The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
John Hancock, one of the largest life insurance providers, is partnering with Apple to offer all of its new and existing members of its Vitality program a steeply discounted Apple Watch.
The program offers perks and rewards to people who live healthy lifestyles. Any consumer who signs up for the program is eligible to get the device for $25.
As long as Vitality members exercise regularly for two years, they will be allowed to keep the device for free. If they don't, they'll have to pay it off in installments. The Series 3 costs upwards of $299.
Hancock says it sold about 30,000 life insurance policies last year. It would not disclose Vitality's membership number.
Apple is exploring partnerships with insurance companies as a sales channel for its health and fitness-tracking Apple Watch. Apple recently held a series of meetings in August with health insurer Aetna to discuss giving out Apple Watches to its 23 million members.
The watch represents less than 5 percent of overall Apple revenue, analysts say, but it's starting to show significant momentum now that the new Series 3 comes with cellular connectivity. Its enterprise push could represent a bigger chunk of sales over time, which would mirror Fitbit's trajectory.
John Hancock, which is owned by Manulife, first started offering Apple Watches to a limited set of members — people who purchased life insurance policies over $2 million — several years ago.
After logging a 20 percent increase in activity under the program, it decided to extend it to all U.S. members
About half of the people who received the device achieved their monthly goals and did not pay for the device, John Hancock senior vice president Brooks Tingle told CNBC.
Tingle said it is the first life insurer in the United States to offer the Apple Watch as part of its policies.
John Hancock expects that the Apple Watch's appeal will help it attract new customers.
It recently surveyed customers of term life insurance and found that some 20 percent of them planned to buy an Apple Watch. It also found that 50 percent of people who did not have life insurance but recognized they needed it were more likely to buy it if they could get a discount.
The company has been criticized by privacy advocates for offering discounts based on physical activity. These perks are less likely to be extended to low-income individuals who are juggling multiple jobs and don't have time to get to the gym, as well as new mothers, experts have noted.
These people could end up paying the full cost of the Apple Watch over time.
Tingle said the company takes privacy seriously. "We have studied it a great deal," he said, adding that his team has taken pains to be transparent with customers about the price.
He also said it has "safeguards in place" to protect data from getting into the wrong hands, including employers that might penalize their workers. "We're clear with customers that we manage their data carefully," he said.
Clarification: An earlier version referred to Hancock's 10 million policyholders. Hancock says it supports about 10 million Americans with a broad range of financial products, including life insurance.