WASHINGTON, DC – JANUARY 10: Rep. Duncan Hunter (R-CA) speaks to the media before a painting he found offensive and removed is rehung on the U.S. Capitol walls on January 10, 2017 in Washington, DC. Rep. Duncan Hunter, R-Ca, is expected to appear in federal court on Tuesday to plead guilty for spending more than $200,000 in campaign funds on personal expenses, according to the San Diego Union-Tribune. The representative and his wife were charged with 60 criminal counts of campaign finance violat

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” While it’s not clear if Google is providing all these services to businesses whose websites are hosted on its cloud, Tharp said some of its partners include Home Depot and

Biogen’s stock could fall as much as 10% once it releases new data this week on its Alzheimer’s drug, aducanumab, Baird biotech analyst Brian Skorney told CNBC on Monday. Shares of Biogen were down more than 2% in intraday trading Monday after Skorney wrote in a note to investors that he is skeptical Biogen’s Alzheimer’s drug will be approved by federal regulators. In March, Biogen pulled the plug on its Alzheimer’s drug and sent its stock tanking after an analysis from an independent audit reve

Former U.S. president Jimmy Carter speaks at a news conference at the Carter Center in Atlanta, Georgia. Former U.S. President Jimmy Carter was admitted to a south Georgia hospital over the weekend for treatment of a urinary tract infection, a spokeswoman said Monday. Deanna Congileo, a spokeswoman for The Carter Center, said in a statement that the 95-year-old former president was admitted to Phoebe Sumter Medical Center in Americus over the weekend. After partial removal of his liver, treatmen

UnitedHealth’s stock has “caught fire” due in part to Sen. Elizabeth Warren appearing to “back away” from her “Medicare for All” proposal, CNBC’s Jim Cramer said Monday. Shares of the managed-care company got hammered in September when Warren became the new frontrunner in the crowded 2020 Democratic presidential race. Warren’s platform has called for the elimination of private health insurance, like UnitedHealth, and replacing it with a universal Medicare plan for all Americans. The stock has al

Stocks fell on Monday, the first trading day of the month, as weaker-than-expected results from November’s ISM Manufacturing index reading weighed on the broad market. But the consumer — it’s Target doing great, Walmart doing great versus Kohl’s doing terribly. I actually think this ISM number today actually dovetails pretty well with the tone we just got from 3Q earnings. I think that’s where we are. That’s a lot of excess capacity for further economic recovery and further highs in this market.

Lev Parnas and wife Svetlana Parnas arrive at federal court on December 2, 2019 in New York City. Federal prosecutors on Monday said they are “likely” to file new criminal charges in a pending case involving associates of Rudy Giuliani, the personal lawyer of President Donald Trump. Giuliani has not been charged in connection with the case. That material includes records from phones, banks and the Internet obtained from witnesses and companies related to the charges. Parnas’ lawyer Joseph Bondy

Robert Mercer and Rebekah Mercer attend the 2017 TIME 100 Gala at Jazz at Lincoln Center on April 25, 2017 in New York City. Republican megadonors Robert and Rebekah Mercer donated over $12 million to a variety of conservative causes last year despite distancing themselves from being associated with President Donald Trump. The Mercer family trust finished 2018 with assets worth up to $24 million, their latest filing shows. Rebekah Mercer is listed as GAI’s chairwoman. But Mercer in 2017 distance

Dexcom’s continuous blood sugar monitors are designed to make it easier for patients with diabetes to get frequent readings without the finger prick system. But since Saturday, a glitch in Dexcom’s technology has kept patients and parents of kids with diabetes from getting regular updates, leaving them unaware of potentially dangerous problems. However, we have determined that a server overload occurred due to an unexpected system issue that generated a massive backlog, which our system was unab

Jim Cramer: We need more ‘negativity’ in the market before you can start buying again”Once people start worrying again, stocks will come down to more reasonable levels and then you can pounce, but we’re not there yet,” the “Mad Money” host says.

Rebecca Cook | ReutersWhat a difference a couple weeks can make: A slowdown in fourth-quarter growth to near-zero that appeared nearly inevitable has disappeared, fading even with manufacturing still stuck in contraction. Overall, though, the picture for Q4 does not look nearly as bleak as it did the previous two months. The ISM Manufacturing Survey, a bellwether for the goods-producing sector, remained in contraction with a 48.1 reading. That’s generally a sign if not of a robust economy then a

Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The company expects fourth-quarter earnings between 3 cents and 6 cents per share on revenue between $101.5 million and $102.5 million. For the full fiscal year, Coupa anticipates earnings between 34 cents per share and 37 cents per share and revenue ranging from $379.8 million to $380.8 million. Shares of Arrowhead Pharmaceuticals slid nearly 4% after the company announced it plans to offer 4 million

‘Tis the season for buying opportunities, Wall Street bull Jeff Saut told CNBC on Monday. “I think you’re getting an early Christmas gift with this sell-off right here on Friday and today,” Saut said. Saut said he believes the sell-off may continue into the middle of the week, but that does not shift his overall attitude toward the market. Despite the weak manufacturing reading, Saut said he thinks better-than-expected retail sales can propel the market higher in December. “I think financials ar

Stocks could have a hard time charging ahead until the Trump administration clarifies whether it will impose new tariffs on China on Dec. 15. “I think you can see that each time the market makes new all-time highs, trade tensions escalate and markets become more volatile and sell off. Analysts said they expect some sort of trade deal that halts the next round of tariffs on Chinese goods by Dec. 15, the date the tariffs are expected to take effect. When we think about this whole year, many times

White House Counselor Kellyanne Conway and her husband George Conway arrive for a candlelight dinner at Union Station on the eve of the 58th Presidential Inauguration in Washington, U.S., January 19, 2017. Kellyanne Conway asked, linking to a video of Biden. George Conway fired back 11 minutes later: “Your boss apparently thought so.” She helped run his campaign and is one of the longest-serving senior advisors in the Trump White House. The White House had no immediate comment on Monday’s Twitte

In today’s job market, technology skills are crucial. The demand for IT workers is high, pay for tech jobs is competitive, and more workers in nearly every line of work are putting effort into learning data and technology skills. Udemy’s latest 2020 Workplace Learning Trends Report, however, found that the No. Udemy’s list of emerging skills and trends underscore the need for workers to continue learning new skills to add value to their jobs. These are the latest skills that could shake up the t

In fiscal year 2018, The Coca-Cola Company reported $31.9 billion in sales. And that’s largely because with so much success people begin to fear failure, according to Coca-Cola Co. CEO James Quincey. And the company also has an innovation award “that celebrates projects that fail,” he said. So when Coca-Cola products fail, they are discontinued quickly, a process Quincey calls killing the “zombies.” This year the company introduced Coke Energy, “an energy drink that tastes more like Coca-Cola th

Since we bought MiTek in 2001, it has made 33 ‘tuck-in’ acquisitions, almost all successful,” Buffett wrote in 2011. Loomis’ offers readers insights into Buffett’s investment strategies, along with his wisdom on management, philanthropy, public policy and even parenting. ″[‘The Outsiders’] is an outstanding book about CEOs who excelled at capital allocation,” Buffett wrote in 2012. It “includes an index that I find particularly useful, specifying page numbers for individuals, companies and subje

China is now a developed threat and it’s time for the country to respect the global rules, the U.S. ambassador to NATO told CNBC Monday. Global leaders will gather in London this week for a two-day NATO meeting, marking 70 years since the alliance’s creation. Permanent Representative to NATO, Ambassador Kay Bailey Hutchison, said it was now time to bring China “into the rules-based order.” Bailey Hutchison said until now, the rest of the world had let China get by with not meeting World Trade Or

Russian President Vladimir Putin on Monday signed legislation requiring all smartphones, computers and smart TV sets sold in the country to come pre-installed with Russian software. The law, which will come into force on July 1 next year, has been met with resistance by some electronics retailers, who say the legislation was adopted without consulting them. The law has been presented as a way to help Russian IT firms compete with foreign companies and spare consumers from having to download soft