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Finance
Steve Jobs’ former intern reflects on working for the tech mogul: ‘I worked 20 yards away from him every…
Chet Kapoor, chairman and CEO of DataStax.DatastaxAs a teen, Chet Kapoor dreamed of working for tech mogul Steve Jobs.One day, that dream became a reality when Kapoor was hired as…
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019.Anthony Kwan | Bloomberg | Getty…
Stock market news for May 16, 2024: Dow 40,000
The Dow Jones Industrial Average closed slightly lower Thursday after briefly jumping above 40,000 for the first time.At its high of the day, the blue-chip average reached…
Wayfair to open its first large store, as physical locations make a comeback
Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former Walmart…
Here’s the deflation breakdown for April 2024 — in one chart
Oscar Wong | Moment | Getty ImagesInflation is higher than policymakers would like across the broad U.S. economy. Yet, there are many sectors seeing the opposite dynamic:…
Why Jim Cramer says Costco is the ‘stock to buy off of’ Walmart’s big quarterly beat
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of key moments. The Dow on Thursday topped 40,000 for…
Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud
Barbara Furlow-Smiles attends the 2020 Sisters' Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California.Robin L. Marshall | Getty ImagesA former diversity…
Canada Goose jumps 16% after the company reports growth in China
Chris So | Toronto Star | Getty ImagesShares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced it was expecting…
Eli Lilly falls on a rival’s obesity study — plus, we’re removing 3 stocks from our watchlist
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We're…