GE CEO Jeff Immelt buys 50,000 GE shares, a purchase worth about $1.57M. CNBC senior markets commentator Mike Santoli and Stephanie Link, TIAA Global Asset Management, weigh in. » Read More
Warren Buffett's Berkshire Hathaway will invest $300 million in motorcycle-maker Harley-Davidson, getting a very impressive 15 percent annual interest rate for its money. While Buffett is getting well paid for taking on the risk, it does appear to be a vote of confidence in the ability of Harley, and its well-known brand, to survive the current economic downturn.
The economic slowdown remains front and center as some of the most influential CEOs convene at the Crain’s "Future of NYC" conference. Business chiefs that have been affected by the recession are brainstorming on ways to ride out these troubled times.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
One month into the year, the average dividend yield of the Dow 30 has gone up a bit since 2009 began, but is still down from where it was at the end of November. See how the 30 companies in the Dow compare.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
In recent months, Americans have been disappointed and appalled by Wall Street, banks, the big-budget film “Australia,” investment counselors, Detroit, the governors of at least two states, hedge fund managers and even the geese at La Guardia, which used to know better than to interfere with those metal birds they fly among.
"As goes January, so goes the year" is a common adage on the street. If that is the case, we are in for a tough rest of the year for the markets.
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Jack Welch, former charman and chief executive of General Electric, gave CNBC his outlook on the economy, U.S. innovation and current GE leadership.
More companies announced layoffs on Thursday as the employment picture continued to dim.
The on-and-off negotiations between the Screen Actors Guild and the Producers Association has been worthy of a daytime soap.
Despite the downturn in advertising — some experts expect overall ad spending to drop nine percent this year — the biggest ad event of the year is thriving.
Stocks climbed on Tuesday, with the S&P 500 and the Nasdaq up for a third straight day after encouraging news on the earnings front...
Stocks pulled off a gain — barely — as investors cheered earnings surprises from American Express and others amid an underlying buzz of anxiety about the economy.
General Electric, down $0.60 after the close (about 5 percent), as Moody's has announced they have placed GE and GE Capital's long-term debt ratings on review for possible downgrade.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Plus, get the Mad Money host's calls on General Electric, Home Depot, Lowe's and more.
Major indexes finished higher after a yo-yo session Monday, with banks ending mixed after several attempts at a rally.
The media have been flooded with articles and blogs complaining about the films, filmmakers and actors the Academy of Motion Pictures Arts and Sciences snubbed this year. Everybody's got an opinion and MovieTickets.com took a vote.