A judge on Friday dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter. But San Francisco federal district court Judge James Donato left the door open for Trump an...
Tag: business news
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 ...
Over 60 million tax returns could be completed automatically, study says
Tom Werner | DigitalVision | Getty Images The IRS may have the ability to automate nearly half of tax returns, according to a working paper from the National Bureau of Economic Research. The agency co...
Kentucky Derby owner Churchill Downs doubles down on horse race betting
Churchill Downs, which owns the Kentucky Derby, is changing its strategy when it comes to sports wagering. The company is doubling down on horse race betting and moving away from online sports betting...
Nvidia, SEC reach deal on cryptocurrency disclosures in 2017
A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan | Getty Images Nvidia will pay $5.5 million as part of a settlement with the SEC that i...
How college athletes line up tens of thousands of dollars in NIL deals
The NCAA enacted an interim name, image and likeness policy almost a year ago, which allows athletes — many of whom have big social media followings — to make deals with local car dealerships, and in ...
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...
SpaceX NASA Crew-3 mission, 6th astronaut flight, splashes down
SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s Crew-3 mission t...
Wedding costs surge as pent-up demand, inflation force couples to cut back
Nicole Brandfon and her fiance Adam Alonso are planning a wedding in Colombia, rather than Miami, because it was more affordable. Source: Nicole Brandfon Nicole Brandfon and her fiance, Adam Alonso, w...
Peloton, Under Armour, Monster Beverage and more
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Re...
Ice cream freezers to get ‘warmed up’ in trial by Unilever
According to Unilever, the industry standard for freezer temperatures in many markets stands at minus 18 degrees Celsius (around 0 degrees Fahrenheit). The temperature of freezers in the trials will b...
DSW tests layout to spotlight brands like Adidas, Crocs, Birkenstock
DSW debuts a new smaller store. Source: DSW DSW is trying out a new store look and layout at a location opening this weekend in Houston, in an attempt to focus customers’ attention on key brands...
Best Buy adds beauty gadgets and outdoor furniture to product lineup
Electric bikes. Patio furniture. Beauty gadgets. Best Buy is adding merchandise that might surprise shoppers who typically think of its stores and website as a place to buy smartphones, laptops and TV...
JetBlue Airways at a crossroads after Spirit rejects its takeover offer
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Under Armour (UAA) reports sales below Wall Street estimates
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour sees a tough year ahead, roiled by global supply chain challenges and ano...
Under Armour, Cigna, DraftKings and others
Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker posted an adjusted first-quarter loss of 1 cent per share, compared with a profit estimate of ...
Stock futures fall after Dow’s worst day since 2020, jobs report looms
Stock futures were lower in early morning trading Friday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were down 103 points, or 0....
China’s Xi Jinping calls for sticking to zero-Covid policy
Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for C...
Orsted moves forward with plans to grow corals on wind turbines
Alongside their natural beauty, coral reefs have an important role to play in the natural world. According to the National Oceanic and Atmospheric Administration, around one quarter of the ocean’...
Cramer’s lightning round: Stay away from CoreCivic
Loading chart… CoreCivic Inc: “Let’s just stay away.” Loading chart… Inmode Ltd: “If you want med tech, you just want Edwards Lifesciences.” Loading chartR...
Why investors should stay away from ScottsMiracle-Gro
CNBC’s Jim Cramer on Thursday told investors to resist the urge to add ScottsMiracle-Gro to their portfolios, despite the stock’s low valuation. “Historically, this is a great time o...
Jim Cramer says to buy selectively to beat the current market turmoil
CNBC’s Jim Cramer on Thursday said that investors looking to successfully navigate a market roiled by inflation, geopolitical concerns and Covid should do two things: buy discriminately and be i...
Sweetgreen (SG) Q1 2022 earnings
A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and re...
Funko sells 25% stake to group including Bob Iger, Rich Paul, eBay
A consortium including former Disney CEO Bob Iger, sports agent Rich Paul, eBay and the Chernin Group is buying a 25% stake in toy maker Funko. The investment, which is worth $263 million, or $21 per ...
F1 CEO sees TV rights opportunity with ESPN deal due to expire
Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current d...
Stocks making the biggest moves after hours: DoorDash, Zillow and more
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: Block — Shar...
Lucid (LCID) earnings Q1 2022
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has ...
E-commerce stocks plummet as consumers pull back online spending
The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on s...