Howard Stern Kevin Mazur | Getty Images Liberty Media CEO Greg Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and other audio content. Maffei, who joined CNBC’s David Faber from Liberty’s investor day in New York, said that while there is competition for audio content, exclusive agreements should
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The new movie “Dark Waters” may be about an attorney’s battle against chemical company DuPont, but the film could shine a sharper spotlight on the industry in general, hurting companies like 3M, Bank of America Merrill Lynch said on Wednesday. The film, which hits theaters on Friday and stars Mark Ruffalo, Anne Hathaway and Tim
Target CEO Brian Cornell appears on CNBC after ringing the opening bell at the New York Stock Exchange on the morning of November 28, 2014 in New York City. Getty Images Target is far and away the best performing retail stock of 2019. After reporting third-quarter results on Wednesday that crushed Wall Street’s expectation, Target
Optimism from the CEOs of two of the nation’s biggest retailers, Target and Walmart, show that American consumers are not tightening their belts due to trade tariffs, CNBC’s Jim Cramer said Wednesday. The views expressed by Target CEO Brian Cornell and Walmart CEO Doug McMillon, in CNBC interviews this week, “made me feel terrific,” Cramer
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images News | Getty Images Investors may be just too comfortable picking individual stocks, and ignoring the macro risks that could derail the rally and broadly hit all of the market’s stocks. Citigroup strategists, in a note,
FILE – In this Sept. 4, 2011 file photo shows the main plant facility at the Navajo Generating Station, from Lake Powell, in Page, Ariz. Two environmental groups are asking a federal court to set a deadline for the U.S. Environmental Protection Agency to issue mandates for pollution controls at two power plants, including Four
CNBC’s Jim Cramer ripped into Kohl’s on Tuesday after the department store chain reported disappointing earnings and warned on forward guidance. “This is awful,” Cramer said on “Squawk on the Street,” as shares of Kohl’s tumbled more than 18%, on pace for their worst single trading day since January 2017. Kohl’s on Tuesday morning reported
Ajit Pai Brad Quick | CNBC The Federal Communications Commission (FCC) announced on Monday that it will publicly auction off a valuable telecommunications asset, in a move investors viewed as a blow to U.S. satellite communications provider Intelsat. Shares of Intelsat dropped more than 40% in heavy trading volume after FCC Chairman Ajit Pai said
The world is getting windier, which means a surge in wind-generated power could be coming. A new study led by Princeton University researchers found that from 1978 to 2010 wind speeds decreased by about 2.3% per decade, but that things began to shift in 2010. Between 2010 and 2017 speeds increased roughly 7%, which means
A Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Goldman Sachs believes the U.S. economy is poised to snap back and certain stocks could have the most upside from the economic recovery. Cyclical stocks, those typically tied to economic growth, have led the record-setting rally in the past three months. While the