In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead 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
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Apple's iOS 13.1 will be released on Sept. 24, six days earlier than previously announced.Technologyread 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 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
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
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
Apple still has a chance for growth in developing countries despite sagging sales in China, one company watcher said Wednesday.
The tech behemoth posted quarterly earnings Tuesday that topped analysts' estimates. But it saw an annual year-over-year revenue decline for the first time in 15 years.
Apple also saw another weak quarter in China as revenue fell 30 percent from the year-ago quarter. But the tech giant can still make up ground in developing countries, Albion Financial Chief Investment Officer Jason Ware told CNBC's "Power Lunch."
The Apple shareholder said "things could turn around" in China even though Apple is still "reliant on the iPhone." He said there is still a big global market just for the smartphone.
"There are 1.4 billion people in India so yes ... the majority of people at the present cannot afford that [iPhone], but there's still some low hanging fruit and some pretty solid rates of growth that we expect out of Apple in that market. China is another one," he said.
If Apple has a strategy to reach markets where consumers cannot afford an iPhone priced above $700, Ware thinks the company may have "to address pricing and maybe prices have to come down."