Starbucks revamps its loyalty program to provide members with more reward options

Ahead of its annual shareholders meeting Wednesday, Starbucks announced plans to revamp its North American loyalty program in a bid to keep growing its membership as it continues rolling out delivery. The U.S. and Canadian coffee markets have grown more competitive as rivals like Dunkin' Brands and McDonald's have been investing in their own java…

Marijuana grower Tilray shares surge after sales more than double

Shares of Tilray jumped after the company reported that its cannabis sales more than doubled over the last year. Tilray on Monday reported fourth-quarter revenue of $15.5 million, buoyed 2018 sales to $43.1 million — up 110 percent from last year. The surge was driven by bulk sales, the first months of the legal adult-use…

Elon Musk’s tweet about Tesla violates settlement agreement, US regulator says

Mike Blake | Reuters SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Chief Executive Elon Musk has…

K-pop sex scandals are crushing Korean entertainment stocks

Two sex scandals that rocked the South Korean music world have crushed the country's entertainment stocks as police investigate the involvement of celebrities in alleged criminal conduct. K-pop artist Seungri (real name Lee Seung-hyun), who was part of hugely popular boy band Big Bang, has been accused of providing prostitutes to investors in a club…

White House trumpets Trump’s economic policies, warns against ‘Medicare for All’ and wealth tax

The White House laid out its case against progressive programs like "Medicare for All" and a wealth tax, while touting the projected benefits of its own economic agenda in a new report published Tuesday. The White House Council of Economic Advisors made its case in the Economic Report of the President, which detailed the executive…

Boeing CEO restates ‘relentless commitment’ to safety

Boeing CEO Dennis Muilenburg restated the aircraft maker's commitment to safety on Monday night, as concerns grow about the second deadly crash of the manufacturer's top selling Boeing 737 Max planes in less than five months. The executive said that Boeing will maintain its "relentless commitment to make safe airplanes even safer." "We also understand…

Apple’s groundbreaking heart study signals a new era of medicine, and doctors are debating...

Not all the results have been published. But the researchers shared that of the approximately 419,000 people who participated in the study, about 0.5 percent received a notification about an irregular heartbeat. Stanford Medicine's principal investigator, Mintu Turakhia, pointed to that statistic to CNBC as an "important finding," as cardiologists have expressed concern that the…

Biotech’s shares tumble after it says SEC is looking into possible manipulation

A biotech company that makes a product to repair skin loss said Monday it is under investigation by the Securities and Exchange Commission, which sent a subpoena earlier this month and opened an investigation into its public disclosures and ownership. Shares of Salt Lake City-based PolarityTE closed down more than 15 percent on the disclosure.…

Experts push back on Trump-touted poll that shows 50% of Americans calling Mueller probe...

President Donald Trump on Monday touted poll results that appeared to show more Americans than ever siding with his oft-repeated accusation that special counsel Robert Mueller's Russia probe is nothing more than a "witch hunt." But some polling experts took issue with the phrasing of the survey question, saying it may have skewed the results.…

Stocks making the biggest moves after hours: Tilray, Del Taco Restaurants and more

Check out the companies making headlines after the bell: Shares of Tilray were up more than 2 percent in extended trading Monday following the release of the Canadian cannabis company's fourth-quarter earnings. Tilray reported a loss of 33 cents on revenue of $15.5 million. Wall Street estimated revenue of $14.1 million. Brendan Kennedy, President and…

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