David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is sch...
Tag: business news
Stock futures are little changed ahead of major bank earnings Thursday
Stock futures were muted Thursday morning as investors awaited quarterly earnings results from some of the biggest U.S. banks. Dow Jones Industrial Average futures rose 26 points. S&P 500 futures ...
Ukraine war most dangerous since Cuban missile crisis
Israeli author, historian and professor Yuval Noah Harari has spoken out frequently against President Vladimir Putin’s war in Ukraine, adding that it has had the unintended consequence of forgin...
Charts suggest the Nasdaq 100 could reach an ‘important low’ this week, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said the Nasdaq 100 could reach a low this week and give investors a chance to offload some poorly performing stocks, leaning on analysis from technical analyst Ca...
Cramer names 7 beaten-down semiconductor stocks that look ‘enticing’
CNBC’s Jim Cramer on Wednesday offered investors a list of seven semiconductor chip stocks he believes could be attractive buys. “I think there’s a sense that the chipmakers will get...
Find durable stocks to weather this ‘hyper-confusing moment’
CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment. “This is a hyper-confusing moment, but I want you to search for stocks that...
California releases proposal to ban new gas-fueled cars by 2035
Morning traffic makes its way along a freeway in Los Angeles, California, September 19, 2019. Mike Blake | Reuters California’s clean-air regulators unveiled a plan this week that would ramp up ...
Rent the Runway (RENT) Q4 2021 loss
Rent the Runway sees the more than 2 million weddings planned for this year, and all the parties that come with them, as being a massive boon to its business. Plus, according to co-founder and Chief E...
Starbucks is weighing better benefits for nonunion workers
Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks‘ campaign to dissuad...
Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...
Uninsured face testing, hospital bills after pandemic aid runs out
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
JPMorgan CEO Jamie Dimon sees ‘storm clouds’ ahead for U.S. economy
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | ...
Delta ends $200 health insurance surcharge on unvaccinated employees
A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., April 7, 2021. Mike Blake | Reuters Delta Air Lines...
Apollo’s head of sustainable investing says we need to speed up the transition toward clean energy
(Click here to subscribe to the Delivering Alpha newsletter.) Geopolitical tensions in Ukraine have had a massive impact on global energy supply chains and prices this year, reminding the world how re...
Russian oligarch Roman Abramovich has assets frozen in Jersey
Chelsea owner Roman Abramovich looks on after their 3-1 win in the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason ...
Activist investors are hunting targets in the SPAC market, but battles won’t be easy to win
Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market i...
Biden administration extends transportation mask mandate for 15 more days
Travelers wait in line at a Transportation Security Administration (TSA) screening checkpoint at Orlando International Airport on the Friday before Memorial Day. As more and more people have received ...
JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
Covid still a global health emergency even as deaths fall: WHO
Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), speaks during a news conference in Geneva, Switzerland, December 20, 2021. Denis Balibouse | Reuters The World Heal...
JPM earnings 1Q 2022
JPMorgan Chase said Wednesday that first-quarter profit fell sharply from a year earlier, driven by increased costs for bad loans and market upheaval caused by the Ukraine war. Here are the numbers: A...
50,000 retail store closures in U.S. by 2026 after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major ...
Kia unveils redesigned Niro EV and updated Telluride SUV
Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV. Both nameplates are important to the automaker in different ways. T...
Where will Americans spend their next dollar? CEOs are getting worried
At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to ...
Covid outbreaks in New York and D.C. infect senior officials as omicron BA.2 variant sweeps the U.S.
A man is given a coronavirus disease (COVID-19) test at pop-up testing site in New York, April 11, 2022. Brendan McDermid | Reuters Covid infections are rising again in the U.S. with outbreaks in New ...
Retailers, restaurants offer deals for shoppers
A car is pumping gas at a Costco gas station. The conflict between Ukraine and Russia resulted in increased gas prices in the United States in the past two weeks. Michael Ho Wai | Lightrocket | Getty ...
Bed Bath & Beyond (BBBY) Q4 2021 earnings
Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fell ...
Delta, JPMorgan, BlackRock and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
Peloton activist Blackwells takes aim at new CEO, pushes for sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Activist Blackwells Capital is reiterating its push for Peloton to consider a sale, arguing ...
Delta Air Lines (DAL) Q1 2022 earnings
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Ima...
The race to roll out ‘super-sized’ wind turbines is on
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | G...
Japanese car giant Honda targets EV expansion, earmarks billions for R&D
With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow th...