A company owned by the Chinese government is building schools in South Carolina and fixing bridges in NY State. Still, China Construction of America, wants to be seen as an American company, reports CNBC's Michelle Caruso-Cabrera.
Lululemon Athletica had a few missteps during the crucial holiday season but sees no reason to start discounting its athletic apparel, CEO Christine Day told CNBC.
JPMorgan discloses a lengthy play-by-play of how the Whale trade was discovered and handled, reports CNBC's Kayla Tausche. Matt Burnell, Wells Fargo, weighs in.
ANA pilots saw a battery warning light come on and noticed a smell, reports CNBC's Phil LeBeau. Yair Reiner, senior analyst at Oppenheimer, also weighs in.
NBC's Anne Thompson reports Lance Armstrong confessed to using performance enhancing drugs in an interview with Oprah Winfrey; and CNBC's Scott Cohn reports Armstrong has now complied with the subpoena for all of his medical records.
Facebook shares are selling off on its "graph search" announcement, with David Fitzpatrick, author of "The Facebook Effect, and the CNBC's "Power Lunch" crew.
All of Morgan Stanley's employee bonus' - both cash and stock - will be deferred if their total comp is more than $350,000 and the bonus portion of that pay exceeds $50,000, reports CNBC's Mary Thompson.
CNBC's Sue Herera and Tyler Mathisen take you through the heart of the business day with intelligent and lively debate on the day’s biggest stories, whether they originate on Wall Street or in Washington. "Power Lunch" delves into the economy, the markets, real estate, media and technology –- anywhere there’s money to be made. "Power Lunch" also takes you outside the studio and into some of the hottest spots where news is being made, broadcasting live from conferences, trade shows and even restaurants where the real power lunches are taking place.
Mathisen is a co-anchor on CNBC's "Power Lunch" and is also the Vice President for Strategic Editorial Initiatives at CNBC. Mathisen also co-anchors "Nightly Business Report produced by CNBC,"