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Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestos

Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestos

Walmart, CVS and Rite Aid are pulling Johnson & Johnson's baby powder from store shelves after the FDA found sub-trace levels of asbestos, the companies confirmed Thursday.

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Citi names Jane Fraser president, positioning her as possible successor to CEO Michael Corbat

Citi names Jane Fraser president, positioning her as possible successor to CEO Michael Corbat

Citi CEO Michael Corbat said he tapped Fraser for the the role to make sure the bank is well positioned for the next decade and beyond.

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Jeff Bezos lost about $7 billion on Thursday

Jeff Bezos lost about $7 billion on Thursday

Amazon reported third-quarter earnings Thursday that disappointed investors and sent Amazon stock spiraling down. For Bezos, that means an on-paper loss of around $7 billion, putting his status as...

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How to decipher stocks worth owning this earnings season, according to Jim Cramer

How to decipher stocks worth owning this earnings season, according to Jim Cramer

CNBC's Jim Cramer breaks down the "buckets [investors] need to be sorting" stocks into this earnings season as global growth slows.

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Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestos

Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestos

Walmart, CVS and Rite Aid are pulling Johnson & Johnson's baby powder from store shelves after the FDA found sub-trace levels of asbestos, the companies confirmed Thursday.

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Former Apple lawyer in charge of preventing insider trading indicted on insider trading charges

Former Apple lawyer in charge of preventing insider trading indicted on insider trading charges

Former Apple lawyer Gene Levoff was indicted on insider trading charges, the U.S. Attorney in New Jersey said in a press release on Thursday.

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Houston Astros fire assistant GM Taubman for taunting female reporters

Houston Astros fire assistant GM Taubman for taunting female reporters

The Houston Astros fired assistant general manager Brandon Taubman after initially denying claims he taunted female reporters about the signing of Roberto Osuna, a pitcher accused of domestic...

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Citi names Jane Fraser president, CEO of global consumer banking

Citi names Jane Fraser president, CEO of global consumer banking

Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images…

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Ford shares tumble nearly 7% as $11 billion restructuring hits bumps

Ford shares tumble nearly 7% as $11 billion restructuring hits bumps

Ford shares fell nearly 7% on Thursday, a sign investor patience is wearing thin as Hackett's turnaround plan slowly takes shape.

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SpaceX to test astronaut capsule next week, a critical milestone after April explosion

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

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