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Okta CEO defends $6.5 billion deal for rival Auth0 after shares fall
March 05, 2021
Generic Mad Money Contemplate
Janet Yellen says Congress needs to 'go big' for Covid relief package
March 05, 2021
Yellen said Biden's package should not be trimmed just because the February jobs report showed 379,000 new jobs had been created, the best since October.
Coursera files for IPO amid online learning boom
March 05, 2021
Coursera files S-1 with the Securities and Exchange Commission for an initial public offering to list on the New York Stock Exchange under ticker symbol "COUR."
California easing Covid rules, will let Major League Baseball, Disneyland reopen
March 05, 2021
The rules announced Friday coincide with Major League Baseball's opening day.
SEC accuses AT&T of selectively sharing investment info with analysts
March 05, 2021
The SEC accused AT&T of violating the Fair Disclosure Regulation.
Stocks face the crosscurrents of higher interest rates and fiscal stimulus in the week ahead
March 05, 2021
The Covid-19 aid package is on track for final Congressional approval in the week ahead. It could be a double-edged sword for markets
Tesla closes below $600 for the first time since December — here's what's weighing the stock down
March 05, 2021
The threat of inflation is hurting stocks that are based on presumed future growth, and competition and parts shortages are also hurting.
Boeing CEO forgoes $3.6 million, but gets $21 million in total pay as Covid-19 roiled business
March 05, 2021
Robinhood chooses the Nasdaq for its IPO, sources say
March 05, 2021
Robinhood has chosen the Nasdaq for its eventual initial public offering, according to sources familiar with the matter.
Antivirus software creator John McAfee indicted on cryptocurrency fraud charges
March 05, 2021
McAfee and his "cryptocurrency team" advisor Jimmy Watson allegedly engaged in an "age-old pump-and-dump scheme," authorities said.
One ETF tracking the broader stock market paid off this week amid the sell-off
March 05, 2021
The Invesco S&P 500 Equal Weight ETF (RSP) is poised to eke out a slight gain this week.
Mike Santoli's market notes: S&P 500 holds the Thursday low and rebounds in emotional trading
March 05, 2021
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
WHO says pandemic has caused more 'mass trauma' than WWII and will last for years
March 05, 2021
"And when there is mass trauma, it affects communities for many years to come," WHO Director-General Tedros Adhanom Ghebreyesus said.
Black and Hispanic women aren't sharing in the job market recovery
March 05, 2021
Employment statistics for women of color were not only more severe when the pandemic began, but are more sluggish in improving.
U.S., EU to suspend tariffs in effort to resolve Boeing-Airbus trade dispute
March 05, 2021
New York lawmakers strip Gov. Cuomo of emergency Covid powers as death data scandal roils state
March 05, 2021
New York Gov. Andrew Cuomo is under fire for a cover-up of coronavirus death data and over sexual harassment allegations.
Stocks making the biggest moves midday: Virgin Galactic, Gap, Nikola and more
March 05, 2021
Names on the move ahead of the open.
Senate Democrats to reduce jobless aid boost in Covid relief bill but extend it another month
March 05, 2021
The change to Democrats' $1.9 trillion coronavirus relief bill would keep a $300 per week unemployment supplement in place through September.
Job growth in February may mark the start of a hiring boom as the economy reopens
March 05, 2021
February's much stronger-than-expected job growth could the be start of a period of much stronger hiring, as the economy reopens.
VW expects half of U.S. sales to be electric vehicles by 2030
March 05, 2021
Volkswagen is accelerating plans to increase sales of all-electric vehicles globally in the U.S., Europe and China.
Cathie Wood's Ark Innovation fund drops 14% on week, wiping out all 2021 gains
March 05, 2021
Staying the course, Wood took the tech wreck this week as an opportunity to buy the dip in some of her ETF's top holdings.
The NBA will pay a key role in Snap's quest for 50% revenue growth
March 05, 2021
Snapchat says its NBA content up 25% as the league prepared for its 2021 All-Star Game in Atlanta. The parties renewed their revenue-share agreement last January.
Cramer says 'story stocks' based on far-off profits are in trouble here
March 05, 2021
"If the story stocks go up, you've got to trim them. You just do," CNBC's Jim Cramer said Friday.
The spring housing market just lost more than 200,000 new listings
March 05, 2021
The spring housing market is shaping up to be the leanest and most competitive ever.
Here's where the jobs are — in one chart
March 05, 2021
The battered leisure and hospitality sector, which includes hotels and restaurants, saw the largest gain by far at 355,000 added.
Dr. Scott Gottlieb: Easing state Covid restrictions but keeping mask mandates a good compromise
March 05, 2021
"I think it's the kind of thing we need to be doing around the country, is at least providing a map of where we're heading," ex-FDA chief Scott Gottlieb said.
These nonprofitable tech companies Goldman warned about got wrecked this week
March 05, 2021
This group of tech stocks has fallen more than the Nasdaq this week.
Pope arrives in Iraq to rally persecuted Christian minority and promote religious tolerance
March 05, 2021
Pope arrives in Iraq to rally persecuted Christian minority and promote religious tolerance
Big Tech critic Tim Wu joins Biden administration to work on competition policy
March 05, 2021
Tim Wu's hire signals that the Biden administration is serious about competition policy and will likely be viewed favorably among progressives.
Saks Fifth Avenue owner spins e-commerce site into separate business
March 05, 2021
HBC, the owner of Saks Fifth Avenue, said it would be splitting the luxury department store's website into a separate business after raising $500 million.
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