed to a lower open for Japanese shares. The Nikkei futures contract was at 21,355 and its […]
Stocks in Asia mixed amid US-China trade uncertainty
Stocks in Asia were mixed on Wednesday amid growing uncertainty over the high-level trade negotiations between the U.S. and China due to commence later this week. Mainland Chinese stocks recovered from an earlier slip to rise on the day, with the Shanghai composite up 0.39% to around 2,924.86 and Shenzhen […]
Stocks in Asia slip amid US-China trade uncertainty
Stocks in Asia traded lower Wednesday morning amid growing uncertainty over the high-level trade negotiations between the U.S. and China due to commence later this week. Mainland Chinese stocks declined in early trade, with the Shanghai composite down about 0.5% and Shenzhen component declining 0.65%. The Shenzhen composite also slipped […]
Jury says J&J must pay $8 billion in case over male breast growth linked to Risperdal
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. MARK RALSTON/AFP/Getty Images Johnson & Johnson must pay $8 billion in punitive damages to a man who previously won $680,000 over his claims that it failed to warn that young men […]
‘Timing couldn’t have been worse’ for the Trump administration to issue bans on China: Jim Cramer
CNBC’s Jim Cramer on Tuesday said that “timing couldn’t have been worse” for the Trump administration to add dozens more Chinese companies to its blacklist. The U.S. Commerce Department announced that it placed an additional 28 firms on the so-called Entity List that American enterprises are banned from doing business […]
The market is losing hope for a US-China trade deal — 2 experts weigh in
It is highly unlikely that a comprehensive U.S.-China trade deal emerges from this week’s negotiations, analysts told CNBC on Tuesday. In fact, recent events — including the NBA controversy, reports of possible financial restrictions and the blacklisting of some Chinese tech companies — are making it even less likely, they […]