Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
Ad-tech company The Trade Desk is launching a campaign to show how it differs from tech giants like Google and Facebook.Technologyread more
The streaming wars may have claimed a new victim, and one technical analyst says it could be about to get worse.Trading Nationread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.Singapore Summitread more
No quid pro quo, there was nothing," Trump said the call. "It was a perfect conversation."Politicsread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
For the first time in history, the Dow Jones industrial average on Thursday climbed above the 17,000 level, but does it really matter?
To CNBC's Jim Cramer, the answer is not really.
Made up of 30 stocks that trade on the New York Stock Exchange and Nasdaq, the Dow is one of the oldest and most watched indexes in the world. The stocks that trade on the Dow are all well-known companies, such as Coca-Cola, Microsoft and Walt Disney.
The S&P 500 index, on the other hand, consists of 500 stocks picked for market size, liquidity and industry, among other factors.
Being as the Dow only tracks 30 stocks, a fraction of the 500 stocks followed by the S&P, the latter is thought to provide the better read on the market, Cramer said on "Squawk on the Street."
"S&P is what you have to focus on. Dow is fun. I like to talk about it because it's 30 companies everybody's heard of," Cramer said. "But the S&P is where the money is and that's how people trade. ... There's not billions of dollars indexed to the Dow."
"So it's nice. It's a talking point, but it's not what the stock market is about," he said.
—By CNBC's Drew Sandholm
DISCLOSURE: When this story was published, Cramer's charitable trust did not own shares of Coca-Cola, Microsoft and Walt Disney.