Roman Abramovich, owner of Chelsea smiles following his team’s victory during the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021 in Porto...
Tag: Breaking News: Business
WHO says war in Ukraine will increase Covid transmission
People carry their suitcases as they arrive in Poland after crossing a border check point on February 27, 2022 in Kroscienko, Poland. Omar Marques | Getty Images The WHO on Wednesday said the mass dis...
Russia Roscosmos refusing to launch OneWeb satellites: Ukraine crisis
A Soyuz 2 rocket launches 36 OneWeb satellites on March 25, 2020 from Vostochny Cosmodrome, Russia. Roscosmos The corporate internet space race has taken a geopolitical turn. Russian space agency Rosc...
Wheat prices trade ‘limit up’ again, hit highest in nearly 14 years
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Wheat futures reached new multiyear highs Wednesday, as war between major exporters R...
Ralph Lauren executive Howard Smith to resign after he violated ethics code
Ralph Lauren Europe President Howard Smith attends Vogue Foundation Dinner Photocall as part of Paris Fashion Week – Haute Couture Fall/Winter 2018-2019 at Musee Galliera on July 3, 2018 in Pari...
Ford splits EVs and legacy autos into separate units
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said Wednesda...
How Target plans to keep growing sales
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 Inflation is soaring. The war in Ukraine is roiling equities and ene...
Biden says U.S. will deploy new Covid vaccines within 100 days if another variant emerges
U.S. President Joe Biden delivers the State of the Union address during a joint session of Congress in the U.S. Capitol’s House Chamber March 01, 2022 in Washington, DC. Win Mcnamee | Getty Imag...
Artemis missions, SLS rocket billions over budget
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA To the moon, indeed. NASA’s auditor didn’t mince words when he told lawmakers Tuesday that the space agency̵...
AMC charges more for ‘The Batman’ tickets in new pricing test
The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images Your ticket to see Warner Bros.’ “The Batman” could cost more if ...
MLB cancels Opening Day after owners fail to reach deal with players union
An Official Rawlings Major League Baseball sits with a bat, lock and chain to represent the lockout between Major League Baseball (MLB) and the Major League Baseball Players Association (MLBPA) on Dec...
Nordstrom (JWN) reports Q4 2021 earnings beat
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holid...
GM sells its stake in embattled EV start-up Lordstown Motors
The Lordstown Motors factory is where GM once operated, in Lordstown, Ohio, on October 16, 2020. Megan Jelinger | AFP | Getty Images General Motors sold its stake in Lordstown Motors during the fourth...
You can watch the Netflix Marvel shows on Disney+ starting March 16
Krysten Ritter, Finn Jones, Charlie Cox and Mike Colter star in Netflix’s “The Defenders.” Netflix Netflix’s suite of Marvel-branded television shows will arrive on Disney+ in ...
Jeep maker Stellantis aims to double revenue by 2030
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on Januar...
Domino’s Pizza (DPZ) Q4 2021 earnings miss, CEO Ritch Allison to retire
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday announced a C-suite shake-up and qu...
Wheat futures reach highest levels since 2008 as Russia invasion advances
Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. Valentyn Ogirenko | Reuters The price of wheat on Tuesday rose to its highest levels in more than a...
Target (TGT) Q4 2021 earnings
Target on Tuesday said sales rose 9% in the fiscal fourth quarter, as it weathered supply chain challenges over the holidays and built on e-commerce and customer gains during the pandemic. The discoun...
Pentagon’s SDA awards Transport Layer satellite internet contracts
Aerial view of the United States military headquarters, the Pentagon. Jason Reed | Reuters The Space Development Agency, an acquisition arm of the Department of Defense, on Monday announced nearly $1....
Cruise co-founder named CEO once again after unexpected departure
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. ...
Disney pauses theatrical releases in Russia, condemns invasion of Ukraine
Still from Pixar’s “Turning Red.” Disney The Walt Disney Company will halt all future theatrical film releases in Russia following the country’s attack on Ukraine. “Given...
Pfizer Covid vaccine was just 12% effective against omicron in kids 5 to 11, study finds
Nora Gossett, 7, reacts as she receives the Pfizer-BioNTech COVID-19 vaccine from Sophia Jan, MD, while her father Jeff Gossett, MD, holds her hand at Cohen Children’s Medical Center as vaccines...
Lucid slashes 2022 vehicle production forecast
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
Starlink satellite dishes arrive, official thanks Elon Musk
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. Nacho Doce | Reuters A shipment of SpaceX’s Starlink satellit...
Bill Ackman says it’s time for U.S. troops to defend Ukraine and set a ‘real red line’
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Monday the U.S. should consider military intervention in defense of Ukraine as Russian...
ISS partnership with Russia ‘working’ despite Ukraine conflict
The International Space Station is pictured from SpaceX’s Crew Dragon Endeavour during a fly around on Nov. 8, 2021. NASA NASA’s top official on human spaceflight addressed the agency̵...
Derek Jeter steps down as Miami Marlins CEO, sells stake in the team
Derek Jeter, along with Bruce Sherman, hold their first press conference as Miami Marlins owners on Tuesday, Oct. 3, 2017. Miami Herald | Tribune News Service | Getty Images Derek Jeter is stepping do...
Viasat says ‘cyber event’ disrupting satellite internet service
A Viasat Inc. logo seen displayed on a smartphone and in the background. Sopa Images | Lightrocket | Getty Images Viasat said Monday that it believes “a cyber event” disrupted its satellit...
Lordstown Motors to produce 3,000 electric pickups through 2023
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric ...