Democrats such as Elizabeth Warren had their eye on business and the working class during the first 2020 presidential primary debate in Miami.2020 Electionsread more
Huawei's legal chief told CNBC that the company makes "solutions for civil use."Technologyread more
The Chinese Ministry of Commerce maintained a firm stance against the U.S. during a weekly press conference on Thursday, less than two days ahead of a scheduled meeting...China Economyread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
Four candidates mentioned China — but none of the Democratic contenders brought up trade in the debate.Politicsread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating and a price target 15% below where the stock closed.Marketsread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
The Federal Aviation Administration said on Wednesday that is has found an issue with the Boeing 737 Max that the manufacturer must address before it lifts the grounding...Airlinesread more
The collapse of the deal potentially ended Sinclair's hopes of building a national conservative-leaning TV powerhouse that might have rivaled Fox News.Mediaread more
Starbucks will shutter all 379 Teavana locations by spring 2018, the company said Thursday.
"Following a strategic review of the Teavana store business, the company concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue," the company said in a statement.
The coffee giant said last quarter that many of its Teavana mall stores were a drag on its results, with as many as 350 of these stores hurt by reduced foot traffic. CFO Scott Maw said back in April that the company had begun a review process to "take clear action" to improve its Teavana portfolio.
"Teavana might actually be cheered that it's closed," Will Slabaugh, an analyst with Stephens told CNBC's "Closing Bell" Thursday, adding that he thinks people will be fine with "getting away from malls right now."
CEO Kevin Johnson said during an earnings conference call Thursday that the company expects to sell more than $1.6 billion Teavana branded beverages through its Starbucks stores around the world in 2017.
He said that Starbucks has "big plans" for tea and will continue to integrate Teavana drinks into the chain's menu.