Smith & Wesson owner American Outdoor Brands said on Wednesday Chief Executive Officer James Debney has left the company after the board found that he engaged in conduct “inconsistent with a non-financial company policy.” The company declined to provide more details on the policy that Debney had violated. He was set to lead the company after the spin-off of its Smith & Wesson firearms unit from its outdoor products and accessories business, a plan that was announced in November last year. The co

Lev Parnas, the indicted associate of Rudy Giuliani who has been implicated in an alleged attempt to pressure the Ukrainian government to dig up dirt on former Vice President Joe Biden and his son, says, “President Trump knew exactly what was going on.” I wouldn’t do anything without the consent of Rudy Giuliani or the president. Asked whether Trump specifically was aware that he and Giuliani were working on the effort in Ukraine specifically to hurt Joe Biden, Parnas said yes. It was never — it

“Star Wars: The Rise of Skywalker” has joined the billion-dollar club. On Tuesday, the ninth installment in the Skywalker Saga surpassed $1 billion at the global box office. “The Rise of Skywalker” is Disney’s seventh 2019 release to surpass this box office benchmark. In 2016, “Zootopia,” “Finding Dory,” “Captain America: Civil War” and “Rogue One: A Star Wars Story” all crossed that benchmark. One thing is clear, however, the future of “Star Wars” is bright.

The prestige of an Oscar nomination can give films an added boost the the box office, often called the “Oscar bump” or the “Oscar bounce.” For some films, their box office haul can double after receiving the Academy Award best picture nomination, as was the case for “Green Book,” “Call Me By Your Name” and “The Shape of Water.” “Phantom Thread” garnered a whopping 70% of its total gross following its best picture nomination two years ago. This could certainly be the case for “1917” and “Little W

2021 GMC Yukon Denali and AT4 Source: GMVAIL, Colo. — General Motors unveiled redesigned versions of its GMC Yukon and GMC Yukon XL SUVs Tuesday night in the snowy mountains of Colorado. Here are five things to know about the 2021 Yukon models, which are expected to begin arriving in U.S. dealerships this summer. GMC unveiled its next-generation 2021 Yukon, Yukon XL on Tuesday, Jan. 14, 2019 at an outdoor event near Vail, Colo. GM5. GM improved the ride even more for the 2021 Yukon SUVs. 2021 GM

Dow to open steady ahead of US-China trade deal signingA trader works as American flags are displayed on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Nov. 29, 2016. Oil slid below $46 as OPEC members failed to bridge differences on production cuts, while a rally in metals fizzled. Target said that same-store sales during November and December were up just 1.4%. Despite missing the overall sales mark during November and December, Target maintained its prior outlo

Researchers on Wednesday confirmed that 2019 was the second-hottest year ever, capping off the hottest decade in recorded history as the world continues to grapple with climate change. They found that global average surface temperatures in 2019 were almost 1 degree Celsius higher than the average from 1951 to 1980. “Unfortunately, we expect to see much extreme weather throughout 2020 and the coming decades, fueled by record levels of heat-trapping greenhouse gases in the atmosphere,” WMO Secreta

Peloton is well-positioned to dominate the at-home fitness category because there are few serious competitors, Wedbush analyst James Hardiman told CNBC on Wednesday. In that note Tuesday, Wedbush initiated coverage of Peloton with an outperform rating while placing a $37 price target on the stock. The only real threat to Peloton, Hardiman said, was SoulCycle, which has hinted at launching an at-home fitness bike of its own. The Wedbush analysts acknowledge the “considerable work” Peloton has to

Hold on tight because one top stock could be preparing to take off into earnings. It then took more than a year for the stock to recoup losses as worries over privacy and threat of regulation kept investors away. After a strong third quarter, Gordon anticipates continued growth from Facebook when it reports its fourth-quarter results later this month. A move to $235 implies 6% upside and would mark a new high. That’s a $10 spread that’s going to cost you about $3.11 so the difference would be yo

The pilots of a Delta Air Lines flight did not notify authorities before dumping fuel on a populated part of Los Angeles, including several elementary schools, when it made an emergency landing at the city’s airport, the Federal Aviation Administration said Wednesday. Dozens of people were treated for skin irritation, but no serious injuries were immediately reported. Flight 89, a Boeing 777, was en route to Shanghai from Los Angeles International Airport when it turned back because of an engine

Bottles of French wine are displayed for sale in a liquor store on December 3, 2019 in Arlington, Virginia. Though it’s not clear yet whether massive tariffs against French wine will take effect next month, Moore Brothers Wine Co. isn’t taking any chances. “It’s just really terrible,” said David Moore, a co-owner of the sprawling business. “But what we hope to do is make sure that we aren’t doubling prices overnight.” Though the U.S. and China have worked out a “phase one” deal of their respecti

“It’s clear Mr. Kennedy had a terrible customer experience with us. In letters to congressmen and senators who requested information from the bank about allegations in the article, the bank acknowledged several shortcomings. The article detailed racial discrimination experienced by a black J.P. Morgan employee and customer at branches in the Phoenix, Arizona area. J.P. Morgan Chase admitted to failures brought to light in a New York Times article last month and said it had taken a series of step

The S&P 500 at 3,500 would be 6.6% higher than Tuesday’s close. In his “Ten Surprises,” Wien wrote that volatility will increase and there will be “several market corrections greater than 5% throughout the year.” On “Squawk on the Street,” shortly before the U.S.-China signing of their initial trade deal, Wien said, “The phase one deal is without question a positive.” However, he said he does not expect a “phase two” deal before this year’s November presidential election. So far, about 30 compan

The look at the house reveals her personal touches – including her own personal “7-Eleven” room, a wet bar turned candy bar and a merch room filled with her branded products. Ari Afshar & Todd Greenwald of CompassSiwa’s foyer is lined with glass-encased mannequins dressed in her favorite outfits. Its JoJo Siwa on YouTubeAnd then there’s the room full of JoJo Siwa merchandise. Ari Afshar & Todd Greenwald of CompassBoth the living and dining rooms have access to the backyard. Ari Afshar & Todd Gre

Dow Jones Industrial Average rises 90 pointsThe Dow climbed 90.55 points, or 0.31%, to end the day at 29,030.22. Wall Street cheered stocks to record highs as China and the U.S. signed the much-anticipated phase one trade deal. Phase one finally in the booksPresident Donald Trump and Chinese Vice Premier Liu He signed a partial trade deal in Washington on Wednesday, which would boost Chinese purchases of U.S. products. The agreement also includes provisions to curb forced technology transfers al

Shares of XPO Logistics rose more than 15% in extended trading after the logistics company announced it was exploring structural changes, including spinoffs. “We continue to trade at well below the sum of our parts and at a significant discount to our pure-play peers. XPO generates the majority of its revenue through its transportation units, while 35% of sales come from the logistics unit, according to a recent presentation to investors. There is not a timetable for the review, and one or more

Thursday’s announcement will essentially close out phase one of the streaming era: product announcements and launch dates. Streaming services are theoretically future replacement products for pay TV — an anachronistic bundle of linear TV networks that cost somewhere between $60 and $100 per month. There’s strong evidence suggesting the general public has begun a movement away from traditional TV toward streaming. “When disruptive products enter a market, they typically are worse in some meaningf

A day with LA’s top real estate agentAaron Kirman knows how to close a deal: He’s sold about $6 billion worth of real estate over his 25-year career, making him the No. 1 agent in Los Angeles and among the top in the country. He routinely sells multi-million dollar properties, including one estate for a whopping $65 million, and on his new CNBC show, “Listing Impossible,” he helps stubborn homeowners sell their luxury real estate.

Aaron routinely sells multimillion-dollar properties, including one estate for a whopping $65 million, and on his new CNBC show, “Listing Impossible,” he helps homeowners sell their luxury real estate. He also runs the Aaron Kirman Group (AKG), a real estate team he started in 2017 that’s grown from seven agents at its inception to nearly 70 today. “There is no typical day in real estate,” he warns me when I arrive. Aaron Kirman real estate agent, star of CNBC’s “Listing Impossible”Aaron has a p

When Twitter and Square CEO and co-founder Jack Dorsey shared his rigorous “wellness” routine on a podcast in March, his habit of eating one meal a day, and sometimes going all weekend without eating, raised eyebrows. These days, Dorsey eats “seven meals every week, just dinner,” he told Wired in an interview posted on YouTube, which likely means Dorsey is no longer skipping food on weekends. Dorsey also told Wired he tries to meditate for two hours every single day. However Dorsey clarified to