Chinese companies will continue to face intense scrutiny as U.S.-China tensions and competition won’t be easing anytime soon, one analyst told CNBC. “There is this intense geopolitical competition. Chinese companies are getting a ton of scrutiny in part because of their ties to the Chinese Communist Party,” said Lindsay Gorman, …

Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Tuesday, Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Alibaba climbed 15% at the open on Tuesday after the company announced in a significant overhaul to split the tech giant into six business …

Stocks that rallied Tuesday in response to “less than stellar” quarterly reports could bode well for earnings season, CNBC’s Jim Cramer said. Cramer pointed to three companies that reported within the last 24 hours as examples: Spice company McCormick, Calvin Klein and Tommy Hilfiger parent company PVH and Walgreens. All …

A Google sign is pictured during the company’s presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, August 31, 2021. Annegret Hilse | Reuters Google should be sanctioned for failing to preserve chat messages between employees related to an antitrust case brought by Epic …

Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Chad Rubin was looking for a way to spice up his Amazon listing for a vacuum hose. He was struggling …

Bob Iger, CEO, Disney, during CNBC interview, Feb. 9, 2023. Randy Shropshire | CNBC Disney is cutting its metaverse division as part of the layoffs set to begin this week, CNBC has confirmed. Disney, like most companies in 2021, hopped on the metaverse hype train after Facebook changed its name …

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Lululemon on Tuesday reported strong holiday-quarter sales, suggesting wealthier shoppers are still purchasing yoga pants and tops despite rising prices for essential goods. The company also issued upbeat guidance for …

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Windows 10 Devices event in New York on Oct. 6, 2015. Microsoft Corp. introduced its first-ever laptop, three Lumia phones and a Surface Pro 4 tablet, the first indication of the company’s revamped hardware strategy three months after saying …

Tax procrastination happens. But if you’re still missing key forms or feeling overwhelmed, you can buy more time by filing a free tax extension. Nearly one-third of Americans procrastinate with their taxes, the top reasons being complexity and stress, according to a recent survey from IPX 1031. You can avoid …

Dear listeners, A few days ago, I was buried up to my neck in volcanic sand. Literally, and by choice! My sister and I spent a very restorative weekend at a spa, to celebrate her upcoming wedding and to shake off a winter that had been a challenge for each …