Business

In cities around the world, on-demand rides are just a screen touch away. Whether it’s catching a Lyft in Los Angeles or Grab-ing it in Singapore, ridesharing apps have changed the car-hire landscape for good. The original transport disrupter, Uber, operates in 65 countries and more than 700 cities around the globe. But its reach

A man poses for a picture as he vapes at a vape shop. Daniel Becerril | Reuters A vaping-related lung disease has sickened at least 2,051 people and killed 39, the Centers for Disease Control and Prevention said Thursday. Health officials are calling the disease EVALI, short for e-cigarette, or vaping, product use associated lung

An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI — Emirates airline reported a massive comeback in its half-year earnings Thursday with a 282% jump in profits to 862 million dirhams ($235 million), thanks in part to lower fuel prices. The head-turning figure

CNBC’s Jim Cramer explains why Xerox’s reported bid for HP will not materialize, while also giving his thoughts on the benefits of mergers and acquisitions. The “Mad Money” host also talks with CVS’ CEO on the health-care giants’ impressive quarter and his reflections on teen vaping. Later on, Cramer explains why Lyft’s stock is worth

[embedded content] [The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] Entrepreneurs and media stars Kris Jenner and Kim Kardashian West are slated to speak Wednesday at The New York Times DealBook Conference in New York. The two pop

Starbucks’ holiday drinks Source: Starbucks For the holidays this year, Starbucks is sticking to proven customer favorites. The coffee chain’s holiday offerings can make or break its fiscal first-quarter sales. Two years ago, disappointing holiday offers and merchandise dragged down U.S. same-store sales by 1%. Combined with sluggish growth of its core beverages, U.S. same-store

CNBC’s Jim Cramer breaks down why Wall Street is turning down some high-growth stocks in lieu of other value stocks. The “Mad Money” host sits down with FireEye CEO Kevin Mandia to get insight into what role cybersecurity will play in the 2020 election. Later in the show he takes a look at three high-yield

Customers pick up their orders from Shake Shack in Madison Square Park in New York. Getty Images Check out the companies making headlines in midday trading. Uber— Shares of Uber tanked more than 7% after the ride-hailing company reported quarterly loss that topped $1 billion. Uber reported a net loss of $1.16 billion for the

LOS ANGELES — As Hollywood’s ticket sales slow in the U.S. — thanks to piracy and streaming services like Netflix and Hulu — China’s growing appetite for movies is helping to make up the difference. Experts predict that by 2020, China will be the world’s largest cinema market, with box office revenue expected to jump

US President Donald Trump speaks after announcing and initial deal with China while meeting the special Envoy and Vice Premier of the People’s Republic of China Liu He at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images As the U.S. and China

A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images McDonald’s confirmed Monday that its Chief People Officer David Fairhurst has departed the company, effective immediately. Fairhurst’s departure follows the company’s announcement Sunday evening that the board fired CEO Steve Easterbrook for

Ryanair‘s CEO Michael O’Leary said that rival airline Norwegian is bound to go bust sooner or later, claiming that the company is “doomed.” Never one to mince his words, O’Leary told CNBC Monday that the rival budget European airline Norwegian was saddled “with enormous debts.” “We’re seeing the emergence of four or five large airlines

Weaving through Manhattan’s busy traffic can be a pain — especially for travelers rushing to catch a flight. But now, passengers starved for time have another option: Uber’s helicopter taxi service. The Uber Copter, which was rolled out to all users on October 7, zips passengers from lower Manhattan to John F. Kennedy (JFK) International

Rolls-Royce Cullinan Source: Rolls-Royce Rolls-Royce, Bentley, Lamborghini and Maserati have long histories of building high-end, exclusive cars for wealthy clients. All four, though, have introduced SUVs in recent years to help claim their share of the rapidly expanding market. It’s working. The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati Levante have all been triumphant

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