Fg Trade | Istock | Getty Images If your three-year auto lease is coming to an end soon, be aware that your car may be worth far more than you realize. The 2022 average trade-in value for 2019 model-y...
Tag: business news
CVS CEO Karen Lynch fires executives after internal sexual harassment probe
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health Chief Executive Officer Karen Lynch has pushed out several executives after the co...
How the US and allies cut off Russia from the global economy
As Russia stepped up its aggression against Ukraine to the point of a full-fledged invasion, the U.S. and its allies unleashed a series of historic and unprecedented economic sanctions. “It̵...
Pfizer planning to submit data on 4th Covid shot soon, while working on vaccine for all variants
Pfizer plans to submit data to the Food and Drug Administration for a fourth Covid shot soon, and it’s working on a vaccine that protects against all coronavirus variants, CEO Albert Bourla told...
Europe’s ocean energy installations surge back to pre-Covid levels
An overhead view of a tidal turbine from Orbital Marine Power on September 6, 2021. William Edwards | AFP | Getty Images European installations of tidal and wave energy capacity jumped in 2021, as the...
20% of my portfolio is in crypto
Celebrity investor Kevin O’Leary told CNBC on Friday that one-fifth of his investment holdings are tied up in cryptocurrencies and companies operating in the nascent digital asset industry. R...
U.S. clears way for driverless vehicles without steering wheels
DETROIT – Federal vehicle safety regulators have cleared the way for the production and deployment of driverless vehicles that do not include manual controls such as a steering wheel or pedals. The U....
Meet the company that lets you work remotely from anywhere in the world
Sevdha Thompson, digital producer of marketing for Coalition Technologies, spent a few weeks working in Costa Rica last year. Courtesy: Sevdha Thompson Millions of Americans are quitting their jobs an...
Women gain ground in the boardroom, holding 29% of director seats in 2022
Thomas Barwick | Stone | Getty Images Less than a third of corporate board seats are now held by women, despite evidence that has shown that gender diversity in boardrooms can lead to higher credit ra...
Chelsea FC at risk amid sanctions on Russian oligarch Abramovich
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing h...
Why this CEO is using stereotyping as a ‘superpower’
Rene Jones is one of four Black CEOs in the Fortune 500, and the chairman and CEO of M&T Bank said he is no stranger to stereotyping. Growing up the son of an African-American father and Belgian m...
Oracle, Uber, Pearson and others
Check out the companies making headlines before the bell: Oracle (ORCL) – The business software giant’s shares fell 2.3% in the premarket after its adjusted quarterly profit of $1.13 per share f...
Jones Soda unveils cannabis-infused sodas under new brand
Jones Soda’s cannabis offshoot, Mary Jones Source: Jones Soda Meet Mary Jones, the new brand from Jones Soda that will feature cannabis-infused sodas, gummies and syrups. It’s a bold step ...
Ford and PG&E partner on electric F-150 powering homes, grid
2022 Ford F-150 Lightning Ford Ford Motor will collaborate with Pacific Gas and Electric Co. in California to evaluate the bidirectional charging capabilities of the electric F-150 Lightning to power ...
Covid declared a pandemic two years ago. Health experts warn it’s still not over
Medical staff treat a coronavirus disease (COVID-19) patient in the Intensive Care Unit (ICU) at the Providence Mission Hospital in Mission Viejo, California, January 25, 2022. Shannon Stapleton | Reu...
Britain resurfaces huge tidal energy plan amid Ukraine crisis
An aerial shot of the Severn Estuary from 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of wate...
U.S.-delisting fears resurface for dual-listed Chinese companies
The Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, on January 21, 2021 in Hong Kong, China. ...
5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the corona...
Nio completes Hong Kong stock debut without raising new capital
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Shares of Chinese electric-vehicle maker Nio began trading on Hong Kong’s exchange on Thursday, after the company cho...
Deutsche Bank says not ‘practical’ to exit Russia business
Deutsche Bank said Thursday it is not “practical” to close its Russia business, despite similar moves by major corporations seeking to distance themselves from the country over its invasio...
Rivian changing battery cells to LFP, following Tesla, and high-nickel
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 20...
Stock futures are flat as Dow heads for fifth straight losing week amid Russia-Ukraine war
Traders on the floor of the NYSE, March 2, 2022. Source: NYSE Stock futures were flat ahead of Friday’s session as the Dow Jones Industrial average headed for its fifth losing week in a row amid...
JPMorgan says labor shortage requires unconventional hiring
JPMorgan Chase says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people ...
Moderna CEO’s golden parachute soared by hundreds of millions over the pandemic
Moderna CEO Stephane Bancel Steven Ferdman | Getty Images Moderna’s board of directors approved a golden parachute for CEO Stephane Bancel worth more than $926 million at the end of last year, u...
Stocks making the biggest moves after hours: Rivian, DocuSign and more
The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images C...
Rivian (RIVN) earnings Q4 2021
Rivian signage at the Nasdaq on their IPO day, November 10, 2021 in New York. Source: Rivian Shares of Rivian Automotive tumbled in after-hours trading Thursday after the company missed Wall Street...
MLB owners and players reach tentative labor deal
Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Julio Aguilar | Getty Images Major...
There’s ‘nowhere to hide’ for consumers as inflation hits food, gas, housing
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making ...
Major League Soccer reaches a deal to support Black banks, aiming to help close the racial wealth gap
New York City FC forward Valentín Castellanos (11) passes the ball forward against Portland Timbers midfielder Diego Chara (21) during the MLS Cup Final between the Portland Timbers and New York City ...
JPMorgan is winding down its Russia operations amid widening business exodus over Ukraine war
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, the...