Now comes the streaming service. Newly combined ViacomCBS is working on combining media assets for a new streaming service that will build on CBS All Access, according to people familiar with the matter. An ad-free version will also be available, and a premium version of the streaming service will include Showtime, the people said. ViacomCBS executives haven’t decided on a name for the service, nor a price, though the base service will probably be less than $10 a month, two of the people said. B

Among the world’s top 10 richest people, half studied engineering or computer science. Sara BlakelyNet worth: $1.1 billionWhat she studied: legal communications Spanx founder and CEO Sara Blakely studied legal communications at Florida State University. Ray DalioNet worth: $18.7 billionWhat he studied: accounting Before founding Bridgewater Associates, the world’s largest hedge fund, Dalio attended Long Island University and studied accounting. He then received his master’s in business administr

The company’s shares opened at $14.50, a more than 20% increase from the offering price. “The losses here are staggering” for the business, Cramer said on “Squawk on the Street.” However, Casper ended up pricing its IPO on Wednesday evening at $12 per share, giving the company a market value of $476 million. “You cut and cut and cut; you can get a deal to work, any deal to work,” he added. If the shares are priced too high on their first day, they could fall and create less-than-ideal optics.

The Iowa Democratic Party caucus app is displayed on an iPhone outside Iowa Democratic Party headquarters in Des Moines, Iowa, on Tuesday, Feb. 4, 2020. An Iowa Democratic Party official said the influx of calls to the reporting hotline included “supporters of President Trump who called to express their displeasure with the Democratic Party.” Iowa Democratic Party officials said that party staff members and volunteers flagged and subsequently blocked repeat callers who appeared to be reaching ou

kate_sept2004Tax season has just started, but you can still find opportunities to cut your 2019 taxes if you know where to look. Even if you’re able to get six more months to file your tax return, you’re required to pay taxes owed by April 15. Here are a few opportunities to save on your 2019 tax return. Further, you can contribute up to $6,000 to your traditional IRA for 2019, plus $1,000 if you’re 50 and over. If you itemize on your tax return, you can deduct the premiums you paid during the y

Watch CNBC’s full interview with Sonos CEO Patrick SpenceSonos CEO Patrick Spence joins “Squawk on the Street” to discuss Q4 earings results.

China slashes tariffs on US goodsTori Smith from the Heritage Foundation joins “The Exchange” to talk about China tariffs.

Here’s how Audi is catching up to Mercedes-Benz and BMWIn the U.S., German automakers rule the luxury car market. Car brand Audi went from being a scandal-ridden name no one wanted to touch to a fearsome competitor that had about a decade of solid sales growth in the United States. However, that streak was broken, due to slumping sales, compliance concerns, and continued fallout from the diesel cheating scandal that rocked Audi’s parent company Volkswagen. Audi now trails behind BMW and Mercedes

Even with a sponsorship deal with the National Football League, Pizza Hut’s U.S. business is struggling to find a win. The warning follows yet another disappointing quarter from the pizza chain, which reported a same-store sales decline of 2% in the fourth quarter. In the U.S., which is its largest market by systemwide sales, same-store sales fell even further, dropping 4%. In the wake of Pizza Hut’s lackluster financial results, Yum also announced that it has tapped Kevin Hochman as interim pre

Fiat Chrysler has freshened the Chrysler Pacifica minivan with SUV-inspired styling, a new all-wheel-drive system and nearly 100 standard safety features. The new features and updated styling were done to better compete against crossovers and SUVs, segments customers have been flocking to from passenger cars for their space, capability and safety – three areas Chrysler concentrated on for the 2021 Pacifica. Pricing for the updated vehicle, which will arrive in U.S. dealerships in the fourth quar

Goldman Sachs has a portfolio of dividend stocks for investors who want a smoother ride and it’s topping the market as well. The bank is touting to clients a portfolio that tracks stocks with high dividend growth. This winning basket consists of 50 stocks with above average dividend yield and the fastest expected dividend growth, according to the bank’s note to clients explaining the portfolios’ constructions. These stocks will raise their dividends by an annualized rate of 9% through 2021, comp

The tails of Boeing 737 MAX aircraft are seen parked at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. The 737 Max was grounded in March after two crashes killed 346 people. In January, the FAA and Boeing said they were reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 Max. Dickson, the U.S. regulator responsible for approving 737 Max updates, said a key certification flight might take place in th

Russian President Vladimir Putin (L) meets with his US counterpart Barack Obama on the sidelines of the G20 Leaders Summit in Hangzhou on September 5, 2016. The Senate Intelligence Committee on Thursday issued its long-awaited report on how former President Barack Obama handled Russian meddling in the 2016 election. The Senate Intelligence Committee also concluded that the Russian government sought to bolster Trump’s 2016 election chances. Former special counsel Robert Mueller, who led the inves

Russia’s reluctance to jump on board a bigger OPEC production cut may signal a potential fissure within the oil producer alliance, known as OPEC plus. “They’re going to have to come up with a significant production cut, even if it’s for a limited tim. The U.S. industry continues to grow, pumping as much oil as is economically feasible, while the OPEC+ group has struggled a production cut of 1.8 million barrels a day. At $50, oil prices become challenging even for Russia’s industry which has oppo

President Donald Trump is expected to deliver remarks from the White House on his impeachment Thursday afternoon, a day after the Senate acquitted him on two charges. In the months leading up to the Senate trial and during the trial itself, Trump continuously labeled his impeachment a “hoax” or a “witch hunt.” In his speech on Thursday, Trump is expected to double down on those claims, White House Press Secretary Stephanie Grisham told reporters ahead of the event. Trump was impeached by the Dem

Negative interest rates that have spread through Europe and Japan are coming soon to the U.S., according to a Societe Generale strategist. Edwards said he is “now more convinced than ever before that the coming deflationary bust will take the US 30y yield below zero. Some $11 trillion of global sovereign debt is carrying negative yields. Negative rates happen when bond investors pay such a high premium on bonds that their coupon returns actually cause them to lose money by lending it to the gove

From the 1980s to the late 2010s, Audi went from being an also-ran among German luxury car brands to a serious rival to BMW and Mercedes-Benz. Now it is recovering from a few recent stumbles and is trying to transform itself for a new era of electrification. It is also part of a product overhaul the brand has been promising since top brass acknowledged a brief slump in sales. “We are currently in a challenging phase,” said Audi CEO Bram Schot in the company’s 2018 annual report. In the 1980s Aud

Casper’s CEO doesn’t seem too concerned about the online mattress maker seeing its valuation take a major haircut during its public market debut. Casper shares surged nearly 30% following the company’s initial public offering Thursday morning, opening at $14.50. Casper had priced its IPO at $12 per share, or the very low end of its target range, Wednesday evening. That was after it slashed its target price range, from $17 to $19 a share, to $12 to $13 per share. Krim appeared upbeat at the New Y

“To put it bluntly, we’re shadow boxing,” Tedros said at a news conference at the agency’s headquarters in Geneva. So far, the agency has received donations from the Bill and Melinda Gates Foundation and from Japan, Tedros said. The virus appears to be particularly troublesome for older people and those with underlying health conditions, health officials said. Ryan said the overall number of confirmed cases in China dropped in the last day for the first time since the outbreak began. Many public