Sen. Bernie Sanders Monday proposed an “inequality tax” that would hit McDonald’s, J.P. Morgan and Walmart especially hard, according to the Sanders campaign. The presidential candidate announced Monday a proposed tax on companies with a large gap between the CEO’s pay and the median salary of its workers. “It is time to send a message
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European stocks are set to open slightly lower Monday morning, amid reports the U.S. is considering imposing investment curbs on China. The FTSE 100 is seen 8 points lower at 7,418, the CAC is expected to open down around 10 points at 5,630, while the DAX is poised to start 17 points lower at 12,363,
Workers sewing shoes at a factory in Qingdao in China’s eastern Shandong province. AFP | Getty Images China said on Monday that manufacturing activity in the world’s second-largest economy contracted for the fifth straight month. The official Purchasing Managers’ Index (PMI) was 49.8 in September — slightly exceeding the 49.5 that analysts polled by Reuters had expected.
The 2019 Acura NSX Mack Hogan | CNBC Acura reinvented the supercar 29 years ago with the original NSX. The high-powered, mid-engined supercar went toe-to-toe with Ferrari and Porsche while offering Acura levels of reliability and ease of use. While Ferrari owners had to pull the engine out of their cars every few years for
When executives at consumer-facing companies refer to their customer, it’s typically using the pronoun “she.” It’s ironic, that very few of those same companies are run by women. That’s not the case at Best Buy. Corie Barry took over the top job in June as the consumer electronics retailer’s first female chief executive, one of
[This stream is slated to begin at 9 p.m. ET. Please refresh if you do not see the player above at that time] SpaceX founder and CEO Elon Musk is slated to give an updated presentation on the company’s Starship rocket on Saturday evening in Cameron County, Texas. The massive rocket represents the company’s ambition
SpaceX founder and CEO Elon Musk will provide an update on the company’s next-generation rocket as well as its plans for trips to the moon and Mars from a growing facility in the southernmost part of Texas Saturday evening. Called Starship, this rocket represents the vessel of SpaceX’s vision: Make humanity a species that lives
Digital pharmacy GoodRx is now helping patients do more than just price shop for prescription drugs, co-founder and co-CEO Doug Hirsch told CNBC’s Jim Cramer on Friday. It’s going directly into the world of medical services by launching GoodRx Care, which allows people to see a board-certified physician for a number of conditions, starting at
CNBC’s Jim Cramer reacts to the Trump administration’s move to consider stopping U.S. investors from investing into China’s businesses and debriefs the 2019 class of IPOs. The “Mad Money” host makes recommendations for investors who are worried about the future of the American health care system. He holds an interview with the CEO of CNBC
McDonald’s plant-based burger Source: McDonald’s Let the plant-based burger wars begin. McDonald’s on Thursday announced testing of the P.L.T., a plant-based burger, in Canada. Rival Burger King is already several steps ahead. It launched its own meatless burger nationwide in August, following the lead of Carl’s Jr. and White Castle. Plant-based burgers from Impossible Foods