Samsung logo at store in Shanghai. A South Korean multinational conglomerate. Alex Tai | SOPA Images | LightRocket | Getty Images Samsung Electronics said on Tuesday that its operating profit for the three months that ended in September likely dropped by more than half from a year ago. Operating profit […]
CNBC News
Where the US-Japan trade deal falls short of Trans-Pacific pact abandoned by Trump
U.S. President Donald Trump on Monday called his new trade deal with Japan “a game changer for our farmers and our ranchers.” But don’t expect America’s Land O’Lakes butter to knock New Zealand’s Anchor or France’s President brands off store shelves in Japan, the world’s third-largest economy. Butter is one […]
Stocks making the biggest moves after hours: American Airlines, Qiagen, Ambarella and more
An American Airlines Boeing 737-800 plane takes off from Los Angeles International airport. Mike Blake | Reuters Check out the companies making headlines after the bell: Shares of American Airlines dipped 1.65% during extended trading after authorities in Miami forcibly removed a man on a flight to Newark, New Jersey […]
Tune out the bears — We can ‘make it through a garden-variety slowdown,’ Jim Cramer says
When bearish investors and short-sellers complain that the Federal Reserve has rigged the market to go higher, “tune them out,” CNBC’s Jim Cramer said Monday. “These people come out of the woodwork every time the Fed cuts interest rates,” the “Mad Money” host said. “I’ve been hearing this same nonsense […]
Former Trump officials dined with Zelensky reps at Trump hotel months before phone call
The Trump International Hotel, Washington D.C. Janhvi Bhojwani | CNBC Before President Donald Trump’s controversial phone call with the president of the Ukraine, Volodymyr Zelensky’s closest advisors established contact with Washington, D.C., power players, including former senior administration officials. Prior to their election victory on April 21, Zelensky’s campaign hired […]
Polls begin to signal rising impeachment threat to Trump
President Donald Trump speaks during news conference with Finnish President Sauli Niinisto in the East Room of the White House, Wednesday, Oct. 2, 2019, in Washington. Evan Vucci | AP Modern polling usually tells us how public opinion hasn’t moved. Despite last week’s hailstorm of bad news, President Donald Trump’s […]
Trump’s updated China blacklist slams shares of chipmaker Ambarella
Fermi Wang, CEO, Ambarella Justin Solomon | CNBC Shares of chipmaker Ambarella fell as much as 12% in extended trading on Monday after one of its Chinese customers, video surveillance company Hikvision, was blacklisted by the U.S. government. Hikvision was one of 28 companies the Commerce Department added to the […]
Chipmaker Ambarella plunges 12% after Trump administration blacklists a Chinese customer, Hikvision
Fermi Wang, CEO, Ambarella Justin Solomon | CNBC Shares of chipmaker Ambarella fell as much as 12% in extended trading on Monday after one of its Chinese customers, video surveillance company Hikvision, was blacklisted by the U.S. government. Hikvision was one of 28 companies the Commerce Department added to the […]
WWE star John Cena says he’s never taken a vacation and will never retire
John Cena has been a professional wrestler with World Wrestling Entertainment (WWE) since 2002. Now, at 42, Cena told NBC’s “Sunday Today” that he has no plans to retire from the franchise. “I will never walk away from the WWE,” Cena told Willie Geist on NBC’s “Sunday Today.” But that […]
Southwest Airlines pilots sue Boeing over 737 Max grounding
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images Southwest Airlines‘ pilots filed a suit against Boeing on Monday, saying the aircraft manufacturer misled the […]