Business

A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, marking the second setback in a week for the administration’s health care initiatives. U.S. District Judge John D. Bates wrote in his opinion late Thursday that so-called “association health plans” were “clearly an end-run” around consumer protections required
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CNBC’s Jim Cramer on Tuesday said investors should not panic about February’s “truly pathetic” housing starts number because the market is primed to bounce back. Single-family home construction declined 8.7 percent last month to a 1-1/2-year low, but housing forecasts are looking better as mortgage rates decrease. The housing market is not flashing recession signals,
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Levi Strauss & Co., the 166-year-old bluejeans maker, went public on Thursday and closed its debut week with an $8.6 billion market cap. It’s the first time the company has traded publicly since 1985, when a San Francisco-based financier named Warren Hellman helped lead a $1.6 billion buyout. Hellman wasn’t particularly well-known at the time,
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It’s Hollywood’s new favorite beauty product. It’s the superfood du jour. Demand for CBD is so strong that companies are scrambling to infuse their products with it, but the CBD they’re finding isn’t all that great. Congress legalized industrial hemp in December. With it, they also legalized hemp-derived CBD, short for cannabidiol, a cannabis compound
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New England Patriots owner Robert Kraft apologized to his family, friends and fans and vowed to regain their confidence and respect in his first public statement since being charged with two counts of soliciting prostitution as part of a human-trafficking probe in South Florida. His statement, below, comes after prosecutors offered Kraft a deal on
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