Business Blog

Kraft Heinz disclosed impairment charges of $666 million, including writing down the value of its Maxwell House trademark by $213 million.

ARK Invest's Cathie Wood said that Tesla's planned $2 billion stock offering strengthens her bull case that shares can reach $7,000 in 5 years.

The longtime stock bull said the market is trading at 20 times his estimates for this year's earnings.

CNBC's Jim Cramer said the retailer's decision to announce poor same-store sales early was wrong, but the stock may be worth buying on the decline.

"At some point, we are likely to see community spread in the U.S. or in other countries," the CDC's Dr. Nancy Messonnier said.

"Parasite" shocked Hollywood by winning the best picture Oscar, and the triumph also means a huge windfall for a hedge fund in South Korea.