John Hope Bryant speaks at the 2017 Andrew Young International Leadership awards and 85th Birthday tribute at Philips Arena on June 3, 2017 in Atlanta, Georgia. Being a billionaire businessman and philanthropist should be viewed as a positive, not a negative, if Mike Bloomberg were to decide to run for president, according to John Hope Bryant, an advocate for economic empowerment. Bryant — founder of Operation Hope and former advisor to Presidents Donald Trump, Barack Obama and George W. Bush —

And as the Chinese retail giant has courted more brands to participate, retailers around the world are bracing for the biggest shopping event of the year. Alibaba’s Singles’ Day debuted on Nov. 11, 2009, as a day for those people not in romantic relationships to celebrate themselves by shopping online. Alibaba’s Single’s Day in 2018 did over $30 billion, and that number is expected to grow. Trade tensions between the U.S. and China could hit American brands participating in Singles’ Day this yea

And the biggest target, according to some experts, isn’t the flashy Twitter – it’s the button-downed site LinkedIn, which is owned by Microsoft. LinkedIn, they say, is likely being targeted by foreign agents looking to infiltrate the company physically as well as by spies looking to use phony LinkedIn accounts to connect with sources. To spies, he said, “LinkedIn is interesting — you can use it to find out a lot of corporate information without even hacking.” “People ought to be a first line of

President Donald Trump on Friday taunted former New York Mayor and multibillionaire Michael Bloomberg amid reports that he is preparing a late entry into the already crowded 2020 Democratic primary race. “There’s nobody I’d rather run against than little Michael.” “Little Michael will fail,” Trump added. Trump, who stands seven inches taller than Bloomberg, has slighted the former mayor with the “little” moniker before. “‘Little’ Michael Bloomberg, who never had the guts to run for president, kn

Disney shares jumped Friday as excitement around the media giant’s streaming service overshadowed a sharp profit decline for the previous quarter. “The market is sensing big things are brewing in the quarters ahead,” Michael Nathanson, founding partner at MoffettNathanson, said in a note. Steven Cahall, an analyst at Wells Fargo Securities, also expects Disney+ to end the calendar year with 8 million subscribers. Doug Creutz, an analyst at Cowen, expects Disney+ to obtain more than 30 million su

D’Andrea, Meyer and their colleagues at Children’s would be among the first doctors in the nation to uncover and sound the alarm on the vaping lung illness, tentatively being called EVALI, short for e-cigarette, or vaping, product use associated lung injury. State and federal health officials are painstakingly interviewing patients and their parents, gathering data on what the victims were vaping. Public health officials are urging consumers to stop vaping, especially THC, the psychoactive ingre

Traffic passes by an Old Navy and GAP stores in Times Square, March 1, 2019 in New York City. Gap Inc.’s plans to spin off its once-star Old Navy brand are being called into question with the ouster of CEO Art Peck. With Peck’s abrupt departure, analysts are doubting a looming split of Old Navy and Gap will go through, especially with the Old Navy brand in such poor shape. Until recently, Old Navy had been the star of Gap’s portfolio, bringing in about $8 billion in annual sales. “With the CEO d

Tesla founder Elon Musk has fired back at one of his biggest hedge fund adversaries, ridiculing Greenlight Capital founder David Einhorn in a letter shared on Twitter for his position against the electric car maker. Musk addresses Einhorn as “Mr. Unicorn” and himself as “Treelon,” pointing out the losses that Greenlight has suffered due to its short position against Tesla. (Musk agreed last month to donate 1 million trees to the Arbor Day Foundation last month.) The stock is up 7.1% this week an

President Donald Trump faces reporters as he departs for travel to Tupelo, Mississippi from the South Lawn of the White House in Washington, November 1, 2019. President Donald Trump said Friday he has not agreed to scrap tariffs on Chinese goods though Beijing would like him to do so. The U.S. and China have worked to sign what the White House has described as a “phase one” trade deal. On Thursday night, Trump trade advisor Peter Navarro also denied the reports. Trump and Chinese President Xi Ji

Taking place on Nov. 11 each year, Singles Day is widely believed to have started in the 1990s by men celebrating being single in universities. In 2009, Alibaba launched its first shopping event that day, offering heavy discounts on its Tmall shopping platform. Star power and live streamingAlibaba usually kicks off Singles Day with a gala event which ends just before midnight on Nov. 11. More items for saleAlibaba said that 1 million new products will be on offer during the Singles Day festival.

The revenue brought in by Chinese apps accounted for 22% of the $3.43 billion spent in the top 100 apps overall. The mobile app research firm only looked at the top 100 grossing apps in Apple’s App Store and Google Play Store. There were 25 Chinese apps in the top 100 grossing list — up from 21 in the third quarter of 2018. The user spending figure was up over 65% year-on-year in the third quarter. And the overall percentage of user spending captured by Chinese apps rose too.

LISBON, Portugal — For tech start-ups trying to secure funding and go public, being in the black is the new black. At the Web Summit tech conference in Lisbon, Portugal this week, more than 2,000 start-ups vied for the attention, and pocketbooks, of venture capitalists, big tech companies and investment firms. Investors have shifted their attention toward profits following a string of high-profile IPOs from loss-making companies like Uber, Lyft and Peloton. Vision Fund blame gameSome investors b

Ratings agency Moody’s downgraded its outlook on India’s ratings Thursday from “stable” to “negative,” citing increasing risks that the country’s economic growth will remain “materially lower than in the past.” Its economic growth hit a six-year low in the April-to-June quarter, during which the economy grew 5% from a year ago. India’s fiscal year starts on April 1. The Reserve Bank of India has cut rates by 135 basis points so far in 2019 to support growth and has signaled further easing. Moody

Shares in Asia were set to trade higher on Friday after the Dow Jones Industrial Average closed overnight at a record high amid renewed optimism on the U.S.-China trade front. Meanwhile, shares in Australia inched higher in early trade, with the S&P/ASX 200 up fractionally. The ministry spokesperson said both sides were closer to a so-called “phase one” trade agreement following constructive negotiations over the past two weeks. A U.S. official also said both sides agreed to the tariffs rollback

Married and cohabitating millennials are more likely to hold separate bank accounts than previous generations, according to a Bank of America study. Why couples maintain separate accountsSociologist Joanna Pepin of the University of Maryland, who studies couples’ financial decisions, says many factors drive this trend. Joanna Pepin University of MarylandMany women have also experienced the unpleasantness that can result when money gets mingled. Many couples Pepin interviewed also cited student d

Among those surveyed, 29% cited job cuts as “the worst potential effect of a recession.” Generally, businesses do shed jobs and either slow or stop hiring during a recession, which causes the unemployment rate to climb. Recession length and peak unemployment rate since 1948 Social chart title Note: In some cases, the unemployment rate climbed higher after the recession officially ended. She recommends reaching out to former coworkers, business associates, and classmates for relationship-building

Below, CNBC Select reviews who’s eligible for Global Entry, how you can apply and how to use it at airports. Applicants under 18 must have a parent or legal guardian’s consent to participate in Global Entry. How to apply for Global EntryApplicants are required to submit a Global Entry application and pay a $100 fee. The Capital One® Venture® Rewards Credit Card, for example, offers a statement credit of $100 toward a Global Entry application every four years. How does Global Entry workWhen you a

“I’m just a regular guy who was fed up with his commute and found a better way to get to work,” Pike says. Now his commute via jet ski takes as little as 7 minutes from dock to dock, and about 15 minutes total. Social chart title *Spread over three years kiersten schmidt/grow David PikeCommuting via jet ski, sadly, isn’t an option for most workers. Time savings: Whether a bike commute saves you any time depends on the quality of your city’s bike infrastructure. I’m just a regular guy who was fed

Watch CNBC’s full interview with AMC CEOAMC Entertainment CEO Adam Aron joins CNBC’s “Closing Bell” to talk about his company’s Q3 earnings report.

Watch CNBC’s full interview with Disney CEO Bob Iger on Q4 earningsDisney topped Wall Street estimates on EPS and revenue in its Q4 earnings. Bob Iger, Disney CEO, joined CNBC’s “Closing Bell” in an exclusive interview with Julia Boorstin.