Nio Founder and CEO William Li poses outside of the New York Stock Exchange to celebrate his company’s IPO. Photo: NYSE BEIJING — U.S.-listed Chinese electric car company Nio is set to offer its...
Tag: business news
Oil jumps as traders fear disruption in Russia’s energy industry
An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Get...
Dow futures fall more than 500 points as traders assess ripple effects of Russia sanctions
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures moved lower in overnight trading on Sunday as investors grew concerned about the economic ramifications of the fighting...
hospitals could run out of oxygen supplies in 24 hours, WHO
A woman holds a child as people arrive at a train station converted into a refugee center, at the border control between Poland and Ukraine, after Russia launched a massive military operation against ...
Ukraine government raises over $10 million in cryptocurrency donations
Ukraine’s President Volodymyr Zelenskyy holds a press conference on Russia’s military operation in Ukraine, on Feb. 25, 2022 in Kyiv. Anadolu Agency | Getty Images Ukraine’s governme...
Roman Abramovich hands Chelsea ‘stewardship’ to club’s charity trust
Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Ch...
How the conflict is disrupting air travel
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian ...
Owners could delay Opening Day if no labor deal by Monday
An official MLB baseball sits on top of an MLB game-used base with a lock and chain around it to represent the lockout between Major League Baseball (MLB) and the Major League Baseball Players Associa...
Why the future of the Oscars and Emmys might be in jeopardy
From the glamor of celebrities strolling down the red carpet to the memorable speeches to the surprising wins, award shows have attracted massive attention throughout the decades. That storyline prove...
Berkshire Hathaway BRK earnings Q4 2021
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway’s operating profits surged in the fourth quarter and for the full year as the conglomerate’s busin...
CNBC interview on new HBO show ‘Game Theory’
Bomani Jones onstage during “Colin In Black And White”, Netflix, And Dreamville Present Path To Power Summit at Clark Atlanta University on November 04, 2021 in Atlanta, Georgia. Paras Gri...
Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving the conglomerate’s value
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hatha...
Transatlantic flights, Europe travel will grow post-Covid despite Ukraine-Russia tensions
As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in U...
New SEC short sale rules would force investors to submit updates each month
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, Sep...
Foot Locker, Etsy, Block, Carvana, Dish Network and more
Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shop...
US offshore wind auction in NY, NJ raises a record $4.37 billion
Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...
Inflation takes center stage with retail earnings
CNBC’s Jim Cramer on Friday previewed next week’s earnings slate and other pivotal market events, including congressional testimony from Federal Reserve chief Jerome Powell. Given the cale...
Starbucks restaurant in Mesa, Arizona votes to unionize
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Renault, Hyundai and VW have most exposure to Russian car market
Cars sit at a standstill as people try to leave the city on February 24, 2022 in Kyiv, Ukraine. Chris Mcgrath | Getty Images New U.S. sanctions and Moscow’s invasion of the Ukraine could have a ...
CDC relaxes Covid guidance allowing most people to ditch masks if hospitalizations remain low
The Centers for Disease Control and Prevention relaxed its mask guidance on Friday, allowing most people to ditch their face coverings so long as Covid-19 hospitalizations in their communities remain ...
For Warren Buffett, Berkshire Hathaway, the big issues haven’t changed
In early 2022, there have been some notable signs that it is becoming more of a Berkshire Hathaway kind of stock market. All of the Covid outperformance from Ark Invest’s flagship Innovation ETF...
This company offers its contract workers benefits and job security
Harriet Talbot quit her full-time job at Unilever to take part in its U-Work program in London. Courtesy: Harriet Talbot Millions of Americans are quitting their jobs and rethinking what they want whe...
Low earners hit hardest by inflation as savings and pandemic aid dwindle
Sopa Images | Lightrocket | Getty Images Inflation Consumer prices in January rose 7.5% from a year earlier, the fastest annual pace in 40 years. However, households don’t feel those price shock...
Fed’s favorite inflation gauge up 5.2% for biggest annual gain since 1983
A key inflation measure showed that prices rose at their fastest level in nearly 39 years, but it didn’t deter consumers from spending aggressively, the Commerce Department reported Friday. The ...
What the blockbuster Microsoft and Sony deals mean for the future of gaming
Big moves are happening in the video game industry. Microsoft, the tech giant behind the Xbox console, announced plans in early 2022 to buy Activision Blizzard, the force behind “Call of Duty...
Delta Air Lines cuts ties with Aeroflot after Russia attacks Ukraine
An Aeroflot Russian Airlines Airbus A320 aircraft as seen on final approach flying and landing on the runway at Amsterdam Schiphol Airport with the terminal and the control tower visible, after arrivi...
NASA and space partnerships with Russia face Ukraine challenge
ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton No...
Transmissibility, severity, reinfection of Omicron BA.2 subvariant
Sopa Images | Lightrocket | Getty Images A more contagious subvariant of omicron, known as BA.2, is spreading across the globe and could soon become the dominant version of Covid-19. It’s now th...
Disney’s Star Wars Galactic Starcruiser review: Let loose and play
Guests dine in the Crown of Corellia Dining Room during a performance by galactic superstar Gaya. Disney Immersion takes on new meaning aboard Disney’s newest theme park attraction, the Star War...