A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by regi...
Tag: Breaking News: Business
WHO says omicron BA.4 and BA.5 subvariants have spread to over a dozen countries
coronavirus impact business and economy Mf3d | E+ | Getty Images Omicron subvariants BA.4 and BA.5 have been detected in more than a dozen countries, helping fuel sporadic Covid outbreaks across the w...
Beyond Meat (BYND) Q1 2022 earnings miss estimates
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday...
Disney (DIS) fiscal Q2 2022 earnings
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images All eyes will be on...
Toyota warns raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unprecedented” increases in materials and logis...
GM’s new Cadillac Escalade is the most expensive, powerful yet at $150,000
2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this su...
Southwest upgrading planes with faster Wi-Fi, bigger overhead bins
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines said it will spend more than $2 billion on improved passenger amenities like bigger overhead bins, faster internet and power outlets ...
Target employees at Virginia store file for union election
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employee...
J&J names Thibaut Mongon as CEO of spin-off consumer health company
Signage is displayed outside of Johnson & Johnson headquarters in New Brunswick, New Jersey, Aug. 1, 2020. Mark Kauzlarich | Bloomberg | Getty Images Johnson & Johnson on Wednesday announced t...
Travelers’ airline satisfaction is down as planes fill up and fares rise: J.D. Power survey
Travelers wait in line at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Packed planes and more expensive t...
How electric pickups stack up in price, range
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but...
U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says
Gun homicides in the U.S. reached their highest level in more than 25 years during the Covid-19 pandemic, according to the Centers for Disease Control and Prevention. Homicides from guns rose 35% duri...
Ken Griffin wins $8 million Bezos spaceflight auction, donating seats
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R) Reuters Ken Griffin, billionaire founder and CEO of hedge fund Citadel, placed the winning $8 million bid in ...
Boeing aircraft orders, deliveries slipped in April
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing‘s aircraft deliveries fell last month as handovers of its 787 Dreamliner planes r...
Upstart shares plummet 60% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial in...
Oklahoma clinic will shut down if Supreme Court ends Roe v. Wade
A surgical tech and recovery room staff member, walk a patient from Texas to the recovery room following her abortion at the Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Evelyn Hockste...
Virgin Orbit assembling fleet of 747 jets to launch more rockets
The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit is assembling a fle...
National average for gasoline hits record $4.37 a gallon
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices surged to the highest l...
Peloton (PTON) fiscal Q3 2021 earnings
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...
AMC (AMC) Earnings Q1 2022
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Not even the tag-team of Spider-Man and Batman could make AMC Entertainmen...
Covid Novavax (NVAX) Q1 2022 earnings
Rafael Henrique | LightRocket | Getty Images Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still ...
U.S. will limit Covid vaccines to high-risk people this fall if Congress doesn’t approve more funding
The U.S. will have to limit the next generation of Covid vaccines this fall to individuals at the highest risk of getting seriously sick from the virus if Congress fails to approve funding to purchase...
Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check...
Rivian stock plummets as Ford sells shares of EV start-up
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive opened Monday at a new low following a...
‘Doctor Strange in the Multiverse of Madness’ snares $185 million in domestic debut
Still from “Doctor Strange in the Multiverse of Madness.” Disney The summer blockbuster season has started with a bang. Disney’s latest Marvel Cinematic Universe flick “Doctor ...
Disney investors focus on streaming, shouldn’t forget theme parks
Handout | Getty Images Entertainment | Getty Images LOS ANGELES – In April last year I took a stroll down an empty Main Street in Disneyland with the head of Walt Disney theme parks, Josh D’Amar...
Diesel fuel is in short supply as prices surge — Here’s what that means for inflation
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging, contributing...
Starbucks accused of more than 200 labor violations in NLRB complaint
Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buf...
CDC investigating severe hepatitis in children
The Centers for Disease Control and Prevention is investigating 109 cases of severe hepatitis in children, including five deaths, to determine a cause, with adenovirus infection as a primary line of i...
Starbucks criticizes Biden’s visit with union leaders, requests White House meeting
US President Joe Biden delivers remarks on economic growth, jobs, and deficit reduction in the Roosevelt Room on Wednesday May 4, 2022. Demetrius Freeman | The Washington Post | Getty Images Starbucks...
Used-car prices are down from record highs, easing the impact of inflation
A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale used-vehicle prices have notably fallen from a record ...
Peloton shares hit all-time low as pressure mounts ahead of earnings
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday...