The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Michelob Ultra is the fastest growing beer in the country, and it's looking to grow more by reaching out to Latino audiences with its Super Bowl ad.
U.S. beer sales by volume have been declining as more consumers reduce their consumption. Market research firm Mintel estimates that volume sales dropped by just under 1 percent in 2018, but Michelob Ultra saw sales grow by a double-digit percentage rate last quarter. The light beer, which has 8 calories per ounce, is succeeding by targeting health-conscious men and women older than age 25.
Anheuser-Busch InBev, the brand's parent company, has purchased eight ads for the Super Bowl this year, the most in recent history. The company has turned to spending more on marketing in order to drive U.S. beer sales. Two of its Super Bowl ads are for Michelob Ultra beers.
The first ad, released Friday, shows a robot outrunning and outplaying humans in sports like golf and boxing, only to realize that it can't enjoy a beer with friends.
The ad ends with a cameo from Colombian singer Maluma opening the beer at a bar with friends. The musician's most popular song to date "Felices Los 4" has more than 1.4 billion views on YouTube.
"It's the beginning of the new partnership focused on engaging the U.S. Latino audience," said Azania Andrews, vice president of marketing for Michaelob Ultra.
Andrews said the beer is already popular with Latinos in certain parts of the country. The Super Bowl ad won't be the only effort to reach out to the demographic. Maluma will be promoting the beer throughout 2019 through additional content and events.
Anheuser-Busch will use its other Super Bowl ads to promote Michelob Ultra Pure Gold, Budweiser, Bud Light, Stella Artois and Bon & Viv Spiked Seltzer. One of its Budweiser ads, released Wednesday, promotes its use of wind power and brings back the brand's Clydesdale horses. The alcoholic beverage giant has also released its commercial for its hard seltzer, which shows two mermaids pitching the product underwater to sharks in a reference to the TV show "Shark Tank. "
Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."