CNBC News

Marc Lore, the head of Walmart‘s e-commerce division, said he’s “absolutely not” leaving the company. Lore spoke to CNBC Wednesday after a report surfaced that the Jet.com founder was considering stepping down from his new post. Lore has spent a little more than a year at Walmart now and is […]

The U.S. supermarket chain Tops Markets filed for bankruptcy on Wednesday, saying an unsustainable debt load, falling food prices and stiff competition from Amazon and other low-cost rivals forced it to reorganize. Tops said it expects the 169 stores it operates in upstate New York, Pennsylvania and Vermont to remain […]

The top trending video on YouTube Wednesday morning advanced a burgeoning conspiracy theory that a survivor of last week’s shooting at a Florida high school was a “crisis actor.” maxwell tweet By 11 a.m., the video had been removed from YouTube — but could still be viewed on other sites. […]

If you’ve thought about squirreling away cash from your side gig and hiding it from the Internal Revenue Service, you are not alone. A recent study by Credit Karma Tax showed that 6 percent of about 2,000 people polled fessed up to fibbing on their taxes. “We found that most […]

President Donald Trump, who ran as a gun-rights advocate, has started to publicly discuss tighter restrictions on firearms following the massacre of 17 people at a Florida high school last week. So far he has proceeded carefully, balancing a desire to take action with a desire to keep his political […]

If you feel confused or overwhelmed during tax season, you’re not alone. According to a new report from NerdWallet, there’s a lot of uncertainty when it comes to tax-saving strategies, income tax brackets and the new tax bill in general. And more than half of Americans can’t define a key […]

President Donald Trump slammed the attorney general on Wednesday, calling on his more than 48 million Twitter followers to “ask Jeff Session” why the Obama administration is not the focus of the special counsel’s Russia probe. “If all of the Russian meddling took place during the Obama Administration,” Trump rhetorically […]

J.P. Morgan Chase unveiled plans Wednesday to replace its existing New York headquarters with a new 2.5-million-square-foot complex in the same location on Park Avenue. The bank said it is recommitting to New York City with the project. Construction begins next year, and eventually the new building will house 15,000 […]

The biggest problem with Apple‘s new HomePod speaker isn’t just that it’s trapped inside Apple’s walled garden — it’s also not tied into Apple’s ecosystem very well. One big weakness is that it doesn’t currently support stereo sound or multi-room playback. And new evidence spotted by 9to5Mac on Tuesday suggests […]

A second year of slowing growth in the U.S. auto market is forcing Japanese automakers to look beyond discounts to grow market share and focus more on boosting profitability in their largest market. Global automakers have been battling for dominance in the world’s No. 2 market as annual sales continue […]