Business

CNBC’s Jim Cramer took a stroll down memory lane on his show Thursday to reflect on the history of “Mad Money with Jim Cramer” and how it has evolved over the past dozen-plus years. While the “Mad Money” has retained two members of its original production team from its 2005 launch, the show’s focus has
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Disney, Nestle and “Fortnite” maker Epic Games have paused advertising on YouTube after reports of a pedophile network rampant in the comments of monetized videos, according to Bloomberg and spokespeople for the companies. The controversy stems from reports that pedophiles have latched onto videos of young children, often girls, marking time stamps that show child
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Market focus is largely attuned to global trade developments, after officials from the U.S. and China launched a new round of negotiations on Tuesday. A follow-up session of higher-level talks is expected later in the week, as both sides look to resolve the long-running trade war before a March 1 deadline. Last week, President Donald
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But in not including stores under development, Amazon is removing some level of transparency into how quickly it’s building up new space for physical stores. Whole Foods announced at least 25 new location openings last year, while the number of Go stores increased to 10 across Seattle, Chicago and San Francisco. Amazon also launched three
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The FTSE 100 and DAX are both seen little changed from the previous session at 7,218 and 11,299 respectively, while the CAC is expected to open up around 3 points at 5,171, according to IG. Market focus is largely attuned to trade developments between the world’s two largest economies, with a new round of negotiations
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Two years ago, Facebook CEO Mark Zuckerberg announced a renewed focus on communities and its Groups feature, boasting that it would help create a more “meaningful” social infrastructure. It worked. Last month, Zuckerberg told investors that “hundreds of millions” of users reported belonging in “meaningful groups,” up from one million in 2017, when the company
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Market focus is largely attuned to global trade developments, with officials from the U.S. and China set to resume negotiations this week. Both sides reported progress in five days of talks last week, with President Donald Trump indicating he might be willing to push back a March 1 deadline for a deal. MSCI’s broadest index
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Thanks to an influx of capital in the past decade, there are more than 100 young rocket companies estimated to be racing to orbit, hoping to be among the first to sate demand from a new market of smaller spacecraft. Relativity Space fits squarely among those aspiring rocket ventures but with a twist: The three-year-old
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Market focus is largely attuned to global trade developments, with market participants in wait-and-see mode as high-level U.S.-China trade talks continue in Beijing on Friday. Both sides had said they were hopeful the latest set of negotiations, which began at the start of the week, could bring them closer to a comprehensive agreement before a
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Virgin Group founder Richard Branson is part of the growing circle of elite business players questioning wealth disparity in the world today. Amid heated debate about whether the rich should be more highly taxed, the billionaire philanthropist weighed in with his own view during the Milken Institute Summit in Abu Dhabi this week. “We have
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The Food and Drug Administration began its crackdown on the opioid epidemic Tuesday with a warning letter sent to drug distributor McKessson for allegedly shipping “illegitimate” product, taking the agency’s first formal enforcement action to curb abuse. Specifically, the FDA is accusing McKesson of failing to identify, quarantine and investigate drug shipments that had been
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