The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread 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
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
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information 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
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.Marketsread more
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
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
In a statement Monday, Barr said he will name Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons.Politicsread more
Kohl's Corp.: "Kohl's is run by the fabulous [CEO] Michelle Goss, who is doing a great job. Heavily shorted stock, that makes no sense. I know the quarter's not gonna be that great, but I say [buy]."
Exxon Mobil: "You're not going to get hurt with a 4% yield buying Exxon at these prices, but it's no longer my favorite. By the way, I think [CEO] Mike Wirth's doing a dynamite job at Chevron, although my friend [CNBC's] David Faber made me feel like: 'wow, maybe they're going to come and bid for Anadarko after [Occidental], but I do prefer Chevron to Exxon. "
Delta Air Lines Inc.: "It's a very cheap stock at 8-times earnings. I'm not gonna tell you to ring the register. I'm gonna tell you that it's cheap."
Allergan plc: "I'm actually gonna tell you that you need to be concerned ... My problem is we need to see some earnings momentum. We need to see that drug against migraines approved, and I don't know if it's going to get approved soon enough to be able to help what I think is a business that I'm concerned about."
Arrowhead Pharmaceuticals Inc.: "I looked at Arrowhead recently and I didn't see that much. You know, everyone's so excited about it. I don't get that. I have been saying that it's absolutely O.K. to own stocks that have to do with slicing and dicing and genes, but I'm not gonna endorse it for anything other than speculation."
Wayfair Inc.: "You know, it's unbelievable. I remember when Bed Bath & Beyond could have bought Wayfair. Wayfair is a real competitor, and I have to tell you: the shorts who have been going against Wayfair forever have been dead wrong. I think Wayfair represents a great bargain — the products. The stock's not a bargain, it's very expensive. But I'm not gonna go against it."
Varonis Systems Inc.: "I'm recommending pretty much every cybersecurity stock, 'cause it's a great secular theme. But my favorite is Palo Alto Networks. PANW."
Disclosure: Cramer's charitable trust owns shares of Palo Alto Networks, Kohl's, and Anadarko.