More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
The pilots union for Southwest Airlines says it will ask Boeing for compensation to cover legal costs and lost income for pilots due to the 737 Max grounding.Airlinesread more
Amazon announced an all-new Kindle Oasis on Wednesday morning with a feature that lets you adjust the screen to warmer tones for easier reading at night.Technologyread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
Beyond Meat's plant-based protein story holds appeal to the youngest generation of investors. But its shares, BYND, have done so well in such a short time that it may lead...Invest in You: Ready. Set. Grow.read more
Cresset Capital's Jack Ablin believes stocks could get rattled by a decision not to cut interest rates.Futures Nowread more
"One of the things that President Clinton was really intense about and very good about was keeping his White House focused on the policies and the work of the American people even during the impeachment process," Baer said on "Power Lunch. "
"The American people never stopped believing that Bill Clinton got up every day going to work to try to help move forward an agenda that was helping them," he added.
On Dec. 19, 1998, Clinton was impeached by the House on charges of lying under oath about the Monica Lewinsky affair. Clinton was later acquitted by the Senate.
Baer, who had stopped working for Clinton during most of the impeachment period, said Clinton expressed remorse along the way and apologized to the nation.
Although it's a different crisis, Baer said Trump should speak to the American people about the disbanding of two key business advisory panels.
If he hopes to "bring them back around," Trump should also apologize to business leaders for putting them in a high-pressure position, Baer said.
Trump abruptly dissolved two corporate advisory councils Wednesday after several business leaders resigned this week over his response to the deadly white supremacist rally over the weekend in Charlottesville, Virginia.
At a heated news conference Tuesday, Trump doubled down on his initial response, blaming "both sides." Shortly after some Republicans and CEOs distanced themselves from Trump.
Trump must stop the "self-inflicted wounds" in his administration, Baer said, calling the CEO fallout a "Titanic rupture" between the White House and corporate America.