Latest in CNBC

CNBC’s Jim Cramer again apologized for a remark he made to House Speaker Nancy Pelosi in an interview with her on Tuesday, when he referred to her as “crazy Nancy” before he quickly explained what he meant. “I made a very stupid comment,” Cramer said on Mad Money. “It was a tongue-in-cheek attempt to make a point…

Shepard Smith’s nightly CNBC newscast will premiere on Sept. 30, with Sanford Cannold as senior executive producer and Sally Ramirez as executive producer. The 7 PM program will broadcast from CNBC’s headquarters in Englewood Cliffs, NJ. The network announced in July that Smith would be joining the network, after 23…

In an interview with CNBC, WarnerMedia CEO Jason Kilar addressed the launch of HBO Max, conceded a “mistake” with HBO branding and comparing Max with Disney and NBCUniversal’s streaming efforts. Today’s interview (watch a large chunk of it above) was Kilar’s first since major layoffs hit WarnerMedia this week…

Abigail Disney, granddaughter of Walt Disney Co. co-founder Roy Disney, criticized the company’s decision to reopen its theme parks. “I'm confused about how they think they can possibly protect their guests and their employees," the Disney heiress said during an appearance Thursday on CNBC’s Squawk Box. "I certainly…

Shepard Smith is joining CNBC as anchor of an evening news program, ending speculation of his next plans after his departure from Fox News last year. The newscast, The News with Shepard Smith, will air Monday through Friday at 7pm ET, starting in the fall. Smith will be based at CNBC’s headquarters in Engelwood…

President Trump is at West Point this morning, addressing the 2020 graduating class of the US Miltary Academy, marking the first time he has spoken to cadets there. But before he left, he fired off a series of tweets, including two with a show business angle. The Commander-in-Tweet called CNN’s Chris Cuomo “a loser&#8221…

CNBC’s Andrew Ross Sorkin and Joe Kernen clashed on air Wednesday over the toll of the coronavirus, a fight unusual even for the standards of talking head-heavy cable news. Kernen had accused Sorkin of being “panicked” about COVID-19 and its fallout. “You panicked about the market, panicked about COVID, panicked about…

Quibi, the mobile streaming service from Jeffrey Katzenberg and Meg Whitman, saw 1.7 million downloads of its app in its first week of operation, Whitman said Monday. Whitman, appearing on CNBC and Fox Business this morning, said the number exceeded company expectations, noting that 80% of users who started watching a…

CNBC’s Rick Santelli apologized on Friday for suggesting that “maybe we’d be better off” if everyone were infected with the coronavirus because it would shorten the impact on the economy. “It was just a stupid thing to say. It is not appropriate in this instance, and we are resilient, both in the United States and in…

Michelle Caruso-Cabrera, an outspoken critic of government excess, has launched a campaign for the New York City Congressional seat held by Alexandria Ocasio-Cortez. The 2020 challenger will be running as a Democrat in the district, which stretches across the Bronx and Queens, though her political views position her…

Longtime business journalist Bill Griffeth is stepping away from daily news anchoring duties at CNBC, where he has worked for the past 28 years. Griffeth made the announcement Friday on Power Lunch, saying he will no longer continue to work full-time, and starting next month will serve as an anchor at large. The…

It is exactly the kind of result that Billions‘ Bobby Axelrod would like but not really appreciate. A federal judge has granted Showtime's motion to toss out a copyright infringement case from well-known performance coach Denise Shull against series creators Brian Koppelman, David Levien and Andrew Ross Sorkin, the…