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Cramer Remix: How to play Nvidia in a volatile market

CNBC's Jim Cramer is confident that he's pinpointed the real cause of the market-wide sell-off that has weighed on stocks for much of the week. Very few stocks can withstand hedge-fun-led pain like this, Cramer warned. "Nvidia reported after the close and it was down hard all day today because of this nonsense I'm describing. But this stock managed to rally in the after-market because the quarter was that fantastic," Cramer said. "If we get a huge down opening tomorrow, which is certainly likely

By | 2018-02-07T16:00:00+00:00 February 7th, 2018|companies, Uncategorized|0 Comments

Amazon Prime Air pilots to protest at shareholders meeting

When Mike Griffith, a career pilot, learned last year that his company Atlas Air signed a big contract to fly for Amazon's Prime Air program, he was ecstatic to take part in what he believed to be the future of logistics. Griffith, 52, is so concerned about his company's ability to hold up its end of the Amazon deal that he's heading to Seattle for its shareholders meeting on Tuesday. Griffith will be picketing along with about 50 other pilots from Atlas and air cargo conglomerate Air Transport

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

The 10 colleges that produce the most billionaires

We've all heard about college dropouts who became billionaires. Bill Gates, Mark Zuckerberg and Michael Dell all left college without a diploma only to succeed wildly. According to research firm Wealth-X, 70 percent of billionaires have a bachelor's degree. Wealth-X also provided CNBC with the top "billionaire universities" in the world, along with the number of current billionaires who received degrees (bachelor's, master's, MBA, JD, MD or PhD) from each. Read on to see which institutions yield

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Facebook leaks reportedly reveal why it allows some videos of suicide and deaths to stay online

Facebook's internal guidelines on how it deals with a swathe of posted content from violence to revenge porn, has been leaked and published by The Guardian. The documents reveal the often strenuous conditions moderators work under which includes having to make a decision on whether a post should be removed in just 10 seconds, according to the report. The Guardian said it had seen over 100 internal training manuals, spreadsheets and flowcharts, on how Facebook moderators treat issues such as viol

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Kudlow: Don’t Bet against Tax and Health-Care Reform in 2017

And while there's never 100 percent probability in forecasting political risk, it seems the likelihood of health-care reform by the summer and tax reform by year end (or early 2018), is quite high. Paradoxically, special counsel Robert Mueller will provide cover for President Trump, as it will take him many months to complete his investigations. Acting FBI director Andrew McCabe told Congress there's been no interference in the FBI's investigations and no request for additional funding. He think

By | 2017-05-19T17:00:00+00:00 May 19th, 2017|companies|0 Comments

White House looking at using ethics rule to weaken special investigation: Sources

The Trump administration is exploring whether it can use an obscure ethics rule to undermine the special counsel investigation into ties between President Donald Trump's campaign team and Russia, two people familiar with White House thinking said on Friday. Legal experts said the ethics rule can be waived by the Justice Department, which appointed Mueller. Even if the Justice Department granted a waiver, the White House would consider using the ethics rule to create doubt about Mueller's ability

By | 2017-05-19T17:00:00+00:00 May 19th, 2017|companies|0 Comments

Deere cautiously upbeat on South America ag market despite unfolding Brazil crisis

Deere on Friday expressed cautious optimism about the agricultural outlook for its South American business despite an emerging political crisis in Brazil that puts recovery of the country's farm sector at risk. Deere still is forecasting down sales in the current fiscal year from its North American ag business but said it is seeing signs of "stabilizing." As for South America, Deere said during its earnings call that prior to the recent political uncertainty in Brazil it was seeing the farm mach

By | 2017-05-18T17:00:00+00:00 May 18th, 2017|companies|0 Comments

The top concerns of world’s most audacious visionary CEOs

A number of other founders and CEOs surveyed say they think of themselves as rule-breakers, but thoughtful ones. "The biggest thing you're investing in is the entrepreneur," he said. "It turns out early stage, middle stage, late stage, you're investing in the entrepreneur. So you're looking for someone who is passionate, can tell a story, and most of all, is persistent." Thirty-two of this year's Disruptor companies responded to the survey.

By | 2017-05-18T17:00:00+00:00 May 18th, 2017|companies|0 Comments

Steward IASIS merger should be stopped—Commentary

Just when it seemed like the furious pace of hospital mergers in America was slowing down, we learned Friday morning that Boston-based Steward Health Care System will buy Tennessee-based IASIS Healthcare for $1.9 billion. The deal will make Steward the largest private for-profit hospital operator in the country with 36 hospitals across 10 states. Because the more hospitals merge, the more it costs all of us for our health care. From 2013 to 2015, merger and acquisition activity among U.S. hospit

By | 2017-05-18T17:00:00+00:00 May 18th, 2017|companies|0 Comments

Trump to Russians in Oval Office: Firing ‘nut job’ Comey eased pressure, NYT reports

In an Oval Office meeting last week, President Donald Trump reportedly told Russian diplomats that ex-FBI Director James Comey is a "nut job" and that firing him relieved "great pressure," according to The New York Times. He was crazy, a real nut job," Trump reportedly said. "I faced great pressure because of Russia. The White House also did not dispute it when asked subsequently by NBC News. The White House spokesman said in a statement to CNBC that Comey "created unnecessary pressure on our ab

By | 2017-05-18T17:00:00+00:00 May 18th, 2017|companies|0 Comments
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