Business

Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon on Wednesday reported quarterly earnings and sales that topped analysts’ estimates, as more shoppers around the world picked up its yoga pants and sports bras. And its men’s business continued to grow. But

1. Stocks set for muted open into Fed decision Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, April 17, 2013. U.S. stocks sank, erasing yesterday’s rally, amid losses in industrial metals and disappointing results from Bank of America Corp. Scott Eells | Bloomberg | Getty

General Motors unveiled redesigned versions of the Chevrolet Suburban (pictured) and Chevrolet Tahoe on Dec. 10, 2019 in Detroit. Michael Wayland / CNBC DETROIT – General Motors unveiled new versions of its highly-profitable Chevrolet full-size SUVs Tuesday night that are larger, more tech-advanced and offer a wider range of choices for customers. Profits from the

Rep. Alexandria Ocasio-Cortez (D-NY) on Capitol Hill in Washington, July 17, 2019. Joshua Roberts | Reuters New York Congresswoman Alexandria Ocasio-Cortez said Tuesday that she plans to vote against Speaker Nancy Pelosi‘s drug pricing plan, urging House Democratic leaders to take a more progressive stand on high health-care costs. “As the bill stands, she plans

James Quincey, the CEO of The Coca-Cola Company, speaks during an interview with CNBC on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters Coca-Cola CEO James Quincey said that the beverage giant waited too long to make a sparkling water brand. “We should’ve done AHA, yeah, sooner,” Quincey

A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the

Ivanka Trump attends U.S. President Donald Trump’s strategy and policy forum with chief executives of major U.S. companies at the White House in Washington, February 3, 2017. Kevin Lamarque | Reuters Christopher Steele, the former MI6 agent in London where he speaks to the media for the first time, March 7, 2017. Victoria Jones |

Tesla shares are tapping the accelerator again. The electric automaker’s stock has added 2% so far this month, better than the slight decline by the Nasdaq 100. Gina Sanchez, CEO of Chantico Global, says its status as a “faith stock” could mean a bigger move is ahead. “Tesla is definitely a faith stock and many

Anna in “Frozen II.” Disney With Sunday’s estimates, Disney is now a breath away from hauling in $10 billion globally from its 2019 box office titles. As “Frozen II” continues to dominate the box office, both domestically and internationally, Disney’s tally for the year hovers around $9.9 billion, according to data from Comscore. This record

The character Marla in ‘Playmobil’ STX Films, promotional photo of Playmobil movie It seems Disney’s reign over the animation box office continued this weekend. While “Frozen II” neared $1 billion during its third weekend in theaters, STX’s “Playmobil” movie garnered less than $1 million in ticket sales over its opening weekend in North America. STX,

GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors’ $2.3 billion joint venture with LG Chem for production of battery cells for electric

A scientist works in a lab at Biogen in Cambridge, MA on Nov. 5, 2016. Suzanne Kreiter | Boston Globe | Getty Images Biogen pleased shareholders this week after it presented more data on its late-stage Alzheimer’s drug, aducanumab. Shares of the biotech firm closed up 3.41% on Thursday as analysts pointed to a lack of

U.S. President Donald Trump, with Speaker Nancy Pelosi and Vice President Mike Pence looking on, delivers the State of the Union address in the chamber of the U.S. House of Representatives at the U.S. Capitol Building on February 5, 2019 in Washington, DC. Doug Mills | Getty Images Citi is boosting its stock forecast for

President Donald Trump should go forward with the next round of tariffs set for Dec. 15, CNBC’s Jim Cramer said Friday. That’s because the November jobs report issued Friday shows the U.S. economy is stronger than some may have believed, the “Mad Money” host said. “If we’re experiencing this kind of growth without inflation, that

CNBC’s Jim Cramer takes a look at the coming week of earnings reports, the Fed and stock market news. The “Mad Money” host sits down with Boot Barn CEO to get a better picture of its expansion plans. Later in the show he explains why President Donald Trump should let the Dec. 15 tariff hike

Surveillance cameras are mounted on a post as the Hangzhou Hikvision Digital Technology Co. logo is displayed atop the company’s headquarters in Hangzhou, China, on Tuesday, May 28, 2019. Hikvision, which is controlled by the Chinese government, is one of the leaders in the market for surveillance technology. Qilai Shen | Bloomberg | Getty Images

Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Ding Ting | Xinhua News Agency | Getty Images China’s industry ministry has put Tesla Model 3 cars that are built inside the country on a list of vehicles recommended for government subsidies, according to a Reuters

CNBC’s Jim Cramer breaks down data and explains why most Americans are not benefiting from the 2019 bull market. The “Mad Money” host gets insight into why Chipotle’s operations are working in an interview with CEO Brian Niccoli. Later in the show he sits down with the CEOs of cloud software company ServiceNow and medical

NEWARK, California — If you’re in retail these days, you’re likely trying to solve these two problems: How to cut costs, and how to get products to your customers as quickly as possible. Nordstrom thinks it has found a solution that will help it do both. And it starts at a warehouse in Newark, California.

U.S. stock index futures were slightly higher on Thursday. At around 02:15 a.m., Dow futures rose 27 points, indicating a positive open of more than 20 points. Futures on the S&P and Nasdaq were both slightly higher. Market focus is largely attuned to global trade developments, following a media report suggesting the world’s two largest economies were on the cusp of