For people living in the developed world, electricity is something that can perhaps be taken for granted — with the flick of a switch or the press of a button they have lighting, TV and a huge number of other modern conveniences. Yet many people do not enjoy the same benefits. In sub-Saharan Africa, for

Satya Nadella speaking at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC The age of Azure is upon us. For the first time in more than three years, Microsoft’s Intelligent Cloud reporting segment, which includes the Azure public cloud that competes with market leader Amazon Web Services, contributed more revenue

The Lotus Evija electric hypercar, manufactured by Group Lotus Plc, a unit of Zhejiang Geely Holding Group Co Ltd., sits on display following its unveiling at the Royal Horticultural Halls in London, U.K., on Tuesday, July 16, 2019. Bloomberg | Bloomberg | Getty Images It’s been 11 year since Lotus Cars introduced a new model,

CNBC’s Jim Cramer said Wednesday that a number of bank stocks are worth buying, despite signs that the economy is weakening and the Federal Reserve won’t be raising interest rates this year. The banking cohort that have reported earnings thus far — Citigroup, JPMorgan Chase, Wells Fargo and Goldman Sachs — combined made $29.5 billion, which the

Core Laboratories: “I think at the end of the week we have Schlumberger … that’s been a real disaster, frankly, and we’re going to find out more. Let’s use that as the example and make that whether we should buy Core Labs or not. “ Triplepoint Venture Growth: “I’m familiar with it, which is a

A fireball erupted from the base of SpaceX’s so-called “Starhopper” prototype rocket after a test at the company’s facility in Texas. @LabPadre A fireball erupted from the base of SpaceX’s prototype rocket on Tuesday evening, minutes after a key test at the company’s facility in Boca Chica, Texas. The blaze erupted from what appeared to

UnitedHealthcare office Michael Nagle | Bloomberg | Getty Images UnitedHealth Group has bought up thousands of medical practices all over the country through its Optum unit, which have helped its insurance networks hold down costs. Now, the health-care giant says it’s setting its sights on small hospitals – but not to buy them — to

CNBC’s Jim Cramer said Tuesday that investors should be keeping an eye out for buying opportunities, especially with the Federal Reserve on the verge of cutting interest rates. The major averages all dipped during the session Tuesday on lower volume as earning season heats up. The Dow Jones Industrial Average touched another all-time high before

Alex Gorsky, CEO of Johnson & Johnson Adam Jeffery | CNBC Johnson & Johnson vowed to defend itself against lawsuits alleging the company fueled the opioid crisis and that its namesake talc-based baby powder caused ovarian cancer and mesothelioma. The iconic health-care company faces more than 14,000 lawsuits over its talc-based baby powder, as well

Stewart Butterfield, CEO and co-founder of Slack, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerry Miller | CNBC Microsoft might be the primary competitor for Slack, but the widespread adoption of Microsoft’s software is not a major problem for Stewart Butterfield, co-founder and CEO of

With the economic slowdown in mind, CNBC’s Jim Cramer on Monday took time to review the stocks that he says big fund investors are turning their attentions to for the rest of the year. Money managers at the big financial institutions have the most influence of prices on Wall Street, and understanding how those traders

Oklahoma Attorney General Mike Hunter speaks during closing arguments in Oklahoma’s ongoing opioid drug lawsuit against Johnson & Johnson, Monday, July 15, 2019, in Norman, Okla. Sue Ogrocki | AP Lawyers for the state of Oklahoma on Monday urged a judge to hold Johnson & Johnson responsible for fueling the U.S. opioid epidemic, as the

Ashley Cooper/Construction Photography/Avalon | Hulton Archive | Getty Images Wind turbines in Scotland generated 9,831,320 megawatt hours between January and June 2019, WWF Scotland said Monday. The numbers, which were supplied by WeatherEnergy, mean that Scottish wind generated enough electricity to power the equivalent of 4.47 million homes for six months. That is almost double

Hemp plants are grown for medical research purposes in Chiang Mai province, Thailand. Taylor Weidman | Bloomberg | Getty Images With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. If that happens, it could prove a significant opportunity for investors interested in

Still from Disney’s remake of “The Lion King” featuring Mufasa, a young Simba and Zazu in the pridelands. Disney While critics in the U.S. debate the cinematic merits of Disney’s remake of “The Lion King,” Chinese audiences are proving that, sometimes, bad reviews won’t deter people from going to the movies. Over the weekend, Disney

At least 27,000 Con Edison customers were left without power Saturday after massive outages hit New York City. The utility company said it was responding to “extensive outages” on the westside of Manhattan and would share more information as it becomes available. The power outage was apparently caused by a transformer fire at 54th Street

Luxury retailer Barneys New York is making preparations for a bankruptcy filing that could come as soon as this month, people familiar with the matter tell CNBC. Barneys, which is facing a liquidity crunch spurred by a rent hike at its Manhattan flagship, has engaged law firm Kirkland & Ellis and financial advisers a M-III

Paul J. Richards | AFP | Getty Images Despite the year being more than halfway over, the pace of store closures doesn’t appear to be slowing down in the retail industry. More companies piled on the bad news this week. So far, 7,062 store closures have been announced by U.S. retailers this year, according to

Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Charles Bertram | Tribune News Service | Getty Images A U.S. federal judge on Friday ordered the Food and Drug Administration to impose a 10-month deadline for the submission of e-cigarette applications, turning the screws on companies like Juul Labs

Tropical Storm Barry, which threatens to make landfall as a hurricane Saturday and flood parts of Louisiana, will pose a serious test of New Orleans’ post-Hurricane Katrina flood defenses. New Orleans’ situation is precarious. The Mississippi River is expected to rise to nearly 20 feet, the highest level since 1950; roughly 10 to 15 inches

All eyes are on Amazon as its annual Prime Day begins in just three days, testing its promise to provide one-day shipping for more than 10 million products on what may be a record-breaking sales event. Last month, the company began rolling out free one-day delivery to Prime members, and those goals will be stress-tested

Shares of FedEx have been tough to own of late, CNBC Mad Money host Jim Cramer said Thursday, but he pointed to an optimistic sign in its recent stock activity. The stock mustered a rally after the company reported mixed quarterly results late last month. On the conference call, management told shareholders that the global economic

There has been a paradigm shift in the budding marijuana industry and it has affected how Wall Street trades in the space, CNBC’s Jim Cramer said Thursday. Pot stocks caught fire last year between Canada’s legalization of recreational weed and the United State’s legalization of hemp in the 2018 Farm Bill. But Cramer says shareholders

An overwhelming majority of U.S. adults favor proposals requiring tobacco companies to cut nicotine in cigarettes to make them less addictive, according to a new report by the Centers of Disease Control and Prevention. The study comes as the Food and Drug Administration writes new rules that would set maximum nicotine limits for cigarettes to minimally addictive

Pinterest led by Chairman, Co-Founder, President and CEO Ben Silbermann and Co-Founder, Chief Design and Creative Officer, Evan Sharp ring the opening bell celebrating the IPO of Pinterest at the New York Stock Exchange in New York, April 18, 2019. Brendan McDermid | Reuters Venture capitalists have never seen returns like this. In the second

Amarin Corp.: “You know, it’s pretty good. … I say, you know what, speculative but” buy, buy, buy. MPLX: “These pipeline compnies have been so painful, but they’re actually moving up. … I am literally going to stick my neck out … and say it’s O.K. to own.” Zynerba Pharmaceuticals: “Very interesting, but you know

Bentley EXP 100 GT Source: Bentley Bentley is celebrating its 100th anniversary by unwrapping a new prototype, the EXP 100, an all-electric, eco-friendly concept car the British automaker calls “the physical embodiment of the future Bentley brand.” “The Bentley EXP 100 GT represents the kind of cars we want to make in the future,” said

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. Everett Rosenfeld | CNBC British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately

Aurora Cannabis: “I have to tell you that I’m struggling here with my Canopy. I’m not going to go down the food chain. We’re going to have to say no way, not at this time. “ Nio Inc.: “The thing is so beaten up, anything can bounce. But I have to tell you, I mean,

“Stranger Things” season three picks up in the summer of 1985. The Hawkins crew are on the cusp of adulthood and faced with enemies old and new. Netflix Netflix’s hit science fiction show “Stranger Things” has captivated audiences with its spooky plot, lovable characters and, of course, its nostalgic nods to the ’80s. While the show,