GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. DETROIT General Motors’ $2.3 billion joint ventur…
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Wall Street veteran Karen Firestone knows all too well that stock picking isn’t as easy as it used to be, but her decades of e…
Jens Stoltenberg, Secretary General of NATO speaks with U.S. President Donald Trump ahead of the NATO Leaders meeting at the NATO HQ on December 3, 2019 in Watford, England. Underwriting Europe’s security and offering large and open markets to European goods…
People protest at a Uighur rally on February 5, 2019 in front of the US Mission to the United Nations, to encourage the State Department to fight for the freedom of the majority-Muslim Uighur population. The U.S. House of Representatives on Tuesday overwhelm…
Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced that Larry Page will step down as CEO and Google CEO Sundar Pichai will take over as chief executive of the…
Apple and Microsoft are leading the record market rally in 2019. The two have amassed a collective $819 billion in market cap this year, leading the Dow Jones Industrial Average to all-time highs. If those gains were stripped from the Dow, the blue-chip ind…
Beijing’s top priority in any phase one trade deal with the United States is the removal of existing tariffs on Chinese goods, China’s Global Times newspaper reported on Sunday, amid uncertainty on whether the two sides can end a 17-month trade war that has d…
Joe Sestak, a retired three-star admiral and former congressman, has dropped out of the presidential race. In a Sunday evening tweet, Sestak thanked his supporters. He said, however, “Without the privilege of national press, it is unfair to ask others to hus…
Black Friday shoppers spent $7.4 billion online, the second largest Internet shopping day ever, according to data compiled by Adobe Analytics. The $7.4 billion marked the biggest sales day ever for Black Friday and trailed only last year’s Cyber Monday’s $7.…
Don’t be surprised if a proposal billed as a middle-class tax cut emerges from the White House at some point next year. With the president’s hope to make it an election issue as recently described by his top economic policy advisor in an interview with CNBC …
Elon Musk, co-founder and chief executive officer of Tesla Motors. (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Wall Street analysts tend to run in packs, with most stock…
The resignation of Iraq’s prime minister helped trigger a drop in oil prices, but analysts say that may not be the right response by investors, as Iraq’s future may have just become even more uncertain. Iraq is the second largest oil producer in OPEC, with o…