The Dow Jones Industrial Average fell on Tuesday as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses, people familiar with the matter told CNBC. The glasses, code-named 'Orion,' are being...Technologyread more
"I feel really confident that defense-minded CEOs, when they are on defense, they're going to come to" flexible offices and away from traditional leases, Knotel CEO Amol Sarva...Commercial Real Estateread more
Fanatics has hired Michener Chandlee, Nike's corporate audit and chief risk officer, to become its chief financial officer, succeeding Lauren Cooks Levitan, CNBC has learned.Retailread more
As Netflix's rivals prep for their own streaming service launches, and snatch up content belonging to their own networks, Netflix could soon face a dry well when it comes to...Entertainmentread more
"There's a huge reorganization going on in China regarding fentanyl to try to shut it down," Blackstone co-founder Stephen Schwarzman says.Health and Scienceread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
The fine against Carmene "Zsa Zsa" DePaolo was the maximum possible civil penalty that she faced under the Hatch Act for her comments about Hillary Clinton's immigration plan...Politicsread more
Sen. Elizabeth Warren has called on lobbyists to be banned from donating and fundraising for their preferred campaigns. Her new plan represents the latest shift for Warren who...2020 Electionsread more
Amazon last week launched an exclusive line of beauty products, including face masks and makeup removing wipes.
The line, which is known as Fast Beauty Company, is reportedly the first beauty brand to hit the marketplace from Amazon's brand accelerator program, which helps founders create private label brands to be sold exclusively on its marketplace. That's different than Amazon-owned brands, such as its Presto toilet paper.
Amazon has a growing interest in the health, wellness and beauty sectors. The company worked with a medical device company to develop an exclusive brand of blood glucose monitors last October, and it has other brands dedicated to over-the-counter pharmaceuticals, hair care products and shave gels. It also acquired an internet pharmacy company, PillPack, in 2018, which represented an early step into the prescription drug marketplace.
Dhaval Bhanusali, a New York-based dermatologist who helped formulate the skin-care line, told CNBC he worked closely with Amazon throughout the process. The other partners on the project include sisters Simona and Diana Kubasova, who are both Latvian models.
On the company's website, the Kubasova sisters said they launched the line with scientists and formulators to provide "effective, get gorgeous solutions in just five minutes." Other products in the line include a collagen product that claims to hydrate the skin, and a collection formulated with charcoal aimed at blemishes.
Most of the products are available to buy for $5 and up.
Amazon did not immediately respond to a request for comment.