Axon Enterprise: “Nothing’s immunized from the coronavirus, but you know I like Axon … Amcor: “Simple packaging company. I like simple packaging companies. I don’t think it should have. Match Group: “I don’t know.

Mastercard President and CEO Ajay Banga told CNBC Tuesday that he has led the company for more than a decade and that it is time to pass the baton. “Knowing when to step aside is as important as knowing when to drive.” Banga endorsed the incoming CEO for his understanding of the payments industry, geographies and the company culture. He told Cramer about his plans to continue expanding Mastercard beyond card payments into mobile wallets, push payments, business-to-business transactions and more.

Traders work on the floor of the New York Stock Exchange (NYSE) on February 07, 2020 in New York City. The S&P 500 has plunged more than 3% in each of the last two days as investors react to the coronavirus’ continued spread outside of China. The fall has has resulted in 64% of stocks in the index trading in correction levels, or 10% below 52-week highs. More than 120 stocks in the index are now trading in bear market territory, at 20% below 52-week highs. The 20 stocks furthest in bear market t

After Mike Bloomberg took a beating in his first appearance on a Democratic debate stage for alleged harassment and non-disclosure agreements at Bloomberg LP, the company he founded is ramping up its sexual harassment training. In a memo sent to employees on Tuesday afternoon, ahead of Bloomberg’s second debate appearance, the company underlined its “zero tolerance” policy for harassment, while announcing a new mandatory program to prevent harassment. The program comes on top of existing harassm

CNBC’s Jim Cramer warned investors that the coronavirus’ impact on businesses have yet to be priced into the market. The “Mad Money” host sat down with outgoing CEO Ajay Banga, who plans to pass the baton to Chief Product Officer Michael Miebach in 2021. Later in the show, he broke down what the recent stock action in Intel and Caterpillar says about their industries and the broader market. Mastercard shakeupMichael Miebach, left, and CEO Ajay Banga of Mastercard with Jim Cramer on CNBC’s Mad Mo

Democratic presidential candidate Sen. Bernie Sanders (I-VT) speaks during the Democratic presidential primary debate at the Charleston Gaillard Center on February 25, 2020 in Charleston, South Carolina. “I will win South Carolina,” Biden said in response to a question asking if he’d end his candidacy if he doesn’t get the votes. The former vice president touted his record in South Carolina with the black community, saying he has “created jobs for people. But folks, I intend to win South Carolin

The coronavirus-driven market sell-off knocked hundreds of stocks from their recent highs but Wall Street is still betting on a handful of names at correction levels that can recover and rally from here.

Trader Peter Tuchman works on the floor of the New York Stock Exchange, Monday, Jan. 27, 2020. (This story is for CNBC Pro subscribers only.) While the S&P 500’s worst two-day rout in more than four years knocked stocks off their record highs, some are holding up better than others. Here are the stocks with the most resilience during the turmoil.

The share price of Tesla dropped more than $100 in just two days amid a broader market sell-off fueled by coronavirus concerns. Distinct from its not yet complete “Full Self-Driving” system, Autopilot includes features like traffic-aware cruise control (TACC) and Autosteer, which is meant to keep a driver’s car in its lane while traveling on the highway. The NTSB said Autopilot inadequacies were one factor that led to a fatal Model X crash outside of Mountain View, California in 2018. In that cr

The president has reportedly cautioned aides against forecasting the impact of the virus over fears that stocks could fall further, The Washington Post said. President Donald Trump is reportedly furious that stocks are plunging, believing that health officials’ warnings have spooked investors, The Washington Post reported Tuesday night, citing two people familiar with the president’s thinking. On Monday the president tweeted that the coronavirus is “very much under control in the USA” and that t

Atta Kenare | AFP | Getty ImagesDUBAI, United Arab Emirates — Iran’s health ministry on Tuesday confirmed 15 deaths from the coronavirus, the most fatalities of any country outside of China, where the deadly illness originated. And Iran’s deputy health minister, Iraj Harirchi, has tested positive for the virus after downplaying outbreak concerns just days prior. Lebanon, the United Arab Emirates, Bahrain, and even Canada have reported cases they say stemmed from Iran. Some 30,000 people reported

Comcast announced Tuesday it has agreed to acquire Xumo, an advertising-supported free streaming service that comes pre-installed on smart televisions. Comcast can use Xumo’s prime placement on smart TVs to market or showcase Xfinity and other Comcast services and can use its technology to build future streaming products. Comcast is looking to enhance its profitable broadband service by appealing to cord cutters who are eliminating video service. An ad-supported free video service could appeal t

Although it might seem like yet another partnership between Big Tech and pharma, there are at least three reasons why this study is a big deal and an unprecedented move for both companies. Or they’ll be given the Apple Watch, either as a loaner device or at a heavily subsidized price of $49 plus tax. That’s a heavy discount from the $399 Apple Watch Series 5, and both companies are contributing to offer the discount. Pharma, tech and retailThe study involves a collaboration between Johnson & Joh

An employee drives a Tesla Motors Inc. Model S electric automobile, equipped with Autopilot hardware and software, hands-free on a highway. A vice chairman for NTSB, Bruce Landsberg, called Tesla’s Autosteer “completely inadequate,” during the hearing. Sumwalt also said that his office had reached out to six automakers in 2017 with recommendations to improve the safety of their semi-autonomous driving systems. The agency, which investigates accidents and can make safety recommendations, asks aut

In fact, the average family spends over $11,000 to utilize a child care center to watch their infant, about $10,000 for toddlers and over $9,000 for four-year-olds, according to Child Care Aware of America’s 2019 report. Child care costs have also been growing twice as fast as overall inflation in the U.S since the 1990s. Bloomberg stops short of guaranteeing free, universal pre-K and child care for children under the age of three. To support her child care plan, Klobuchar would raise the corpor

Stone’s lawyers are arguing that Hart’s alleged “misconduct” tainted the trial of the Republican operative. Stone’s lawyers argued that Hart lied on her jury questionnaire when she said she was unsure if she had ever posted anything on social media about Stone. One of Stone’s lawyers asked her about a tweet she wrote before Stone’s arrest referring to the rapper Chuck D of the hip-hop group Public Enemy. Even as the hearing got underway, Trump again tweeted about Hart, writing, “There has rarely

Democratic presidential candidate, former New York City mayor Mike Bloomberg speaks to supporters at a rally on February 20, 2020 in Salt Lake City, Utah. Mike Bloomberg has spent a ton of his own money running for the Democratic presidential nomination, but he hasn’t been able to stop the deluge of recordings of his past controversial remarks from hitting social media. The recordings have emerged as his presidential campaign grew in stature, fueled by his vast personal fortune. Some have resurf

Factories in China are the center of the electronics industry’s supply chain, and manufacturers are increasingly worried that disruptions linked to the COVID-19 coronavirus could delay production for weeks. On average, manufacturers surveyed by IPC have been told to expect three-week delays from their suppliers, but privately expect longer delays, the trade group said. The average expectation was five weeks, and some companies expect delays longer than nine weeks. Even if manufacturing is done i

The National Institutes of Health has been working with biotech company Moderna to develop a vaccine using the current strain of the coronavirus. Human trials testing a potential vaccine for the COVID-19 coronavirus are expected to begin in six weeks, U.S. health officials announced Tuesday. U.S. health officials are fast-tracking work on a coronavirus vaccine. Local authorities in China have using Gilead Sciences’ antiviral drug Remdesivir, which was tested as a possible treatment during the Eb

Zhuying Hua, 40, of Rockville, Maryland is concerned about coronavirus and wears a mask while shopping. There are now 57 confirmed cases of the virus in the U.S., Health and Human Services Secretary Alex Azar said Tuesday. “It is very dangerous to make predictions with a virus, especially a novel virus,” Azar said. While COVID-19 is contained in the U.S. so far, CDC officials said earlier Tuesday that the public needs to prepare for an eventual outbreak here. “We must use this time to continue t