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Herbalife prepared a 'secret dossier' on Bill Ackman

CNBC Business - Fri, 04/20/2018 - 19:00
In this excerpt from his new book, Scott Wapner takes you inside one of the biggest battles Wall Street has ever seen.

SEC charges a third founder of Floyd Mayweather-backed cryptocurrency with fraud

CNBC Business - Fri, 04/20/2018 - 18:54
An additional founder of a cryptocurrency firm endorsed by champion boxer Floyd Mayweather was charged with fraud by the U.S. Securities and Exchange Commission Friday.

Unemployment and financial distress may lead to school shootings

CNBC Business - Fri, 04/20/2018 - 18:47
Gun violence at schools may be a response to the lost hope for improving economic opportunities, says Prof. Adam Pah.

PRO Uncut: Helima Croft

CNBC Business - Fri, 04/20/2018 - 18:34
The full interview with Helima Croft.

Wall Street: No turnaround yet for General Electric despite earnings boost

CNBC Business - Fri, 04/20/2018 - 18:34
Few on Wall Street are calling GE's first-quarter earnings a turnaround for the embattled Dow component.

These bionic vests give factory workers super strength and help prevent injuries

CNBC Business - Fri, 04/20/2018 - 18:34
Ford is testing out Ekso Bionics' wearable robotics to give workers a productivity boost.

PRO Uncut: Tom Lee

CNBC Business - Fri, 04/20/2018 - 18:33
The full interview with Tom Lee.

Weed sales lag expectations as California celebrates legalization on 4/20

CNBC Business - Fri, 04/20/2018 - 18:29
In the first two months of legalization in California, sales of marijuana products were 11.5 percent lower than state estimates.

Presidential hopeful to give away $12,000 to demonstrate cash handout benefits

CNBC Business - Fri, 04/20/2018 - 18:19
Andrew Yang, a 43-year-old entrepreneur, is running for president on a platform centered around universal basic income.

These are the 5 fastest growing restaurants in America

CNBC Business - Fri, 04/20/2018 - 18:19
Many restaurants generated systemwide sales of at least $200 million in 2017, but some are growing faster than others.

Flat yield curve? Not to worry, Fed policymakers say

Reuters Business News - Fri, 04/20/2018 - 18:11
CHICAGO/SAN FRANCISCO (Reuters) - As the gap between short- and long-term borrowing costs hovers near its lowest in 10 years, some investors worry the so-called yield curve is flashing red: that a recession, always preceded by such a flattening, could be around the corner.

Justice Dept investigating leaked Comey memos over classified information: WSJ

CNBC Business - Fri, 04/20/2018 - 18:02
Comey sent a total of four memos to his friend Daniel Richman, a former federal prosecutor.

Wells Fargo agrees to pay $1 billion to settle customer abuses

Reuters Business News - Fri, 04/20/2018 - 18:00
(Reuters) - Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday.

Apple, bond concerns lead Wall Street slide

Reuters Business News - Fri, 04/20/2018 - 17:58
(Reuters) - U.S. stocks fell on Friday, as Apple led a decline in technology stocks on concerns about weak iPhone demand and investors worried about the impact of a rise in U.S. bond yields.

Fed governor Brainard says rising trade tensions a 'material uncertainty'

CNBC Business - Fri, 04/20/2018 - 17:58
Further escalation of trade tensions could raise worries about the global economic recovery, a top Federal Reserve official said Friday.

One of the best high-yield stocks, and one to avoid

CNBC Business - Fri, 04/20/2018 - 17:51
In the chase for more return with less risk, one market watcher went yield hunting on the S&P 500.

See you in Q3: Many investors expect no market gain this quarter

CNBC Business - Fri, 04/20/2018 - 17:50
Investors who manage more than $1 million in brokerage accounts think stocks will go nowhere this quarter.

General Electric reportedly discussing sale of rail unit to Wabtec

CNBC Business - Fri, 04/20/2018 - 17:39
General Electric is in discussions to sell its rail business to Wabtec, Bloomberg reported Friday.

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