Irinascreativephoto | E+ | Getty Images Almost 645,000 people who were eligible for the third round of stimulus checks hadn’t gotten their payments as of mid-September, according to a U.S. Depar...
Tag: business news
FedEx tests electric carts for last-mile delivery in U.S. and Canadian cities
FedEx EP1 cart by Brightdrop Source: Brightdrop FedEx plans to test electric carts to make deliveries on its signature Express routes in 10 U.S. and Canadian cities throughout 2022. The company hopes ...
BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglom...
Gopuff partners with Morrisons in UK for speedy grocery delivery
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with ...
Agco CEO says Russia-Ukraine war’s potential consequences on global food supply is ‘a really big deal’
Diminished food supply resulting from Russia’s invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC’s Jim Cramer on Thursday. ...
History shows investors should stick to profitable companies if Fed tightens inflation action, Jim Cramer says
CNBC’s Jim Cramer on Thursday advised investors to invest in profitable companies if the Federal Reserve institutes a half-point double rate hike, using an analysis of the Fed’s last doubl...
Hedge funds choosing ‘fresh’ stocks drove Thursday’s rally
CNBC’s Jim Cramer said that Thursday’s rally was driven by hedge fund managers’ desire for fresh stocks over trusted winners and that investors should not overthink the currently see...
Stocks making the biggest moves after hours: Honest Company and more
: The Honest Company founder and chief creative officer Jessica Alba and The Honest Company CEO Nick Vlahos ring the Nasdaq Stock Market opening bell to mark the company’s IPO at NASDAQ MarketSi...
Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its ne...
Nvidia, Logitech, Nikola, Uber and more
NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Check out the companies making headlines in midday trading. KB Home — Shares of the homebuilder ticked 5% lower in midday trading aft...
Trump is guilty of numerous felonies, prosecutor told Manhattan DA
One of two top prosecutors who resigned over the Manhattan District Attorney’s alleged decision to stop heading toward indicting former President Donald Trump for crimes said in a bombshell resi...
NIO Q4 2021 earnings preview
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio‘s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – ...
Moderna CEO Stephane Bancel on second Covid vaccine booster shots
Moderna CEO Stephane Bancel told CNBC on Thursday the drugmaker wanted to provide U.S. regulators “flexibility” in determining eligibility for a fourth Covid vaccine dose. Moderna submitte...
BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, CEO and chairman of the world’s...
How to avoid a 6-figure tax penalty on foreign bank accounts
Chuyn | Istock | Getty Images Whether you’re an expat or U.S.-based, you may need to report your foreign accounts to the U.S. Department of the Treasury by April 15 — or face costly tax penaltie...
7 things investors need to know
Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021. Melissa Lyttle/Bloomberg via Getty Images The Securities and Exchange Commiss...
Darden Restaurants (DRI) Q3 2022 earnings miss estimates
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expect...
KB Home, Spotify, Nikola and others
Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the ...
Russia oligarch Abramovich’s superyachts evade sanctions
Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkey on March 22, 2022. Anadolu Agency | Anadolu Agency | Getty Image...
Crypto firms face being booted from UK as FCA register deadline nears
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to regist...
Alaska Airlines to convert 2 more Boeing jets into freighters in bet on air cargo boom
Alaska Airlines employee Jeff Ferguson loads cargo at Ted Stevens Anchorage International Airport in Anchorage, Alaska. Mark Thiessen | AP Alaska Airlines is turning two of its midlife Boeing 737-800s...
Omicron ‘stealth’ variant BA.2 is spreading rapidly in China
People line up for nucleic acid testing at a temporary Covid-19 testing site on March 22, 2022 in Shenzhen, Guangdong Province of China. Vcg | Visual China Group | Getty Images BEIJING — As mainland C...
Singapore to ease Covid measures; drops outdoor mask mandate
Office workers walk out for lunch break at Raffles Place financial business district in Singapore on January 4, 2022. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore will ease most of its Cov...
Black box on its way to Beijing for analysis
Zhu Tao, director of the aviation safety office at the Civil Aviation Administration of China, speaks during a press conference at a hotel in Wuzhou on March 23, 2022. Noel Celis | Afp | Getty Images ...
I’m not holding my breath for Robinhood
3D Systems Corp: “That is always a bridesmaid, never a bride. I have to tell you, I think that 3D Systems and their whole 3D world is just not going to make money for people. I suggest you do Nv...
Buy the dip and stay long on Nvidia, Jim Cramer says
CNBC’s Jim Cramer on Wednesday urged investors to add Nvidia stock to their portfolios and watch for chances to buy the dip. “I know this is a tough market for a stock like Nvidia, and I w...
Holley CEO says the company is managing supply chain issues, looks to accelerate company growth
Holley is pursuing growth through managing supply chain issues currently dogging the auto industry, chief executive Tom Tomlinson told CNBC’s Jim Cramer on Wednesday. “Supply chain has def...
Investors should ‘stay the course’ as markets continue to shake
CNBC’s Jim Cramer told investors that they shouldn’t lose faith in the market’s ability to recover after Wednesday’s declines. “History is very clear: It says you must st...