An employee drives a completed Chevrolet Aveo automobile, a division of General Motors Co. (GM), off the production line at the GAZ Group plant in Niznhy Novgorod, Russia. The recently negotiated replacement for NAFTA will cost automakers nearly $3 billion over the next ten years, according to budget projections made by the Congressional Budget Office. A House committee cleared the new North American trade deal on Tuesday, setting up approval in the full chamber this week. The new auto guideline

Facebook is headed to the Super Bowl for the first time. A company spokeswoman said the spot will show “how people from different backgrounds come together over shared interests and experiences, all through Facebook Groups.” The Super Bowl, which attracted over 98 million viewers in 2019, is often the most-watched American program of the year. Pop-Tarts, Hyundai and Avocados from Mexico are among the other brands that will run ads during the Super Bowl. WATCH: MillerCoors sues Anheuser-Busch ove

CNBC’s Jim Cramer on Wednesday said investors on Wall Street care more about company fundamentals than they care about the impeachment process in Washington, D.C.As the House debated impeaching President Donald Trump throughout the day, the major U.S. stock averages barely moved. “Still, even if we have a few down days coming up … market history says it’s a mistake to freak out about the impeachment process.” Facebook shares rose about 2% in the session after Deutsche Bank raised its price tar

Senate Judiciary Committee Chairman Chuck Grassley (R-IA) talks with reporters as he heads for a meeting at the Capitol October 02, 2018 in Washington, DC. Republican Sen. Chuck Grassley said Wednesday that Senate Majority Leader Mitch McConnell is responsible for his colleagues’ apparent lack of enthusiasm about his bipartisan bill to lower drug prices. When asked by reporters during a briefing why more Senate Republicans haven’t supported the legislation, the Senate Finance Committee chairman

“It may be that all of the ACA is severable from the individual mandate. It may also be that some of the ACA is severable from the individual mandate, and some is not.” U.S. District Judge Reed O’Connor of the Northern District of Texas ruled in December that the entire health law was unconstitutional because the individual mandate penalty was essentially eliminated. A coalition of Democratic state attorneys general, led by Becerra, appealed the lower court ruling. Three judges — Carolyn Dineen

“Walker taught me a lot about this basic activity that every person on Earth needs,” Gates wrote on his blog. Now, at 64, Gates needs to sleep a full seven hours to feel creative and happy the next day, he said. Gates wrote that people “almost certainly” need seven to eight hours a night, “even if you’ve convinced yourself otherwise.” Temperature is another key aspect of your sleep environment, because your body temperature decreases to initiate sleep. Drinking alcohol to fall asleep is not a gr

Why this investing pro says investors should pick Facebook over TwitterKatie Stockton of Fairlead Strategies and John Petrides of Tocqueville Asset Management discuss whether investors should pick Facebook or Twitter with CNBC’s Mike Santoli.

Uber has agreed to pay $4.4 million to resolve an Equal Employment Opportunity Commissioner’s 2017 charge of sex discrimination, the agency announced Wednesday. Uber fired more than 20 employees following a separate internal investigation into gender bias and sexual harassment. The $4.4 million Uber will pay to settle the charges will create a fund to compensate those the EEOC determines “experienced sexual harassment and/or related retaliation after January 1, 2014.” An outside consultant will

Facebook is pushing further into the video gaming market with the acquisition of PlayGiga, a Madrid-based company that specializes in cloud gaming. “We’re thrilled to welcome PlayGiga to the Facebook Gaming team,” the spokesperson said, declining to comment on the price. The company ran a cloud gaming service in Europe, though that operation has wound down. “We are excited to announce that the PlayGiga team is moving on to something new,” the company says on the main page of its website. “We are

The Nintendo Switch Lite launched just a few months ago, and it’s rare to see the price drop this low … to $179.99. The deal is available at woot.com for Amazon Prime members for 10 hours, or until the system sells out. Here’s how it works: At checkout, Amazon Prime members will get an extra $10 off the $189.99 price, making it $179.99. Nintendo Switch Lite was released on Sept. 20. It’s a smaller version of the Nintendo Switch; the handheld-only Switch has a 5.5-inch screen and weighs less th

Blade Runner is considered one of the best adventure games ever made, but it was also one that remained unplayable for some time — but that’s no longer the case. Based on Ridley Scott’s 1982 film Blade Runner, which itself is based off of Phillip K. Dick’s story Do Androids Dream of Electric Sheep?, Blade Runner — the game — sold more than 800,000 copies, according to GOG, but the source code was lost when developer Westwood Studios moved offices. But now, anyone can play Blade Runner, thanks to

The South China Morning Post’s Abacus blog reported the removal of Mesut Özil, a midfielder for Arsenal, from three games published in China by NetEase, including PES 2020 Mobile. Özil, a German player of Turkish descent, took to social media last week to highlight China’s treatment of its Uighur minority. In reality, China has detained more than 1 million Uighurs and other ethnic Muslims in concentration camps in the western region of the country. Özil also criticized fellow Muslims for either

Chancellor Angela Merkel said on Wednesday Germany would not retaliate against a decision by the United States to impose sanctions on companies building the Nord Stream 2 gas pipeline. The U.S. Senate on Tuesday passed legislation to impose sanctions on firms constructing the underwater pipeline to bring Russian natural gas to Germany. “I see no other way than to hold talks to make clear that we don’t approve of it,” Merkel said, condemning the extraterritorial nature of the sanctions. The Nord

The Bank of England published a new discussion paper Wednesday which lays outs how it will test the country’s financial system and its resilience to climate change. In a statement Wednesday, the central bank said it would use the paper to consult stakeholders on how the exercise would be designed. The Bank said the 2021 biennial exploratory scenario (BES) exercise would be used to, “test the resilience of the current business models of the largest banks, insurers and the financial system to clim

Oppenheimer downgraded the stock after the company’s negative earnings report on Tuesday. “F2Q20 adjusted operating profit of $684M was well short of our estimate/consensus of $900M/ $957M, respectively, driven by soft global trade/economic conditions, increased Ground segment service offering expenses (e.g. weekend delivery implementation), mix shift headwinds, competitive pricing, as well as the timing of cyberweek (F3Q20). We anticipate some of the aforementioned headwinds to abate and F2H20

“Real simply, FDX reported an awful quarter and unlike 1Q20, this one doesn’t look like it can be pinned on ‘Macro,'” Gordon Haskett analyst Don Bilson wrote Wednesday. But as the number of disappointing quarters grows, FedEx could find itself at risk of an attack by an activist investor in a bid to shake up management, Bilson warned clients. Smith founded FedEx in 1971 and serves as both the company’s chairman and chief executive. “With each passing quarter and one miss after another, it’s gett

Nattapong Wongloungud / EyeEmNearly 200 workers at a Baltimore real estate developer will be having the happiest of holidays: The average employee will get a $50,000 bonus. The bonus payment is in addition to the firm’s annual year-end bonus and other workplace benefits. Paying the appropriate taxes on your bonus pay is a different matter. Consider that individuals at the highest income tax bracket — 37% — are subject to the highest levies on long-term capital gains. There’s also the net investm

CNBC’s Jim Cramer breaks down the latest housing data and what it means for the U.S. economy. The “Mad Money” host sits down for a one-on-one with Eli Lilly CEO Dave Ricks and later in the show he reveals a group of stocks that are poised to rally higher, even as the market continues to climb to new highs. It’s a sign that we’re finally, finally, finally recovered from the last one.” Eli Lilly’s David Ricks responds to Sen. Elizabeth WarrenDavid Ricks, CEO, Eli Lilly Scott Mlyn | CNBCCEO David R

Pelosi opens impeachment vote debate on House floor with pledge of allegianceHouse Speaker Nancy Pelosi delivers remarks to open the final day of debate before a historic vote on whether to impeach President Trump.

Fed fear has shifted from high inflation to what if the lower rates don’t work: Canaccord Genuity’s DwyerTony Dwyer, Canaccord Genuity, joins ‘Fast Money Halftime Report’ to discuss the state of the markets and why he’s bullish on the 2020 market.