Ride this market comeback in health-care stocks: Charles Schwab

Investors should lean on defensive stocks such as the health-care sector as Wall Street starts the year off positive, Charles Schwab chief strategist Liz Ann Sonders told CNBC on Wednesday. She said the S&P 500‘s 3 percent rally thus far in 2019 is “pretty decent” but said the odds of it being long-term are “relatively…

Government shutdown could ruin big year for IPOs

At least six tech companies have hinted at going public in 2019, with ride-hailing companies Uber and Lyft being pretty open about their ambitions. Biotech companies Gossamer and Allector have also recently filed for IPOs. Meanwhile, the stalemate on government funding continued on Wednesday. President Donald Trump stormed out of a meeting with House Speaker…

Apple’s stock will struggle until iPhones or services improve

Apple’s stock won’t get out of its funk until the iPhone business picks up steam or the company’s growing ecosystem of services really takes off, CNBC’s Jim Cramer said Wednesday. “As long as iPhones make up more than 60 percent of Apple’s sales, Wall Street will only care about the razors, not the razorblades,” Cramer…

Callum Wilson: Chelsea target is worth £50m, says Dion Dublin

Wilson joined Bournemouth from Coventry for £3m in 2014 Bournemouth striker Callum Wilson is “definitely worth” £50m and would make Chelsea a better side, says BBC Sport pundit Dion Dublin. Wilson, 26, has scored nine league goals this season and has been linked with a move to Stamford Bridge. Asked if Wilson is good enough…

Wait — We Made You a Newsletter

“Wait —” is a weekly newsletter by Caity Weaver that investigates an unanswered (and, to be fair, quite possibly unasked) question. We want to take you on a little journey with us, into a silly or serious or doofy wormhole in the news. Sometimes the weirdest things are lurking in plain sight or sound, like…

Don’t wait for ‘all-clear’ sign to buy

Investors shouldn’t wait for “ironclad proof” that business is improving at Micron, Nvidia and Lam Research before they buy the semiconductor companies’ stocks, CNBC’s Jim Cramer said Wednesday as stocks inched higher. “If you wait for ironclad proof that a troubled business has turned itself around, you’ll miss most of the upside from that turn,”…

Amazon boss Jeff Bezos and wife MacKenzie divorce

Image copyright Reuters Image caption The pair said that they had had a great life together Amazon CEO Jeff Bezos and his wife, MacKenzie, are to divorce after a 25-year marriage. The pair announced the move in a joint statement on Wednesday on Twitter. “After a long period of loving exploration and trial separation, we…

Listen: Carmen Ejogo Reads ‘What the Sea Took Away, a Daughter Restores’

On this week’s podcast, the actor Carmen Ejogo reads “What the Sea Took Away, a Daughter Restores,” an essay about a young woman’s decision to rewrite the narrative surrounding her father’s disappearance. Emily Listfield, the author of the 2014 Modern Love essay, is a novelist and journalist living in New York City. Ms. Ejogo stars…