The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Justin Sullivan | Getty Images Check out the companies making headlines…
Tag: business news
China VCs have a big problem, it’s not just tepid U.S. investor sentiment
Pictured here is Shenzhen in southern China. The city is sometimes considered China’s Silicon Valley. Nurphoto | Nurphoto | Getty Images BEIJING — In the years since Alibaba’s U.S. listing in 2014,…
Gary Player says government should stay out of sports
Legendary golfer Gary Player thinks government and sports shouldn’t mix, as the golf world goes through a major merger that has triggered antitrust concerns. Speaking to CNBC at the Berenberg Invitational on…
Bernstein initiates Arm as underperform. Here’s what the pros say
Market Movers rounded up the latest reactions on Arm Holdings from Jim Cramer and Virtus Investment Partners’ Joe Terranova. Cramer discussed why he thinks Arm is too expensive, even as shares have…
New York cracks down on illegal marijuana stores
A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling cannabis. Spencer Platt | Getty…
WGA strike: Negotiations resume this week
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City. Michael…
Stellantis could close 18 facilities under deal
United Auto Workers members attend a solidarity rally as the UAW strikes the Big Three automakers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT — The most…
Morgan Stanley says buy these defensive growth stocks as economy disappoints
In an uncertain market environment, Morgan Stanley thinks investors can regain confidence with some large-cap defensive stocks. The firm screened for stocks that have shown relative strength both year-to-date and more recently,…
Americans plan to cut spending through holidays, survey says
U.S. consumers have cut back on spending this year, and they plan to continue to do so through the holidays, a new CNBC-Morning Consult survey has found. The vast majority of adults…
Why pay transparency is on the rise for jobseekers
Westend61 | Westend61 | Getty Images Pay transparency is on the rise for job applicants — and momentum suggests that trend will continue, experts said. In August, 50% of online job listings…