Auto parts retailer AutoZone is one of the lucky, or clever, retailers that has managed to fend off attacks from e-commerce giants such as Amazon. Shares of AutoZone have risen by roughly 40% in the last 12 months, closing at $1,166 a share on Thursday. By comparison, Amazon and Walmart’s shares have risen by about 14% and 18%, respectively, over the last 12 months. AutoZone has helped boost its stock price, in part, by buying back its own stock for nearly two decades. In recent years, the compa

“I was just so good at flute,” Lizzo told Rolling Stone on Tuesday. “I was sad and disappointed in myself, because I’d always been so advanced in school, the golden child,” Lizzo told Texas Music Magazine in October. “That was my home for a little,” Lizzo told “CBS This Morning” on Monday. “Prince was the first person to really make me feel validated as an artist when I heard that track,” Lizzo told NPR in June. She put the paycheck toward three months of her rent, and splurged on a laptop, she

Postal Service than any other brand, but they trust tech giants Amazon and Google more than teachers, the police or even Oprah Winfrey. The USPS topped the rankings, as the study found that 42% of Americans trust the postal service “a lot.” However, when Morning Consult asked people why they trust the USPS, the most common responses said the postal service is “reliable” and “they always deliver the mail no matter the weather.” 2 most trusted brand (42%) among millennials. Overall, the second mos

KeyBanc raised its price target on Alphabet to a Street high and said the company’s growth prospects remain excellent. Rosenblatt raised its price target on Apple but kept its sell rating on the stock and said expectations for the 5G cycle were too high. “Expectations for the 5G upgrade cycle in 2020 being too high. We believe the higher prices for 5G smartphones and 5G services will slow the upgrade cycle. New services, such as music, news, streaming, TV, being regional services compared to glo

“First and foremost, I want to say that we do have confirmed fatalities in this case, at least two confirmed fatalities,” Houston Police Chief Art Acevedo said at a press briefing. Aerial video showed the shredded and collapsed wreckage of the Watson Grinding and Manufacturing building smoldering but no longer flaming, along with widespread damage to area homes and businesses from the force of the blast. Harris County Sheriff Ed Gonzalez said the blast was felt as far away as 14 miles (22 km), b

Donald TrumpPresident Donald Trump speaks during a CNBC Exclusive interview at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Angela MerkelGerman Chancellor Angela Merkel delivers a speech during the World Economic Forum (WEF) annual meeting in Davos, on January 23, 2020. Wilbur RossUnited States Secretary of Commerce Wilbur Ross attends during the World Economic Forum in Davos, Switzerland, on January 22, 2020. Jamie DimonJamie Dimon, CEO of JP Morgan Chase, appears on CNBC’

General Electric shares have raced nearly 30% higher during the past three months, topping the XLI industrials ETF over that stretch, as its turnaround efforts take root. “GE is the ultimate show-me story, and we’re beyond hope. Petrides says a pickup in the global economy could help bolster GE’s bull case. So, the U.S. consumer has been holding the global economy up, and there’s hope because the ‘phase one’ deal with China was struck. That’s going to help the industrial economy out, we need to

Alex Reading, 29, and Abhi Sanka, 25 were complete strangers when they each toured a five-bedroom home in Arlington, Virginia, a little over a year ago. But they decided to move in together, along with three other complete strangers. The ads were from Bungalow, a barely 3-year-old co-living company that rents private bedrooms in large suburban and urban homes. “It’s much more around helping people find great individuals to live with. What’s better than having great individuals that you live with

10:44 am: Flight to gold amid coronavirus fearsGold prices climbed on Friday as fears around the Chinese coronavirus spurred safe-haven demand. McDonald’s stock was little changed.— Bursztynsky10:17 am: Blame coronavirus for stocks turning negativeAirlines and hotel stocks are leading the market lower after the confirmation of a second U.S. Coronavirus case. — Li9:41 am: Intel, Netflix among early winners, but internals weakGlancing at the market board, Intel is leading the tech sector higher. S

Legendary investor Bill Miller more than doubled his money last year, as his fund gained 119.5% net of fees. Miller founded his firm, Miller Value Partners, and it had $2.6 billion in assets under management at the end of December. Even after a big year for his portfolio and for stocks overall, Miller told his investors in a letter last week that he expects stocks to rise again in 2020. The latest securities filing for Miller Value Partners was released in November, but Miller told his investors

Democratic House impeachment managers are expected to argue Friday that President Donald Trump obstructed Congress’ investigation into his dealings with Ukraine. It’s the final day for the seven House managers, led by Intelligence Chairman Adam Schiff, D-Calif., to state their case that Trump should be convicted and removed from office. They are expected to start Saturday — a time slot that Trump grumbled about on Twitter as “Death Valley in T.V.” Senators, who are required to remain silent duri

Former FDA Commissioner Scott Gottlieb told CNBC on Friday the fast-spreading coronavirus outbreak in China is likely more contagious but less severe than the SARS epidemic that rattled markets in 2003 and slowed global economic growth. The total number of coronavirus cases in China rose to over 900, with 26 deaths. Gottlieb told CNBC that in comparison with SARS, this appears to be more contagious and less severe. At the time, World Health Organization officials said it was less infectious than

A security official stands guard as an ambulance arrives with a patient to the Infectious Disease Centre of Princess Margaret Hospital on January 22, 2020 in Hong Kong, China. The fatal flu-like coronavirus spreading quickly throughout Asia has now killed at least 26 people and sickened more than 900 worldwide, China state media said Friday. U.S. health officials began screening passengers flying from China at major international airports over the weekend, and confirmed the country’s first case

Not since sock puppet mania of the dot-com bubble has Intel’s stock traded at such a lofty price. But even with its stock price at the highest in almost two decades, there’s plenty of reason to be cautious. “Intel is giving us mixed signals,” said Hans Mosesmann, an analyst at Rosenblatt Securities who recommends selling Intel shares and buying AMD. Revenue of $20.21 billion beat the $19.23 billion average estimate. Intel is forecasting first-quarter earnings of $1.30 per share and revenue of $1

U.S. health officials said they diagnosed a second patient with the China coronavirus after a Chicago woman returned from Wuhan with the infection, and they are currently monitoring 63 other potential cases here. Officials said the patient, a woman in her 60s, is currently doing well and is in stable condition. She remains isolated in a hospital as a precaution, U.S. health officials said. U.S. health officials warned Friday that the flu or other respiratory illnesses could complicate identifyin

The project will involve the modification of Eidesvik Offshore’s “Viking Energy” ship. The vessel has been used by Norwegian energy major Equinor for 17 years. “The goal is to install fuel cell modules with a total power of 2 MW (megawatts) on board Viking Energy in 2024,” he added. “This will make the vessel the world’s first emission-free supply vessel.” In its own statement, Equinor explained that the vessel would take supplies to installations located on the Norwegian Continental Shelf.

Deutsche Bank on Friday appointed former German government minister Sigmar Gabriel, regarded as a proponent of strong European and transatlantic ties, to its supervisory board. Gabriel has served as foreign minister, economy minister and environment minister. Deutsche Bank’s chairman Paul Achleitner proposed Gabriel for the post, two people with knowledge of the matter said, speaking on condition of anonymity. Achleitner described Gabriel as a “dedicated proponent” of Europe and transatlantic re

Travelers wearing face masks stand in line inside the departure hall at West Kowloon Station, operated by MTR Corp., in Hong Kong, China, on Thursday, Jan. 23, 2020. A decision by the Hong Kong government to scrap major Lunar New Year celebrations due to the coronavirus outbreak is intended to ensure citizens are prepared for the “crisis to come,” according to Jacob Kam, CEO of majority state-owned rail operator MTR Corporation. The virus, which originated in the Wuhan region of mainland China,

Annual research from business risk consultancy EXX Africa has identified key risks facing the continent in 2020, and the countries which are best and worst positioned to mitigate them. WinnersHaving once been Africa’s “poster child for debt distress, currency collapse and weak governance,” the EXX Africa report said, Mozambique will leverage massive foreign investment flows in natural gas and associated industries to turn things around in 2020. People watch as black smoke rises as the capital of

Stocks set for higher open following mixed Thursday close1 Hour AgoU.S. stock index futures were higher Friday morning following a mixed close on Thursday. CNBC’s Frank Holland reports.