SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
An annual survey by Piper Jaffray found iPhone users willing to upgrade to newly released models declined compared to last year.Technologyread 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
Microsoft is looking for a new way to grab business from retailers as they fend off Amazon.Technologyread more
The holidays are a critical time for many brands, as sales during this time of year can make up 30% of a retailers annual sales. Heading into the gift-giving season, shoppers...Retailread more
Banks have historically used armies of mortgage brokers to gather income and asset documents from prospective borrowers.Financeread more
Guggenheim reiterates its buy rating on Boston Beer's stock and raises its price target to $462 from $449 per share.Investingread more
On-demand delivery company Postmates is partnering with Phantom Auto, an autonomous vehicle teleoperator, to coordinate driverless deliveries.Autosread more
Oprah Winfrey is bringing her famed book club to Apple's new streaming subscription service.Technologyread more
Bruce Broussard, CEO of health insurance company Humana, sits down with CNBC's Bertha Coombs to discuss the state of the industry, integrating digital health technology,...Squawk Boxread more
Intel's biggest problem is a generational one, CNBC's Jim Cramer said Thursday.
"[PC's] is not where the market is going," Cramer said on "Squawk on the Street." "It's all hand-held; 55 percent of people can't live without their hand-held [devices]. Intel is not known for its hand-held."
"When you're on a plane, people are using their cellphones to watch movies," Cramer said.
Cramer made his remarks shortly after the chip-making giant cut its first-quarter guidance from about $13.7 billion to about $12.8 billion. The company's stock plunged after the announcement. (Click here for the latest price.)
Intel blamed the lower outlook on poor demand for desktop upgrades, as well as "challenging macroeconomic and currency conditions, particularly in Europe."
Microsoft stock also traded lower after Intel's warning, which said the Windows upgrade cycle had been weak.
Nevertheless, Cramer believes Intel will continue to make a lot of money. "[Brian] Krzanich is doing a great job, but you're really fighting a tide, which is a Microsoft tide. [Satya] Nadella really had to do something big, and he didn't deliver."
Click here to see how U.S. markets are doing now.