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Deere reports a 42% jump in year-over-year profit

Getty Images A John Deere 8600 tractor is displayed on opening day of the World Ag Expo on February 10, 2015 in Tulare, Calif. U.S. tractor maker Deere’s profit rose about 42 percent year-over-year in the third quarter, helped by replacement demand for large agricultural equipment. The Moline, Illinois-based company …

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Georgia company sues R. Kelly over damage to rental homes

An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over “extensive damage” to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in East Point, filed the lawsuit Wednesday. It says one home suffered damage to electric wiring, flooring, and windows …

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Weak Chinese yuan in focus as dollar strengthens

Patrik Stalloarz | AFP | Getty Images China’s President Xi Jinping (L) and US President Donald Trump attend a working session on the first day of the G20 summit in Hamburg, northern Germany, on July 7, 2017. The Chinese yuan’s weakness will be a focal point during the U.S.–China trade …

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It’s a good time to buy oil stocks

Royal Dutch Shell: “Everyone hates the oils, which means it is time to buy the oils because oil’s going from $70 to $80. Everybody is all crazy about them. Royal Dutch is really good.” LAM Research Corporation: “Applied Materials is a fabulous company, so take what I’m saying with a …

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Don’t dismiss Sen. Warren’s ideas as bad for companies

While Senator Elizabeth Warren’s economic policies are known to spark divisive reactions, CNBC’s Jim Cramer thinks that investors shouldn’t be too quick to write off her ideas. On Wednesday, the Democratic Senator from Massachusetts sat down with Cramer to discuss her new bill called the Accountable Capitalism Act. The bill …

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Pentagon says it’s postponing Trump’s military parade

The Pentagon said in a Thursday statement that it would “explore opportunities” in 2019 for President Donald Trump’s military parade that originally had been set for November of this year. That development came just hours after CNBC reported that the parade had been shaping up to cost $80 million more …

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