Sean Gallup | Getty Images In this photo illustration Levi’s 501 blue jeans by U.S. clothing manufacturer Levi Strauss are seen on March 8, 2018 in Berlin, Germany. Blue jeans giant Levi Strauss & Co.’s Thursday initial public offering is more than 10 times oversubscribed, three sources familiar tell CNBC. The world’s largest jeans seller

Shares in Inmarsat Plc jumped 17 percent on Wednesday after the British satellite operator said it was in talks about a $3.3 billion cash offer from a private equity-led consortium, opening up the possibility of a bidding war. The consortium, which initially included UK-based Apax Partners, U.S.-based Warburg Pincus and Canada Pension Plan Investment Board

Dimas Ardian | Bloomberg | Getty Images A Lion Air Boeing Co. 737 Max 8 aircraft, right, stands on the tarmac at Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 12, 2019. One day before the deadly crash of a Lion Air plane on Oct. 29 last year, pilots flying that Boeing 737 Max

Advanced Micro Devices spiked nearly 11 percent Tuesday after Google confirmed the firm won a deal for its game streaming platform. Google unveiled the platform in an event Tuesday, where it shared its plans for a new gaming service called Stadia. AMD will power Stadia’s graphics rendering in the cloud, Google announced at the event,

Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during an Economic Club of Washington discussion in Washington, D.C., U.S., on Thursday, Sept. 13, 2018. The Wall Street Journal reports that the National Enquirer’s publisher paid $200,000 to obtain intimate texts between Amazon CEO Jeff Bezos

Boeing CEO Dennis Muilenburg restated the aircraft maker’s commitment to safety on Monday night, as concerns grow about the second deadly crash of the manufacturer’s top selling Boeing 737 Max planes in less than five months. The executive said that Boeing will maintain its “relentless commitment to make safe airplanes even safer.” “We also understand

Victoria’s Secret is back in the swimwear business — sort of. The lingerie retailer said Monday that its swim collection for 2019 is now available, but only online. “Due to overwhelming demand,” Victoria’s Secret said it just plans to sell pieces — a “limited assortment” — on its website, not in stores, for the upcoming

Simon Dawson/Bloomberg/Getty Images The Saudi Stock Exchange, also known as the Tadawul All Share Index, in Riyadh, Saudi Arabia Saudi Arabia’s stock exchange, the Tadawul, took its first step Monday of inclusion in two major international indexes: the FTSE Russell and S&P Dow Jones’ emerging markets indices. The inclusion marks a continuation of efforts by

Deripaska told CNBC that both countries are prepared to spend trillions of dollars on defense despite that more than half of such an expenditure was likely to be “unnecessary.” When asked whether the prospect of a change of president in the U.S. next year might present an opportunity for improved ties between Washington and Moscow,

“It’s an emerging technology in the very, very early stages of commercialization,” said Dean Frankel, Solid Power’s head of business development. “It just takes time from a scale-up standpoint.” While some start-ups work toward perfecting and scaling up the solid-state battery, others like Sila Nanotechnologies hope to take advantage of current lithium-ion manufacturing processes to

Microsoft has plenty of experience in the auto industry, beyond Volkswagen. The company has highlighted Aston Martin, Honda, Mazda and the Renault-Nissan Alliance as Azure customers, and Nadella said in a 2016 interview with the Wall Street Journal that Daimler, BMW, Ford and Toyota are “significant customers of ours.” “I’m very thrilled about all the

ROME (AP) — Italy prosecutors have opened an investigation into the death of a Moroccan model who testified in one of the inquiries linked to ex-Premier Silvio Berlusconi’s “bunga bunga” parties. Imane Fadil, 34, died March 1 at a Milan hospital, where she had been treated since Jan. 29 exhibiting “symptoms of poisoning,” Milan prosecutor

Millennials have been accused of killing canned tuna, motorcycles and diamonds. But they’re actually helping at least one industry: Irish whiskey. Over the last five years, the volume of Irish whiskey sold in the U.S. grew by 61 percent, according to the Irish Food Board. In 2018 alone, sales grew by 9.4 percent compared to

Top young basketball players will soon have a choice of whether to take their talents to college hoops or to an alternate paid summer league while continuing to pursue their education, retired NBA champion David West told CNBC on Friday. West, who earned championship rings with the Golden State Warriors in 2017 and 2018, is

On Tuesday, the scheme’s mastermind, William “Rick” Singer, pleaded guilty to federal charges. Singer, founder and CEO of the Edge College & Career Network, had cooperated with investigators in the probe. Other parents who have been charged include PIMCO CEO Douglas Hodge, now-former Hercules Capital CEO Manuel Henriquez, top lawyer Gordon Caplan and investment fund

Under Texas law, stealing long-distance service worth less than $1,500 is a misdemeanor, punishable by a fine. More than that is a felony, and could result in jail time. It is unclear whether O’Rourke topped that threshold. In any event, the state bars prosecution of the offense for those under 17, as O’Rourke was for

It’s finally here. A glitzy one million square feet of retail space opens at the Hudson Yards development in New York on Friday, promising to offer city dwellers and tourists alike a shopping experience unlike your traditional neighborhood mall. The shops — built by two of the world’s largest real estate developers Related Companies and

Carvana has been on a hot streak. The stock is up about 7 percent this week, 70 percent in 2019 and 160 percent year-over-year. Still, the online used-car platform is roughly $17 off of its all-time high in September after slipping with the rest of the market in the fourth quarter. Cramer said it was

Your greatest asset when applying for a job might be your social savvy. Four out of 5 employers polled by CareerBuilder say that soft skills, including communication abilities and critical thinking, are equal to or more important than hard skills — or specific technical abilities — when they’re hiring candidates. The employment website polled 1,021

French retailer Casino, which is battling investor concerns over its high debt, vowed to boost profits and cash flow in its core French market and said it would dispose of additional assets under a three-year strategy plan. Casino, along with domestic peers such as Carrefour and Auchan, faces intense price competition in its home market

Shannon Stapleton | Reuters An American Airlines Boeing 737 Max 8, on a flight from Miami to New York City, comes in for landing at LaGuardia Airport in New York, March 12, 2019. The U.S. Federal Aviation Administration on Wednesday joined dozens of other countries’ regulators in ordering airlines to ground new Boeing 737 Max

Dyan Finguerra-DuCharme, a partner at law firm Pryor Cashman who specializes in intellectual property, including trademarks, says it’s happened to her clients. “[The counterfeiters] file a document with the trademark office that says, ‘Our email address has changed.’ Then they go over to the Amazon brand registry and they say, ‘We’re the owner of this

Jason Alden/Bloomberg | Bloomberg | Getty Images Pedestrians pass a logo outside Prudential Plc’s headquarters in London, U.K. Prudential said it was making “continued progress” in separating its British business, M&G Prudential, through a stock market listing, which market sources expect before the end of the year. “Given the extent of our opportunities and our

The dollar could soon peak and that would translate to a positive for portfolios, CNBC’s Jim Cramer said Tuesday citing technician Carley Garner. The “Mad Money” host took a look at Garner’s interpretation of the charts that suggests the DXY US Dollar Currency Index is nearing unsustainable levels. Garner, who is the co-founder of DeCarley

Drew Angerer | Getty Images An American Airlines Boeing 737 Max 8, on a flight from Miami to New York City, lands at LaGuardia Airport on Monday morning, March 11, 2019 in the Queens borough of New York City. American Airlines flight attendants urged the company to ground its 24 Boeing 737 Max airplanes after

Another important reason why investors have not rushed to buy soybeans is because there’s “some skepticism about the substance of any (trade) deal,” wrote Caroline Bain, chief commodities economist at Capital Economics. In 2017, the U.S. exported $40 billion worth of grains and soybeans, of which China accounted for $15.5 billion, she noted. If Beijing

Investors can place a bet on eBay now that the e-commerce corporation could potentially be split up, CNBC’s Jim Cramer said Monday. “I want you to buy eBay,” the “Mad Money” host said. “I think that what Elliott [Management’s] done is remarkable. I think that Devin Wenig as CEO—I think he’s gonna go with the

Many international companies are withholding expansions, stalling investment plans and charting moves out of the U.K. as uncertainty reigns over the fate of the country and its status in relation to the EU. And British firms have diverted $10 billion of investment to the EU due to Brexit, a report from the London School of

Shares of Tencent are up more than 10 percent year-to-date. Since the low in October, shares have rallied about 40 percent. The company’s market capitalization is up over $39.5 billion this year. Tencent shares, however, are still around 25 percent off their January 2018 record high. Nomura and Jefferies both have “buy” ratings on Tencent’s

Michael Tewelde | AFP | Getty Images A man carries a piece of debris on his head at the crash site of a Nairobi-bound Ethiopian Airlines flight near Bishoftu, a town some 60 kilometers southeast of Addis Ababa, Ethiopia, on March 10, 2019. China’s aviation regulator has ordered domestic airlines to suspend their Boeing 737