Source: Victoria’s Secret At first glance, shoppers may be hard pressed to believe that Victoria’s Secret’s new lingerie lineup is actually from Victoria’s Secret. In mid-Febru...
Tag: business news
Cruise co-founder named CEO once again after unexpected departure
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. ...
Homeowners hold record equity. What to know if you want to borrow
New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equi...
Jim Cramer says Russia’s invasion of Ukraine could put more pressure on Fed to raise interest rates
The Federal Reserve faces more pressure to increase interest rates as Russia’s invasion of Ukraine hinders a market already hit hard by inflation, CNBC’s Jim Cramer said Monday. “The...
HP Inc. CEO Enrique Lores defends stock buyback program
HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up ...
Sports leagues flex soft power against Russia over invasion
Alex Ovechkin #8 of the Washington Capitals shoots the puck against the New York Rangers during the second period at Capital One Arena on October 13, 2021 in Washington, DC. Patrick Smith | Getty Imag...
Cramer’s lightning round: I like Lazard here
Oceaneering International Inc.: “It’s right here. There are a lot of times when I look at these stocks and I think, ‘Well, they have contracts, the contracts could go bad.’ I t...
Disney pauses theatrical releases in Russia, condemns invasion of Ukraine
Still from Pixar’s “Turning Red.” Disney The Walt Disney Company will halt all future theatrical film releases in Russia following the country’s attack on Ukraine. “Given...
Charts suggest it’s not time to go all-in on stocks yet
Investors should be a little more patient before going all-in on the unsettled stock market, CNBC’s Jim Cramer said Monday, summarizing the latest takeaways from technical analyst Mark Sebastian...
Pfizer Covid vaccine was just 12% effective against omicron in kids 5 to 11, study finds
Nora Gossett, 7, reacts as she receives the Pfizer-BioNTech COVID-19 vaccine from Sophia Jan, MD, while her father Jeff Gossett, MD, holds her hand at Cohen Children’s Medical Center as vaccines...
Stock futures are steady ahead of first trading day of March, Russia-Ukraine conflict in focus
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the f...
Lucid slashes 2022 vehicle production forecast
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
NBA legend Shaquille O’Neal warns Lakers not to trade Lebron James
Four-time NBA champion Shaquille O’Neal issued a stark warning to the Los Angeles Lakers Monday, saying despite an abysmal season, it would be a huge mistake to trade the team’s biggest su...
Zoom Video, Workday, Lucid Group and more
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York ...
Starlink satellite dishes arrive, official thanks Elon Musk
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. Nacho Doce | Reuters A shipment of SpaceX’s Starlink satellit...
BP, First Horizon, defense stocks and more
Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRK.B) – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple (AAPL). Berksh...
Russia suspended from international soccer over Ukraine invasion
Russia’s Aleksandr Erokhin in action with Cyprus’ Grigoris Kastanos, Gazprom Arena, Saint Petersburg, Russia, November 11, 2021. Anton Vaganov | Reuters Russia’s soccer teams were su...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
We need to stop ‘apologizing for being capitalists’ and support business
New York City Mayor Eric Adams told CNBC on Monday he wants to encourage new business formation in the Big Apple, including in nascent industries like cryptocurrency. In an interview on “Squawk ...
Bill Ackman says it’s time for U.S. troops to defend Ukraine and set a ‘real red line’
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Monday the U.S. should consider military intervention in defense of Ukraine as Russian...
ISS partnership with Russia ‘working’ despite Ukraine conflict
The International Space Station is pictured from SpaceX’s Crew Dragon Endeavour during a fly around on Nov. 8, 2021. NASA NASA’s top official on human spaceflight addressed the agency̵...
Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell sa...
Raytheon, Block, Tesla, Foot Locker and more
The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midda...
Derek Jeter steps down as Miami Marlins CEO, sells stake in the team
Derek Jeter, along with Bruce Sherman, hold their first press conference as Miami Marlins owners on Tuesday, Oct. 3, 2017. Miami Herald | Tribune News Service | Getty Images Derek Jeter is stepping do...
Viasat says ‘cyber event’ disrupting satellite internet service
A Viasat Inc. logo seen displayed on a smartphone and in the background. Sopa Images | Lightrocket | Getty Images Viasat said Monday that it believes “a cyber event” disrupted its satellit...
Lordstown Motors to produce 3,000 electric pickups through 2023
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric ...
5 things to know before the stock market opens Monday, February 28
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after new sanctions on Russia for invading Ukraine A trader works at the New...
Europe’s travel rules are dropping as fast as its Covid cases
Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in J...
France is the most visited country in the world. Here’s why
You might think a large country like the United States is the most visited in the world, but you’d be wrong — France takes that honor. About 90 million international visitors traveled there in 2...
Peel Group’s John Whitaker hopes to set up Isle of Man cannabis farm
Cannabis leaves sit on plants growing in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. Jason Alden | Bloomberg | Getty Images A vast marijuana far...