UAW members on strike outside a GM plant in Flint Michigan on Sept. 16th, 2019. Michael Wayland | CNBC DETROIT – A court in Tennessee has granted General Motors’ request for a temporary restraining order to prevent United Auto Workers members who have been on strike and picketing outside its […]
CNBC News
Federal prosecutors in California reportedly open criminal probe of vaping company Juul
Juul brand vaping pens are seen for sale in a shop in Manhattan in New York City, New York, U.S., February 6, 2019. Mike Segar | Reuters Federal prosecutors in California are conducting a criminal probe into e-cigarette maker Juul, the Wall Street Journal reported Monday. The probe, by the […]
Tesla and Musk hid facts about SolarCity deal and SpaceX involvement, shareholders claim
Elon Musk speaks at SolarCity’s Inside Energy Summit in New York. Rashid Umar Abbasi | Reuters Newly unsealed court documents show why a number of large Tesla investors, including some pension funds, believe its $2.6 billion acquisition of SolarCity in 2016 never should have happened. The documents are an opening […]
Here’s what happened to the stock market on Monday
Dow Jones Industrial Average rises 14 points Decent economic data, supportive Federal Reserve American Express rises, Netflix drops American Express shares rose 1.2% after the credit card company raised its dividend and said it would be buying back 120 million of its shares, which investors took as a vote of […]
Three before you leave — What to watch for in the market Tuesday, including trade deals and Nike
Here are the most important things to know about Tuesday before you hit the door. 1. Recession or not? We’ll get two decent-sized reports on the economy on Tuesday, which will give investors a good idea of whether there’s a recession coming or not. A better-than-feared reading on the manufacturing […]
‘You are failing us,’ teen activist Greta Thunberg tells world leaders at UN Climate Action Summit
Greta Thunberg, a 16-year-old Swedish environmental activist, delivered a powerful message at the United Nations Climate Action Summit on Monday. Thunberg sailed across the Atlantic Ocean from Plymouth, England, to attend the 2019 summit in New York. She began her voyage on Aug. 14 in a yacht equipped with solar […]
GM furloughs 1,200 additional US and Canadian workers as UAW strike enters second week
United Auto Workers members picket outside a General Motors transmission plant on Sept. 18, 2019 in Warren, Mich. Michael Wayland / CNBC DETROIT – General Motors told more than 1,200 workers in the U.S. and Canada they were being temporarily laid off as of Monday due to the United Auto Workers’ […]
Amazon plans Alexa wireless earbuds with fitness-tracking built in, bigger Echo with better sound
Dave Limp, senior vice president of Amazon devices, concludes his presentation of dozens of new Alexa enabled devices and services at The Spheres in Seattle on September 20, 2018. – Grant Hindsley | AFP | Getty Images Amazon is developing a new pair of Alexa-powered wireless earbuds that double as […]
Elon Musk shows off SpaceX’s first Starship rocket as it comes together in Texas
A photo from SpaceX CEO Elon Musk of the company “adding the rear moving fins” to the first Starship rocket in Boca Chica, Texas. @elonmusk SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first of the company’s vehicles coming together […]
This is what Medicare Part D has done to prescription costs
If you’re on Medicare, you’re probably already familiar with Part D, the prescription drug benefit plan. But you may not know exactly how the optional program — which has been available to seniors since 2006 — has affected drug prices. Stigur Karlsson | E+ | Getty Images Today, a majority […]