Check out the companies making headlines before the bell: General Electric – GE announced actions to cut its pension plan deficit by up to $8 billion and net debt by up to $6 billion. Those actions include freezing the pension plan for current employees and offering lump-sum buyouts to retirees who have not yet begun
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Budweiser beer products manufactured by Anheuser-Busch InBev NV sit on display during a news conference in Hong Kong, China, on Thursday, July 4, 2019. Kyle Lam | Bloomberg | Getty Images The world’s largest brewer is making a big push for China and other parts of Asia — but it could prove challenging for Anheuser-Busch
Joaquin Phoenix portrays Arthur Fleck in Warner Bros. “Joker.” Warner Bros. Warner Bros. certainly has something to smile about this weekend. “Joker” hauled in $93.5 million in its opening weekend, the highest debut for a film released in October in cinematic history. “Venom,” a film about the origins of the Spider-Man villain of the same
Jeffrey Coolidge | The Image Bank | Getty Images Stones Gambling Hall in Sacramento, California says it will not livestream poker games pending an investigation into cheating allegations made against one of the game’s players, Mike Postle. Postle has been a regular on “Stones Live,” a live poker game streamed on Twitch. His success in
David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images Hedge fund manager David Tepper will continue to manage money for 15 investors and return the rest of Appaloosa Management‘s outside capital as he begins to convert it into a family office, Bloomberg reported Saturday. His firm will begin to return money to clients at the
It seems like every year, pro athletes in the NFL, NBA and MLB are signing new record-breaking contracts every season. But not all players are landing headline-worthy deals, and there are pretty sizable gaps in average player compensation across the three leagues. Toronto Raptors guard Kyle Lowry (7) kisses the trophy after the Toronto Raptors
Nike: “I think it goes higher, why? Because they had one of the best quarters that I have seen in ages. And my congratulations to [CEO] Mark Parker, who will not come on this show and it’s beginning to really break my heart.” Huami Corp.: “There’s only one device company in the whole wide world that’s worth
CNBC’s Jim Cramer gives viewers a preview of his schedule for the week ahead, with a few earnings reports and U.S.-China trade news taking center focus. The “Mad Money” host gave investors his blessing to start a position in Clorox and buy shares incrementally, but warns not to expect the stock price to rebound in
The U.S. manufacturing sector is not in a good place. The latest poor results came from the government’s jobs report on Friday. The Labor Department reported that manufacturers lost 2,000 jobs in September, well below the 18,000 positions it added this time last year and even below the 2,000 gain it saw in August. Machinery
Thomas Barwick | Stone | Getty Images Access to capital no longer represents a barrier to the digitalization of small businesses, according to experts speaking on a panel earlier this week. “I don’t think that, today, it should be a problem… today the technology is not so expensive,” Javier Garcia Lluis said during the discussion