Business

UAW President Gary Jones will take a leave of absence effective Sunday after a vote by the union’s executive board.  “The UAW is fighting tooth and nail to ensure our members have a brighter future. I do not want anything to distract from the mission. I want to do what’s best for the members of

Farmer walks through his soy fields in Harvard, Illinois. Nova Safo | AFP | Getty Images Farm bankruptcies in September surged 24% amid a perfect storm created by President Donald Trump’s trade war with China and Europe, slumping commodity prices, and a year of unfavorable weather. This August, the USDA reported that more than 19.4

Google hired David Feinberg from Geisinger Health, a system of hospitals based in Pennsylvania, toward the end of 2018 and put him in charge of a newly created division called Google Health. But the company has remained quiet about the division’s scope and goals. Now he’s beginning to talk publicly about his plans, and appeared

The stock market has more evidence to quell fears that a recession could be looming, CNBC’s Jim Cramer said Friday. The major averages all surged about 1% during the session, the same day the October jobs report showed that companies added 128,000 new payrolls. That topped the 75,000 that economists had estimated. The S&P 500

October’s robust jobs report doesn’t reflect an economy that’s falling into recession, CNBC’s Jim Cramer says before giving a preview into what’s on his trading calendar for next week. The “Mad Money” host is bullish on the housing market and offers suggestions to play the homebuilder sector. Later in the show he takes aim at

An Exxon Mobil station in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Exxon Mobil — Shares of Exxon Mobil climbed more than 2.5% despite the international petroleum giant reporting earnings down 49% in the third quarter. Investors appeared reassured by CEO Darren Woods’s comments

A woman works in a Macintosh boot factory in Lin’an, located in the east China province of Zhejiang. Feature China | Barcroft Images | Barcroft Media | Getty Images A private survey showed factory activity in China expanded in October with the Caixin/Markit PMI coming in at 51.7. Analysts polled by Reuters had expected the

CNBC’s Jim Cramer reveals stocks worth buying after Thursday’s market decline. The “Mad Money” host chats with top brass of Columbia Sportswear, Smarties and Eurazeo. He explains why investors shouldn’t stress the new speculations about future interest rate cuts and ramblings about U.S.-China trade uncertainties. Thursday’s pull back is a treat to investors Bristol-Myers Squibb

McDonald’s has canceled a promotion for a “Sundae Bloody Sundae” ice cream that was available in Portugal for Halloween. The term “Bloody Sunday” was used to describe a massacre in Northern Ireland that took place January 30, 1972. It is considered one of the most significant events of “The Troubles,” a conflict in the region

A Jeep Renegade 4×4 e is presented at the Geneva Motor Show March 5, 2019. Signage in the background says”‘FCA Fiat Chrysler Automobiles,” to which Jeep belongs. Uli Deck | picture alliance | Getty Images Peugeot (PSA) and Fiat Chrysler on Thursday confirmed their intention to merge, in what would be a 50-50 share swap.

CNBC’s Jim Cramer thinks investors need to start considering consumption time and the federal government as a weight on Apple, Facebook and other tech stocks. The “Mad Money” host sits down with Wingstop CEO Charlie Morrison to get a read on what’s driving the company’s growth. Later in the show he bets that Spotify shares

Jens Schlueter | Getty Images DETROIT – From Daimler-Chrysler to Fiat Chrysler, the former American automaker Chrysler Corp. has gallivanted around the world to find partners to assist in its growth or help keep it afloat. It now has its sights set on Peugeot maker PSA Group. Both the French carmaker and Fiat Chrysler on

Southeast Asian country Malaysia is looking to use a higher percentage of renewables in its energy mix in the next five years, its environment minister said on Tuesday. Yeo Bee Yin, who is Malaysia’s minister for energy, science, technology, environment and climate change, said the country is targeting to generate 20% of its electricity from

CNBC’s Jim Cramer flags that there is a “rude awakening” from Uber and other looming stock lockup expirations coming to Wall Street. The “Mad Money” host sounds the alarm that Wall Street should prevent Chinese companies from going public in U.S. markets. Later in the show he urges viewers to take advantage of Twitter’s pullback

Large corporates including McDonald’s, Uber and Johnson & Johnson no longer have chief marketing officers (CMOs) and the role risks becoming outdated next year, according to a new report. The digital age has meant that consumers have more ways of experiencing a company than ever: from the ads they see on their Instagram feed to

Deck hands tighten sections of steel pipe and insert them back into a well on a natural gas drilling rig outside of Artesia, in eastern New Mexico, which is part of the Permian Basin that extends into the state to the west of Texas. Robert Nickelsberg | Getty Images News | Getty Images Oil markets

Scott Mlyn | CNBC Juul Labs plans to cut about 500 jobs by the end of the year, the Wall Street Journal reported, citing people familiar with the matter. The cuts are part of a broader reorganization plan aimed at repairing the company’s relationship with regulators, the report said. The e-cigarette giant will also cut

Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images After another disappointing quarter from Tim Hortons, the owner of the Canadian coffee chain shared more about its plans to reinvigorate the business. Shares of its parent company Restaurant Brands slid 3% in morning trading Monday, despite strong performances

U.S. Trade Representative Robert Lighthizer (C) gestures as he chats with Chinese Vice Premier Liu He (R) as U.S. Treasury Secretary Steven Mnuchin (L) looks on after posing for a “family photo” at the Xijiao Conference Centre in Shanghai on July 31, 2019. Ng Han Guan | AFP | Getty Images The U.S. and China

NEW YORK CITY – SpaceX President and COO Gwynne Shotwell outlined plans for its two development programs at a recent investor conference, giving her forecast for when the company will fly people on its next-generation rocket and begin offering internet from its satellite network. The company has raised more than $1.3 billion this year to