Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Apple to slow down hirin...
Tag: business news
Photos show Europe’s devastating fires as temperatures surge
Dubbed a “heat apocalypse” by one French meteorologist, many nations in Europe are sweltering under record temperatures, causing devastating fires in some parts of the continent. Spain and...
Will Netflix keep losing subscribers? Investors await guidance
In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Netflix i...
UK shatters record for its hottest day ever
People turn out to watch the sunrise at Cullercoats Bay, North Tyneside. Britons are set to melt on the hottest UK day on record as temperatures are predicted to hit 40C. Picture date: Tuesday July 19...
IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines i...
Spirit Airlines plans Houston crew base, its third new outpost in five months
A Spirit Airlines aircraft takes off at La Guardia Airport. John Nacion | LightRocket | Getty Images Spirit Airlines said Tuesday it plans to open a crew base at George Bush Intercontinental Airport i...
IBM, NCR, Cinemark and more
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 bil...
What travelers need to know as airlines deal with lost, delayed bags
Tim Boyle | Getty Images News | Getty Images Air travel has been rocky this summer — and baggage problems factor among many other issues for travelers like flight cancellations and delays. Nearly 220,...
Former employees say issues plagued crypto company Celsius years before bankruptcy
Problems at Celsius appear to have been simmering for years before the crypto lender filed for bankruptcy. The crypto company saw a range of internal missteps leading up to its recent turmoil, accordi...
GM reveals Chevrolet Blazer EV with pricing up from $45,000
2024 Chevrolet Blazer SS EV GM DETROIT – General Motors on Monday revealed its new electric Chevrolet Blazer that’s expected to compete against the Ford Mustang Mach-E and Tesla Model Y crossove...
What happens to my funds if a crypto exchange goes bankrupt?
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Trader...
Nuclear power plant lowers output to protect fish
Switzerland’s Beznau nuclear power plant photographed in July 2019. The facility uses the river Aare for cooling. Fabrice Coffrini | AFP | Getty Images A nuclear power plant in Switzerland is lo...
UK plans $95 million hydrogen gigafactory
A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries. Krisztian Bocsi | Bloomberg | Getty Ima...
U.S. Treasury Secretary on supply chain resilience: Use friend-shoring
U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration....
China U.S. debt holdings go under $1 trillion for 1st time in 12 years
The U.S. Treasury building in Washington, D.C. Bloomberg | Bloomberg | Getty Images China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interes...
Billionaire investor Ken Langone names ‘3 most powerful things in business’
Billionaire investor and philanthropist Ken Langone on Monday detailed three core business principles he’s believed in during his career, suggesting they’ve been instrumental in building s...
Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to...
10 of the best-performing stocks since Jim Cramer’s ‘Mad Money’ debuted
Jim Cramer Scott Mlyn | CNBC With “Mad Money” relocating to the New York Stock Exchange floor, Jim Cramer on Monday looked back at some of the best-performing stocks since his show debuted...
Stock futures are flat after Dow reverses course to start busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped mor...
Europe suffers from deadly heat wave as wildfires displace thousands
Paramedics help a patient into an ambulance during a heat wave in Barcelona, Spain, on Monday, July 18, 2022. Angel Garcia | Bloomberg | Getty Images A deadly heat wave in western Europe has triggered...
Nikola still lacks votes for stock-issue plan opposed by founder Trevor Milton
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Netflix investors brace for subscriber losses as company builds for long term
Jakub Porzycki | Nurphoto | Getty Images Netflix reports its second-quarter earnings Tuesday, and the run-up feels like hurricane preparation. A storm is coming. It’s probably going to be bad. S...
9/11 families slam Trump for hosting Saudi-funded LIV golf tournament
Donald J. Trump speaks during a press conference at the Trump National Golf Club in Bedminster of New Jersey, United States on July 7, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Families and ...
London flights suspended after runway damaged during heat wave
A sign reading “Welcome to Luton” is seen from an aircraft on arrival to Gatwick Airport, London, Britain, May 23, 2022. Tom Nicholson | Reuters Extreme heat in the U.K. on Monday caused r...
Goldman Sachs looking at reinstating year-end job cuts as economic outlook dims
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Goldman Sachs has slowed its hiring and is looking to cut the fees that it...
McDonald’s franchise owners back no-confidence vote on CEO, survey says
Chris Kempczinski, McDonald’s, speaks during a press conference in New York, November 17, 2016. Shannon Stapleton | Reuters McDonald’s franchisees unhappy with changes being made to owners...
Goldman Sachs, Delta, Boeing, Tesla and more
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bl...
GE reveals new company names as it approaches historic split
People visit the General Electric stand during the China International Import Expo (CIIE) at the National Exhibition and Convention Center on November 7, 2018 in Shanghai, China. VCG | Getty Images Ge...
Goldman CEO David Solomon says inflation is ‘deeply entrenched’ in the global economy
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery ...
Homebuilder sentiment takes historic plunge in July
A contractor works on a new home under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, in...
UK fintech Starling withdraws European bank license application
Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British digital bank Starling is ending its bid to obtain a European banking license, dealing a significant ...