CNBC News

CVS Health is now offering GlaxoSmithKline‘s new shingles vaccine at its pharmacies nationwide as Shingrix continues to gain momentum. Shingrix is available at all of CVS’ more than 9,800 locations, the drugstore chain said Friday. The rollout comes about a month after the Centers for Disease Control and Prevention recommended […]

Jay Chaudhry grew up in a small Himalayan village, came to the U.S. for graduate school, and started four companies. Chaudhry then put his life savings into a fifth venture, Zscaler, which is set to start trading on Friday on the Nasdaq. A bumped-up 12 million shares of the cloud […]

A typical beer’s alcohol content is between 4 and 8 percent, but if you’re willing to shell out $200 for a bottle, you can try Samuel Adams’ most deluxe beer, which packs a whopping 28 percent alcohol content. “It’s kind of the Starship Enterprise of beer — it takes beer […]

With the market correction barely a month in the rear-view mirror, investors have jumped back into stocks in record numbers. U.S. stock-focused funds took in $38.3 billion in fresh cash over the past week, a new peak that reverses much of the angst over the past several weeks, according to […]

Samsung’s flagship Galaxy S9 and S9+ smartphones hit the shelves on Friday, but the South Korean electronics giant could face one of its toughest years in recent times. In 2017, Samsung’s mobile division managed to grow despite a sluggish market, thanks to the Galaxy S8, which was very different to […]

Alibaba could head to new highs in coming weeks, possibly overtaking records set in late January, says one market watcher. “We have a very strong two-year upturn on Alibaba,” said TradingAnalysis.com founder Todd Gordon said on CNBC’s “Trading Nation” on Thursday. “We’ve yet to eclipse the high in Alibaba so […]

Tiffany & Co reported a 8.5 percent rise in quarterly sales on Friday, boosted by strong demand for its high-end silver and gold fashion jewelry during the holiday shopping season. The company’s net earnings fell to $61.9 million, or 50 cents per share, in the fourth quarter ended Jan. 31, […]

U.S. media company Meredith has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc in January, people familiar with the matter said. The move illustrates how Meredith sees some of Time Inc’s titles that attract primarily […]

Deutsche Post’s DHL said on Thursday it was launching a delivery service for online retailers in eight U.S. cities, as the German logistics company takes a swipe at dominant players UPS and FedEx. Through DHL eCommerce’s Parcel Metro service, first reported by Reuters, contractors will make same-day or next-day deliveries […]

Billionaire Li Ka-shing — Asia’s “superman” — is hanging up his cape after a storied career as one of the most successful businessmen in the region. Li’s rags-to-richest story is well known. Born in 1928 in China’s Guangdong province, Li’s family moved to Hong Kong in the 1940s during the […]