Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew ...
Tag: Breaking News: Business
SpaceX unveils Starshield, a military variation of Starlink satellites
An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX Elon Musk’s SpaceX is expanding its Starlink satellite technology into military ...
U.S.-listed Chinese stocks rally as investors turn bullish on reopening shift
Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate th...
Delta pilots would get more than 30% in pay raises under new contract deal
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines and its pilots’ union...
Biden administration will end monkeypox public health emergency
People line up to get a monkeypox vaccination at a new walk-up monkeypox vaccination site at Barnsdall Art Park on Tuesday, Aug. 9, 2022 in Hollywood, CA. Brian Van Der Brug | Los Angeles Times | Get...
Astra chief engineer Benjamin Lyon resigns from rocket builder
Benjamin Lyon, chief engineer and executive vice president of engineering and operations Astra Beleaguered rocket-builder Astra is losing its highly touted chief engineer, Benjamin Lyon, the company s...
Senate passes rail labor pact before strike deadline, sends to Biden
The Senate passed legislation that would force a tentative rail labor agreement and thwart a national strike. A separate vote on adding seven days of paid sick leave to the agreement failed. The appro...
FDA pulls antibody bebtelovimab because not effective against omicron BQ.1
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters A key monoclonal antibody used to treat peopl...
Fauci calls out a bad job of vaccinating elderly
Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, testifies at a Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related ...
Ulta Beauty (ULTA) earnings Q3 2022
Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday. Aimee Dilger | LightRocket | Getty Images Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s ...
CNN lays off hundreds of staffers − read the memo
Hundreds of CNN employees were notified of layoffs Thursday as part of CEO Chris Licht’s efforts to transform the cable news network. CNN had about 4,400 employees. The layoffs affected hundreds...
Kroger (KR) earnings Q3 2022
Kroger on Thursday raised its forecast for the year after stronger fiscal third-quarter sales topped Wall Street expectations and inflation continued to push up the prices shoppers pay for milk, eggs ...
Delta making lounge access harder after complaints of crowding, lines
The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, on Wednesday, June 1, 2022. Stephanie Keith | Bloomberg | Getty Images Delta Ai...
Kroger and Albertsons executives defend proposed merger at hearing
Albertsons and Kroger supermarkets Bridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Kroger and Albertsons should be allowed to combine is ...
Shopper turnout hit record over Black Friday weekend, trade group says
A record number of holiday shoppers – 196.7 million – flocked back to stores and hunted for deals from Thanksgiving Day to Cyber Monday, according to a survey by the National Retail Federation, which ...
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
Netflix’s plan kept ‘Glass Onion’ from more box office millions
Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “...
Amazon used AWS in satellite experiment
An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of...
U.S. criticizes Beijing, supports right to protest
People hold white sheets of paper and flowers in a row as police check their IDs during a protest over coronavirus disease (COVID-19) restrictions in mainland China, during a commemoration of the vict...
Disney CEO Bob Iger talks ‘Don’t Say Gay,’ LGBTQ inclusion at town hall
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past ...
Flu hospitalizations increase nearly 30% as U.S. enters holiday season
Susana Sanchez, a Nurse Practitioner, administers a flu vaccination to Loisy Barrera at a CVS pharmacy and MinuteClinic in Miami, Florida. Joe Raedle | Getty Images Flu hospitalizations have increased...
Disney hiring freeze will stay in place, CEO Bob Iger tells employees
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Ge...
Disney is the biggest winner and loser at the Thanksgiving box office
This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time...
Big discounts equals high pressure for retailers
Major retailers are under intense pressure to deliver on Black Friday after several of them reported a slowdown in sales heading into the do-or-die holiday shopping season. Macy’s, Target, Kohl&...
Omicron BQ variants dominant, XBB circulating at low level
A person receives a coronavirus disease (COVID-19) test as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 22, 2021. Andrew Kelly | Reuters The omicron ...
Frontier Airlines gets rid of telephone customer service
Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images Say goodbye to the airli...
Online shoppers spent record amount on Thanksgiving
D3sign | Moment | Getty Images After eating turkey and pie, lots of Americans also went on a shopping spree. Thanksgiving Day online spending hit a record of $5.29 billion, an increase of 2.9% year ov...
Warren Buffett explains his $750 million charitable donation on Thanksgiving eve
Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary inve...
Measles poses threat to kids as vaccinations declined due to Covid
A growing number of children around the world are vulnerable to measles as vaccination rates have declined to the lowest levels since 2008, global health leaders warned on Wednesday. The Covid-19 pand...