Technology investor Paul Meeks is no longer avoiding the group that made him famous on Wall Street. Meeks, who ran the world’s biggest tech fund for Merrill Lynch in the late 1990s and early 2000s, expects the tech-heavy Nasdaq to end the year at least 10 percent higher. “I’m starting to creep out of the

According to London-based research company Euromonitor, global lip products (which account for lipstick, lip gloss and liner) are projected to jump 18 percent between now and 2022 – even with global growth expected to taper off. And during the great recession, lip products actually fell by nearly 3 percent, according to marketing research company Mintel.

The biggest banking deal since the financial crisis has more to do with technology than any traditional bank metric, CNBC’s Jim Cramer said Friday of BB&T’s pivotal $66 billion commitment to buy rival SunTrust Banks. “To me, this BB&T merger of equals with SunTrust is about keeping up with the Joneses — in this case,

Under Armour: Cramer still preferred competitor Nike’s stock over Under Armour’s ahead of the latter’s Tuesday earnings report. “It’s Under Armour’s bad luck that they compete against one of the best-run businesses on earth,” he said. Molson Coors: The “Mad Money” host also didn’t expect much from Molson Coors’ quarterly results, though he did note

CEO James Park told CNBC, in his first public statement about the new device, that his company’s revenue is increasingly tied to business customers. It now has 6.8 million patients, employee and health plan members signed up for wellness programs that incorporate Fitbit devices. Fitbit has been developing software to help companies give employees tools

Skechers stock rocketed 16 percent higher in premarket trading after the shoemaker gave strong profit guidance for the quarter ahead while reporting better-than-expected fourth-quarter earnings Thursday evening. “2018 was a year of record sales—our first fourth quarter of over a billion dollars and, combined with three previous record quarters, a new annual sales record of

Jaap Arriens | NurPhoto | Getty Images The Clock application is seen on an Apple iPhone in this photo illustration on January 29, 2019. Apple on Thursday threatened to remove applications from the App Store if they record users’ actions without their explicit permission. Earlier this week, TechCrunch reported that iPhone apps from Expedia, Air

Shares of Barbie owner Mattel skyrocketed more than 15 percent on Thursday, after the company reported better-than-expected fourth quarter earnings and revenue after the closing bell. The toy company said it earned 4 cents per share on $1.52 billion in revenue in the quarter ended Dec. 31. Wall Street had expected Mattel to post a

SpaceX quickly passed another milestone in the development of its Raptor rocket engine on Thursday, founder and CEO Elon Musk shared in a tweet. “Raptor just achieved power level needed for Starship & Super Heavy,” Musk said. @elonmusk: Raptor just achieved power level needed for Starship & Super Heavy Musk’s tweet comes just over three

Chesnot | Getty Images Visitors look at a BMW i3 electric automobile during the Paris Motor Show on October 14, 2014 in Paris, France There were several surprises that emerged from the research, according to Brannon, starting with the fact that the impact on range was pretty much uniform among all five of the battery-electric

On-demand delivery company Instacart announced on Wednesday that it plans to overhaul the way it pays its contracted workforce to ensure that tips do not subsidize its workers’ pay. On Monday, NBC News reported that Instacart and other delivery companies including Doordash were using customer tips to subsidize the fees the company paid to drivers

Jack Dorsey, the billionaire founder of tech firms Twitter and Square, is still bullish on the world’s most valuable cryptocurrency. Dorsey said in a tweet Tuesday evening that — out of the hundreds of virtual currencies in existence — the only one he currently holds is bitcoin. “I only have bitcoin,” the entrepreneur told his

Saul Loeb | AFP | Getty Images Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol Hill in Washington, DC. Facebook on Tuesday night announced it revamped its performance review system and will now

Michael Short | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google In the rapidly growing virtual assistant market, Google is no longer worried about Microsoft Cortana. In its 2018 annual report, which was published on Tuesday, Alphabet tweaked a line about competitors, removing Microsoft while keeping Amazon and Apple. The deletion suggests

You might think that just about everybody is buying groceries online today, as retailers like Walmart, Kroger and Amazon race to perfect their delivery services and tout their abilities to get food to shoppers’ homes in under an hour. But that’s not exactly the case. Grocery shoppers are still concerned they’re being charged higher prices

Keyur Khamar | Getty Images Rory McIlroy of Northern Ireland smiles and holds the tournament trophy while wearing a replica Arnold Palmer red cardigan following his three stroke victory on the 18th hole green in the final round of the Arnold Palmer Invitational presented by MasterCard at Bay Hill Club and Lodge on March 18,

China’s broader economy may be slowing, but its aviation market is booming and is set to become the world’s largest in just a few years as a rising consumer class spends more on travel. The International Air Transport Association forecast in October that the country will overtake the United States as the world’s biggest market

Turning Wow around would be a new challenge for Franke, but it’s a familiar place for him. “I had become something of a ‘Mr. Fix It,'” Franke said in an interview. He had been tapped to run America West when it was in bankruptcy in 1993. He said he planned to stay for six months

WeChat and Alipay have often been described as “super apps” because everything is integrated within one service. Instead of having one app for banking and another for ride-hailing, a lot of these are built directly into WeChat so that the app becomes a one-stop shop for its users. Companies may choose to launch mini-programs —

Freezing sperm can cost hundreds or thousands of dollars, depending on how long it’s stored. Legacy offers three different options, with the least expensive costing $350 for one deposit and short-term storage at $20 per month and the most expensive costing $5,000 for three deposits and 10 years of storage. Dadi sells its kit for