A Chinese flag is placed on merchandise in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images NBA Commissioner Adam Silver will face “retribution sooner or later” for lying about the Chinese government, state broadcaster CCTV said in a commentary published late Friday. The broadcaster said Silver
The tail wing of an American Airlines plane pulls into its gate after arriving at the Miami International Airport. Joe Raedle | Getty Images Government investigators have received details of a 2016 internal Boeing report that reportedly shows that about one-third of employees who responded felt “potential undue pressure” from management regarding safety approvals by
An employee prepares a diesel engine for installation into a truck at the Mack Truck cab and vehicle assembly plant in Macungie, Pennsylvania. Luke Sharrett | Bloomberg | Getty Images The United Auto Workers and AB Volvo-owned Mack Truck are set to resume contract negotiations on Monday as at least 3,500 hourly employees across three
Getty Images Flexibility has become the No. 1 priority for workers today as advances in technology make it more challenging than ever to maintain a work-life balance. In fact, a recent survey by online job platform FlexJobs revealed that 71% of millennials have considered leaving a job because it did not offer flexible work arrangements.
New York Yankees pitcher CC Sabathia in the dugout during a game between the New York Yankees and the Los Angeles Dodgers on August 25, 2019 at Dodger Stadium. Brian Rothmuller | Icon Sportswire | Getty Images As C.C. Sabathia walked off the field at Yankee Stadium after warming up before Game 4 of the
Activision will release “Call of Duty: Modern Warfare” on October 25, the 16th installment in the “Call of Duty” video game series. This first-person shooter game isn’t out yet, but fans who have been playing the beta version since its September debut are already embroiled in heated arguments over it. On a “Call of Duty”-related
CNBC’s Jim Cramer takes a look at the week ahead for earnings, which includes a deluge of reports on Tuesday and Wednesday. The “Mad Money” host says it’s time to revamp the FAANG group and swap one company for another tech giant. Later in the show, Cramer makes recommendations for financial stocks. Earnings overload has
CNBC’s Jim Cramer has a jam-packed week full of earnings reports circled on his calendar for the trading week starting Monday. Questions abound whether economic weakness and trade worries will continue to spook investors, although consumer-based companies are given a pass, the “Mad Money” host said Friday. “Next week is tough to game. Too many
The labor marker is tight. Unemployment hit a 50-year low in September, and human resource departments across the country are scrambling for ways to attract new workers. Walmart‘s plan involves courting teenagers. The company has 2.2 million employees globally. In the U.S., it has 1.4 million workers but fewer than 25,000 are in high school.
A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. Johannes Eisele | AFP | Getty Images China released third-quarter GDP figures on Friday showing the economy grew 6.0% from a year ago. Analysts polled by Reuters had expected China’s third-quarter
CNBC’s Jim Cramer said Thursday that resolutions to a pair of major trade issues would be a boon to the stock market, arguing it’s time investors factor positive conclusions into their strategy. “What happens to the stock market if Larry is right and we get a new trade deal with Mexico and Canada before Thanksgiving
Toyota CEO Akio Toyoda is an avid motorsports fan who routinely heads out on the track to test the company’s latest products, especially high-performance models like the new Supra sports car and the smaller Toyota 86. So there was no surprise when he highlighted some of the benefits of an expanded relationship with smaller Japanese
It is “logical” for McLaren Automotive to continue manufacturing in the U.K. in spite of Brexit concerns, the firm’s chief executive said on Tuesday. “You only need one manufacturing location for 5,000 cars a year,” Mike Flewitt, chief executive officer of McLaren told CNBC’s “Street Signs.” “It would be uneconomic to do anything else,” he
The future of capitalism hinges on how the U.S. government enforces its antitrust laws on the largest technology corporations in the country, Salesforce.com co-CEO Marc Benioff told CNBC on Wednesday. The Salesforce founder criticized social media platforms for their vulnerability to bad actors, reiterating his belief that Facebook is “probably the new cigarettes” because it
House lawmakers are upping the pressure on the e-cigarette industry with two hearings scheduled Wednesday morning looking to rein in the industry and assess its risk as an emerging public health threat. The House Appropriations Committee and an Energy and Commerce subcommittee have called physicians, parent groups, public health officials and anti-smoking groups to testify.
The logo of Zilingo is displayed on a window at the company’s office in Singapore. Ore Huiying | Bloomberg | Getty Images Southeast Asian fashion start-up Zilingo on Wednesday said it is launching a program in Indonesia, where it will provide microloans, vocational training and resources for women to run their own garment manufacturing businesses.
State and local officials are reportedly in talks with three major drug distributors on a potential $18 billion settlement of litigation that blames them for helping to fuel the U.S. opioid epidemic. The potential settlement, according to the Wall Street Journal, would require McKesson Corp., AmerisourceBergen Corp. and Cardinal Health to collectively pay the $18 billion over
Pedestrians walk past a Gymboree store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images The Gymboree clothing brand for boys and girls will be back online and in some stores next year, thanks to The Children’s Place. The Children’s Place had paid $76 million for the rights associated with both Gymboree
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers has summoned local union leaders to Detroit on Thursday for an update on its negotiations with General Motors. The union has traditionally done this when a
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images The Boeing 737 Max won’t return to service at Southwest Airlines until February at the earliest, the union that represents the