Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equ...
Tag: business news
China’s factories were hit harder this quarter as Covid drags on
China’s bicycle exports for the first two months of 2022 fell by 16% from a year ago, after growing by 14.9% for all of 2021, according to customs data. Song Wei | Visual China Group | Getty Ima...
Sequoia leads $80 million funding round for Swiss start-up Yokoy
Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform tha...
Which countries have the best passports? Most are in Europe
A new index ranks Luxembourg as the top passport in the world for aspiring global citizens. The small European country ranked No. 1 out of 199 places in the “Nomad Passport Index 2022” p...
Dairy Queen launches Stackburger line as chain sees record sales in 2021
Dairy Queen’s Flamethrower Stackburger and small ice cream cone Source: Dairy Queen Dairy Queen is expanding its burger offerings as the fast-food chain looks beyond Blizzards and other desserts...
Hong Kong faces ‘tough balancing act’ in easing border rules, official says
Hong Kong faces a tough balancing act as the city aims to lift some border restrictions for international travelers starting next month, according to a government official. The Chinese territory inte...
Game-changing hydrogen could play a big role in the energy transition
Ships sailing into the port of Rotterdam in February 2022. Federico Gambarini | Picture Alliance | Getty Images Concerns related to both the energy transition and energy security have been thrown into...
Eurazeo’s Adrianne Shapira says consumers are strong and have ‘shrugged off a lot’
France-based investment firm Eurazeo sees consumers spending healthily as geopolitical turmoil and inflation roil the economy, managing director Adrianne Shapira told CNBC’s Jim Cramer on Monday...
Will Smith apologizes to Chris Rock for slapping him at the Oscars
Will Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith took to social media on Mon...
Recession fears tied to yields are overblown, Canaccord’s Tony Dwyer
Wall Street may be overestimating recession risks. While investors focus on an unnerving inversion between the five-year and 30-year Treasury Note yields, Canaccord Genuity’s Tony Dwyer is conce...
Stock futures are flat ahead of consumer confidence data
Stock futures were flat in overnight trading ahead of Tuesday’s consumer confidence data and a big week for economic data. Futures on the Dow Jones Industrial Average dipped 20 points or 0.06%. ...
NFL Draft goes to Detroit in 2024, blockchain rights go on sale this week
Roger Goodell Catalina Fragoso | USA TODAY Sports | Reuters PALM BEACH, Fla. – The NFL’s annual meetings kicked off Sunday, and they are already generating some big announcements. The league sai...
Disney vows to help repeal ‘Don’t Say Gay’ law
Walt Disney employees and demonstrators during a rally against the Florida “Don’t Say Gay” bill at Griffith Park in Glendale, California, U.S., on Tuesday, March 22, 2022. Alisha Juc...
Ceremony bungled even before Will Smith slapped Chris Rock
Will Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Sunday’s 94th Academy Award cere...
NFL coaches are divided over whether to change overtime rules
Kansas City Chiefs football team head coach Andy Reid speaks to journalists at a coaches press availability during the NFL owner’s meeting, Monday, March 28, 2022, at The Breakers resort in Palm...
Spacecraft manufacturer Terran Orbital LLAP begins trading on the NYSE
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades un...
Tesla, Coinbase, AMC and more
A Tesla Supercharger station in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Tesla — T...
Russia will ‘always’ be a part of OPEC+, UAE energy minister says
The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun the oil exporter over its war in Uk...
Nio ET7 deliveries begin
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Nio confirmed Monday it has begun deliveries of its new luxury sedan, the ET7, on schedule, sending U.S.-...
New Balance bulks up manufacturing presence in U.S. amid supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve relationships with ove...
XPeng (XPEV) Q4 2021 earnings
XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. U.S. listed shares of XPeng jumped in premarket trading Monday after the Chinese electric-vehicle maker reported a f...
MLB reaches $125 million sponsorship deal with Capital One
Fernando Tatis Jr. #23 of the San Diego Padres runs past third base in the 8th inning against the Los Angeles Dodgers on April 18, 2021 at Petco Park in San Diego, California. Matt Thomas | San Diego ...
Most medical debt to come off credit reports. What to do if it doesn’t
Maskot | Maskot | Getty Images If you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months. Yet before you cheer the good news, first make sure you...
Tesla wants to split its stock so it can pay a stock dividend; shares gain
Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters Tesl...