The dilemma for our firm relates to how we feel about Amazon stock. This recent finding, however, hits a nerve that reflects a growing emphasis on the meaning of responsible investing. While we truly want to practice responsible investing, I can imagine how the search to uncover possibly disqualifying behavior can become paralyzing. However much we wish for exemplar behavior in our portfolio companies, we see the need for some external policing forces. Still, Amazon might find that some large in

While the long-term effects of vaping are still unknown, there’s little doubt that vaping won’t go in your favor when it comes to life insurance. Nearly 9 of 10 patients with lung problems said they vaped products containing THC, the active ingredient in marijuana, according to the CDC’s analysis of 867 people with lung problems associated with e-cigarette use. Life insurance companies have long used smoking as a factor to determine coverage, said Jack Dolan, vice president of Public Affairs at

Getty ImagesIt’s no secret the holiday season brings on more financial stress for many consumers. That’s compared with 45% of all cardholders who are willing to take on holiday-related credit card debt this season. “Even for millennials that don’t have kids, there’s also this element of the spillover effect from student loan debt,” Rossman said. About 41% of adults who have a credit card are in debt, according to CreditCard.com’s research. Consider a 0% transfer cardThere are still offers out th

Under Armour’s third-quarter sales might have topped expectations, but one glaring shortcoming in Monday’s release was the company’s shoe sales. It said it still expects its footwear business will be up for the year. It said third-quarter shoe sales were hit, in part, because of fewer purchases through off-price channels, from which it has been actively trying to pull some products. “For the last four years, every performance footwear category has been trending negatively … running, basketball

The National Basketball Association and sports betting provider DraftKings announced a multiyear partnership allowing DraftKings to become an authorized betting operator of the league, the organizations announced Monday. As part of the multiyear partnership, the NBA will provide official betting data to DraftKings, which the company will make available for consumers on its mobile platform and sportsbooks. “We are excited to team with DraftKings, who has established itself as one of the leaders i

Rust Belt reversal: Can Pres. Trump hold industrial swing states? CNBC’s Kayla Tausche reports from the American Rust Belt on how business there is faring and what it means for President Trump’s chances of winning the 2020 election.

Boeing’s Starliner spacecraft completes critical safety test1 Hour AgoBoeing’s Starliner spacecraft capsule fired its engines at a launchpad in New Mexico in a key test for astronaut safety. The test showcased how launch abort functions would work in case of an emergency, and this includes thrusters, parachutes, airbags and an anthropomorphic test dummy, which is covered in sensors, on board. It’s part of NASA’s Commercial Crew Program, through a public-private partnership, to launch astronauts

For years now, politicians have been telling the American public that gridlock in Washington is standing in the way of delivering campaign promises. With so much at stake, from health care to education to Social Security, more than just ideological differences standing in the way of social change. A movement has been growing across the country to change how the system works. Initial surveys of ranked-choice voting in Minneapolis, Saint Paul, Minnesota, and Cambridge, Massachusetts, show voters a

Check out the companies making headlines midday Monday:Under Armour — Under Armour shares cratered more than 15% after the apparel maker disclosed a federal probe into its accounting practices. The company also slashed its full-year revenue guidance, citing lower inventories and problems with its direct-to-consumer channels. Ryanair — Ryanair’s U.S.-listed shares jumped 7.2% after the discount airline posted quarterly results that topped analyst expectations. The company also raised its full-yea

Former McDonald’s CEO Stephen Easterbrook unveiling the company’s new corporate headquarters during a grand opening ceremony on June 4, 2018, in ChicagoFormer McDonald’s CEO Steve Easterbrook was responsible for some big successes. But whatever value his decisions and acquisitions bring to the company in the future, they couldn’t save him. Values increasingly matter to workers across the nation, and in a tight labor market with intense competition for talent, values should matter to employers. O

Warren Buffett’s Berkshire Hathaway reported earnings on Saturday and Wall Street is caught up on one key thing: its cash pile. In the third quarter, the holding company’s cash balance grew to a record $128.2 billion — up from $122.4 billion in the prior quarter and $23 billion a decade ago — leading analysts to wonder why the company isn’t spending. The company reported earnings of $3.07 a share, which topped the Street consensus of $2.84, according to estimates from Refinitiv. With no clear si

Now investors want to know which of the 30 Dow stocks will lead the measure to its next milestone. Simply put, these are the Dow stocks that analysts expect to go up the most in the next 12 months. Despite the sudden departure of CEO Steve Easterbrook, McDonald’s is the company analysts expect to run-up the most in the next year. Despite 737 Max issues, Wall Street is still bullish on Boeing, betting on a return to service of the troubled plane next year. Microsoft is one of the already-hot stoc

A forensic study on bitcoin’s 2017 boom has found that nearly the entire rise of the digital currency at the time is attributable to “one large player,” although the market manipulator remains unidentified. The professors’ study found that tethers being traded for bitcoins revealed a pattern. The digital currency exchange Bitfinex is one of the largest in the world. The study found that, through Bitfinex, the single player was able to manipulate demand for bitcoin via “extreme” flows of tethers.

With the 2020 election now only a year away, Morgan Stanley put together a cheat sheet for investors to trade the eventual outcome. Morgan Stanley laid out the four possible scenarios like so:Democrat wins White House, split Congress. Democrats sweep White House, Congress. Despite the few outcomes, Morgan Stanley warned that any initial reaction from the overall market may be the wrong one and that Wall Street’s market fears of Trump’s 2016 election were overstated. The 2016 election serves as a

Sen. Elizabeth Warren’s sweeping “Medicare for All” plan is too much of a political reach to actually be implemented on Capitol Hill, according to Jared Bernstein, who used to advise her Democratic presidential rival Joe Biden. Tell us about what you would do; what you think is in the realm of possible,” Bernstein told CNBC on Monday. “This debate, this is just basically like saying, ‘I’m going to buy a unicorn and I’m going to pay for it with a unicorn.'” That goes for both the plan and its pay

O’Hara said one of the top Chinese stocks could be ready to break out, but it needs to clear one critical level. But, “until we see Alibaba break above $185 — that will, in essence, create a new high — I’m a little cautious here.” If Alibaba can move above that level, O’Hara said, it’s a straight shot back to highs not seen in more than a year. “We get positive above that $185 level because above $185 we think there’s a clear shot to the 2018 highs at $210. The FXI ETF trades at 8 times forward

Billionaire Leon Cooperman said Sen. Elizabeth Warren is “screwing around with the wrong guy.” Cooperman has particularly taken issue with Warren’s proposed wealth tax on the super rich — which would levy a 6% tax on $1 billion in net worth and above. In an interview with Politico, Cooperman said “this is the f—–g American dream she is s——g on.” The war of words with Warren escalated last week when Cooperman sent Warren a letter in a response to a recent tweet from Warren — who was respon

The Department of Justice is asking for information that could help it identify the anonymous author behind a forthcoming book that has been billed as an “unprecedented behind-the-scenes portrait” of President Donald Trump’s time in office. Hachette and Javelin responded defiantly later in the day, declining to comply with the Justice Department’s request. The op-ed went viral and spurred speculation about which Trump administration official could be behind it. The Trump administration has aggre

CEO of Huawei Guo Ping attends a conference at the Mobile World Congress 2019 held at the Fira Gran Via 2 on February 26, 2019 in Barcelona, Spain. LISBON, Portugal — A top Huawei executive has urged companies to partner with the Chinese tech giant to develop 5G technology applications, saying in a speech Monday that those who do will be the “biggest winners.” The 5G technology aims to bring faster speeds and lower lag times than previous networks like 4G and 3G. Guo said the applications and so

Facebook has changed its corporate logo to a minimalist rendering of the Facebook name, a move the company said is meant to separate the wider corporation — and its subsidiaries like WhatsApp and Instagram — from the Facebook social network, sometimes known internally as the “big blue app.” The move comes as Facebook faces criticism from lawmakers and advocates for its privacy practices, and concerns that the data collection that’s common on the Facebook platform may bleed over into its other