Lechatnoir | E+ | Getty Images Sustainability alone will not be enough for consumers to change their shopping habits and products must “deliver for the consumer, first and foremost,” accor...
Tag: business news
People are fleeing Ukraine — this guide is hosting tours along the way
Her virtual tours around Kyiv normally attract between 30 and 100 people. But more than 1,800 tuned in to Olga Dudakova’s livestreamed tours in Ukraine following the Russian invasion. The firs...
Biz optimism on U.S.-China back to Trump era, AmCham survey says
BEIJING — American businesses in China no longer expect relations between the two countries to improve from the tensions of the Trump administration, according to a business association survey. After ...
Oil stocks, Bed Bath & Beyond, Visa and more
Take a look at some of the biggest movers in the premarket: Chevron, Exxon, Phillips 66 — Oil stocks rose broadly in premarket trading after energy prices surged overnight, with U.S. benchmark West Te...
5 things to know before the stock market opens Monday, March 7
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures cut sharp losses as $130 crude comes a bit off the boil Traders work on the floor o...
Aston Martin inks deal to develop batteries with Britishvolt
The Aston Martin Rapide E electric vehicle on display at the Auto Shanghai 2019 show in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Aston Martin is to work with Britishvolt on the developme...
New Jersey governor hopes mask mandates in schools done forever
Democratic New Jersey Gov. Phil Murphy told CNBC on Monday he’s hopeful the state’s school mask mandate will remain a policy of the past, suggesting it’s part of a shift toward livin...
Russia-Ukraine war could cut auto production by millions of vehicles
The 111,111th Ford Transit car manufactured at the Ford Sollers car factory in the town of Yelabuga in Russia’s Republic of Tatarstan. Yegor Aleyev | TASS | Getty Images Russia’s invasion ...
U.S. far from normal with Covid deaths much higher than flu: report
Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the p...
Stock futures dip after the S&P 500’s worst day since October 2020 amid Russia-Ukraine war
Traders on the floor of the NYSE, March 4, 2022. Source: NYSE Stock futures fell slightly in overnight trading Monday following the S&P 500’s worst day since October, as investors remained o...
Michael Kors-parent Capri Holdings ditches CEO succession plan; shares fall
Joshua Schulman is seen at Michael Kors intimate Cocktail Party in Celebration of his 40th Anniversary on September 23, 2021 in Milan, Italy. Victor Boyko | Getty Images Capri Holdings has ditched its...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
NFL suspends Atlanta Falcons’ Calvin Ridley for 2022 season for betting on games
Calvin Ridley #18 of the Atlanta Falcons warms up prior to a preseason game against the Miami Dolphins at Hard Rock Stadium on August 21, 2021 in Miami Gardens, Florida. Michael Reaves | Getty Images ...
Bed Bath & Beyond, United, PVH and more
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday tr...
Used-car prices are still sky-high — but they may be easing
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from Janu...
Moderna reaches preliminary agreement to build Covid vaccine manufacturing plant in Africa
A health official prepares a syringe with the Moderna Covid-19 vaccine prior to administering it during a mass Covid-19 vaccination drive in Nairobi on September 17, 2021. Simon Maina | AFP | Getty Im...
Gas prices are heading to an all-time record. Here’s how to protect yourself
With gasoline prices at a 14-year high, it’s hard to imagine paying even more at the pump. Yet prices are only heading higher. On Sunday, the national average for a gallon of gas hit $4.009, the...
U.S. will defend NATO Baltic states against Russia, Blinken says
U.S. Secretary of State Antony Blinken delivers remarks to U.S. Embassy staff at the Vilnius Rotuse in Vilnius, Lithuania March 7, 2022. Olivier Douliery | Reuters Secretary of State Anthony Blinken o...
Levi Strauss suspends sales in Russia
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. The apparel com...
Kohl’s (KSS) issues long-term financial targets at investor day 2022
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s, facing activist pressure to consi...
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their...
Bed Bath & Beyond shares surge after GameStop chairman reveals big stake
Customers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California. Kevork Djansezian | Getty Images News | Getty Images Bed Bath & Beyond surged 65% in premarket t...
Gymnast faces action after appearing to wear Russian war symbol
close up of hands and rings Robert Decelis Ltd | Stone | Getty Images Ivan Kuliak is facing disciplinary action from the International Gymnastics Federation (FIG) after appearing to wear a Russian war...
Stephen Roach says Russian default would hit emerging markets — and China
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russi...
Dow futures fall 300 points as oil prices spike to 13-year high on Russia-Ukraine war
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2022. REUTERS/Brendan McDermid Brendan McDermid | Reuters U.S. equity futures fell Sunday evening as ...
How Disney has used food to elevate its theme parks
A sample of cocktails available onboard the Halcyon. Disney Thrill-seekers of all ages are excited to return to theme parks, but gravity-defying rides and immersive attractions aren’t the only t...
‘The Batman’ tallies $128.5 million domestic box office opening
Robert Pattinson stars in “The Batman.” Warner Bros. “The Batman” swooped into theaters this weekend, tallying the second-highest domestic opening of the pandemic era. The Warn...
McDonald’s declines to comment on war, has exposure in Russia
A McDonald’s restaurant in Moscow. Andrey Rudakov | Bloomberg | Getty Images U.S. fast-food chains have limited exposure to Russia and Ukraine, but McDonald’s is under the most pressure, a...