Hedge fund titan Steve Cohen is in talks to increase his investment in the New York Mets, his family office, Cohen Private Ventures, and the current owner said Wednesday. “The Sterling Partners and Steve Cohen are negotiating an agreement in which Steve Cohen would increase his investment in the New York Mets,” the companies said in a statement. Sterling currently has a majority stake in the team. Meanwhile, Cohen will remain in his role as CEO of Point72 Asset Management, and his stake in the M

The professors who supported impeachment are Noah Feldman of Harvard University, Pamela Karlan of Stanford University, and Michael Gerhardt of the University of North Carolina. “If what we are talking about is not impeachable, then nothing is impeachable,” Gerhardt said during the hearing. Turley, on the other hand, said that if the House votes to impeach Trump for obstruction, it would be those lawmakers, and not Trump, who were guilty of abusing power. The hearing followed the public testimony

Rey and BB-8 task new Resistance recruits with a very important mission at the Rise of the Resistance ride at Galaxy’s Edge in Orlando, Florida. “It’s a great addition to Star Wars: Galaxy’s Edge,” Scott Trowbridge, portfolio creative executive and studio leader at Walt Disney Imagineering, said. “Rise of the Resistance is the great way to put you right in the middle of this epic Star Wars action adventure with the First Order and the Resistance and TIE fighters and X-wings and lightsabers and b

John Hamilton, left, chief engineer of Boeings Commercial Airplanes division, and Dennis Muilenburg, CEO of Boeing, testify during the House Transportation and Infrastructure Committee hearing examining the design, development, and marketing, of the Boeing 737 Max jet in Rayburn Building on Wednesday, October 30, 2019. Boeing Commercial Airplanes chief engineer John Hamilton , who was leading the response to the 737 Max crisis, is retiring, CNBC confirmed Wednesday. Lynne Hopper, vice president

While Harris, of California, cited a lack of “financial resources” in her dropout announcement Tuesday, her bundler list is among the most valuable in the 2020 field. This person noted that he has heard from donors with allegiances to Biden, Klobuchar and Booker but has not made a decision on whom to back. Representatives of Harris, Biden, Booker, Buttigieg and Klobuchar did not return a request for comment. He said he even heard from people close to Sen. Bernie Sanders, but not for the sake of

After months of tinkering and negotiations, the outlines of a federal privacy law are finally starting to crystallize, but lawmakers continue to quibble over the details. “We have a lot of bills, but we have no federal law. “People are angry and scared more than ever before and they don’t care whether it’s a federal law or a state law. Enacting a federal privacy law has become a more urgent concern for lawmakers as California’s privacy bill is set to go into effect Jan. 1. Here are some of the k

Sushi by Bou at Suite 1001 might be Manhattan’s only sushi bar speakeasy run out of a 150-square-foot hotel room. Inside there’s a four-seat sushi bar, a lounge area (complete with a sake vending machine) and a 500-square-foot terrace bar with views of the Empire State Building. The hotel room sushi bar is regularly completely booked, with diners typically making reservations two months in advance, according to Michael Sinensky, CEO of Simple Venue, the hospitality group behind Sushi by Bou. The

CNBC Make It analyzed one so-called socially responsible fund, the Fidelity Women’s Leadership Fund (FWOMX), to see how it measures up to its mission, and to illustrate just how complicated impact investing can be. Investing in women’s leadershipThe Fidelity Women’s Leadership Fund is an actively managed equity fund that “invests primarily in companies that prioritize and advance women’s leadership,” per Fidelity’s website. There are many options that also hold Microsoft, Apple, Amazon, Facebook

The stock bounced around, dropping as much as 6% at one point, on concern about future losses. Here are the key numbers for the fiscal third quarter:Earnings: Loss of 2 cents a share, compared with an average estimated loss of 8 cents, according to Refinitiv. Loss of 2 cents a share, compared with an average estimated loss of 8 cents, according to Refinitiv. Revenue: $168.7 million, compared with an average estimate of $156 million, according to Refinitiv. For the fourth quarter, Slack forecast

In the late 1990s Andy Jassy pitched a wild idea to his boss and mentor, Jeff Bezos: what if Amazon developed another business…this one, in the cloud. Two decades later, it’s Amazon’s most profitable division – one that Jassy continues to head up as the CEO of Amazon Web Services. Jon Fortt sat down with the number two man at Amazon, exclusively, at the company’s annual AWS Re:Invent conference in Las Vegas to talk about Amazon’s lead in the cloud today, the controversy surrounding the Pentagon’

Slack CEO Stewart Butterfield said on Wednesday that most of Slack’s top customers use parts of Microsoft’s Office 365 suite, but are choosing Slack for messaging anyway, instead of the competing Microsoft Teams app. He said almost 70% of those customers also use Office 365, which includes popular products like Word, Excel, PowerPoint and SharePoint. “In general we continue to see tremendous adoption across customers of the Office suite,” Butterfield said. Butterfield said, “just look at the wea

Why Crocs are making a comebackCrocs is making a comeback with teen customers. Andrew Rees, Crocs president and CEO, joins ‘Power Lunch’ to discuss why Crocs are more popular than ever.

Expedia has potential to do cost cutting given its low margins: AnalystDaniel Kurnos of the Benchmark Company, Kevin Kopelman of Cowen and Josh Brown of Ritholtz Wealth Management join CNBC’s “Closing Bell” team to discuss Expedia’s leadership change.

Hamad Mohammed | ReutersHere are the most important things to know about Thursday before you hit the door. Labor market softening? The big miss raised concerns that the labor market could be softening. Earnings from Tiffany & moreEarnings season is wrapping up with more than 98% of the S&P 500 companies having released quarterly results. Dollar General, Ulta Beauty, Zoom Video and DocuSign are also slated to report earnings on Thursday.

Five Below — The retailer said its comparable sales rose 2.9% in the third quarter, versus the 2.6% that analysts had expected. The company is among many others in the energy sector dragged down by natural gas and crude prices. RH — The retailer formerly known as Restoration Hardware posted third-quarter earnings that topped analysts’ estimates and it raised its 2019 forecast. RH shares are up more than 70% year to date, thanks in part to analysts’ optimism and news of an investment by Warren Bu

Tesla has been reaching out to its earliest customers — Roadster owners — in recent weeks, acknowledging that service for their vehicles hasn’t been ideal, and promising them a new “dedicated channel” with its own service advisors, technicians and repair centers. In an e-mail shared with CNBC by multiple owners of the original Roadster, Tesla’s President of Automotive, Jerome Guillen, wrote: “We appreciate your continued and pioneering support for Tesla. Guillen also invited Roadster owners to

OPEC’s meetings appear to be in disarray even before they begin this week, but analysts see a growing chance the fractured group may ultimately agree to deeper production cuts. “The problem with the Iraqi oil minister putting this information out there is now it has set market expectations. Ghadhban’s position as oil minister is also tenuous given Iraq’s prime minister resigned last week and a new government will be formed. That in essence would reduce the size of Russia’s production cut if agre

Committee chairman Rep. Jerry Nadler (L) (D-NY) speaks while committee ranking member Rep. Doug Collins (R) (R-GA) looks up during an impeachment hearing where constitutional scholars testified before the House Judiciary Committee in the Longworth House Office Building on Capitol Hill December 4, 2019 in Washington, DC. Drew Angerer | Getty Images News | Getty ImagesThe House Judiciary Committee on Wednesday held its first — and possibly its last — public hearing as part of the impeachment inqui

On Dec. 9, developer CD Projekt Red is shutting off support for Gwent: The Witcher Card Game on PlayStation 4 and Xbox One. CD Projekt Red said both console versions will remain “operational” with limited functionality until June 9. CD Projekt Red said it will continue to support the PC and mobile versions of Gwent — the most popular platforms for the game, according to the developer. On Dec. 9, console players will be able to begin transferring their account data — ornaments, Meteorite Powder f

Xbox Game Pass subscribers will get the current edition of eFootball PES 2020 this month, as well as the return of Tom Clancy’s The Division next week. The Division, which dropped out of Xbox Game Pass in March to make way for Ubisoft Montreal’s sequel, launched in 2016. The Division and PES 2020 are joined by Halo: Reach for both Xbox One and Windows PC. Overcooked 2 also joins the Xbox Game Pass library on Dec. 12. Xbox Game Pass Ultimate, which combines Xbox Live Gold with access to the Xbox