The National Rifle Association has announced that retired Marine Lt. Col. Oliver North is poised to become the gun lobbying group’s next president. North is a popular speaker before the group and brings star power at a time when gun-control advocates seek to seize on momentum against the gun lobby […]
CNBC News
Hawaiian volcano destroys dozens of homes with ‘no sign of things slowing down’
Talmadge Magno, the Hawaii County Civil Defense administrator, told CBS News that there were “no signs of things slowing down.” “That’s the sad part about it,” Magno said. “It could be happening for a long time, or on the other hand, like I said, mysteriously it could just end.” Earthquake […]
Consumer staples have gotten slammed, but it could be the perfect time to buy
Consumer staples kicked off the week with more losses, cementing their status as the worst performers of 2018. Sector weakness has not deterred Chad Morganlander, portfolio manager at Washington Crossing Advisors. “We’ve owned consumer staples and been overweight for the last three years,” Morganlander told CNBC’s “Trading Nation” on Friday. […]
Key primary elections are coming Tuesday: Here are the races to watch
A string of 2018 primary elections take place Tuesday, shaping elections that will help to determine which party holds the House and Senate after November’s midterms. Indiana, North Carolina, Ohio and West Virginia will hold primaries Tuesday. Both West Virginia and Indiana will hold critical Senate elections, while intriguing House […]
China-US relations will define the next 30 years, Microsoft CEO Satya Nadella says
The next 30 years will be defined by China and U.S. relations, Microsoft CEO Satya Nadella said ahead of the company’s annual Build conference. “I think the next 10 years, next 20 years, next 30 years, whatever your time horizon, is going to be defined by these two countries — […]
As China leads the hunt for deep-sea minerals, environmental concerns surface
Nasa may be scouring deep space for signs of life. Elon Musk might be looking to Mars. China‘s scientists have had an eye cast skyward too – but, at the same time, the country seems keenly focused on challenges much closer to home – mineral riches in our oceans. For […]
Pressure rises on Air France as strike forces early CEO exit
Pressure on Air France grew on Monday as its shares fell by more than 10 percent after chief executive Jean-Marc Janaillac said he would resign over the rejection of a pay deal by the airline’s staff. French Finance Minister Bruno Le Maire had urged the airline and its workers to […]
How the man behind Marvel’s ‘Avengers’ went from washing cars to a $1 billion blockbuster
Marvel’s “Avengers: Infinity Wars” has been a box office smash since its release. And the third movie in the Avengers franchise broke a new record this weekend, too, becoming the fastest film to cross the $1 billion mark. “This speedy sprint toward the coveted and exclusive $1 billion club is […]
Warren Buffett tackles the internet’s burning question: Battle 1 horse-sized duck or 100 duck-sized horses?
Warren Buffett faced an infamous internet question on Monday: Would you rather battle one horse-sized duck or 100 duck-sized horses? “I will go out and buy a bunch of ducks that meet the test and horses that meet the test and go have a real life illustration,” Buffett said on […]
Giuliani’s media blitz defending Trump is off to rough start
President Donald Trump’s new attorney, Rudy Giuliani, is off to a rough start in his media blitz defending Trump’s stance toward the special counsel’s Russian investigation and a $130,000 porn star hush payment. Giuliani’s confounding and at times contradictory statements are said to have pleased Trump, exasperated White House aides […]