Black unemployment rate dips, labor force participation rises in January

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The January jobs report showed some signs of optimism for ...

Moderna’s Covid vaccine for teens awaits OK as regulators review heart inflammation risk

A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been o...

Southwest will bring booze back on board Feb. 16 after nearly two years

Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty...

Ken Griffin’s Citadel fund gains nearly 5% during January’s tech rout

Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds scored gains in January despite the tech rout that crushed the market, as the spike in v...

Nissan taps ‘Schitt’s Creek,’ Marvel stars

Nissan is returning to Super Bowl advertising after a seven-year hiatus with an star-studded commercial led by “Schitt’s Creek” actor and co-creator Eugene Levy. Nissan Nissan Motor ...

U.S. oil prices top $90 a barrel for the first time since 2014

A pump jack at oil well and fracking site situated in cotton field in Shafter. Kern County Education Images | Universal Images Group | Getty Images U.S. oil crossed above $90 on Thursday for the first...

Online car retailer Vroom goes from dark to Broadway musical in new Super Bowl ad

Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of “La La Land” dance choreographer Mandy Moore. The 30-second spot called ...

Premixed cocktails steal share from beer and hard seltzer, propelling surging growth

Anna Elias | Moment | Getty Images Premixed cocktails were the fastest-growing spirits category in 2021, stealing share from beer and hard seltzer. Sales of premixed cocktails surged 42.3% to $1.6 bil...

What investors should know ahead of Q4 results

A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT – Shares of Ford Motor le...

ICEYE raises $136 million to build out satellite catastrophe products

CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add ...

Ulta Beauty CEO says it’s not enough to put Black-owned brands on shelves

Ulta Beauty CEO Dave Kimbell said it is not enough for stores to put Black-owned brands on shelves. Instead, he said, the retailer wants to make sure those brands gain a fan following and ultimately, ...

Merck (MRK) earnings Q4 2021

Merck sold $952 million of its Covid-19 treatment pill molnupiravir in the fourth quarter, saying Thursday it’s on track to sell another $5 billion to $6 billion more this year. Most of its sale...

Bob Jordan is now Southwest Airlines’ new CEO. Here’s what’s on his plate

Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reute...

Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights

A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...

Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign

The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...

Key takeaways from GM’s Q4 results and 2022 guidance

DETROIT – General Motors’ fourth-quarter earnings beat Wall Street’s expectations and its 2022 guidance pleased analysts, after CEO Mary Barra assured analysts the company would earn near-...

Black Americans’ lack of participation in the stock market likely to widen post-pandemic wealth gap

Commuters arrive at Grand Central Station with Metro-North during morning rush hour in New York City. Angela Weiss | AFP | Getty Images Thanks to the historic stock market rebound from pandemic lows, ...

SeaWorld’s bid for Cedar Fair makes sense, but it may have to pay more

Guests ride the Bayside Skyride at SeaWorld on July 20, 2021 in San Diego, California. Daniel Knighton | Getty Images Entertainment | Getty Images Theme park experts aren’t surprised that SeaWor...

The SPAC market starts 2022 with abysmal losses, abandoned deals

A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to ...

Starbucks CEO Kevin Johnson on why Chinese sales were weak

Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...

Lux Capital’s Josh Wolfe on why the buy-the-dip mantra will no longer work

(Click here to subscribe to the new Delivering Alpha newsletter.) Lux Capital invests in emerging science and technology companies, making long-term bets on contrarians in the space. Over two decades,...

Satellite internet tier at $500 per month

SpaceX has quietly rolled out a new, more powerful “premium” tier of its Starlink satellite internet service that’s targeted at businesses and enterprise customers. The new product, ...

Massive winter storm grounds hundreds of flights across the U.S.

Travelers wait at the check-in counters of Southwest Airlines at Dallas Love Field Airport in Dallas, Texas, the United States, Dec. 17, 2021. Guangming Li | Xinhua News Agency | Getty Images Airlines...

Washington Football Team officially renamed Washington Commanders

Washington quarterback Taylor Heinicke (4) throws a pass during the Kansas City Chiefs versus Washington Football Team National Football League game at FedEx Field on October 17, 2021 in Landover, MD....

PepsiCo to launch hemp seed-infused drink under Rockstar Energy

PepsiCo’s Rockstar Unplugged, infused with hemp seed Source: Pepsico PepsiCo’s latest drink from Rockstar Energy wants to help consumers chill out. Infused with hemp seed oil, spearmint, l...

Bud Light Seltzer’s Super Bowl ad spotlights new line, stars Guy Fieri

Guy Fieri in Bud Light Seltzer Hard Soda’s Super Bowl commercial Source: Bud Light Bud Light Seltzer is hoping that a Super Bowl ad starring celebrity chef Guy Fieri will help jump-start sales i...

Astra expects to receive FAA license for Florida launch by Friday

The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as earl...

Ford reportedly plans to increase EV spending by up to $20 billion

The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...

Pfizer asks FDA to expand use of Covid vaccine to kids under 5

A student gets help with his mask from transitional kindergarten teacher Annette Cuccarese during the first day of classes at Tustin Ranch Elementary School in Tustin, CA on Wednesday, August 11, 2021...

General Motors (GM) earnings Q4 2021

General Motors said it expects to generate an operating profit this year of between $13 billion and $15 billion as a semiconductor shortage that marred vehicle production and sales for most of last ye...

Starbucks (SBUX) Q1 2022 earnings miss

The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed...

WHO says the new omicron subvariant doesn’t appear to be more severe than the original

WHO Technical lead head COVID-19 Maria Van Kerkhove attends a news conference organized by Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel c...