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Trump can't stop U.S. jobs from leaving

Trump can’t stop U.S. jobs from leaving

American companies have continued to ship jobs overseas on an almost daily basis during President Trump’s first 100 days in office. The flow persists, even as Trump has tried to use a string of executive orders, regulatory directives and tweets taunting …

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Travolta's Watchmaker Breitling Said Close to Sale to CVC

Travolta’s Watchmaker Breitling Said Close to Sale to CVC

Breitling, the Swiss watchmaker known for aviation-themed timepieces worn by actor John Travolta, is close to being sold to global private equity firm CVC Capital Partners, according to people familiar with the matter. A deal could be announced as early …

RBS is back in the black but it still has some huge issues looming over it

RBS is back in the black but it still has some huge issues looming over it

Ross McEwan, Chief Executive of RBS (Royal Bank of Scotland). Peter Macdiarmid/Getty Images The Royal Bank of Scotland swung back into the black in the first quarter — the first time since 2015 — but it is not as positive as it looks. The bank is …

Barclays revenue jumps up 16%

Barclays revenue jumps up 16%

Jes Staley speaks during a panel discussion at the Institute of International Finance (IIF) annual meeting in Washington September 25, 2011. Reuters LONDON – Barclays reported a revenue hike of 16% in the first three months of 2017, doubling pre-tax profits.

Barclays Posts Surprise Drop in First-Quarter Trading Revenue

Barclays Posts Surprise Drop in First-Quarter Trading Revenue

Barclays Plc became the latest European bank to post disappointing first-quarter trading results that failed to live up to the gains American firms reported. The firm posted a surprise drop in fixed-income trading revenue, in contrast with a collective 24 …

France's Patchy Recovery Misses Forecasts With 0.3% Growth

France’s Patchy Recovery Misses Forecasts With 0.3% Growth

Economy expanded 0.3% in first quarter as end 2016 revised up Macron, Le Pen face will off in run-off vote on May 7 The French economy grew less than forecast in the first quarter as consumer spending weakened and exports dropped. The 0.3 percent increase …

House prices are falling at their fastest rate since 2012 as people face 'squeeze on real incomes'

House prices are falling at their fastest rate since 2012 as people face ‘squeeze on real incomes’

A worker erects scaffolding outside a building being renovated in London, Britain, April 26, 2017. REUTERS/Toby Melville LONDON — House prices in Britain recorded their second monthly decline in April, Nationwide said on Friday. On a seasonally adjusted …

Trump can't stop U.S. jobs from leaving

Trump can’t stop U.S. jobs from leaving

American companies have continued to ship jobs overseas on an almost daily basis during President Trump’s first 100 days in office. The flow persists, even as Trump has tried to use a string of executive orders, regulatory directives and tweets taunting …

Marks & Spencer is getting into online groceries

Marks & Spencer is getting into online groceries

A customer shops in the food hall at a Marks & Spencer shop in central London May 21, 2013. British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales.

French Brexit Fund Sees Euro-Region Breakup as a Greater Risk

French Brexit Fund Sees Euro-Region Breakup as a Greater Risk

A French asset-management firm is offering its clients an opportunity to hedge against the euro zone’s break-up by betting on European exporters that sell most of their products outside the bloc. “If the euro zone was to explode in the worst-case …

China's Financial Crackdown Boosts Lure of Borrowing Offshore

China’s Financial Crackdown Boosts Lure of Borrowing Offshore

China’s crackdown on leverage may be having the unintended consequence of boosting the allure of selling debt overseas – potentially escalating currency risks, in particular for high-yield issuers. The most important market news of the day. While …

PRECIOUS-Gold set for worst week in seven as investors opt for riskier assets

PRECIOUS-Gold set for worst week in seven as investors opt for riskier assets

* Gold, however, is up over 1 pct in April * SPDR Gold holdings down 6 tonnes since Tuesday * Silver set for worst month since Nov. * Palladium hits highest since March 2015 (Adds comments, updates prices) By Swati Verma BENGALURU, April 28 (Reuters …

Trump finds that CEO-as-president isn't always a natural fit

Trump finds that CEO-as-president isn’t always a natural fit

Donald Trump won the White House by arguing that what America needed was a president who had proved himself as a steely and successful corporate leader with no political baggage — someone, say, like himself. If Abraham Lincoln relied on a team of rivals …

British Firms Optimistic as Consumers Seem 'Surprisingly Stable'

British Firms Optimistic as Consumers Seem ‘Surprisingly Stable’

Pound’s drop is helping exports as well as driving up prices British firms are becoming more optimistic about their prospects as consumers appear to be coping with Brexit-induced inflation. Business confidence rose to a 17-month high this month, possibly …

Oil prices face second weekly loss as oversupply lingers

Oil prices face second weekly loss as oversupply lingers

A pump jack used to help lift crude oil from a well in South Texas? Eagle Ford Shale formation stands idle in Dewitt County Texas Thomson Reuters By Henning Gloystein SINGAPORE (Reuters) - Oil prices stabilized on Friday but were on track for a second …

Jewelry Retailer Becomes a Billionaire Amid IPO Demand in China

Jewelry Retailer Becomes a Billionaire Amid IPO Demand in China

Shares of the gold and jewelery retailer rise 44 percent Chinese gem retailer Zhou Zongwen became a billionaire when his Chow Tai Seng Jewellery Co. surged in value following its initial public offering this week. Shares of the gold and jewelry seller rose …

Asian stocks tick up, euro subdued as ECB maintains easing bias

Asian stocks tick up, euro subdued as ECB maintains easing bias

A man walks in front of an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo Thomson Reuters By Nichola Saminather SINGAPORE (Reuters) - Asian stocks inched higher on Friday and looked set to close a strong week on a positive …

Japan Data Deluge Is Pointing to Economic Growth, Weak Inflation

Japan Data Deluge Is Pointing to Economic Growth, Weak Inflation

A flood of data the day after the Bank of Japan held monetary policy unchanged indicates that the modest recovery in the world’s third-largest economy is continuing for a fifth quarter, yet inflation largely refuses to budge. Consumer prices excluding …

Earnings Buoy Nasdaq Futures; Asia to Start Lower: Markets Wrap

Earnings Buoy Nasdaq Futures; Asia to Start Lower: Markets Wrap

Better-than forecast results at Amazon.com Inc. and Alphabet Inc. buoyed Nasdaq futures, while Asian equities were set for a weaker start as investors await earnings from some of China’s biggest banks. U.S. stocks and the dollar ended the session little …

Cathay's New CEO Faces One of Aviation's Toughest Turnaround Jobs

Cathay’s New CEO Faces One of Aviation’s Toughest Turnaround Jobs

Friends and executives clinked their champagne flutes for Rupert Hogg late last week at a sky lounge offering a view of Hong Kong’s Victoria Harbour, wishing him success as he assumes the CEO role on May 1 at Cathay Pacific Airways. A can of Red Bull …

Third Point's Dan Loeb says 'animal spirits matter' in super bullish letter about the Trump trade

Third Point’s Dan Loeb says ‘animal spirits matter’ in super bullish letter about the Trump trade

Bullish missive from Loeb obtained by CNBC Thursday after the market close. “While we recognize that we are in the late stages of an economic cycle, experience has taught us not to miss the end of an expansive period,” wrote the Third Point manager.

Weakness in Intel's most vital post-PC business gave Wall Street a nasty surprise

Weakness in Intel’s most vital post-PC business gave Wall Street a nasty surprise

Intel reported lower-than-expected quarterly revenue due to an unexpected slowdown in growth at its data center business, on which the world’s largest chipmaker is banking to reduce its reliance on the personal computer market. The company’s shares fell …

Futures point to mixed start in Asian markets; focus on US tech earnings, ECB decision

Futures point to mixed start in Asian markets; focus on US tech earnings, ECB decision

Futures indicated a mixed start for markets in Asia, following higher tech earnings in the U.S. after the closing bell and the European Central Bank’s (ECB) decision to hold rates. Amazon and Alphabet both beat Street expectations on both the top and …

Friday could be the day stocks take a run at breaking to new highs, but here's what could go wrong

Friday could be the day stocks take a run at breaking to new highs, but here’s what could go wrong

Earnings beats by big tech names could help boost the market, but the “Friday-afternoon effect” may short-circuit their run. “It’s just a question of which psychology is going to have more effect on the market,” said Scott Redler of T3Live.com. Strong …

Risen From the Grave, Keystone XL Pipeline Again Divides Nebraska

Risen From the Grave, Keystone XL Pipeline Again Divides Nebraska

PAGE, Neb. — The fight seemed over. Plans to bury an oil pipeline in the Nebraska dirt, through hilly grazing land near the Elkhorn River and flat expanses of corn farther south, had been halted. Farmers and ranchers who spent years opposing the project …

The Empire Strikes Back: India to Oust Britain from Top 5 Economies

The Empire Strikes Back: India to Oust Britain from Top 5 Economies

India will overtake Germany in 2022 as the world’s fourth-largest economy and push Britain out of the top five, based on analysis of growth projections by the International Monetary Fund. But the challenges the South Asian nation must surmount to get …

Nasdaq closes at a record high ahead of major tech earnings

Nasdaq closes at a record high ahead of major tech earnings

U.S. stocks closed higher Thursday ahead of major tech company earnings. The Dow Jones industrial average and the S&P 500 struggled to hold opening gains, while the tech-heavy Nasdaq composite closed at a record high. Comcast, PayPal and Amazon.com were …

Cramer: How oil's 'false tell' could set off a market-changing domino effect

Cramer: How oil’s ‘false tell’ could set off a market-changing domino effect

When oil prices sank on Thursday, Jim Cramer took a look at what truly caused the drop and how cheaper oil’s “domino effect” could have a sway on investing patterns going forward. “Oil is what we call a false tell. It’s signaling the wrong thing,” the “Mad …

China's Enrichment Spawns Mature Problem -- Middle Class Angst

China’s Enrichment Spawns Mature Problem – Middle Class Angst

China’s industrial revolution may soon hand authorities a problem more typical in mature economies: how to appease the growing discontent of the middle class. The rapid march from poverty to economic superpower gifted China’s middle class explosive …

These CEOs Wanted To ‘Fix The Debt’ Until Trump Proposed A Massive Corporate Tax Cut

These CEOs Wanted To ‘Fix The Debt’ Until Trump Proposed A Massive Corporate Tax Cut

Fix the Debt exists for one reason: to argue for less U.S. government debt. It is an organization explicitly founded on the idea that lots of government debt is bad, there is already too much of it, and more is worse. To help push the economically dubious …

United CEO releases video message

United CEO releases video message

“This is just the beginning of how we earn back your trust,” Oscar Munoz, CEO of United Airlines, said in a video apology. “It’s all about putting our customers at the center of what we do.

Weak first-quarter GDP expected, could lead to second-quarter bounce

Weak first-quarter GDP expected, could lead to second-quarter bounce

Just like last year, economic growth in the first quarter looks stagnant, but many economists expect a bounce back in the second quarter. First-quarter gross domestic product is scheduled to be reported at 8:30 a.m. ET Friday, and economists surveyed in …

Microsoft's fiscal 3Q revenue falls short of expectations

Microsoft’s fiscal 3Q revenue falls short of expectations

Microsoft’s cloud business propelled its fiscal third-quarter earnings above Wall Street’s expectations, but revenue fell short, sending the software maker’s stock lower in after-hours trading. Microsoft Corp. said Thursday that it earned $4.8 billion, or …

Toronto-Dominion Joins Other Banks Seeking Toronto Office Space

Toronto-Dominion Joins Other Banks Seeking Toronto Office Space

Toronto-Dominion Bank is looking for as much as 550,000 square feet (51,100 square meters) of office space in Toronto, following the lead of other lenders that have snapped up additional real estate in North America’s fourth-largest city. Canada’s …

Google's own services are grabbing a larger share of ad money away from its partner sites

Google’s own services are grabbing a larger share of ad money away from its partner sites

Ad revenue from Google’s own properties rose more than twice as fast as sales on partner sites. Sales rose more than twice as fast on its services. Such sales now comprise 81% of total ad sales, up from 71% a year earlier. Google’s own internet services …

Starbucks' New CEO Faces Early Challenge: Reigniting Sales

Starbucks’ New CEO Faces Early Challenge: Reigniting Sales

Starbucks Corp.’s new chief, who took the job this month, isn’t getting much of a honeymoon. The shares declined as much as 4.6 percent in late trading Thursday after quarterly sales missed analysts’ estimates, renewing concerns that competition and …

Revisiting Nafta: The Stakes for Key Industries

Revisiting Nafta: The Stakes for Key Industries

President Trump may not be terminating the North American Free Trade Agreement, known as Nafta, but that doesn’t mean the deal is safe. After telephone calls with President Enrique Peña Nieto of Mexico and Prime Minister Justin Trudeau of Canada on …

United Airlines settles with bloodied passenger, overhauls policies

United Airlines settles with bloodied passenger, overhauls policies

April 27 (UPI) –After a three-week public relations nightmare, United Airlines on Thursday announced a settlement with the passenger at O’Hare International Airport who was bloodied and hauled off a flight. United didn’t reveal the amount of its …

Big market day tomorrow: Nasdaq futures surge after hours on Amazon, Alphabet earnings

Big market day tomorrow: Nasdaq futures surge after hours on Amazon, Alphabet earnings

Nasdaq 100 futures surged after hours Thursday after encouraging earnings from Amazon.com and Google parent Alphabet. Shares of Amazon.com climbed more than 4 percent in extended trade after reporting earnings per share and revenue well above expectations.

Trump's Canada Feud May Help Oregon, Washington Timber Economy

Trump’s Canada Feud May Help Oregon, Washington Timber Economy

States top producers of softwood lumber within the U.S. Trump announced tariffs up to 24 percent on Canadian imports President Donald Trump’s tariffs on Canadian softwood lumber may create some winners in the U.S. – specifically Oregon and Washington.

Physician who was dragged off flight settles with United

Physician who was dragged off flight settles with United

A Kentucky doctor who was dragged off a United flight after he refused to give up his seat to employees of a partner airline reached a settlement Thursday with United for an undisclosed amount of money. David Dao’s legal team said in a brief statement that …

Videos

Was this the night Trump decided to run?

Was this the night Trump decided to run?

2017: An Easy Year To Make Money? | Trading Nation | CNBC

2017: An Easy Year To Make Money? | Trading Nation | CNBC

Jeremy Siegel Makes The Bull Case For Stocks | Trading Nation | CNBC

Jeremy Siegel Makes The Bull Case For Stocks | Trading Nation | CNBC

David Rosenberg On The Economic Outlook | Trading Nation | CNBC

David Rosenberg On The Economic Outlook | Trading Nation | CNBC

Facebook And Google Victims Of Elaborate Cyber Crime: Bottom Line | CNBC

Facebook And Google Victims Of Elaborate Cyber Crime: Bottom Line | CNBC

President Trump Can sometimes Be Swayed By Face Time With A CEO | CNBC

President Trump Can sometimes Be Swayed By Face Time With A CEO | CNBC

President Trump: Changed Mind On Leaving NAFTA, Will Now Renegotiate | CNBC

President Trump: Changed Mind On Leaving NAFTA, Will Now Renegotiate | CNBC

'The Circle' director on a world without privacy

’The Circle’ director on a world without privacy

Trader Breaks Down The Weakness In Crude | Trading Nation | CNBC

Trader Breaks Down The Weakness In Crude | Trading Nation | CNBC

Heineken ad attempts to bridge divides

Heineken ad attempts to bridge divides

House Speaker Paul Ryan: Democrats Have Dragged Feet On Government Shutdown Threat | CNBC

House Speaker Paul Ryan: Democrats Have Dragged Feet On Government Shutdown Threat | CNBC

House Speaker Paul Ryan: We're Having Constructive Health Care Discussions | CNBC

House Speaker Paul Ryan: We’re Having Constructive Health Care Discussions | CNBC

United Airlines Creating Customer Solutions Team | CNBC

United Airlines Creating Customer Solutions Team | CNBC

El-Erian: Protectionism Will Be Bad For Stock Market | CNBC

El-Erian: Protectionism Will Be Bad For Stock Market | CNBC

El-Erian: To Sustain Market Move We Need Tax Details And Implementation | CNBC

El-Erian: To Sustain Market Move We Need Tax Details And Implementation | CNBC

More North Korean Elites Think Kim Jong Un Is Weak | CNBC

More North Korean Elites Think Kim Jong Un Is Weak | CNBC

Nintendo's Forecasting A 121% Profit Surge This Year | CNBC

Nintendo’s Forecasting A 121% Profit Surge This Year | CNBC

Leading Presidential Candidate In Mexico Wants To Dismantle Trump's Proposed Border Wall | CNBC

Leading Presidential Candidate In Mexico Wants To Dismantle Trump’s Proposed Border Wall | CNBC

This Cute, Sidewalk-Cruising Robot Is Replacing Your Delivery Man | CNBC

This Cute, Sidewalk-Cruising Robot Is Replacing Your Delivery Man | CNBC

Tom Hanks and Emma Watson talk social media

Tom Hanks and Emma Watson talk social media

Amazon Announces The Echo Look: Bottom Line | CNBC

Amazon Announces The Echo Look: Bottom Line | CNBC

Here's how tax cuts affect the economy

Here’s how tax cuts affect the economy

United Airlines Announces Passenger Policy Changes | CNBC

United Airlines Announces Passenger Policy Changes | CNBC

OMB Director Mick Mulvaney: Looking To Get Back To 3% Growth | Squawk Box | CNBC

OMB Director Mick Mulvaney: Looking To Get Back To 3% Growth | Squawk Box | CNBC

Full Interview: Commerce Secretary Wilbur Ross Talks Trade, Trump And Taxes | Squawk Box | CNBC

Full Interview: Commerce Secretary Wilbur Ross Talks Trade, Trump And Taxes | Squawk Box | CNBC

Waste Management CEO: Collecting Profits | Mad Money | CNBC

Waste Management CEO: Collecting Profits | Mad Money | CNBC

Joseph Gordon-Levitt on our celebrity obsession

Joseph Gordon-Levitt on our celebrity obsession

New Calls For Elon Musk to 'Dump Trump' | CNBC

New Calls For Elon Musk to ‘Dump Trump’ | CNBC

The Highlights Of President Donald Trump's Proposed Tax Plan | CNBC

The Highlights Of President Donald Trump’s Proposed Tax Plan | CNBC

Adidas president addresses tone-deaf Boston Marathon e-mail

Adidas president addresses tone-deaf Boston Marathon e-mail

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