The company reported its third-quarter earnings on Thursday, noting a new wholesale partnership with Lowe’s and increased inventory to avoid a potential impact of the looming Dec.15 tariffs on certain Chinese imports. The company’s direct-to-consumer net sales increased 31% during the third quarter to $92.90 million, compared with $71.20 million in the year-earlier period. Tariff mitigationYeti increased its inventory levels in the third quarter, particularly in drinkware, in advance of Trump ad

Jim Cramer says investors should view Thursday’s market pullback ‘as a gift’The market’s throwing a sale that it doesn’t need to throw,” “Mad Money’s” Jim Cramer says.

Newton: Facebook will be forced to make changes to political ad policyCasey Newton, silicon valley editor at the Verge, joins CNBC’s “Closing Bell” to talk about Twitter’s announcement that it will ban all political ads while Facebook faces heated backlash for allowing political ads on its platform.

Pinterest shares down despite strong earningsPinterest beats on earnings but misses on revenue. The company’s shares were down sharply after hours. CNBC’s Rahel Solomon reports.

Levine: We’re disappointed with the resultsPinterest beat Q3 earnings per share but missed on revenues. Michael Levine, senior research analyst at Pivotal Research, joins CNBC’s “Closing Bell” to discuss their earnings report.

Arista didn’t disclose the name of the cloud customer in its statement. “While we expect a sudden softening in Q4 with a specific cloud titan customer, we are committed to a sustainable and strong foundation of long-term growth, innovation and profitability,” said Jayshree Ullal, Arista CEO, in the statement. For all of 2019 Arista expects that Microsoft and Facebook will each represent 10% of revenue, Ullal told analysts on a conference call on Thursday. “After we experienced the pause of a spe

Vacation rental startup Vacasa valued at $1 billion after latest funding roundVacasa manages 23,000 homes on behalf of owners and handles everything from bookings to housekeeping. But the Portland Oregon based company now has larger ambitions to shift from rentals to the real estate market. CNBC’s Seema Mody and Vacasa Founder Eric Breon discuss.

Shelton: Powell not trying to appease the presidentJudy Shelton, monetary economist and former U.S. executive director of the European Bank for Reconstruction and Development, joins CNBC’s “Closing Bell” to discuss the Federal Reserve’s decision to cut interest rates by 25 basis points Wednesday and President Donald Trump’s reaction to it.

BeiGene will commercialize some of Amgen’s cancer drugs to be sold on the Chinese market, the companies said in a statement. Amgen will also work with BeiGene on developing 20 new drugs from its cancer pipeline in China and elsewhere. Under the all-cash deal, Amgen will pay BeiGene shareholders $174.85 per share, a 25% premium to BeiGene’s closing price on the Nasdaq on Wednesday. Biotechnology company Amgen announced Thursday it is investing $2.7 billion in BeiGene , taking a 20.5% stake in the

Pinterest posted earnings of 1 cent per share, topping the 4 cent loss per share expected, according to Refinitiv. Pinterest reported 322.8 million monthly active users, exceeding the 312 million expected, according to analysts polled by FactSet. Arista sees fourth-quarter revenue between $540 million and $560 million, short of the $686 million expected by analysts surveyed by Refinitiv. Arista posted earnings of $2.69 per share on revenue of $654 million, exceeding the earnings of $2.41 per sha

The purchase of the town of Cerro Gordo in California included more than 300 acres of land, 22 buildings and, according to legend, three ghosts. When Brent Underwood bought Cerro Gordo in 2018, he was told the property included a few ghoulish guests. The thin, bumpy dirt road leading to Cerro Gordo, located in California’s Inyo Mountains, is eight miles long and takes nearly 45 minutes to navigate. Except Underwood has a different vision: He wants to turn Cerro Gordo into a luxury travel destina

For Smarties, one of the oldest family-run candy companies in the U.S. with 70 years in the business, Halloween marks the biggest sales day of the year, Inc. reports. Originally launched as Ce De Candy, Inc., the founder changed the company name to Smarties Candy Company in 2011. A trio of cousins leads the companySmarties is currently led by Dee’s granddaughters: sisters Liz Dee and Jessica Dee Sawyer, and their cousin Sarah Dee. In an interview with Inc., the three co-presidents say it wasn’t

Chevron and Exxon Mobil are gearing up to report about their recent quarters before the bell Friday, joining the more than two-thirds of Dow components that have already posted results. “If I look at the differentiation between Exxon Mobil and Chevron, Exxon has been in a series of lower lows and lower highs for quite some time. Chevron and Exxon have come under pressure this week as the rest of the energy space sold off. Chevron and Exxon Mobil are down more than 2%, while the XLE energy ETF ha

Peacock said he’s stopped using an air quality map run by the U.S. Environmental Protection Agency and others because the government’s map can’t compete with the neighborhood-level information from PurpleAir. People in California are increasingly calling for quality data about air quality as wildfires have become bigger, more common and more intense. “Air quality sensors are *yet another case* where decentralization and distributed systems outperform centralized services,” she wrote, directing p

Grazer’s comments come just ahead of the debut of Apple ‘s streaming service, the latest entrant in the streaming wars. AT&T ‘s WarnerMedia announced details of HBO Max on Tuesday, Disney ‘s service launches in about two weeks and Comcast ‘s NBCUniversal will bring its own offering to consumers next year. “Many times, every one of these streaming services, they all have different personalities,” Grazer said in an interview on ” Closing Bell .” “So you want to match your show or movie or document

Democratic Rep. Katie Hill is leaving Congress “because of a double standard,” she said in her final speech on the floor on Thursday. Rep. Katie Hill (D-CA) answers questions from reporters at the U.S. Capitol following her final speech on the floor of the House of Representatives October 31, 2019 in Washington, DC. Her final act in office was voting for a resolution laying out formal rules in the impeachment inquiry against President Donald Trump. In the speech, Hill apologized to her constitue

Pinterest shares dropped 19% in extended trading Thursday after the image-sharing site reported disappointing third-quarter results. Here are the key numbers for the period ended in September:Earnings per share: 1 cent, excluding some items, vs. 4-cent loss forecast by Refinitiv. 1 cent, excluding some items, vs. 4-cent loss forecast by Refinitiv. Revenue: $279.7 million, vs $280.6 million forecast by Refinitiv$279.7 million, vs $280.6 million forecast by Refinitiv Monthly active users: 322 mill

While Tesla’s overall sales dropped 39% in the U.S. during the third quarter, the company is seeing robust growth on “services and other” revenue, which includes sales of used cars. So Tesla’s used car business can’t compensate for declines in vehicle revenue caused, in part, by the lower average sale prices for its vehicles. Tesla used to sell more of its higher-priced Model S and X cars but has been focused more recently on its less expensive Model 3s. According to the filing, “there were incr

FBI agents walking into the home of United Auto Workers President Gary Jones after removing materials from the location on Wednesday, Aug. 28, 2019. DETROIT — The scope of an ongoing federal corruption probe into the United Auto Workers continues to widen as the union attempts to solidify new labor contracts with the Detroit automakers. Federal prosecutors on Thursday charged Edward Robinson, a union official with ties to UAW President Gary Jones, with conspiracy to embezzle union funds and cons

Adam Neumann now faces a new legal challenge even after being ousted as CEO from WeWork. The complaint, which was filed Thursday, alleges that former WeWork employee Medina Bardhi received significantly lower pay than her male peers. The suit alleges that Neuman smoked marijuana on a private flight in front of Bardhi a week before she told him she was pregnant. We are committed to moving the company forward and building a company and culture that our employees can be proud of.” WATCH: WeWork and