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Press Releases

F1 takeover is the end of the road for Bernie Ecclestone

Liberty Media's $8 billion takeover of F1 has brought the forty year reign of the sport's former CEO to a close.


Billionaire Mario Gabelli says Trump marks the 'end of creeping socialism'

The American economy is still the "greatest place to keep capital on a global basis," the Gamco founder tells CNBC.


UK PM wants to trigger Article 50 by March end

The Supreme Court will decide on Tuesday whether the U.K. Prime Minister needs parliamentary approval when it comes to triggering Article 50. CNBC’s Nancy Hungerford reports.


Luxury stores face a triple threat, as potential store closures loom

High-end retailers need to pump the brakes on their expansion plans.


With or without TPP, Vietnamese exports growing: Pro

Vietnam has shifted from agricultural commodities to high-end manufacturing, says Bill Stoops, CIO at Dragon Capital.


2017's best and worst places to retire

Retirement doesn't have to be the end of financial security or life. Here are the best and worst places in the United States.


Verizon downgraded on concern the end of phone subsidies will lead to sales decline

Wells Fargo estimates Verizon will generate sales of $125.5 billion this year compared with the Wall Street consensus of $126.5 billion.


These states would get hurt most in a Trump trade war

President Trump's move to overhaul NAFTA could end up hurting workers in states that heavily supported him.


Oil could reach high $60s by end of year: Pro

The oil markets will reach a rebalanced status this year, says Mark Edmunds at Deloitte.


Walgreens, Rite Aid shares end sharply lower as regulatory fears cast doubt on merger

Shares of Walgreen Boots Alliance and Rite Aid are trading lower after the merger of the two drugstore companies is facing US antitrust concerns.