Blinken tells China its spy balloon was ‘irresponsible’ after canceling Beijing trip

WASHINGTON – U.S. Secretary of State Antony Blinken indefinitely postponed what was to be an already tense trip to China on Friday, citing a Chinese reconnaissance balloon moving east across the United States that posed a threat to national security. Blinken had been scheduled to depart for Beijing Friday night, on a trip that was … Read more

View More Blinken tells China its spy balloon was ‘irresponsible’ after canceling Beijing trip

In 1st rating action, S&P cuts outlook on 2 Adani companies to negative – Times of India

MUMBAI: In the first rating action since the Hindenburg report, S&P has lowered the outlook on Adani Ports and Adani Electricity to negative from stable. The ratings agency cited the deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai due to governance risks and funding challenges for the larger Adani Group.Earlier ICRA, … Read more

View More In 1st rating action, S&P cuts outlook on 2 Adani companies to negative – Times of India

Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class-action securities fraud trial stemming from tweets Musk made in 2018. The … Read more

View More Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Cramer’s lightning round: Zoom Video needs a merger

Cintas Corp: “It’s one of the greatest small business companies in the world.” VF Corp: “I am very worried about VF.” AST SpaceMobile Inc: “That’s a very tough one to own.” Disclaimer: Cramer’s Charitable Trust owns shares of Pioneer Natural Resources. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no … Read more

View More Cramer’s lightning round: Zoom Video needs a merger

Cramer’s week ahead: Take advantage of the bull market by selling some shares

CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market.  “I don’t know if we can continue this week’s bizarrely bullish behavior, but it’s worth sticking around and … you can trim a bit of some stock that you’re up a lot,” … Read more

View More Cramer’s week ahead: Take advantage of the bull market by selling some shares

Kyiv presses criminal charges against Wagner group chief; Germany announces more tanks for Ukraine

NATO urges Russia to respect nuclear pact with the U.S. In image from video released by Russian Defense Ministry Press Service on Oct. 26, 2022, a Yars intercontinental ballistic missile is test-fired as part of Russia’s nuclear drills from a launch site in Plesetsk, northwestern Russia. Russian Defense Ministry Press Service via AP NATO called … Read more

View More Kyiv presses criminal charges against Wagner group chief; Germany announces more tanks for Ukraine

Pro Picks: Watch all of Friday’s big stock calls on CNBC

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Ford after the automaker missed on earnings in the fourth quarter and revealed a full-year net loss. Also, Deutsche Bank downgraded Ford to sell from hold . Jim Cramer says if next quarter is more of the … Read more

View More Pro Picks: Watch all of Friday’s big stock calls on CNBC

Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008, the … Read more

View More Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021

Ford sold 91 million shares of EV startup Rivian last year

RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotive, according to the Detroit automaker’s annual report submitted to the Securities and Exchange … Read more

View More Ford sold 91 million shares of EV startup Rivian last year

The current job market is a ‘juggernaut,’ economist says. Here are 6 things to know as a job seeker

Thomas Barwick | Digitalvision | Getty Images 1. Unemployment is at historic lows The unemployment rate fell to 3.4% in January — the lowest since May 1969. Put another way: The last time the jobless rate was this low, Neil Armstrong hadn’t yet walked on the moon, Bunker said. In fact, you’d have to go … Read more

View More The current job market is a ‘juggernaut,’ economist says. Here are 6 things to know as a job seeker