The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...
Tag: business news
Kohl’s calls on shareholders to reject activist Macellum’s proposal
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Thursday ...
Walgreens Boots Alliance (WBA) Q2 2022 earnings
A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday announced fiscal sec...
Jeff Bezos’ Blue Origin launch New Shepard NS-20 crew to space
[The livestream is slated to begin at 8:10 a.m. ET. Please refresh the page if you do not see the web player above.] Jeff Bezos’ Blue Origin is set to launch its New Shepard rocket for the first...
Amazon renews Prime credit card pact with JPMorgan after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiat...
International travel return sparks battle for high spending passengers
A Singapore Airlines A380 first class suite Leslie Josephs | CNBC Singapore Airlines this week unveiled its highest-end offering in the U.S: first-class suites that feature a bed, a swivel chair, 32-i...
Walgreens, Baidu, Novavax and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue als...
How hackers and geopolitics could derail the planned energy transition
This image shows an onshore wind turbine in the Netherlands. Mischa Keijser | Image Source | Getty Images Discussions about the energy transition, what it means and whether it’s actually underwa...
PBOC survey shows more want to save, than spend or invest
While mainland China faced its worst wave of Covid-19 since the initial shock of the pandemic, a central bank survey found more Chinese wanted to save money than spend or invest it. Costfoto | Future ...
China’s zero-Covid policy tests small businesses in a make-or-break it year
Shanghai is in a two-part lockdown and has announced about 140 billion yuan ($21.88 billion) in tax relief, according to state media. The eastern half of the Chinese financial hub is in lockdown as au...
Dow futures are little changed ahead of last day of March
Stock futures were slightly higher in overnight trading Wednesday ahead of the last trading day of the month and quarter. Futures on the Dow Jones Industrial Average was near flat. S&P 500 futures...
Las Vegas Grand Prix confirmed for Formula 1 calendar in 2023
In this file photo, the famous Welcome to Fabulous Las Vegas Nevada neon sign is seen at dusk. Joe Sohm | Visions Of America | Universal Images Group | Getty Images Formula One will return to Las Vega...
‘I’m still processing what happened’
Actor Chris Rock speaks onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Fans hoping Chris Rock would speak at length abo...
Invest in Petco instead of Chewy, says Jim Cramer
CNBC’s Jim Cramer said Wednesday that investors should buy stock of Petco instead of Chewy after the latter reported a disappointing quarter on Tuesday. “If [Chewy] aren’t turning a ...
Why Russia’s invasion of Ukraine could spark a NATO defense spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on mili...
Will Smith refused to leave Oscars, faces disciplinary action for Chris Rock slap
Will Smith (R) hits Chris Rock as Rock spoke on stage during the 94th Academy Awards in Hollywood, Los Angeles, California, March 27, 2022. Brian Snyder | Reuters Will Smith was asked to leave the 94t...
Cramer warns of trading after hours, points to big moves in Micron, RH
CNBC’s Jim Cramer reminded investors to always listen to a company’s conference call before trading on earnings and to avoid after-hours trades. “One mistake in after-hours trading w...
Own secular stocks, approach cyclical names with skepticism
CNBC’s Jim Cramer on Wednesday advised investors to own secular growth stocks rather than cyclical stocks and to be vigilant in spotting the difference. “The market is still eager for what...
Biden warns U.S. won’t have enough Covid vaccine shots without aid from Congress
U.S. President Joe Biden receives a second coranavirus disease (COVID-19) booster vaccination after delivering remarks on COVID-19 in the Eisenhower Executive Office Building’s South Court Auditorium ...
Next decade will transform health care more than past century: J&J CEO
Andrew Harrer | Bloomberg | Getty Images Joaquin Duato, the new CEO of Johnson & Johnson, is comfortable enough in his new position at the 135-year-old company to issue a bold claim just a few mon...
Delta’s health chief thinks the plane mask mandate will soon be lifted
Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouve...
Biden speaks about U.S. fight against Covid
[The stream has ended.] President Joe Biden gave a speech Wednesday about the fight against Covid-19 in the U.S. The president’s remarks come a day after the Centers for Disease Control and Prev...
Chris Rock’s first show since Will Smith slap sees ticket prices soar
Actor Chris Rock speaks onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Chris Rock has yet to publicly address being sla...
Biden announces new funding to make homes more energy efficient
Energy Secretary Jennifer Granholm speaks during a meeting with Secretary of State Antony Blinken, European Union High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles, a...
Investors believe the biggest threat to the markets now is a Fed misstep, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) A ...
Lizzo launches Yitty shapewear brand in tie-up with Fabletics
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an experience she said was ...
Robinhood, Chewy, RH, Lululemon and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDer...
SEC targets SPACs with new rules about forecasts, mergers
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images The Securities and Exchange Commissi...
UK’s FCA extends deadline for crypto firms to make it onto register
A logo for the Financial Conduct Authority (FCA). Chris Ratcliffe | Bloomberg | Getty Images The U.K.’s Financial Conduct Authority said Wednesday it is giving some crypto companies more time to...
$3 billion arena, hotel and casino project planned
Las Vegas came in first in Hotwire’s ranking of best major metropolises for quick getaways amid the pandemic. Chris Sattlberger/Getty Images Las Vegas’ sports scene is about to get more cr...
Walgreens turns to robots to fill prescriptions, as pharmacists take on more responsibilities
Walgreens is using automation to fill more of customers’ prescriptions. Inside of a Dallas area facility, bright yellow robotic arms hold pill bottles up to dispensers, which release tablets lik...