Steve Wynn‘s reputation will likely not recover if sexual harassment allegations check out, said veteran Las Vegas reporter Jon Ralston. “There is no bigger name in the casino business than Steve Wynn,” said Ralston, who has been covering business and politics in Nevada for 30 years and has interviewed Wynn […]
CNBC News
Cramer Remix: The 115-year-old 3M is still getting it right
When CNBC’s Jim Cramer wants to remind himself what a fabulous quarter looks like, he goes back to the earnings reports from manufacturing colossus 3M. “Every earnings season, 3M, the old Minnesota Mining & Manufacturing, puts on a clinic, showing you exactly how it’s done,” the “Mad Money” host said. […]
Apple should blend all its most ambitious projects into a smart contact lens
My editor recently asked me to imagine Apple’s 20-year vision. I can’t read Tim Cook‘s mind. But if I were the CEO of Apple, my vision would be just that — it would, literally, be my vision. Many people see the future of technology as a world where we are […]
Former MLB star A-Rod bets big on real estate, tech and financials
When it comes to investing, former Major League Baseball star Alex Rodriguez likes to get advice from his daughter. “When the market is going up and down I ask my 9-year-old, I say, ‘Ella, do you think Facebook, do you think Instagram is going to be really good?’ She goes, […]
Head of esports scholarship program is bullish on competitive gaming, but not with games like NBA 2K
When Mark Deppe, the acting director for University of California, Irvine’s esports program, thinks of esports, he doesn’t think of traditional sports games like NBA 2K. It may sound ironic, but compared to high-profile competition games like Overwatch and League of Legends, Take-Two Interactive’s basketball-themed series doesn’t stack up, Deppe […]
Top VC deals: Amazon buys Sqrrl, Facebook buys Confirm.io and more women are raising funds
Here’s a roundup of the most important deals in venture capital from the past week. Facebook acquired Confirm.io, a Boston-based start-up that helps businesses run identity authentication checks on government issued ID’s. If Facebook fully integrates Confirm.io’s “biometric identity authentication” APIs into its own platform, it may become easier for […]
Regulators and investors ‘are just waking up’ to cryptocurrency, blockchain co-chair has some advice
Regulators and investors alike are just beginning to understand what cryptocurrency is, says Jamie Smith, president of the Global Blockchain Business Council. The organization helps regulators understand blockchain technology and other cryptocurrencies. “What concerns me is that there are so many regulators, not just in the United States, but all […]
Cramer says the market’s other FANG is a great growth play on oil
With a weak dollar pushing oil prices higher than they’ve been in months, CNBC’s Jim Cramer checked in on one oil stock that has become the trade of the town on Wall Street. “As the price of crude has come roaring back to the mid-$60s … thanks to surging worldwide […]
Cramer’s game plan: Welcome to the Super Bowl of earnings
This year, the week of the Super Bowl coincides with the week of the Super Earnings Bowl for CNBC’s Jim Cramer. “Even as President Trump made the pitch for doing business in America at Davos, it’s the earnings that are front and center,” the “Mad Money” host said. Without further […]
Bombardier CEO stands by Alabama production plan after trade win over Boeing
CEO Alain Bellemare said Bombardier still plans to move forward with an Alabama assembly line, after it escaped duties of nearly 300 percent when it won a bitter trade dispute with Boeing on Friday. In a surprise ruling, the U.S. International Trade Commission, a government agency, on Friday rejected Boeing’s […]