As two potentially major hurricanes are brewing in the Atlantic Ocean, investors bid up shares that stand to benefit from increase sales of plywood and generators and sold shares that would be hurt by damage claims. Hurricane Florence could strike a direct blow on the southeast U.S. later this week. Home Depot and Lowe’s shares

Fast-growing digital bank N26 isn’t only winning over consumers, it’s winning over more and more of Germany’s labor force. From its inception in 2013, the lender has garnered lots of attention, not only from renowned investors like Tencent Holdings Limited and Peter Thiel’s Valar Ventures; but also LinkedIn, who has crowned the challenger bank as

Marty Schwartz says he has “one lazy student” to thank for his online music career. Schwartz, who teaches guitar in San Diego, said that in 2005 that student came in for a lesson and for a third straight week couldn’t play the tune he was supposed to be learning. “I flipped open the camera on

Italy is the EU’s second biggest exporter to Russia, selling $7.46 billion worth of goods to Moscow in 2016, or 1.7 percent of all its exports, according to the Observatory of Economic Complexity. Meanwhile, it imported $11.2 billion in goods from Russia in the same year, or 2.8 percent of all Russian exports. “We want

The CEO and chairman of Riot BlockChain has resigned in the wake of unrelated charges by the U.S. Securities and Exchange Commission (SEC) against him for alleged fraud in connection with other companies. John O’Rourke who has been the company’s CEO since November 3, has been replaced by Chris Ensey and the new chairman of

The U.S. should not see a proposed European levy on internet giants as an attack against the country, French Finance Minister Bruno Le Maire told CNBC on Saturday — but took the opportunity to chide America on its trade war. A European Commission proposal would impose a 3 percent tax on big companies like Google,

Jon McNeill, president of global sales and service, left in February after 2 years. McNeill moved to ride-hailing company Lyft where he’s served as chief operating officer since February. Eric Branderiz, chief accounting officer, left in March after a year and a half, citing only “personal reasons.” He is now the chief financial officer at

Tesla announced that chief accounting officer Dave Morton was leaving the company after less than a month on Friday. Now CNBC has learned from several people familiar that Morton is becoming chief financial officer at Anaplan, a business software company that wants to go public. The company confirmed the news in a press release that

The Securities and Exchange Commission announced on Friday charges against a group of 10 individuals and their associated entities for long-running fraudulent schemes that brought in over $27 million. The SEC called those charged “microcap fraudsters” in a press release. Two of those charged were John O’Rourke, CEO of Riot Blockchain, and Barry Honig, once

Mondelez International‘s new CEO Dirk Van de Put said the snack food giant isn’t considering any broad price hikes increases to combat rising commodity costs. “You’ve all heard about the freight inflation and some of the other commodities. But overall, we are not looking at a sort of across-the-board price increase, no, no,” he told

Mainland Chinese buyers are expected to snap up an increasing amount of overseas real estate this year — even despite political resistance and sensitivity about such investments around the world. Chinese investments from infrastructure to property buying have been political hot potatoes during elections and beyond, with newly elected governments — such as Malaysia’s —

Passengers and crew on two American Airlines flights arriving from Europe were held away from other travelers upon arrival in Philadelphia on Thursday after several showed signs of “flu-like symptoms,” federal officials said. Customs and Border Protection said 12 passengers on two flights, Flight 755 from Paris and Flight 717 from Munich, showed signs of

Josh Edelson | AFP | Getty Images Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Apple is free to complete its purchase of music identification app Shazam, EU regulators said Thursday, in a boost for Apple’s Music

Intermountain Healthcare made a splash in January when it said it and other major hospital systems, fed up with drug shortages and skyrocketing prices, planned to manufacture their own generic medicines. Now it has a plan for how it’s going to do it. The Salt Lake City-based hospital system is teaming with the Mayo Clinic,

The legal saga between CBS and Redstone family-controlled National Amusements may soon be over. Entertainment news site Deadline first reported Wednesday, citing sources, that the two parties are engaged in settlement talks, which are limited to their legal disputes. Sources told Deadline that CBS CEO Les Moonves, who is being investigated amid sexual assault allegations,

Bradshaw said that Trump’s comments turned attention away from some of the more hard-hitting issues surrounding big tech. These include the fear that social media platforms were manipulated by foreign actors to meddle in elections, the distribution of fake news and other misinformation, and the data-driven microtargeting of voters with political advertising. “Social media allows

President Donald Trump told conservative website The Daily Caller on Tuesday that Nike‘s new ad campaign featuring former NFL quarterback Colin Kaepernick sent a “terrible message.” Nike announced on Monday that Kaepernick would be one of the faces of the company’s 30th anniversary of its “Just Do It” campaign, along with other athletes such as

Workday shares fell about 4 percent in extended trading on Tuesday, even though the cloud software company reported better-than-expected earnings for the fiscal second quarter, which ended July 31. Here are the key numbers: Earnings: 31 cents per share, excluding certain items, vs. 26 cents per share as expected by analysts, according to Thomson Reuters.

Facebook’s former security chief Alex Stamos is delivering a sobering warning — the U.S. is no better prepared to fight election hacking ahead of the 2018 midterm elections than it was two years ago when Russian agents hacked the 2016 presidential election, he said in an interview with CNN published Tuesday. “We have the risk

Verizon doesn’t sell its mobile phones or wireless plans over Amazon. Nor does it offer Fios, its high-speed internet service. But Verizon does advertise on Amazon. On Black Friday last year, when millions of online shoppers took to Amazon in search of deals, a Verizon ad for a Google Pixel 2 phone — buy one