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Airplane class wars have come to coach. Here is your guide to the new economy seats

Airplane class wars have come to coach. Here is your guide to the new...

U.S. airlines are following the lead of a product that international airlines have been offering for years. Premium economy class is often a separate cabin, in between business and economy. Passengers in these seats get an amenities kit, earlier boarding, lounge access, bigger entertainment monitors, better dining options. The seats are wider and offer significantly…
Why December’s ugly stock market is very bad news for California’s finances

Why December’s ugly stock market is very bad news for California’s finances

December's ugly stock market is very bad news for California's finances. That's because the state's top 1 percent of personal income tax earners — roughly 164,000 tax returns — generate about half of the personal income taxes in California. A good chunk of the income from the wealthy comes from capital gains and stock options…
Chinese consumers are starting to ‘take sides’ in the trade war, and that’s bad news for US companies: Cramer

Chinese consumers are starting to ‘take sides’ in the trade war, and that’s bad...

Chinese consumers are starting to "take sides" as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC's Jim Cramer said Friday. Perhaps it already is: U.S. tech giant Apple recently warned that its fiscal first-quarter results would miss expectations due to weaker-than-anticipated iPhone sales in China. Then,…
Apple set to report earnings after market close

Apple set to report earnings after market close

Apple saw a sharp decline in iPhone revenue during the quarter, denting the company's main revenue stream. The segment saw a gross margin on its product business of 34.3 percent, lower than the 38 percent margin Apple reported for its overall business. "Our customers are holding on to their older iPhones a bit longer than…
December jobs report shows surprising strength, but doesn’t end worries about growth slowdown

December jobs report shows surprising strength, but doesn’t end worries about growth slowdown

December'sstronger-than-expected jobs report shows the labor market remains solid, but does not alleviate fears that the economy is slowing down as the new year begins. The economy added 312,000 jobs in December, far more than the 177,000 that were expected and the largest increase in payrolls since February, 2018. The unemployment rate rose to 3.9…
Comcast to report earnings before the bell

Comcast to report earnings before the bell

Comcast on Wednesday reported fourth-quarter earnings and revenue that exceeded expectations but fell short on net additions of high speed internet customers. The stock popped over 3.2 percent in premarket trading. Here's what Comcast reported versus Wall Street's expectations: Earnings: 64 cents per share adjusted vs. 62 cents per share expected in an analyst survey…
Tesla set to report earnings after the bell

Tesla set to report earnings after the bell

Tesla is expected to report earnings for the fourth quarter of 2018 after the bell on Wednesday. Here is what analysts expect: Adjusted EPS: $2.20, according to average estimates compiled by Refinitiv Revenue: $7.08 billion, according to average estimates compiled by Refinitiv Investors have been paying close attention to any indication of how profitable Tesla's…
Amazon to report fourth-quarter earnings after the bell

Amazon to report fourth-quarter earnings after the bell

Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association's Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Amazon is reporting its all-important fourth-quarter earnings on Thursday after the bell. The fourth-quarter is typically the largest…
Market lost ‘a couple of thousand points’ it didn’t need to because of Washington chaos, says UBS’ Art Cashin

Market lost ‘a couple of thousand points’ it didn’t need to because of Washington...

Turmoil in Washington, D.C., has caused unnecessarily drastic declines in the stock market in recent weeks, UBS' Art Cashin told CNBC on Friday. "I think we lost maybe a couple of thousand points that we didn't need to because of the disruptions that we saw," including the ongoing government shutdown and President Donald Trump's attacks…
J&J announces $5 billion share buyback program after report wipes out $50 billion in market value

J&J announces $5 billion share buyback program after report wipes out $50 billion in...

Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday. Reuters published an in-depth report that said the company knew for decades its talc baby powders contained asbestos and failed to disclose it. The…

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Apple shares dip on report that proposed tariff list covers wide...

"It is difficult to see how tariffs that hurt U.S. companies and U.S. consumers will advance the Government's objectives with respect to China's technology policies," Apple said in the letter. "We hope, instead, that you will reconsider these measures and work to find other, more effective solutions that leave the U.S. economy and U.S. consumer…

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