Feed items
Samsung heir pledges to end family's corporate dynasty
The apology was Lee’s first public statement in five years; the last was when he publicly apologized for Samsung’s botched handling of Middle East Respiratory Syndrome at Samsung Medical Center, a hospital in Seoul. On Wednesday, he also apologized for the company’s recent union-busting and pledged to guarantee labor rights going forward.
Stocks are pricier than they've ever been since dot-com bubble
U.S. stocks are trading at pricier valuations relative to corporate profits than at any point since the dot-com bubble in 2000 and these measures are flashing warning signs even when completely ignoring the short-term impact of the COVID-19 epidemic and instead focusing on next year’s economy, analysts warn.
Big tech had a strong first quarter. The next one could be much harder
As the economic crisis caused by coronavirus unfolded, some investors braced for painful first quarter corporate earnings. But in the tech sector, most companies' results indicted resilience despite the massive disruption.
Dow closes lower for the first time in 3 days
The Dow Jones Industrial Average and S&P 500 fell for the first time in three days Wednesday as investors weighed the prospects of reopening the economy along with a dismal report on U.S. payrolls.
What double-digit unemployment will do to your stock portfolio
With unemployment likely to remain elevated for some time, here's what investors need to know.
Largest Philippine Broadcaster Shares Halted After Shutdown
Trading of shares in ABS-CBN Corp., the Philippines’ largest media company, was suspended by the bourse after the government shut its television and radio stations on Tuesday.
'Where's the beef?' Wendy's pulls burgers off the menu at some locations
Fast food restaurant Wendy's is taking burgers off menus in some store locations due to a meat shortage.
30 Best Social Distancing Mother's Day Gifts
This Mother's Day is a good time to get creative with your gift.
United Airlines service workers' union sues over schedule cuts after carrier got federal aid
United fleet and passenger service workers are suing the airline over a planned cut to their hours, saying it violates their contract and the law providing billions in coronavirus aid from the government.
Disney Shanghai will open May 11 with social distancing rules in place
CNBC's Julia Boorstin reports breaking news on Disney Shanghai.
Facebook
Become a fan
Twitter
Follow us
RSS
Subscribe