I love images | Cultura | Getty Images As consumers check out Black Friday car deals, there’s a good chance some of them will consider heading down a costly path. That is, they’ll go to trade in their existing car for a new one, even though the value of the trade is less than what’s
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CNBC’s Jim Cramer explains what the recent mergers tell us about the stock market. The “Mad Money” host also explains why now is the right time to buy shares of Uber. Cramer also sits down with the CEO of PVH to discuss the impacts of the U.S.-China trade war on the American consumer. Recent mergers
Copart: “It is just a fantastic company. We actually recommended its salvage business. We recommended it a very long time ago, and we should go back to it. It’s been fantastic, and it will stay that way. That’s just a fantastic little American company, to tell you the truth.” Sonos: “The stock just broke out,
J.J. Abrams Getty Images For a brief moment in time a copy of the “Star Wars: The Rise of Skywalker” script was on eBay. On Monday, director J.J. Abrams revealed on “Good Morning America” that a real script found its way onto the e-commerce site. “One of our actors, I won’t say which one, I
A woman walks past a Tiffany & Co. store at a shopping mall in Beijing, November, 2018. Mark Schiefelbein | AP LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.2 billion, in a move that will give the company more access to U.S. luxury consumers. Confirming
Pedestrians pass in front of a Tiffany & Co. store. Akos Stiller | Bloomberg | Getty Images Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3 billion, according to sources familiar with the matter. The boards of the luxury firms have been discussing a
Source: Justice League In 2017 Warner Bros. released its big DC Comics superhero team-up movie, Justice League, to battle Disney Marvel Studios’ Avengers franchise. It lost. “Justice League” was released to harsh critical reviews (40% on Rotten Tomatoes) and while it earned $658 million worldwide, that was on a $300 million budget and with domestic
Celebrating the holidays with family. LuckyBusiness | iStock | Getty Images The holidays are nearly here, and with six fewer days to shop between Thanksgiving and Christmas, parents need to act fast to grab the hottest toys. This year, kids are gravitating toward toys that feature their favorite characters from television and the big screen.
A logo sits on display on a building at the Novartis AG campus in Basel, Switzerland, on Wednesday, Jan. 16, 2019. Stefan Wermuth | Bloomberg | Getty Images Swiss pharmaceutical giant Novartis is close to a deal to purchase the cholesterol drugmaker Medicines Company for nearly $7 billion, according to The Wall Street Journal, which
A wave of good and bad retail earnings reports in recent days highlights one key theme for the industry: Value is winning. Target, Walmart, T.J. Maxx owner TJX and Nordstrom‘s off-price Rack business were bright spots in a tumultuous landscape that’s been beaten down with bankruptcies, store closures and management upheaval. The results from Macy’s,
CNBC’s Jim Cramer takes a look at the week ahead in stock market news as Wall Street prepares for a short week of trading with Thanksgiving on Thursday. The “Mad Money” host sits down for interviews with Clorox CEO Benno Dorer and SoFi CEO Anthony Noto. Noto says he expects to see consolidation in the
Karuna Therapeutics CEO Dr. Steve Paul told CNBC on Friday that the biotech firm is hopeful its new therapy for schizophrenia will prove effective for patients in a late-stage trial. “We have to get this compound through phase three to get it to patients,” Paul told “Power Lunch.” “We’re cautiously optimistic given the robustness of
Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Charles Bertram | Tribune News Service | Getty Images Tobacco executives, vaping industry representatives and public health leaders are scheduled to meet with President Donald Trump on Friday at the White House. Juul, the market leading e-cigarette manufacturer, will send
GUANGZHOU, China — As the hype over self-driving vehicles begins to wear a bit thin, it looks like the technology will come to trucks more quickly than passenger cars. Chinese autonomous driving company Pony.ai, which also has an office in California, has focused on applying the technology to passenger vehicles. Its latest funding round in
Colin Kaepernick visits with fans following his NFL workout held at Charles R. Drew High School on November 16, 2019 in Riverdale, Georgia. Carmen Mandato | Getty Images Sport | Getty Images It’s been almost a week since the National Football League’s botched its scheduled workout with free-agent quarterback Colin Kaepernick, with no resolution in
Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017. Mairo Cinquetti | NurPhoto | Getty Images Coldplay is one of the biggest bands in the world, racking up millions of record sales and packing out stadiums with adoring fans wherever they play. With a new record due for release
Anti-government protesters with their faces covered stand at Hong Kong Polytechnic University, which has been taken over by anti-government protesters, on November 21, 2019 in Hong Kong, China. Laurel Chor | Getty Images News | Getty Images U.S.–China relations will worsen if President Donald Trump signs a pro-Hong Kong rights bill into law, a former
A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands turned in mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh its performance. The company’s
Canopy Growth Tom Franck | CNBC With shares down more than 60% over the last six months, it’s tough to remain pessimistic on marijuana grower Canopy Growth, according to Bank of America Merrill Lynch. The brokerage upgraded the Canadian cannabis producer to buy from neutral on Wednesday and told clients that the stock’s 2019 swoon
Over the decades, automakers have been fond of rolling out fantasy-in-chrome concept cars, but few have pushed the design and engineering envelope as far as the Volkswagen Space Vizzion Concept making its debut at the Los Angeles Auto Show this week. With its over-the-top design, long-range battery-electric drive and digital technologies that include an augmented-reality