Comstock Resources: “We’re not going down the speculative food chain when it comes to oil and gas. That always tends to be a mistake. [For] the charitable trust, I’ve been telling club members of ActionAlertsPlus.com it’s a simple one. You buy BP and you get that 5 percent yield while you wait for oil to

Cybersecurity executives who think their mission is to defend against and stop cyberattacks in real time are “dead wrong,” Q6 Cyber founder and CEO Eli Dominitz told CNBC’s Jim Cramer. “Why? It’s too late,” Dominitz said in an interview on “Mad Money.” “By the time the bad guys are knocking down your door, banging on

Walmart will start to hike prices soon in response to the escalating trade war between the U.S. and China, former Walmart U.S. CEO Bill Simon predicted on Friday. Walmart is one of hundreds of retailers and other businesses who have written letters to U.S. Trade Representative Robert Lighthizer protesting President Donald Trump‘s tariffs on Chinese

Two cosmetics retail giants, Sephora and Ulta Beauty, started very differently, but as the consumer demand for makeup increases, the strategies of these two retailers are converging. Sephora began with a focus on luxury cosmetics in urban areas, while Ulta specialized in mass market products in suburban areas. Now, each are growing, trying to capture

On a very bullish day for the broader stock market, the declines in the retail sector were speaking volumes to CNBC’s Jim Cramer. With the trade dispute between the United States and China heating up, the “Mad Money” host figured the weakness stemmed from “a belief that the retailers will have to eat the tariffs,

Hall of Famer Eric Dickerson is making waves with his latest play: threatening a boycott of the Hall of Fame induction ceremonies unless Hall of Fame members get health insurance and an annual salary. Dickerson recently sent a letter to that effect to NFL Commissioner Roger Goodell, the NFL Players League executive director and the

Under Armour said Thursday its restructuring program will now cost more than it previously expected, as it plans to cut about 400 jobs, or about 3 percent of its global workforce, by March. The athletic apparel company known for its compression tees and performance clothing has been struggling as competition heated up, and rivals like

Red Hat stock fell as much as 7 percent and then rebounded on Wednesday after the company reported lower revenue than expected for the second quarter of its 2019 fiscal year, which ended on Aug. 31. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here are the

The biggest business lesson of the last decade is that disruption can change an industry overnight – even collapse it. If you’re not reading the signals to keep pace with evolving customer needs and new technologies, you won’t come out on top. Even for those considered too big to fail. And that is exactly where

AutoNation CEO Mike Jackson will step aside in 2019 after 20 years running the nation’s largest chain of auto dealerships. Jackson will transition from his current role as chairman, CEO and president to executive chairman next year. In that position, he has extended his contract until 2021. AutoNation’s board has hired executive search firm Spencer

Retailers appear to have the odds in their favor this holiday season, with record-low unemployment across the U.S., strong consumer confidence and building sales momentum so far in 2018. “We think most retailers will have a good holiday season if they have a distinctive value proposition,” Rod Sides, vice chairman of Deloitte’s U.S. Retail &

Elon Musk paused. “You mean like me, personally?” Musk asked. “Oh.” The founder and CEO of SpaceX was thinking out loud about whether he would hitch a ride on one of his company’s rockets. SpaceX has flown from milestone to milestone over the past year and is preparing an attempt to put humans in orbit

Try this experiment: Look around your town and think back to what it looked like 10 years ago. Chances are, the stores that line the streets or anchor the malls are different. Circuit City, Linens-n-Things and Radio Shack are all gone. In their place are names like Nordstrom Rack, Saks Off Fifth and Zara. It’s

In a city where Teslas are a common sight — and just a few minutes from the factory where Elon Musk’s company is cranking out a record number of electric vehicles — Audi rolled out an all-electric SUV it hopes will cut into Tesla’s dominance of the luxury EV market. Audi’s new e-tron, which hits

FilmMagic | Getty Images Entreprenuer Kimbal Musk speaks onstage during day 2 of the 2015 Life is Beautiful festival on September 26, 2015 in Las Vegas, Nevada.  Elon Musk is working hard for Tesla shareholders and the company’s focus is on delivering the Model 3, said Musk’s brother and Tesla board member Kimbal Musk on

Heading into Monday’s fiscal first quarter earnings report following the market close, Oracle is looking for a story to tell investors that could get them excited for the future. Analysts anticipate almost no revenue growth this fiscal year, despite company executives frequently touting Oracle’s cloud business and telling investors it can deliver cheaper cloud-computing services

Shiseido, one of the largest cosmetics companies in the world, isn’t relying on its reputation alone for business success. Instead, the 146-year-old Japanese firm is looking to combine the knowledge of start-ups with the its own extensive experience, the company’s chief told CNBC on Friday at the annual Singapore Summit. “Everybody is looking at, you

Sebastian Thrun, one of the best known entrepreneurs in Silicon Valley, is taking on a new challenge that’s a big shift from his work in autonomous transportation or online education: He’s working to automate sales chats. Thrun, who founded Google‘s research lab X and its autonomous car project, education start-up Udacity, and electric aircraft company

The upside is you get a new phone every 12 months. If you join the program in September, as I did, you can get the new iPhone each year when it’s released, which is why it’s more fun than signing up in other months. Because I joined the program with the iPhone 8 Plus last

Apple may imagine a world without cords and plugs, but it’s having trouble making that vision a reality. A year after announcing AirPower, Apple’s wireless charging pad that can simultaneously charge your iPhone, Apple Watch and AirPods, the company has fallen mysteriously silent on its ambition to push forward a future of wireless power generation.

Airport security lines are long and slow, in part because of all the things we have to take out of our bags before putting them through the X-ray system. But there’s a new machine that could eventually speed things up by letting you keep everything in your carry-on bag. Analogic Corporation created a scanner that

Jim Cramer’s head is spinning, and not from secondhand smoke. “The normalization of weed is happening so fast it makes my head spin,” the host of CNBC’s “Mad Money” said on Friday. “It’s not just that Canada and a host of states have outright legalized pot. It’s that marijuana’s gone mainstream.” Cramer’s epiphany came when

Wingstop has plans to take the world by storm, and despite some recent analyst downgrades, CNBC’s Jim Cramer is inclined to get behind the growing restaurant chain. “Management’s got a plan for world domination, and who am I to disagree with them?” the “Mad Money” host said on Friday. “They already have a pipeline of

Beck Diefenbach | Reuters Elon Musk, CEO of Tesla.  Tesla and CEO Elon Musk flew largely under the radar this week — a notable reprieve from a slew of stock-moving headlines during the last month — and shares of the automaker gained 12 percent across the five days of trading. It makes for Tesla’s best

Turkey’s raising of interest rates won’t boost confidence in its economy, asset manager Mark Mobius warned Friday. Mobius, who is founding partner of Mobius Capital Partners, said he agreed in some ways with Turkish Prime Minister Recep Tayyip Erdogan. Erdogan on Friday said his patience with rates has “limits” after the central bank on Thursday

It all started with a slice and a camera. At least that’s how Barstool Sports CEO Erika Nardini describes the birth of One Bite, her company’s pizza-reviewing app that has seen a meteoric rise since Barstool Sports founder Dave Portnoy started casually reviewing pizza parlors. “Dave likes to talk about pizza, so that’s really where

Jeff Bezos is better known for building the e-commerce empire of Amazon than his entrepreneurial work at rocket-builder Blue Origin – but Morgan Stanley says that may change. “We believe investors may want to pay far more attention to another emerging force for the advancement of efforts in Space that has both the will and,

[The stream is slated to start at 8:30 am ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Mario Draghi is speaking in Frankfurt after the bank held interest rates at current levels. Investors are likely to monitor any comments the central bank’s chief

Apple announced a more affordable version of the iPhone X today called the iPhone XR. The starting price is $749. The XR features Face ID and a high-powered processor, just like the X. But it costs less than last year’s model thanks to features like its cheaper LCD display, aluminum body and single-lens camera. The

Both phones feel really fast, noticeably so over my iPhone X. I’m running the iOS 12 public preview, which also speeds things up, but the A12 Bionic chip offers another 30 percent performance boost. I like the cameras, too. Portrait Mode on the iPhone X is stellar, but with the new phones you can adjust