WASHINGTON – The 50 attorneys general investigating Google are preparing to expand their antitrust probe beyond the company’s advertising business to dive more deeply into its search and Android businesses, people familiar with the matter tell CNBC. The development comes as politicians on both sides of the aisle, including President Donald Trump, increasingly tee off
Business
A strong grocery business helped Walmart‘s online sales grow 41% in the third quarter, the company said on Thursday, fueling an earnings beat. Total sales in the latest period fell short of analysts’ expectations. But Walmart raised its annual earnings outlook ahead of the holiday season. Its shares jumped more than 3.5% in premarket trading
Hyundai confirms it will put first pickup, the Santa Cruz, into production at Alabama plant in 2021. Hyundai handout After an unexpectedly long delay, Hyundai has given the go to build a new compact pickup truck, a version of the Santa Cruz concept from the 2015 Detroit Auto Show, at its Montgomery, Alabama assembly plant.
Noel Hendrickson | Getty Images The milk industry is under pressure. The latest sign of upheaval: Dean Foods, the nation’s largest milk maker, filed for Chapter 11 bankruptcy Tuesday. The Dallas-based company is engaged in discussions with the Dairy Farmers of America, the biggest dairy co-operative, to sell all or part of its business. That deal
Call it a clean bill of health. Health-care stocks are poised to win out in the next leg of the ever-raging battle between growth and value that has played out for decades in the stock market, says Christian Fromhertz, founder and CEO of Tribeca Trade Group. Value plays, tracked in part by the iShares S&P
Military veterans often possess skills that can fortify a financial technology company’s workforce, which is why PayPal has committed to hiring former service members, Chief Financial Officer John Rainey told CNBC Tuesday. Since 2017, PayPal has added more than 180 veterans to its payroll in large part from the help of partnerships with organizations, such
Steve Dickson Source: Delta Air Lines The Federal Aviation Administration, under fire for its approval of the now-grounded Boeing 737 Max, will work to better assess how human pilots interact with increasingly automated and complex aircraft, the agency’s chief said Tuesday. The pilots on two flights of the 737 Max — Lion Air Flight 610
Julie Andrews portrays Maria von Trapp in a scene from the popular movie musical of 1965, The Sound of Music. Bettmann | Bettmann | Getty Images “Ducktales,” “The Sound of Music,” “The Princess Diaries,” “Tron” — Disney has spent months teasing out all of the movies and TV shows that will appear on its streaming
CNBC’s Jim Cramer breaks down what bear investors are getting wrong about the stock market and why the bulls have prevailed. The “Mad Money” host sits down with Norwegian Cruise Line CEO Frank Del Rio for an interview on the company’s newest addition to its fleet of ships. Later in the show he defends CEO
Hill Street Studios | Getty Images Generation Z may be the first generation to have grown up with cellphones and laptops, but that doesn’t mean they’ll do their holiday shopping online. The young generation is less likely than millennials and Generation X to shop online, according to a report from The NPD Group based on
A large fracking operation becomes a new part of the horizon with Mount Meeker and Longs Peak looming in the background on December 28, 2017 in Loveland, Colorado. Helen H. Richardson | Denver Post | Getty Images Oil is a “broken barometer” and a “lagging indicator of Middle East stress,” according to Helima Croft, managing
Bernard Tyson, Kaiser Permanente David A. Grogan | CNBC Kaiser Permanente chairman and CEO Bernard Tyson died unexpectedly in his sleep Sunday, the health care giant announced. One of the nation’s leading health care executives, Tyson was 60. He rose through the ranks during a 30-year career at Kaiser to become CEO in 2013. Over
The 2020 Chevy Silverado 4×4 Custom Crew Cab Mack Hogan | CNBC For 2019, General Motors released all-new versions of its volume-selling pickup trucks: the Chevy Silverado 1500 and the GMC Sierra 1500. They’re good trucks, but they’ve been somewhat overshadowed by Fiat Chrysler’s stellar Ram pickup that was also new for 2019. Sales of
Tesla Model 3 owners do not receive traditional car keys or fobs. Instead, the automaker provides them with a keycard and smartphone app to gain access and operate the car. Tesla YouTube DETROIT — Key fobs and emerging virtual, or digital, keys from the likes of Tesla and Lincoln are increasingly making traditional metal car
A man is seen admiring 3-D models made with HP printers at Industry Week in Barcelona, Spain. The objective is to accelerate the use of technologies and industrial sectors such as robotics, molds and matrices, new materials and 3-D printing. SOPA Images | LightRocket | Getty Images A French cosmetics giant uses one to create
“The weather’s been ferocious,” said Elizabeth Ryan, the owner of Stone Ridge Orchard. “We’re fighting for our lives in this moment of climate change.” Emma Newburger / CNBC STONE RIDGE, N.Y. — Elizabeth Ryan was standing among her ruined Golden Supreme apple trees, recalling how they were snapped and toppled by Hurricane Sandy and debating
Mastercard: “Mastercard is a stock that should be at $300 that is masquerading as a $274 stock. I thought … [CEO] Ajaypal Banga did a fantastic job on the last quarter, he’s the CEO, and I want you to” buy, buy, buy. Lattice Semiconductor: “That’s an incredibly interesting situation and I actually want to buy it.”
CNBC’s Jim Cramer explains why Disney and Nvidia are two perfect stocks to put in a young child’s portfolio. The “Mad Money” host also hears from Starbucks CEO Kevin Johnson about why the coffee giant continues to hire veterans. Later on, Cramer talks about other companies that hire former service members and argues that TJX
A man uses a vape as he walks on Broadway in New York City, September 9, 2019. Andrew Kelly | Reuters U.S. health officials finally have a potential breakthrough in the vaping illness outbreak that’s killed at least 39 people, narrowing in on vitamin E acetate as a “potential toxin of concern,” Centers for Disease
Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters China’s exports and imports beat forecasts in October, Reuters reported citing data from the country’s customs. In dollar terms, exports fell 0.9% while imports fell 6.4% from a year ago in October. Trade balance for