National Center for Immunization and Respiratory Diseases Director Nancy Messonnier speaks during a press conference today at the Department of Health and Human Services on the coordinated public health response to the 2019 coronavirus (2019-nCoV), January 28, 2020 in Washington, DC. U.S. health officials will monitor people with flu-like symptoms for the coronavirus in five cities, the Centers for Disease Control and Prevention said Friday. The plan, Messonnier said, is to provide facilities ac

Talks to sell L Brands’ Victoria’s Secret brand to private equity firm Sycamore Partners will spill into next week, as the complex deal structure creates headaches for its advisors, people familiar with the situation said. L Brands had hoped to complete a deal by the end of this week, people familiar with the situation previously said. Sycamore is simultaneously exploring an acquisition of L Brands’ Victoria’s Secret brand and, separately, a private investment in public equity, or PIPE, into L B

Chase Coleman and his Tiger Global hedge fund added positions in PayPal and Alphabet and raised their position in Slack last quarter, continuing a history of big bets on technology companies. Coleman is a protégé of legendary investor Julian Robertson, who closed his Tiger Management fund in 2000 and gave Coleman $25 million to strike out on his own. Coleman has made his name as a growth investor, specifically with tech stocks. The fund, which also has a large private equity company, gained 33%

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc(This story is for CNBC Pro subscribers only.) Warren Buffett’s Berkshire Hathaway revealed it owned 18.9 million shares of Kroger at the end of the fourth quarter, sending shares of the grocery story surging in after-hours trading. Here’s what else the Oracle of Omaha is betting on:

(This story is for CNBC Pro subscribers only.) We are getting a look at the latest picks from hedge fund manager Bill Ackman, who made a killing recently from his bet on Starbucks. Last year was a comeback year for his hedge fund Pershing Square, with a total shareholder return of more than 50%. Pershing has about $8.6 billion in assets under management as of 2019. Here’s what the investor is betting on now…

David Einhorn speaking at the SOHN conference in New York, May 6, 2019. Greenlight Capital’s David Einhorn took some money off the table in several positions last quarter, reducing his long bets on stocks by $25 million even as the market rose. Einhorn has made his name as a short-seller, winning big bets against companies like Enron and Lehman Brothers. Last month Einhorn revealed that he had taken a short position against Netflix, saying the streaming video company’s story was “busted.” Einhor

After years of failed endeavors and experiencing setback after setback, Mark Cuban sold his first company, MicroSolutions, for $6 million in 1990. He even tried to get on the big screen: “I auditioned for the movie ‘Twister’ and got a callback.” Cuban, who was trying out to be the character Dusty, an enthusiastic storm chaser, ended up getting a second callback for the 1996 drama. Hoffman, who would go on to be nominated for four Academy Awards throughout his career, was “mis-cast,” Cuban joked.

And “I have a third comment,” the billionaire investor continued: “Never underestimate the man who overestimates himself. I think Elon Musk is peculiar and he may overestimate himself, but he may not be wrong all the time.” At the Daily Journal’s 2019 shareholder meeting, Munger shared similar thoughts, but also said that he personally would not hire Musk. Buffett is worth $89 billion, the index shows, and Munger is worth $2 billion, according to Forbes. With Friday’s Tesla announcement, Musk pl

White House considering incentives to spur stock buying: SourcesAs part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest in the stock market, according to four senior administration officials familiar with the discussions. CNBC’s Kayla Tausche reports.

T. Rowe Price’s investment in WeWork is their fault: Walter IsaacsonCNBC’s “Closing Bell” team discusses the problems plaguing WeWork with Walter Isaacson, advisory partner at Perella Weinberg and CNBC contributor, and Mike Isaac, technology reporter with The New York Times.

Wall Street trading is on the decline—Here’s what killed itWall Street trading used to happen on the phone or in person in the packed trading pits at Chicago Mercantile Exchange, New York Stock Exchange or London Stock Exchange. Today, trading requires less people thanks to new technology. Here’s what led to the decline of traders on Wall Street.

Walmart is set to report fourth quarter earnings on Tuesday before the market opens. The Street is expecting the big-box retailer to earn $1.44 per share on $142.54 billion in revenue, according to estimates from FactSet. This represents 2.7% year-over-year revenue growth, and would be 11.4% higher than the $127.99 billion Walmart earned in the prior quarter. Investors will be watching the retailer’s report closely, since it will include sales from the all-important holiday season. In January co

“It does feel as though the market thinks the worst is over,” said Ed Keon, chief investment strategist at QMA. Nvidia said it would take a $100 million hit from the virus, but its revenue forecast was still above expectations. Resilient marketEven with the negative news and doubts about the virus, analysts say the market has the momentum to move higher. But Robert Sluymer, technical analyst with Fundstrat, said the market may stay range bound for awhile until there’s more clarity on the virus.

While most management teams that have warned of a revenue hit said they don’t expect any impact to full-year figures, many expect a drag in the first quarter. Nearly one in five S&P 500 companies have said China’s virulent coronavirus will impact their revenues or profits, underscoring the far-reaching toll the disease is expected to take on businesses around the world. “We also expect that there will be an impact on future bookings in China, especially in the immediate aftermath of the illness.

Her comments come after the Justice Department brought new charges against Huawei, accusing it of racketeering and plotting to steal trade secrets from U.S. companies. Pelosi’s hard stance against Huawei represents one of her few areas of agreement with President Donald Trump. The Trump administration is working to isolate Huawei from developing a larger foothold in U.S. partner countries. Last month, the Trump administration expressed disappointment after the U.K. announced it would allow Huawe

Thomas Kurian, the incoming head of Google Cloud and formerly president of product development at Oracle, speaks at the Oracle OpenWorld conference in San Francisco on Sept. 24, 2013. Google is restructuring its Cloud group internally, which will include eliminating some roles, a Google spokesperson confirmed to CNBC. “We made the difficult, but necessary decision to notify a small number of employees that their roles will be eliminated.” The restructuring comes as CEO Thomas Kurian has been at

The proposal, one of many new tax cuts under consideration, would see a portion of household income treated as tax-free for the purposes of investing outside a traditional 401(k). “Nothing’s ruled out,” said one senior administration official. The White House publicly has been pointing to the package as a new shot of adrenaline in an economy whose growth shows signs of slowing 10 years into an expansion. A payroll tax cut would become an option only if the economy experienced significant decline

Overall, these fan editors did a colossal job entering and illustrating some 1,500 players with a DualShock 4 controller. Sony San Diego announced this week that, for the first time ever, the game will feature fully named, fully licensed minor league rosters. Official minor league rosters, using the real players, under their real names, haven’t been possible in the past because of licensing restrictions. It so happens that RidinRosters, real name Scott Spindler, and his cohort pitched in on the

Mobile trivia app HQ Trivia is shutting down, according to a report from CNN. The live trivia app, developed by Vine creators Colin Kroll and Rus Yuzupov, was fairly popular when it launched in 2017, promising players real money for using the app, and answering questions at a specific time twice a day. The app reached a record high in users at 2.38 million on March 28, 2018. HQ continued to update the app and look for interesting ways to keep trivia heads interested in playing, like HQ After Dar

Adrian Peterson is heading to arbitration against Morgan Stanley Wealth Management over an investment dispute, the latest entry in a series of financial issues for the 34-year-old NFL star. Brokerage houses and investment advisors often have clients agree to private arbitration to resolve disagreements. Peterson reportedly has earned more than $100 million over the course of 12 years with the NFL. He is representing Peterson, along with Sam Edwards and Ryan Cook of Shepherd Smith Edwards & Kanta