The Phoenix Suns unveiled renderings and provided more details Thursday night surrounding the team’s $230 million renovation project of Talking Stick Resort Arena. Labeled “Project 201: PHX Reimagined,” the 27-year-old venue, one of the oldest in the NBA that hasn’t been remodeled, will see an entire transformation. Among the upgrades is a new video scoreboard centerpiece that’s six times larger than the current scoreboard. According to details of the project, the City of Phoenix will contribute

Tesla’s new Cybertruck pickup. Tesla CEO Elon Musk introduces the Cybertruck at an event on Nov. 21, 2019. screenshotAt the event on Thursday, the CEO introduced Tesla Chief Designer Franz Von Holzhausen to demonstrate how much of a beating the Cybertruck could take. The Tesla Cybertruck with the bed open and ready to load, from a promotional shot on the company’s web site. The Tesla CEO took several digs at Ford, the leader in the pickup category. A promotional shot of Tesla’s Cybertruck.

Google to end microtargeting for political adsGoogle is the latest tech giant to rethink its policy on political ads. CNBC’s Julia Boorstin reports.

Israel’s prime minister has now been formally indicted for bribery and corruption. Correspondingly, both President Trump and Prime Minister Netanyahu are facing these efforts just as national elections for both of them loom around the corner. With that in mind, note that in the April national election, center-right Israeli parties took 59% of the parliamentary seats not including those Arab parties. In addition to some of those Blue & White Party leaders, those former proteges are on the masthea

Watch CNBC’s full interview with Zillow CEO Richard BartonRichard Barton, Zillow CEO, discusses the state of the housing market on CNBC’s “Closing Bell.”

We’ll get a read on the health of the consumer on Friday with November’s final consumer sentiment data set to release at 10:00 a.m. Sentiment in the U.S. in October came in at 95.5, according to data released by the University of Michigan. Manufacturing and services gaugeWe’ll get a read on the U.S. manufacturing and services sector with PMIs from Markit released on Friday. Economists polled by Dow Jones are expecting a slightly stronger reading of manufacturing activity in November at 51.4, com

Williams-Sonoma’s stock dropped nearly 5% after the company reported third-quarter earnings that were largely in line with what analysts surveyed by FactSet expected. But the company’s same-store sales at its flagship stores dropped 2.1%, more than the 1% drop analysts anticipated. Shares of Shoe Carnival jumped more than 7% after the company reported third-quarter same-store sales growth of 3.5%, above the 3% Wall Street expected from the retailer. Splunk climbed 6% after delivering third-quart

Frank Jansky | Icon Sportswire | Getty ImagesThe National Football League on Thursday upheld its indefinite suspension of Cleveland Browns defensive lineman Myles Garrett over a violent skirmish on the field with Pittsburgh Steelers quarterback Mason Rudolph last week. Garrett reportedly accused Rudolph of inciting the conflict by using a racial slur during their on-field confrontation Nov. 14, which Rudolph’s agent said was “a lie.” According to ESPN, Garrett told NFL officials at his appeals h

This year marks the first time since 2014 that a Disney film will not be released during the Thanksgiving holiday week — but that’s not likely to hinder “Frozen II” at the box office. The hotly anticipated sequel to Disney’s 2013 breakout hit “Frozen,” arrives in theaters on Friday, five days ahead of a typical Thanksgiving release. For years, the studio has thrived on releasing an animated feature during the holiday, launching titles like “Moana,” “Coco” and “Ralph Breaks the Internet” during a

Most adolescents aren’t getting enough exercise as screen time increasingly replaces physical activity in homes across the world, putting their current and future health at risk, the World Health Organization warned in a new study Thursday. “Urgent policy action to increase physical activity is needed now, particularly to promote and retain girls’ participation in physical activity,” study author Dr. Regina Guthold of WHO said in a release. “More opportunities to meet the needs and interests of

Its once-strong Old Navy brand struggled to move women’s apparel off of shelves, resulting in a third-quarter same-store sales decline of 4%. Gap also announced Thursday it plans to exit Old Navy from China in early 2020, focusing instead on “under-served” North American markets. The clothing retailer said third-quarter companywide same-store sales fell 4%, compared with flat growth a year ago. It said same-store sales at the Gap brand were down 7%, they fell 3% at Banana Republic, and slipped 4

Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Total revenue fell to $3.67 billion, from $3.75 billion a year ago, but matched estimates. Full-price sales, meanwhile, dropped 4.1% to $2.27 billion, compared to the $2.37 billion in sales last yea

You’ll soon be able to buy merchandise featuring the breakout star of “The Mandalorian,” CNBC has learned. The Child — or “Baby Yoda,” as “Star Wars” fans have been affectionately calling it — was absent from the marketing and initial merchandise launch for the new Disney+ show because showrunners Jon Favreau and Dave Filoni didn’t want to spoil his surprise appearance. Apparel and accessories featuring the yet unnamed creature will soon be available through Amazon, Zazzle, Target, Kohl’s, Macy’

WASHINGTON — President Donald Trump’s former top Russia expert Fiona Hill testified Thursday that the months-long pressure campaign to try to get Ukraine to launch investigations into Trump’s political opponents amounted to a “domestic political errand” that ran counter to legitimate “national security policy.” It was some of the sharpest testimony yet in ongoing impeachment hearings to directly challenge the Republican defense of Trump’s actions towards Ukraine. Hill recalled an argument she ha

President Donald Trump makes a statement at the White House following reports that U.S. forces attacked Islamic State leader Abu Bakr al-Baghdadi in northern Syria, in Washington, October 27, 2019. President Donald Trump signed a short-term spending bill into law Thursday with little time to spare before the government shut down. It sets up another potential showdown over spending next month. The funding extension gives the House and Senate more time to come to a long-term appropriations deal. D

The combined firm would have $5 trillion in assets, and the Financial Times says the deal could value Ameritrade at $25 billion. Ryan said the combined Schwab and Ameritrade would have strong synergies. The combined firm would also have about a third of the assets in the growing custodial business for registered investment advisors. ‘Wounded ducks’Bilson said it was unusual that just after Ameritrade CEO Tim Hockey said in July that he would be leaving, E-Trade replaced its CEO. Schwab CEO Walte

President Barack Obama said on Thursday that technology has brought about greater inequality and made the public more divided, despite its potential. “Part of what happens is that people don’t know what’s true and what’s not, and what to believe and what not to believe,” Obama said. People who watch Fox News live in a different reality than those who read The New York Times, Obama said. Today’s culture, accelerated by technology and social media, leads to the pursuit of the wrong things, Obama s

Satya Nadella, chief executive officer of Microsoft Corp., pauses while speaking during a Microsoft product event in New York, U.S., on Wednesday, Oct. 2, 2019. Microsoft said on Thursday it had been granted a license from the U.S. government to export software to Huawei”On November 20, the U.S. Department of Commerce granted Microsoft’s request for a license to export mass-market software to Huawei. We appreciate the Department’s action in response to our request,” a Microsoft spokesman told Re

The speech comes as Big Tech companies are under increasing scrutiny from governments on antitrust and privacy matters and abuse of their platforms. Several U.S. presidential candidates, led by Elizabeth Warren, have called for Facebook and other tech companies to be broken up. Facebook, YouTube and Google, Twitter and others — they reach billions of people. Baron Cohen was particularly critical of Facebook CEO Mark Zuckerberg, who recently promoted freedom of speech to students at Georgetown Un

NEW YORK — Pronounced wealth inequality that has built up for decades poses a major threat to a U.S. economy that is in otherwise “excellent” shape, former Federal Reserve Chair Janet Yellen said Thursday. While she doesn’t see a recession on the horizon, she also noted that the risks are piling up. Despite the central bank’s efforts to guide the economy, Yellen cited “a very worrisome long-term [trend] in which you have a very substantial share of the U.S. workforce feeling like they’re not get