U.S. Markets open in 57 mins

Macy's names eBay executive Hal Lawton its new president

CNBC's Seema Mody reports on Macy's naming Hal Lawton, an eBay executive, as its new president.

  • Business
    CNBC

    Intel shares jump after upgrade

    Nomura Instinet upgraded Intel shares to buy from neutral on Monday. "Every U.S. and foreign-based equipment supplier we've spoken with recently is seeing 10nm volumes become more meaningful," Nomura says. Nomura maintained its Intel price target of $50 a share.

  • Finance
    Investopedia

    The Berkshire Hathaway of Pot Will Begin Trading on the NYSE Tuesday

    Aurora Cannabis Inc. ( ACB) has confirmed that its shares will begin trading on the New York Stock Exchange (NYSE) Oct. 23. The Edmonton, Canada-based company, referred to in some circles as the Berkshire Hathaway Inc. ( BRK.B) of cannabis because of its successful track record investing in other firms, said its shares will trade under the ticker “ACB,” the same symbol it uses in its separate Toronto Stock Exchange listing. Aurora will become the third licensed Canadian cannabis company to list in the U.S. after Canopy Growth Corp. ( CGC) and Tilray Inc. ( TLRY).

  • Don’t cheat yourself with the 4% rule
    Business
    MarketWatch

    Don’t cheat yourself with the 4% rule

    If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.

  • Elon Musk’s 150mph 'Loop' tunnel system to open in December
    Business
    The Telegraph

    Elon Musk’s 150mph 'Loop' tunnel system to open in December

    Taking to Twitter, the billionaire SpaceX founder said his underground tunnel for the project "is almost done" and will be ready on December 10. The tunnel, which is being built by Musk's Boring Company, will contain autonomous electric skates capable of transporting cars and people at speeds of up to  125-150mph. The Boring Company's website says the tunnel runs from SpaceX's parking lot east of Crenshaw Boulevard and south of 120th Street, then turns west under 120th Street, and remains underground along 120th Street for 2 miles.

  • Better Buy: Ford Motor Company vs. General Motors
    Business
    Motley Fool

    Better Buy: Ford Motor Company vs. General Motors

    Both Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) have been investor favorites in the not-too-distant past, and both pay good dividends. Ford has a slew of new products on the way, starting with a brand-new Ranger pickup early next year. Ford and GM have both had a rough year in the stock market.

  • Democrats Hold a 9-Point Lead in Midterms. But Trump's Job Rating Is at an All-Time High
    Politics
    Fortune

    Democrats Hold a 9-Point Lead in Midterms. But Trump's Job Rating Is at an All-Time High

    Democrats hold a nine-point lead going into the midterm elections Nov. 6, but President Donald Trump’s job rating is at an all-time high, according to a new NBC News/Wall Street Journal poll. The Democrats’ nine-point lead is among likely voters, who prefer Democratic Congressional candidates over Republicans by that margin. Trump’s job rating among registered voters between Oct. 14 and 17 was at 47% approve to 49% disapprove, compared to 44% approve and 52% disapprove a month earlier.

  • Why Do Analysts Love Agnico Eagle Mines?
    Finance
    Market Realist

    Why Do Analysts Love Agnico Eagle Mines?

    Analysts’ Views: Is It Time to Look at Gold Miners? (Continued from Prior Part) Analysts’ ratings for Agnico Eagle Mines Of the 18 analysts covering Agnico Eagle Mines (AEM), 72.0% recommended a “buy,” while the remaining 28.0% recommended a “hold.”

  • Saudi Arabia's King and Crown Prince Call Slain Journalist Jamal Khashoggi's Son
    Business
    Meredith Videos

    Saudi Arabia's King and Crown Prince Call Slain Journalist Jamal Khashoggi's Son

    Saudi Crown Prince Mohammed bin Salman called the son of Jamal Khashoggi, the kingdom announced early Monday, to express condolences for the death of the journalist killed at the Saudi Consulate.

  • Business
    Benzinga

    Barron's Picks And Pans: Alibaba, Citizens Financial, FAANG Stocks And More

    This weekend's Barron's cover story shows why emerging markets may be ready to rebound. Other featured articles examine why stocks will rally in 2019 and how to play preferred stock as yields rise. Also: the prospects for Chinese internet giants and

  • Can AMD Stock Go on a Bull Run Once Again?
    Business
    Motley Fool

    Can AMD Stock Go on a Bull Run Once Again?

    Advanced Micro Devices (NASDAQ: AMD) shares have fallen off a cliff over the past month, as investors are probably concerned about whether it can sustain its rally in the face of a fading tailwind and rising competition. The chipmaker has minted a lot of money thanks to cryptocurrency mining, but that catalyst is fizzling out and rival NVIDIA (NASDAQ: NVDA) has launched a new generation of graphics chips to reclaim its lost market share. AMD blames weak GPU sales to the cryptocurrency market for this slowdown, but recent developments indicate that it could easily surpass the low-balled guidance.

  • Better Buy: Aurora Cannabis Inc. vs. Canopy Growth Corporation
    Business
    Motley Fool

    Better Buy: Aurora Cannabis Inc. vs. Canopy Growth Corporation

    Canadian marijuana producers have entered a new era. After several years of supplying medical marijuana nationwide, they have begun moving into Canada's recreational marijuana market, which opened on Oct. 17. Canopy's share price has soared three times higher than Aurora's has.

  • Say Goodbye to Amazon's Blockbuster Revenue Growth
    Business
    Motley Fool

    Say Goodbye to Amazon's Blockbuster Revenue Growth

    Throughout its history, Amazon (NASDAQ: AMZN) has possessed a certain ingenuity in finding new ways to grow. Just when the company seems to be maturing in one sector, it finds a new one to jump into. Since the company's early history, its quarterly revenue growth has cycled between 15% and 50%, depending on where it is in the growth cycles in the above businesses.

  • The Pre-Markets Rundown: October 22, 2018
    Business
    CNBC Videos

    The Pre-Markets Rundown: October 22, 2018

    CNBC brings you fast, accurate, and actionable business news and market updates.

  • Finance
    American City Business Journals

    Microsoft's typical worker makes $168K a year — how that compares with Facebook, Google, PayPal, Box, Salesforce, Intel and other big Bay Area tech employers

    Microsoft Corp. is the latest major Silicon Valley tech employer to reveal just how much its typical employee earns — and how that compares with its top executive. The software giant's median employee pay — almost $168,000 — is high, even by Silicon

  • This Warren Buffett Stock Is Dirt Cheap Right Now
    Business
    Motley Fool

    This Warren Buffett Stock Is Dirt Cheap Right Now

    Warren Buffett has amassed a large portfolio of bank stocks for Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) with major holdings in Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), and American Express (NYSE: AXP), just to name a few of the most well-known and largest investments. Synchrony is a major issuer of store-branded credit cards and also operates a rapidly growing online banking platform.

  • 3 Dividend Stocks That Pay You More Than Coca-Cola Does
    Business
    Motley Fool

    3 Dividend Stocks That Pay You More Than Coca-Cola Does

    With a better than 50-year history of paying dividends, Coca-Cola (NYSE: KO) is seen as an icon of stable, strong, secure payouts. Although Coke and its dividend are not in trouble, there are better investments to be found. Three stocks that these Motley Fool contributors particularly like are Dominion Energy (NYSE: D), AbbVie (NYSE: ABBV), and MGM Growth Properties (NYSE: MGP).

  • 3 Top Stocks Under $5
    Business
    Motley Fool

    3 Top Stocks Under $5

    If you're looking for cheap stocks, focusing too much on share price is a mistake. Companies like Zynga (NASDAQ: ZNGA), Chesapeake Energy (NYSE: CHK), and Ascena Retail Group (NASDAQ: ASNA) have mounted impressive comebacks over the past year, and the future could hold even further gains if the industry conditions that they face take a turn for the better.

  • Here's Which Marijuana Stocks Investors Are Betting Against the Most
    Business
    Motley Fool

    Here's Which Marijuana Stocks Investors Are Betting Against the Most

    Canada's recreational marijuana market is now open for business. Some are confident enough that certain marijuana stocks will fall that they're putting a lot of money on the line expecting that's exactly what will happen. The marijuana grower's low stock float and wild swings over the last month have received a lot of attention.

  • This Midstream Oil & Gas Stock Is Still a Steal
    Business
    Motley Fool

    This Midstream Oil & Gas Stock Is Still a Steal

    The midstream sector is out of favor today, with the Alerian MLP ETF still off roughly 45% from its mid-2014 highs. Midstream companies own the assets that move oil, natural gas, and related products around the country. Investors were pretty excited about this space a few years back, pushing the prices of midstream companies higher and their yields lower.

  • Which Canadian Marijuana Stock Will Enjoy a Bigger Bump From Its NYSE Listing -- Aphria or Aurora?
    Business
    Motley Fool

    Which Canadian Marijuana Stock Will Enjoy a Bigger Bump From Its NYSE Listing -- Aphria or Aurora?

    Maybe Wall Street should be called "Weed Street." Big Canadian marijuana grower Canopy Growth listed its stock on the New York Stock Exchange (NYSE) earlier this year. Aurora Cannabis (NASDAQOTH: ACBFF) begins trading on the NYSE on Tuesday, Oct. 23. Aphria (NASDAQOTH: APHQF) filed last week to list its stock on the NYSE.

  • Business
    Benzinga

    Bulls & Bears Of The Week: Apple, Disney, Ford, Home Depot And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included leaders in entertainment, tobacco and video games. Bearish calls included a Detroit automaker and big box retailer. Last week began with a mystery

  • BP Uses Borrowed Tech to Drive Billions in Savings
    Business
    Bloomberg

    BP Uses Borrowed Tech to Drive Billions in Savings

    The searing heat triggers sensors that roughnecks extracting natural gas from a BP Plc well are wearing across their chests. The use of data in this scenario described by BP holds big promise for the company, which has cut billions of dollars of costs following oil’s recent existential slump. If applied widely, technology could save even more, with machines able to prevent people and equipment from breaking down, rather than hustling to expensively repair them.

  • 3 Energy Stocks You Can Buy and Hold for the Next Decade
    Business
    Motley Fool

    3 Energy Stocks You Can Buy and Hold for the Next Decade

    North America needs to build $23 billion of new natural gas-related infrastructure annually through 2035, according to a recent report. Three of the best positioned to capture this growth are Kinder Morgan (NYSE: KMI), Williams Companies (NYSE: WMB), and TransCanada (NYSE: TRP), making them great stocks to buy and hold in the coming decade. Kinder Morgan is already the largest natural gas pipeline company in North America, operating roughly 70,000 miles of pipeline.

  • Amazon earnings, GDP report — What you need to know for the week ahead
    Finance
    Yahoo Finance

    Amazon earnings, GDP report — What you need to know for the week ahead

    The stock market is looking for direction. This past week, markets had big swings up and down before closing the week mostly unchanged, with the tech-heavy Nasdaq dropping fractionally while the S&P 500 closed right at its 200-day moving average, a level that has been of particular focus for markets over the last several trading sessions. “The volatility in equity markets continued this week as a long list of domestic and global concerns overshadowed upbeat US economic data and a positive start to Q3 earnings season,” said Gregory Daco, head of U.S. economics at Oxford Economics.

  • Suze Orman has a killer question for your retirement
    Business
    MarketWatch

    Suze Orman has a killer question for your retirement

    Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah