SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images E...
Tag: Breaking News: Business
Tyson Foods CFO arrested for public intoxication, falling asleep in wrong house
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyso...
Sweetgreen tries national dessert — a version of Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday fo...
Lidar makers Ouster and Velodyne agree to merge
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
Former MoviePass CEO charged in alleged fraud scheme
Sopa Images | Lightrocket | Getty Images Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday. Theodore Farnsw...
Carvana stock craters as outlook darkens for used vehicle market
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from r...
United Airlines Denver mini lounge opens for time-crunched travelers
United’s new, small-format lounge at Denver International Airport. Source: United Airlines United Airlines is opening a new kind of lounge at Denver International Airport, and it’s not des...
Shonda Rhimes, other creators unhappy with Netflix’s new mid-video ads
Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgert...
Flu hospitalization rate highest in a decade, kids and seniors most at risk
The U.S. is facing the highest flu hospitalization rates in more than a decade with children and the elderly most at risk, according to the Centers for Disease Control and Prevention. Flu and respirat...
Rocket Lab attempts Electron booster catch with helicopter
Space company Rocket Lab called off its latest attempt at catching one of its Electron boosters with a helicopter, as the venture pursues reusability of its rockets. The company launched the “Ca...
Pfizer releases data showing omicron boosters are better than old shots
A health worker administers a dose of Pfizer covid-19 vaccine to a man at the Sanford Civic Center. With the emergence of the Omicron covid-19 variant in numerous countries, including the United State...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
Virgin Galactic Q3 2022 earnings
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter l...
Warner Bros Discovery (WBD) earnings Q3 2022
Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough advertising environment and costs associated with its post-merge...
Carvana (CVNA) earnings Q3 2022
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the...
Inflation to dampen holiday spending, retail trade group forecasts
Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Getting shoppers to spend this holiday season won’t...
Jeff Bezos, Jay-Z may bid on Washington Commanders
Amazon founder Jeff Bezos and commissioner Roger Goodell on the sidelines before the start of an NFL football game between the Los Angeles Chargers and Kansas City Chiefs, Thursday, Sep.15, 2022, in K...
Starbucks (SBUX) Q4 2022 earnings
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks is expe...
CNBC cancels ‘The News with Shepard Smith’ after two years
The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market covera...
Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw mate...
Restaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales ...
Value investors make a big comeback with one of their best months since 1978
Traders work on the floor of the New York Stock Exchange during morning trading on November 02, 2022 in New York City. Michael M. Santiago | Getty Images Value investors have come back with a vengean...
Altice USA stock sinks after tough third quarter earnings
Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The c...
Peloton (PTON) reports Q1 earnings
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s sha...
Moderna (MRNA) Q3 earnings 2022
A vial of the Moderna coronavirus disease (COVID-19) booster vaccine targeting BA.4 and BA.5 Omicron sub variants is pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, September 8, 2022. Ha...
Rstaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
U.S. airlines’ pilot contract negotiations turn rocky
Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines ar...
Ford Transit Trail 2023 targets boom in RV ‘van life’
Ford says Transit Trail owners will have access to the Ford Pro network of upfitters and interior installers to create the interior space they desire. (Preproduction model shown with aftermarket equip...
WWE ends investigation into alleged misconduct by Vince McMahon
World Wrestling Entertainment said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had disbanded. “The Special Committee inves...
Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Was...