As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The move could bring a welcome salve to farmers caught in the crosshairs of the trade war if it results in a reopening of the market.Politicsread more
Apple's big iOS 13 update for iPhones is out now and includes lots of new features. Here's how to install it on your phone and what devices are supported.Technologyread more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
Check out the companies making headlines in midday trading:Market Insiderread more
The FDA's Office of Criminal Investigations opened a probe "shortly after" people started falling ill, Mitch Zeller, director of the FDA's Center for Tobacco Products, told...Health and Scienceread more
Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order.Delivering Alpharead more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
GoPro debuted its new drone Monday and despite stiff competition already in the marketplace, CEO Nick Woodman told CNBC he's confident the product will take off.
That's because it is more than a drone — it is also "Hollywood-caliber" handheld stabilization for GoPro cameras, he said in an interview with CNBC's "Power Lunch" on Monday.
"It's the most exciting product we've ever made. It's certainly the most enabling product in terms of helping people capture incredible professional-quality footage of their lives and share stories like they're used to seeing on the big screen at the movies," he said.
The highly anticipated drone, called Karma, will retail for $799. That includes the removable stabilizer, the grip and controller, as well as the backpack it fits into. What it doesn't include is the camera. However, customers can bundle it with a Hero 5 Session for $999 or with a Hero 5 Black for $1,099.
The release of Karma had been delayed from earlier this year, and that had some analysts warning GoPro was getting to the party a bit too late. It's a market that is expected to be about $1 billion by next year.
However, Woodman is optimistic about GoPro's success, because it is "one of the strongest brands in the world."
It is also an end-to-end storytelling solution, with its new software and cloud syncing, as well as apps that allow users to easily edit their footage, he added.
"Karma is simply the best solution out there for stabilization in the air or handheld or mounted to your favorite gear. And GoPro is the only company in the world that is making this solution possible, so I think we're in a really good position," Woodman said.
Bank of America Merrill Lynch, for one, is bullish on the drone's prospects. On Friday, it initiated coverage of GoPro with a "buy" rating, forecasting a 34 percent rally in the next 12 months to $19.
It believes the rest of Wall Street is underestimating the potential for the action video cameramaker to profit from the expanding drone market.
— CNBC's Josh Lipton and Giovanny Moreano contributed to this report.