Roman Abramovich, owner of Chelsea smiles following his team’s victory during the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021 in Porto...
Tag: business news
Nordstrom, Salesforce, Ford and more
Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whop...
WHO says war in Ukraine will increase Covid transmission
People carry their suitcases as they arrive in Poland after crossing a border check point on February 27, 2022 in Kroscienko, Poland. Omar Marques | Getty Images The WHO on Wednesday said the mass dis...
Salesforce, Ford, Nordstrom and more
Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstr...
Why Intel’s CEO was a guest at Biden’s State of the Union address
U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Un...
Watch Jerome Powell live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell addresses the U.S. House Committee on Finan...
Russia Roscosmos refusing to launch OneWeb satellites: Ukraine crisis
A Soyuz 2 rocket launches 36 OneWeb satellites on March 25, 2020 from Vostochny Cosmodrome, Russia. Roscosmos The corporate internet space race has taken a geopolitical turn. Russian space agency Rosc...
Weak mortgage demand could get a big boost
A house’s real estate for sale sign shows an upcoming open house in Washington, DC. Saul Loeb | AFP | Getty Images Mortgage demand stalled last week, as interest rates hit a multiyear high, but ...
Wheat prices trade ‘limit up’ again, hit highest in nearly 14 years
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Wheat futures reached new multiyear highs Wednesday, as war between major exporters R...
Ralph Lauren executive Howard Smith to resign after he violated ethics code
Ralph Lauren Europe President Howard Smith attends Vogue Foundation Dinner Photocall as part of Paris Fashion Week – Haute Couture Fall/Winter 2018-2019 at Musee Galliera on July 3, 2018 in Pari...
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty Federa...
Dogecoin, other cryptocurrencies accepted for donations
Ukraine has started to accept dogecoin and a number of other cryptocurrencies as donations as Russia continues its invasion. Nurphoto | Getty Images Ukraine has expanded the number of cryptocurrencies...
Ryanair CEO says greater Western oil production ‘hits Russia hardest’
Ryanair Group CEO Michael O’Leary delivers remarks during a press conference in Lux Lisboa Park Hotel. Horacio Villalobos | Corbis News | Getty Images The chief executive of budget airline Ryana...
ADP February 2022:
Signage at a Job News USA career fair in Louisville, Kentucky, June 23, 2021. Luke Sharrett | Bloomberg | Getty Images Private job creation rose at a faster-than-expected clip in February, according t...
Citigroup releases financial targets at first Investor Day under CEO Jane Fraser
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup CEO Jane Fraser is s...
Nordstrom shares soar as it makes progress but still has ways to go
Nordstrom signage outside one of the company’s full-line department stores. Tim Boyle | Getty Images News | Getty Images Nordstrom shares are soaring after the department store chain offered up ...
Ford splits EVs and legacy autos into separate units
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said Wednesda...
Chinese smartphone makers Oppo, Realme fill void left by Huawei
The Oppo Find X5 series on display at Mobile World Congress in Barcelona, Spain. Ryan Browne | CNBC BARCELONA — Huawei’s pain has been fellow Chinese smartphone makers’ gain at the biggest...
How Target plans to keep growing sales
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Inflation is soaring. The war in Ukraine is roiling equities and ene...
100,000 apply to live in United Kingdom
Hongkongers held demonstrations in ten different cities in the UK to protest against the one year anniversary of the promulgation of the Hong Kong National Security Law and the Centennial anniversary ...
Here’s how Chinese media is covering Ukraine
The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Ru...
Russia’s oligarch elite speak out against Putin’s invasion of Ukraine
Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images As Europe and the U.S. ratchet up ...
Coterra CEO says it was an easy decision to start buyback, and the energy firm can sustain it
Coterra Energy CEO Thomas Jorden told CNBC’s Jim Cramer on Tuesday the oil and gas firm is confident in its decision to start buying back stock. Houston-based Coterra — the result of Cabot Oil &...
Biden says U.S. will deploy new Covid vaccines within 100 days if another variant emerges
U.S. President Joe Biden delivers the State of the Union address during a joint session of Congress in the U.S. Capitol’s House Chamber March 01, 2022 in Washington, DC. Win Mcnamee | Getty Imag...
U.S. bans Russian aircraft from American airspace
U.S. President Joe Biden speaks about a U.S. Special Forces operation in Northern Syria against ISIS leader Abu Ibrahim al-Hashemi al-Quraishi, from the Roosevelt Room of the White House in Washington...
Salesforce co-CEO Marc Benioff touts strong sales guidance, says ‘$30 billions are now ahead of us’
Salesforce co-CEO Marc Benioff on Tuesday broke down the enterprise software giant’s latest financial results, telling CNBC’s Jim Cramer it was “maybe the best quarter we’ve ev...
Artemis missions, SLS rocket billions over budget
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA To the moon, indeed. NASA’s auditor didn’t mince words when he told lawmakers Tuesday that the space agency̵...