Disney is creating a new series called “Club Mickey Mouse,” a remixed version of the classic variety show “Mickey Mouse Club” that aired on-and-off between 1955 and 1996. But instead of airing on TV like its predecessor, “Club Mickey Mouse” will be a Facebook exclusive series. “Club Mickey Mouse” is one of nine programs created in partnership with Facebook Anthology, advertising partnerships between the platform, media companies and brands. No cast has been named for “Club Mickey Mouse,” but the

Here’s the trick: Consumers who buy the Surface Laptop can pay a one-time $49 upgrade fee to move from Windows 10 S to Windows 10 Pro. (That fee is going to be temporarily waived on devices priced $799 or higher, Microsoft told CNBC.) In other words, Microsoft almost seemed to be disguising this device, slipping it under the radar as an educational product, when it’s really going to go right after Apple’s Macbook. The Surface Laptop is half the price of Microsoft’s larger Surface Book laptop, wh

Earlier, Coach reported a better-than-expected quarterly profit. The luxury retailer reported earnings of 46 cents a share, excluding items, on sales of $995 million for the third quarter. Coach said its total North American Coach brand sales fell 5 percent to $474 million, from $499 million a year ago. As for the Jimmy Choo brand, Coach has an advantage there too. Last month, the company hired former Jimmy Choo boss Joshua Schulman as president and CEO of the Coach brand.

Cerberus Capital Management and Sycamore Partners are the two private equity firms actively exploring an acquisition of Staples, the U.S. office supplies retailer, people familiar with the matter said on Tuesday. Staples has held talks with several private equity firms over the last few weeks about a potential deal, the sources said. Private equity firms are also troubled by the divergent fortunes of its successful wholesale business and its laggard retail business, according to the sources. Sta

Unicorn Frappuccino who? Starbucks has a new Frappuccino and it might make you forget all about that pink-and-blue drink from last month. The Midnight Mint Mocha Frappuccino is Starbucks’ latest addition to its line-up of indulgent blended beverages. It features a layer of whipped cream in the middle and is topped with more whipped cream and a dusting of dark cocoa powder. Items like black macarons, charcoal ice cream, black cupcakes and black pasta.

Although they’re less likely than their parents’ generation to subscribe, close to 4 in 10 people under age 35 also pay. On the other hand, young adults who don’t pay for news are especially likely to say they’re just not very interested in the content that’s for sale. A quarter of people who confess to regularly tapping a news source for free said they’d be at least moderately likely to pay for the information if they had to pay. Three-quarters of newspaper subscribers say they primarily read t

Fox that we have known for 20 years is over,” Wolff said on “Squawk Box.” Wolff, a Hollywood Reporter columnist, said the “unique chemistry” O’Reilly and Kelly had with their devoted prime-time audiences cannot be replicated. Tucker Carlson replaced Kelly at 8 p.m. ET and the popular ensemble show, “The Five,” replaced O’Reilly at 9 p.m. Wolff said the decisions to part ways with Shine, O’Reilly, and Ailes were driven by Murdoch’s sons.

OPEC oil output fell for a fourth straight month in April, a Reuters survey found on Tuesday, as top exporter Saudi Arabia kept production below its target while maintenance and unrest cut production in exempt nations Nigeria and Libya. Compliance of 90 percent is still higher than OPEC achieved in its last cut in 2009, Reuters surveys show. Lower output in Nigeria and Libya, which are exempt from the curbs, helped bring down overall OPEC production. In Libya, output fell as protests blocking a

CNBC’s Sustainable Energy takes a look at some of the world’s biggest exporters of liquefied natural gas, otherwise known as LNG. The information shows LNG exports in million tonnes (MT) and market share, and comes from the International Gas Union’s (IGU) 2017 World LNG Report, with data coming from both the IGU and IHS Markit.

Other administration plans include opening the way for more gas exports from Oregon to serve Asia. For the Trump administration, the economic benefits of gas export infrastructure are paramount. With Mexico converting its power sector to natural gas from fuel oil, the country already imports more than 5 percent of United States gas production, which particularly helps Texas gas producers and pipeline companies. To some extent, even American coal companies could benefit from more gas exports, bec

Twitter’s first-quarter earnings last week gave investors something to cheer about with users growing again and advertising engagement up on the platform. And while the company touts growth of its video content and livestreaming service, its ambitions should raise some eyebrows. The social media site’s CEO Jack Dorsey announced on Monday the first details of its plan for content that is always on. Companies that once had nothing to do with video content now are all jumping in. For example, Apple

“I think at this point it would be premature to say anything about a Trump policy effect, at least, since we haven’t passed any policies yet,” said Josh Bivens, research director at the Economic Policy Institute. “Uncertainty is bad for investment… and that’s bad for jobs.” Combined with a president predisposed to policy whiplash, the administration’s first 100 days leaves much up in the air. “Uncertainty is bad for investment… and that’s bad for jobs.” In other words, Trump’s biggest impediment

Lawmakers on Monday unveiled a government spending bill that would allow the homeland security secretary to increase the number of H-2B visas this fiscal year to almost 130,000. President Donald Trump himself has hired seasonal workers at his Mar-a-Lago resort in this way. Diment said she hires housekeepers from Jamaica because there aren’t enough people in rural, southern Maine looking for seasonal work. Novelette Barnes-Chin began leaving Jamaica for seasonal work in the U.S. at 32. “I feel re

At an employee meeting late last year, the agents debated what it meant to be human, and what a human travel agent could do that a machine couldn’t. Ms. Neasham, 30, saw it as a race: Can human agents find new ways to be valuable as quickly as the A.I. “It made me feel competitive, that I need to keep up and stay ahead of the A.I.,” Ms. Neasham said. to glean clues about hotel preferences. can’t do,” Ms. Neasham said.

Michael Bloomberg says he doesn’t see artificial intelligence “taking over the world” but he does worry about the technology eliminating jobs. “I do worry about a lot fewer jobs [being] available,” the former New York mayor told CNBC on Tuesday. “We have to retrain people where their businesses go away and jobs go away.” Businesses like his Bloomberg News will continue to rely on human resources to build relationships and connect with their customers. “Technology may let us talk together, and sh

Some companies are more generous than others when it comes to paternity leave. New data from Fatherly.com found that the average amount of paid paternity leave offered by top companies has jumped from four weeks in 2015 to 11 weeks in 2017. The site’s annual “Best Places to Work for New Dads” report evaluated leave policies among for-profit companies with at least 1,000 employees. That includes 19 percent of large companies (those with 1,000 or more employees), and 14 percent of small companies

Leave policies for new dads are becoming more generous. But you’re still among the lucky few if your company offers one — along with a workplace culture that encourages you to take it. New data from Fatherly.com found that the average amount of paid paternity leave offered by top companies has jumped from 4 weeks in 2015 to 11 weeks in 2017. The site’s annual “Best Places to Work for New Dads” report evaluated leave policies among for-profit companies with at least 1,000 employees, and weighed d

Don’t let the strong stock market whet your appetite for more risk — as in borrowing against your brokerage account. The first five months of 2016 have been good for the S&P 500, which closed on the first day of May at 2,388.33, just shy of it’s all-time high of 2,400.98. Because equities have been faring so well, more investors are considering margin loans. These loans allow you to borrow up to a specified amount of your account’s value without having to sell your holdings and generate capital

Shares of Tenet Healthcare skyrocketed Tuesday, a day after the company reported a smaller-than-expected quarterly loss amid a choppy environment for health-care stocks. The Dallas-based hospital operator reported an adjusted loss of 27 cents per share for the first quarter, compared with a Thomson Reuters consensus estimate of a 51 cent loss. Net proceeds of this sale will be $725 million, Tenet said, and the deal should close in the third quarter. Tenet has said it’s been implementing more cos

Shares of Martin Marietta Materials, a maker of concrete and cement, closed up more than 7 percent, while Vulcan Materials closed up more than 4 percent. Martin Marietta blew Street estimates out of the water, reporting first-quarter earnings of 67 cents per share on revenue of $791.7 million. The CEO of Martin Marietta, Ward Nye, was optimistic in a press release, calling the construction industry “vibrant.” “We remain highly confident that we are in a multi-year construction recovery and that