Ivanka Trump told CNBC on Wednesday the American economy under her father’s leadership has helped deliver unprecedented success to women in the workforce. Ivanka Trump also noted women accounted for more of the workforce than men for only the second time in U.S. history, pointing to Labor Department figures released in January. Also Wednesday, Ivanka Trump announced that Sens. In the 12 months since the initiative launched, an estimated 12 million women in the developing world have been impacted

The stock market is not really worried about Sen. Bernie Sanders’ rise in the Democratic primary, private equity billionaire David Rubenstein told CNBC on Wednesday. But at the moment, Rubenstein said the Vermont senator is not being viewed as a strong threat to unseat President Donald Trump in November, should Sanders win the Democratic nomination. Sanders narrowly won the Democratic primary in New Hampshire on Tuesday night, edging out former South Bend, Indiana, Mayor Pete Buttigieg and Minne

“That is the example where direct-to-consumer is no longer a fad,” Finkelstein said in a “Mad Money” interview. Direct-to-consumer has emerged as a key retail strategy in the age of online shopping, where brands eliminate the middleman and engage directly with consumers. With 2019 earnings coming in at 46 cents per share, Shopify has turned a profit three years in a row. “I think Shopify is powering the entrepreneurship movement.” Shopify shares popped as much as 20% off its earnings report Wedn

We’re willing to give you Alibaba, [but] we’re not going to give you anything else. They’re going nowhere fast.” Enterprise Products: “It is the best of the lot, but I don’t like to recommend fossil fuels or pipelines. They are going — they’re history. There’s not a lot of stock around.

CNBC’s Jim Cramer said Wall Street is awarding companies, like Carnival, who have made outlook adjustments to account for the impact of the novel coronavirus on business. The “Mad Money” host sat down with Shopify COO Harley Finkelstein to get a read on the e-commerce company coming off its strong fourth-quarter earnings report. Carnival cuts, risesMembers of media gather at the Diamond Princess cruise ship, operated by Carnival Corp., docked in Yokohama, Japan, on Friday, Feb. 7, 2020. Wall Str

An American couple who vacationed on the now-quarantined Diamond Princess cruise ship together could be at risk of returning home alone. “I didn’t know what to do. I didn’t know what to say,” said Rebecca, explaining that she had a minor cough but no fever. “We didn’t have a goodbye kiss just ’cause we didn’t really know what was going on,” Kent said in a separate video call with CNBC. The Frasures were two of 3,700 people on board the Princess Cruise ship, a subsidiary of Carnival Corp., that w

President Donald Trump is expected to attend a campaign fundraising event at Oracle Chairman Larry Ellison’s California estate next week, the Desert Sun reported Wednesday. The event is set to take place at Ellison’s Rancho Mirage estate on Feb. 19, which is less than two weeks before the Super Tuesday primary election, which includes California’s primary. According to an invitation posted on the newspaper’s website, the event will include a golf outing at Ellison’s Porcupine Creek home. Support

Kellogg’s Incogmeato line will introduce meatless pork products this summer, following the lead of Impossible Foods and Beyond Meat. Ahead of the March launch for the burgers, Ingcogmeato unveiled two new products: bratwurst and Italian sausage. Like the Incogmeato burgers, the bratwurst and sausage will be found in grocery stores alongside the products they’re imitating. Incogmeato also plans to offer imitations of chicken nuggets and tenders but has not provided more detail on their release da

Wilson shared the petition a day after a woman who tested positive for the coronavirus was mistakenly released from UC San Diego Medical Center. The petition, already signed by several evacuees from Wuhan, China, has a cover page that reads, “Suggestion Letter to CDC. We have since worked closely with the CDC to protect patient privacy while ensuring that labeling matches at all facilities.” The confusion surrounding the release of the woman who tested positive stemmed from the mislabeling of te

Chairman of the Iowa Democratic Party Troy Price exits the stage after speaking about the technical issues that delayed the Iowa Democratic caucuses results during a news conference at the Iowa Events Center on February 4, 2020 in Des Moines, Iowa. The Iowa Democratic Party chairman is stepping down from his position, he announced on Wednesday, eight days after the Iowa caucuses became a national fiasco for the Democrats. As chair of this party, I am deeply sorry for what happened and bear the r

Kohl’s is laying off 250 people as it restructures parts of its business following a dismal holiday season. The changes will help Kohl’s streamline communications and eliminate the overlap of management positions, Kohl’s senior vice president of communications, Jen Johnson, said in an emailed statement. As part of the job cuts, Kohl’s is getting rid of a layer of regional store leadership roles and restructuring teams in its merchant organization. Kohl’s same-store sales declined 0.2% during Nov

He dismissed the “folklore” that anytime Amazon launches a new business, it’s automatically going to kill all the competition in those areas. He was referring to retail and technology infrastructure. For example, in health care Amazon acquired online pharmacy PillPack in 2018, putting it in competition with CVS and Walgreens, and has launched a virtual health clinic for employees that could be expanded in the future. Amazon’s expansion deeper into retail, pharmacy and groceries, with the Whole F

“The killing fields at YouTube, it certainly wasn’t Google. Universal Music Group, Warner Music and Sony Music did not immediately respond to CNBC’s request for comment. “They were the killers, Google was the savior,” said Moritz, whose firm had a reported 30 percent stake in YouTube at the time of the sale. “Which is why YouTube today thrills, entertains, amuses and diverts hundreds of millions of customers around the world. Moritz made the statements at a public workshop on venture capital and

What do you gift a billionaire who has it all for Valentine’s Day? That’s what one Twitter user recently asked Dallas Mavericks owner and “Shark Tank” star Mark Cuban. A little kindness, I think that’s what I want for Valentine’s Day.” Nice sells,” Cuban told Vanity Fair in a 2018 interview with the “Shark Tank” cast. “Early on in my career, I was like bam, bam, bam, bam, bam — I might curse.

On Tuesday, The Home Depot announced plans to hire 80,000 people for their busy spring season. And they’re offering to pay some of workers’ school expenses, to encourage them to take the jobs. The program provides part-time hourly employees $1,500 for educational expenses on their first day, $3,000 to full-time hourly employees and $5,000 for salaried employees. In a tight labor market, The Home Depot uses benefits like this to attract new employees, Harvey says. “For young people facing rising

As a mom to one daughter, 24-year-old Abigail Klobuchar Bessler, the senator often credits motherhood with helping to jump start her career in politics. After finishing in fifth place in the Iowa caucuses earlier this month, Klobuchar solidified her place as a top-tier candidate in the New Hampshire primary. Trailing only behind Sen. Bernie Sanders and South Bend, Indiana, Mayor Pete Buttigieg, Klobuchar came in third place . Though her daughter remained in intensive care for an extended period

Watch CNBC’s full interview with Goldman Sachs CEO David SolomonGoldman Sachs CEO David Solomon joins CNBC’s “Closing Bell” for an exclusive interview with Deirdre Bosa.

Jim Cramer breaks down Wall Street’s reaction to coronavirus updates, New Hampshire primaryWall Street is “blessing any company that spells out its China losses,” CNBC’s Jim Cramer says.

SAM YEH | AFP | Getty ImagesHere are the most important things to know about Wednesday before you hit the door. PepsiCo earningsPepsiCo is on deck to report earnings before the bell on Thursday. Nvidia also reportsNvidia is scheduled to report earnings after the bell on Thursday. The chipmaker’s stock is trading near its record ahead of the earnings, pushing the semiconductor industry to all-time highs. The VanEck Vectors Semiconductor ETF climbed more than 6% this year, boosted by a 15% jump in

Applied Materials –The semiconductor company’s stock rose 3% in extended trading after the company reported strong first-quarter results that beat analysts’ estimates. Applied Materials earned 98 cents per share excluding some items, which was 5 cents a share above estimates, according to Refinitiv. The company reported revenue of $4.16 billion while analysts expected $4.11 billion, according to Refinitiv. NetApp – The cloud data services and data management company’s stock plummeted 12% in exte