Business

Sundar Pichai, chief executive officer of Google, is sworn in during a House Judiciary Committee hearing in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018. Andrew Harrer | Bloomberg | Getty Images As the biggest U.S. technology companies face increasing scrutiny from regulators related to privacy practices and market control, they’re spending a lot more
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CNBC’s Jim Cramer, when asked about Continental Resources, told a viewer that he has turned sour on fossil fuel stocks. “I don’t like the fossil fuel stocks. I don’t like the ones that don’t have dividends, even the ones with dividends aren’t doing that well,” the “Mad Money” host said. “I’m taking a hard pass.”
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A promotional person vaping. John Keeble | Getty Images U.S. regulators slapped four e-cigarette companies with warning letters Friday for failing to follow federal advertising rules for tobacco on Instagram, Facebook and Twitter. The Food and Drug Administration and Federal Trade Commission reprimanded Solace Technologies, Hype City Vapors, Humble Juice Co. and Artist Liquids Laboratories for
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Former UN Secretary General Ban Ki-Moon. Thomas Trutschel | Photothek | Getty Images A lack of political will is holding the world back from achieving international climate goals, Ban Ki-moon, the former United Nations secretary general, said Thursday. Ban said he is “deeply concerned” by the 2017 decision of President Donald Trump’s administration to pull
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HP Acthar made by Mallinckrodt Pharmaceuticals is an anti-inflamatory medicine used by multiple sclerosis patients. Source: Mallinckrodt Pharmaceuticals Pharmaceutical company Mallinckrodt said Wednesday it reached a tentative deal with the U.S. Justice Department to settle a drug bribery probe into Questcor Pharmaceuticals, which it acquired in 2014.  This story is developing. Check back for updates. 
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IBM CEO Ginni Rometty said Friday that corporations owe it to society and their shareholders to help prepare people for AI-driven changes to the workforce. In a world where it is expected that artificial intelligence will impact every existing job, she said business leaders have an important social, corporate and economic responsibility to help high
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U.S. stock index futures were sharply lower Friday morning, as investors feared President Donald Trump’s threat of tariffs on all Mexico imports exacerbated the risk of recession.  At around 02:50 a.m. ET, Dow futures slipped 224 points, indicating a negative open of more than 204 points. Futures on the S&P and Nasdaq were both seen slightly lower.  Market participants moved aggressively to price
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Windmills are bringing some of the cheapest electricity to the Permian Basin, pushing natural gas prices into the negative, Pioneer Natural Resources CEO Scott Sheffield told CNBC Thursday. “Pioneer has taken our gas to California, so we’re not seeing any of the negative prices,” he said in a one-on-one with “Mad Money’s” Jim Cramer. “But
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