Dustin Cohn, chief marketing office of Cadre Source: Cadre Goldman Sachs consumer bank branding chief Dustin Cohn has joined real estate investing start-up Cadre as chief marketing officer, CNBC has l...
Tag: business news
Impossible Foods patent at risk in legal battle with Motif FoodWorks
Plant-based burgers developed by Impossible Foods Inc. are seen at the 2nd China International Import Expo (CIIE) at the National Exhibition and Convention Center on November 6, 2019 in Shanghai, Chin...
Bitcoin ‘tribalism’ holding the crypto industry back, Ripple CEO says
Ripple CEO Brad Garlinghouse speaks during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 19, 2021. Kyle Grillot | Bloomberg | Getty Images “Tribalism” around...
FAA keeps zero tolerance for unruly passengers even after mask ruling
Passengers wearing protective masks masks board a Boeing Co. 737-800 operated by Avelo Airlines ahead of the airline’s inaugural flight at Hollywood Burbank Airport (BUR) in Burbank, California,...
NY Gov. Hochul warns omicron subvariants driving spike in infections
Kathy Hochul, governor of New York, speaks during a news conference in New York, on Tuesday, Sept. 21, 2021. Mark Kauzlarich | Bloomberg | Getty Images Two mutated strains of the highly transmissible ...
Legacy media disrupted Netflix with streaming offerings, now it risks similar fate
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images We must be living in t...
Netflix, M&T Bank, Baker Hughes, IBM & more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday/ Netflix — Shares of th...
Novavax says vaccine targeting Covid and flu shows promising results in early data
Novavax on Wednesday said its vaccine targeting both Covid-19 and the flu triggered an immune response similar to its stand-alone shots against each virus, in an early indication that a combination va...
Covid masks work even if others around you aren’t wearing one
People concerned about getting Covid can still protect themselves by properly wearing masks, like an N95 or KN95, even if nobody else around is, Dr. Scott Gottlieb told CNBC on Wednesday. GottliebR...
Lululemon monthly memberships for clothes, events and classes
Lululemon is launching a membership program — and it’s about more than workout clothes. The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to buil...
Walmart EEOC wrongful termination case: Company seeks new trial
Scott Olson | Getty Images Walmart is seeking a new trial in a case over the firing of a longtime employee with Down syndrome. A jury in July found Walmart wrongfully terminated the employee, Marlo Sp...
People should cut energy use to stop Ukraine war
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring ...
Philadelphia keeps mask mandate in place despite Florida judge ruling against CDC
A shopper wearing a protective mask as a precaution against the spread of the coronavirus selects fruit at the Reading Terminal Market in Philadelphia. Matt Rourke | AP Philadelphia health officials a...
Siemens Gamesa in $629 million sale of south European assets to SSE
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operat...
BMW i7 electric sedan added to 7-Series lineup, starting at $119,300
BMW 760i xDrive (European model shown) BMW BMW is adding an all-electric model to its flagship 7-Series sedan lineup as the German luxury brand pivots to EVs to better compete against industry leader ...
Netflix, Procter & Gamble, Baker Hughes and more
Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming ...
Procter & Gamble (PG) Q3 2022 earnings
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected ...
Lululemon (LULU) announces new 5-year targets at analyst day 2022
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Lululemon aims to double its 2021 revenue in the next five years, putting it on track to hit $12...
Cramer cites 3 reasons why the market rallied on a day it had no business doing so
Wall Street should have been down Tuesday, yet the stock market had a great run. The usual suspects — tons of negative analyst notes, rising bond yields, mixed earnings, light housing data and spiking...
Netflix is exploring lower-priced, ad-supported plans after years of resisting
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images After years of resisting advertisements o...
Bank of America CEO says spending is healthy despite roaring inflation
Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22...
Netflix warns password sharing crackdown is coming
Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’...
Netflix, IBM, Disney and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a...
Netflix (NFLX) earnings Q1 2022
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Shares of Netflix crat...
Fed’s Bostic expresses caution about the pace of interest rate hikes
Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn’t move so...
Mega-mansions suffer massive price cuts at real estate auctions
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract...
A $1 million Powerball ticket expires soon. Many prizes go unclaimed
Justin Sullivan | Getty Images Powerball players may want to make sure they’re looking more closely at their numbers after each drawing. In about two weeks — on May 5 — a ticket purchased in Mic...
Gas prices drive grocery bills higher, says online grocer Boxed CEO
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechChec...