Billionaire hedge fund manager J. Tomilson Hill has a keen eye for great art that's also made for some incredible investments. Hill shared some of his personal rules for buying art with CNBC.
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It's not that being a retailer is a bad thing. But investors want drugstores to reinvent their businesses as Amazon's threat looms.
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J. Tomilson Hill, one of the world's top art collectors, said the art market is unlikely to cool or crash anytime soon, due in part to soaring demand from new museums in China.
Bank of America CEO Brian Moynihan said that the adoption of technology at the second-biggest U.S. lender has allowed him to cut 100,000 workers in less than a decade.
Sears says liquidation sales are coming soon for 142 stores. It wasn't immediately clear which locations would be going dark.
Delta Air Lines has started selling tickets on its new Airbus A220 jets. Flights will begin in January from New York aboard the planes whose sale Boeing disputed last year, saying they were illegally dumped in the U.S. below cost.
J.P. Morgan Chase CEO Jamie Dimon, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman and now Mastercard CEO Ajay Banga will not be attending an investment conference in Saudi Arabia later this month, CNBC has learned.
Evercore ISI upgrades shares of McDonald's to outperform from in line.
The Apple Watch could prove useful for patients undergoing knee and hip replacement surgeries by tracking their activity level after the procedure.
U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.
The 73-year-old bottle of French Burgundy sold at a Sotheby's auction for more than 17 times its original estimate of $32,000.
Amid popular backlashes against globalism, Michelin chief executive Jean-Dominique Senard believes corporations have a duty to dedicate more of their resources to sustainability and ethical practices.
In one of Wall Street's starkest divergences, the shares of big asset managers have been trampled during this year's bull run.
If the history of corporate relocations teaches us anything, it's that CEOs often move their companies near their homes. After buying The Washington Post in 2013, Bezos bought the most expensive home in Washington, D.C., paying $23 million.
David Tepper downplayed the prospect of another financial crisis in the short run.
"Counter to what most people think, many of the extreme actions we took were not done to make a profit; they were done to support our country and the financial system," the CEO said to employees in the message obtained by CNBC.
The Vikings new “Huddle” may just be the solution for both the NFL and America. Vikings COO Kevin Warren tells us more at our Net/Net Minneapolis event on September 12th.
More than half of the Fortune 500 companies from nearly 2 decades ago cease to exist today. Here’s what Fred Haberman has to say about innovation that keeps companies afloat at the latest Net/Net event in Minneapolis on September 12.
At our Net/Net dinner in Minneapolis, Vikings COO Kevin Warren and former NFL linebacker Pete Najarian sit with Tyler Mathisen and dive into the reaction to the Nike ad.
GE CEO John Flannery talks about turning around GE, why he never stops asking why and the reason he won’t run GE from the center
What’s the key to innovating? It’s simple, GE CEO says
Gary Kelly shares the number one skill he needed to learn after moving from CFO to CEO
Why Tilman Fertitta won’t take his company public again
Southwest Airlines CEO and CFO share their secrets on innovation, leadership and how they fuel that famous Southwest company culture
The full interview with Steve Ballmer.
VC Jim Breyer discusses the transformative promise of artificial intelligence with CNBC's Kelly Evans. Also, his take on Facebook, Amazon and the Valley.
Your response should demonstrate that you're results-oriented.
Even the world's richest man sometimes hits an afternoon slump.
The board of the French auto company board is to convene on Tuesday night.
Jim Cramer explains why Apple could hold the key to this market stabilizing.
In April, Sandberg told Bloomberg she felt "deeply personally responsible, because a lot of mistakes were made."
Whatever you do, don't freeze up.
Here is the full statement from Nissan regarding allegations against Chairman Carlos Ghosn and Representative Director Greg Kelly.
Nissan said its Chairman Carlos Ghosn has been placed under arrest after he allegedly violated Japanese financial law.
Art schools have launched incubators and certificate programs to help art students launch businesses and prepare for careers in the gig economy. These include programs at Arizona State University and the University of the Arts in Philadelphia.
From high school dropout to CEO is not the typical path most people take to the corner office, but for Brian Scudamore the founder of 1-800-GOT-JUNK? it was the right one.
British Prime Minister Theresa May said on Sunday that the number of letters required to trigger a no-confidence vote in the Parliament had not been met.
Jim Cramer breaks down how Take-Two Interactive is still a buy despite the market's disregard for the sector.
Jim Cramer sits down with Coca-Cola President and CEO James Quincey for a wide-ranging interview about his company's global strategy.
Global CEOs are seeing a bit of a slowdown outside the United States, but that's not what U.S. chief executives are saying about the nation's economy, according to Steve Odland, president and CEO of The Conference Board.
Victoria's Secret, owned by L Brands, has struggled to grow sales as younger shoppers turn to more inclusive bra and underwear retailers.
Talented professionals won't be willing to work traditional 9-to-5 jobs in the future. CNBC recently spoke with Upwork CEO Stephane Kasriel about the need to institute remote-work policies, and the consequences for companies if they don't.
Ant Financial runs Alipay, one of China's most popular mobile payments systems. Alipay accounts for the majority of its revenue now, but that could change in the future.
Richard Yu, CEO of Huawei's consumer business, told CNBC that the augmented reality glasses could be ready in "one to two years."
Real friendship is the key to our long-term career success, health and happiness. Yet we often overlook our fellow co-workers as friends because we try to separate our needs in the office from those at home.
Culp tells CNBC GE has "got plenty of opportunities through assets sales" to reduce the company's leverage.
Tesla tapped Telstra CFO Robyn Denholm, already a Tesla independent board member, as its new chairman. Critics say she will be a rubber stamp for Musk; others that she may be able to counterbalance his impulsive ways.
Alibaba CEO Daniel Zhang is preparing to take over the role of chairman from company co-founder Jack Ma.
Google's 'bungee program' allows employees to step into the full-time roles of peers, such as those on maternity leave. The concept promotes the work/life balance and development opportunities that are important to retaining top millennial talent.
The stock purchases come just one week after IBM announced a $34 billion proposed acquisition of Red Hat.
With many tech companies enjoying worldwide prominence, many headquarters have now become architectural wonders in their own right. Both the state-of-the-art buildings and lifestyle are fascinating to outsiders.
Jim Cramer and billionaire hedge fund manager Paul Tudor Jones discuss the possibility of stocks entering a bear market.
The Securities and Exchange Commission and Department of Justice are investigating Tesla's Model 3 production projections, the company says in a filing.
NBC News canceled Kelly's morning talk show last week after she made controversial on-air comments about blackface.
Jim Cramer details how big advertisers are key to the social media company's revival.
Jim Cramer sits down with Wingstop Chairman and CEO Charlie Morrison, who speaks to his company's technological initiatives.
In an interview with CNN Tuesday night, Mark Zuckerberg said he will not step down as chairman of Facebook's board. He also praised COO Sheryl Sandberg's work at Facebook when asked if she would be leaving the company.
Facebook shares ended Tuesday down nearly 40 percent from its peak in July following a report last week detailing the company's use of a Washington-based opposition research firm. The share price has been rocked throughout a turbulent year that has been filled with scandals.
Amazon's presence in Disney's regional sports network sale could be great for Bob Iger as long as it doesn't win.
Facebook just launched a new tool that lets you see how long you use the Facebook app on your phone. Here's how to use it and how to set a limit so that you get a reminder when it's time to log off.
Asian technology stocks on Wednesday were mixed after seeing losses a day earlier, following another tech slump stateside.
An investigation by Australia's Fairfax Media and Nine News found that China's Ministry of State Security was responsible for a wave of attacks detected by Australia and its partners in an intelligence sharing alliance.
If your family is separated during the holidays this year, you can still get everyone together with Group FaceTime chat, which recently launched in iOS 12.1 and lets you add up to 32 people. Here's how to use Group FaceTime on your iPhone and iPad.
Jim Cramer explains why bad news is all that matters lately when it comes to the tech sector.
Jim Cramer sits down with Dag Kittlaus, the creator of Apple's voice-enabled assistant Siri and Samsung's counterpart, Bixby.
Inspired by recent walkouts, Cathy Fitzpatrick pressured Google to clarify its internal process for requesting disability accommodation. She says more employees should speak out about workplace issues.
Facebook and Google parent company Alphabet are now year-to-date posting losses as tech stock continue their slide.
Facebook's ad tools manager was not allowing media buyers to buy ads for clients the week of Black Friday and Cyber Monday. It could potentially affect sales if retailers are unable to place ads.
Give these stocks about 6 to 12 months to see positive returns on its shares, Katz says.
NASA will conduct a safety review of Boeing and SpaceX, months after the latter company's founder and CEO Elon Musk smoked marijuana on a podcast, according to the Washington Post on Tuesday.
"It's hard to imagine that company doesn't continue to do extremely well," Dick Costolo argues, pointing to its growing cloud business.
The U.S. Justice Department is reportedly looking into whether traders used another cryptocurrency called tether to bid up bitcoin prices during its rally last year, Bloomberg News reported.
Amazon will end 2018 capturing about 48 percent of U.S. e-commerce sales, or $252 billion, compared with 43.1 percent in 2017, according to a study by eMarketer.
The five "FAANG" stocks have collectively lost over $1 trillion in value from recent highs as of trading Tuesday.
Bidding has begun for the 22 regional sports TV networks Disney acquired from Twenty-First Century Fox.
Fundstrat's Tom Lee told CNBC he remains bullish on bitcoin and bets on a recovery soon despite prices falling to more than one-year lows.
Amazon CEO Jeff Bezos announced 24 recipients of $97.5 million in grants for their work in helping the homeless population. The news comes one week after Amazon's HQ2 announcement sparked fears around affordable housing displacement.
Weaker demand for Apple products as well as a lackluster reception for the iPhone XR outside the United States will prevent shares from advancing over the next year, according to Goldman Sachs.
Bitcoin hit its lowest point since September 2017 is now down roughly 30 percent for the week.
Former Facebook director Donald Graham expresses confidence in the the social media giant's leaders, but tells CNBC they have work ahead of them to fix the platform.
Airbnb has said it will remove property listings in Israeli West Bank settlements from its platform.
Amazon CEO Jeff Bezos has a new "shadow" adviser — a role that's highly coveted within the company because the person gets to accompany Bezos to all of his meetings.
Each of the five 'FAANG' stocks closed in a bear market on Monday.
With a higher than ever volume of its electric cars coming back off lease, Tesla is sending some cars to outside firms for inspections and reconditioning.
Amazon, Berkshire Hathaway and J.P. Morgan have hired Dana Safran from Blue Cross Blue Shield.
There's a trick in iOS for iPhones and iPads that lets you hold the keyboard space bar to turn your keyboard into a cursor, which makes it easier to edit typos and move around big blocks of text. Here's how to use it.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines how top companies are promoting and managing innovation to accelerate growth. Through live events, on TV and online, Net Net helps executives anticipate, react and respond to the trends that will affect their bottom line.
Net Net is CNBC’s editorial franchise produced specifically for CFOs that examines the ways top companies are promoting and managing innovation, leveraging rapid change, and using technology to accelerate growth. In this time of constant disruption, rapid technological innovation, shifting demographics and consumer behavior, change comes lighting fast; through live events, TV programming and digital content, Net Net helps executives anticipate, react and respond to the latest trends that will affect their operations and bottom line.