Jeffrey Coolidge | Photodisc | Getty Images As the Democrats’ spending plan moves closer to a House vote, one of the more controversial provisions — nearly $80 billion in IRS funding, with $45.6...
Tag: business news
Norwegian Cruise Line (NCLH) earnings Q2 2022
The Norwegian Pearl uses the turning basin as it docks at PortMiami on January 05, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Norwegian Cruise Line fell Tuesday after the company repo...
On rare days, markets rise 10%. How to make sure you’re there for it
Gzorgz | Istock | Getty Images “It was the best of times, it was the worst of times.” With those classic words, author Charles Dickens famously opened his historical novel “A Tale of...
Northrop Grumman moves rocket work from Russia, Ukraine with Firefly
Northrop Grumman’s Antares rocket lifts off from NASA’s Wallops Flight Facility in Virginia on Aug. 10, 2021 carrying a Cygnus spacecraft with cargo for the International Space Station. Te...
Ford increasing price of electric F-150 Lightning
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices o...
Serena Williams announces her retirement from tennis
Serena Williams of the US waves as she walks off the court after losing against Japan’s Naomi Osaka during their women’s singles semi-final match on day eleven of the Australian Open tenni...
Zales owner Signet buys online jewelry brand Blue Nile
A pedestrian walks past a Zales store in New York. Scott Eells | Bloomberg | Getty Images Signet Jewelers said Tuesday that it will acquire online jewelry retailer Blue Nile for $360 million in an all...
Spirit Airlines (SAVE) earnings Q2 2022
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines reported a secon...
Japanese shipping giant to take part in tidal power project
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power pr...
Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the com...
Apple Card growth, vendors blamed for mishaps in Goldman card business
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When it was unveiled in 2019,...
Novavax, GoodRx, Allbirds and more
Take a look at some of the biggest movers in the premarket: Novavax (NVAX) – The drugmaker’s stock plummeted 32.3% in the premarket after posting an unexpected quarterly loss and cutting its ful...
Is Japan open to travelers? It’s where Singaporeans want to travel
Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Sing...
Wage inflation, used car prices could jump higher: Jim Bianco
Washington’s efforts to curb inflation will fall short particularly this year, according to market forecaster Jim Bianco. And, he believes this week’s key inflation data will help prove it...
Ezra Miller charged with felony burglary days after Warner Bros Discovery CEO Zaslav praises ‘Flash’ movie
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle | Bauer-Griffin | Filmmagi...
FAO food price index fell sharply in July but the respite may not last
Farmers harvest a wheat field near Melitopol in Ukraine. Wheat, soybean, sugar, and corn futures have fallen from their March highs back to prices seen at the start of 2022. Olga Maltseva | Afp | Gett...
Inflation could push Fed into August rate hike
CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation...
Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deep...
Allbirds (BIRD) reports Q2 2022 losses
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Monday trimmed its financial forecas...
Stocks making biggest after hour moves: Novavax, Allbirds and more
A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020. Da...
Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing will resume deliveries...
Consumer confidence in housing market hits lowest in over a decade
A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market dropped to the lowest leve...
Axios to sell itself to Cox Enterprises for $525 million
Jim VandeHei, Co-Founder and CEO of Axios speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 3, 2022. Mike Blake | Reuters Axios is being acquired by Cox Enterpris...
Climate change is making some homes too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural di...
Hong Kong cuts hotel quarantine for travelers to 3 days
Hong Kong is reducing the amount of time travelers will need to serve hotel quarantine, from seven days down to three starting Friday. “The seven-day quarantine hotel arrangement will be changed...
Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected
Howard Schultz David Ryder | Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money. But CEO...
Netflix may be missing an opportunity in horror movies
A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images There’s a big mo...
Large Indiana employers Eli Lilly and Cummins speak out about the state’s new restrictive abortion law
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest emplo...