CNBC’s Jim Cramer reacts to the Trump administration’s move to consider stopping U.S. investors from investing into China’s businesses and debriefs the 2019 class of IPOs. The “Mad Money” host makes recommendations for investors who are worried about the future of the American health care system. He holds an interview […]
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Amid controversy, Kurt Volker, Trump’s envoy to Ukraine, resigns, sources say
Kurt Volker, US Department Special Representative for Ukraine speaks during a press conference about US-Ukrainian relations in Kiev. The US delegation headed by the Special Representative of the United States Department of State for Ukraine, Kurt Volker on a working visit to the village of Stanytsia Luhanska in Luhansk region […]
Trump’s envoy to Ukraine resigns amid impeachment inquiry
Kurt Volker, US Department Special Representative for Ukraine speaks during a press conference about US-Ukrainian relations in Kiev. The US delegation headed by the Special Representative of the United States Department of State for Ukraine, Kurt Volker on a working visit to the village of Stanytsia Luhanska in Luhansk region […]
Docker, once worth $1 billion, tells staff it’s trying to raise cash amid ‘significant challenges’
Docker employees Docker Docker, a one-time highflier in business software that reached a $1 billion valuation in 2015, is struggling mightily these days as it tries to raise some much-needed capital. Rob Bearden, who was named CEO in May, wrote an email to employees this week thanking them for “persevering […]
Tesla violated labor laws by blocking union organizing, judge rules
SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Tesla must reimburse workers and hold a public meeting in its factory explaining how it broke labor laws after unfairly preventing employees from unionizing, […]
GoodRx co-CEO explains how its new service helps patients access medical care for just $20
Digital pharmacy GoodRx is now helping patients do more than just price shop for prescription drugs, co-founder and co-CEO Doug Hirsch told CNBC’s Jim Cramer on Friday. It’s going directly into the world of medical services by launching GoodRx Care, which allows people to see a board-certified physician for a […]
Jim Cramer: These foreign drug stocks are worth betting on over domestics
CNBC’s Jim Cramer on Friday said investors who are worried about domestic drug stocks have a good chance picking among foreign ones. The “Mad Money” host called AstraZeneca in the United Kingdom, GlaxoSmithKline in the U.K. and Novartis in Switzerland buys. “If you want big pharma exposure, with fewer headaches […]
Former Fed Chair Yellen says central bank is being too ‘optimistic’ about US economy
U.S. Federal Reserve Board Chairwoman Janet Yellen Win McNamee | Getty Images WASHINGTON — The Federal Reserve’s estimates for long-term economic growth may be a bit too positive, former Fed Chair Janet Yellen said Friday. The central bank kept the median estimate for long-term growth at 1.9% earlier this month. […]
Jim Cramer’s week ahead: We need more downside before I’m ready to get more positive
The stock market got hit with a double whammy on Friday coming from a glut of new public offerings and a threat from the White House to limit U.S. investments in China, CNBC’s Jim Cramer said. The “Mad Money” host said “busted deals” such as Peloton, SmileDirectClub, Lyft and Uber […]
Oracle discloses $40 million stake in chip start-up founded by former Intel president Renee James
President of Intel Corporation Renee James. Getty Images Oracle disclosed on Friday that earlier this year it invested $40 million in a start-up founded and run by Renee James, an Oracle board member. The company, Ampere Computing, develops microprocessors for cloud servers. James, who previously spent 28 years at Intel, […]