Cramer: I’m skeptical about Lyft as a longer-term investment

Cramer: I’m skeptical about Lyft as a longer-term investment

Lyft, the ridesharing company set to hit public markets Friday, will be a good stock to buy in the short term but it has challenges in the long run, CNBC's Jim Cramer said Friday. "I think Lyft is exactly the kind of stock that can work in this slower growth environment, but you need to…
Amazon is aggressively blocking ads for unprofitable products as part of a plan to bolster its bottom line

Amazon is aggressively blocking ads for unprofitable products as part of a plan to...

Joshua Roberts | Reuters Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in Washington, U.S., September 13, 2018. As Amazon steps up its effort to show Wall Street it can generate profits, the e-commerce giant is aggressively blocking money-losing…
Samsung’s Galaxy Buds look less silly than Apple AirPods and are just as good

Samsung’s Galaxy Buds look less silly than Apple AirPods and are just as good

Samsung's Galaxy Buds are the company's take on Apple AirPods, and they're really good. There's a reason why Samsung continues to play in this market. Apple's AirPods have become incredibly successful since their launch in 2017. While they work with Android phones, the target audience has mostly been for Apple products, since they pair so…
CBD is booming. But US farmers struggle to keep up with demand for industrial hemp

CBD is booming. But US farmers struggle to keep up with demand for industrial...

People have been growing hemp illegally for years. Farmers have kept their operations quiet and developed their own techniques that are all a little different, said Christian Cypher, a senior vice president at Pyxus International who is leading the agriculture company's cannabis work. "Growing hemp has been more religion than science," he said. Most hemp…
Google payouts to execs accused of harassment were bigger than previously reported

Google payouts to execs accused of harassment were bigger than previously reported

Top executives at Google and an influential board committee approved $135 million in settlements to two former executives who had been accused of sexual harassment, providing more insight claims of a sexual harassment cover-up at the company that sparked widespread protests among Alphabet employees last year. The information was included in a newly unredacted complaint,…
New England Patriots tight end Rob Gronkowski retires from the NFL

New England Patriots tight end Rob Gronkowski retires from the NFL

Drew Rosenhaus, Gronkowski's agent, confirmed his client's decision to retire. The playmaking tight end, who turns 30 in May, leaves as a three-time Super Bowl champion who established himself as one of the most dominant players at his position and one of Tom Brady's favourite targets. His personality — on and off the field —…
Robert Kraft case reveals how police can secretly install cameras inside a private business

Robert Kraft case reveals how police can secretly install cameras inside a private business

One major concern, said Witmer-Rich, is that the warrants are at odds with the Fourth Amendment. That guarantees American citizens "the right of people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures." "Just the fact that the government is in your house, or in your business, and you…
Tesla shares opened down 5% after company unveils ‘underwhelming’ Model Y

Tesla shares opened down 5% after company unveils ‘underwhelming’ Model Y

CEO Elon Musk dove into one of the hottest segments in the automotive market with the long-awaited debut of the Model Y at its design studio in Los Angeles on Thursday night. "It's wild to think about, 11 years ago today we'd made literally one car. And a year from now we'll have made a…
This is the real $45 million NYC penthouse Axe lives in on ‘Billions’ — take a look inside

This is the real $45 million NYC penthouse Axe lives in on ‘Billions’ —...

The four-bedroom, 4.5-bathroom penthouse has 18-foot ceilings, two "sculptural" staircases, a chef's kitchen, three wood-burning fireplaces and "museum quality" polished concrete and teak floors, according to a Curbed New York story published when the apartment was listed in 2017. Joseph notes that there's a "beautiful" mezzanine that overlooks the massive, double-height living room, and the…
Pinterest’s IPO filing shows how dependent websites and apps have become on Google and Facebook

Pinterest’s IPO filing shows how dependent websites and apps have become on Google and...

Pinterest on Friday released its IPO prospectus, and the document shows just how much leverage Facebook and Google hold over internet companies. Like many websites and apps, Pinterest allows users to sign into its service using their Facebook and Google credentials. The company relies on traffic from Google's search engine and logins from Facebook, which…

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