Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares slumped 16.1% in the premarket after the athletic apparel and shoe retailer gave a weaker-than-expected ...
Tag: business news
Foot Locker (FL) reports Q4 2021 earnings
A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled in premarket trading Friday after the retailer sai...
Champions League final moved to Paris after Russian invasion of Ukraine
This image, from 2016, shows the Stade de France in Saint-Denis, France. Tf-images | Defodi Images | Getty Images UEFA has moved the Champions League final on May 28 to Paris from St Petersburg, follo...
China’s trade with Russia won’t offset sanctions, U.S. says
Russia’s Deputy Prime Ministers Yuri Trutnev, Tatyana Golikova, Andrei Belousov, Alexander Novak and Dmitry Chernyshenkosign joint documents following a video conference call between Prime Minis...
Poland, neighbors ready for influx of migrants
People evacuated from the self-proclaimed Donetsk People’s Republic walk toward the Russian Emergency Ministry camp in the village of Veselo-Voznesenka on the Azov Sea coast, on February 19, 202...
U.S. is top safe haven amid Russia-Ukraine war: Blackstone’s Joe Zidle
The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fal...
Cramer’s lightning round: Linde is a buy
Switch Inc.: “Data center, red hot. If you understand the company, [insiders who were buying the stock] probably feel like, ‘Let’s take matters into our own hands and buy the stock.&...
American Electric Power CEO says it’s focused on cybersecurity defense for years
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’...
Jim Cramer looks at how fear over Russian aggression gave way to a stunning market comeback
CNBC’s Jim Cramer offered reasons for Wall Street’s wild reversal Thursday, with the major U.S. stock indexes shaking off steep losses early in the session related to Russia’s invasi...
Live Nation, Moderna, Booking Holdings and more
An illustration of a Live Nation Entertainment logo is seen on a smartphone and a pc screen. SOPA Images | Getty Images Check out the companies making headlines in midday trading Thursday. Live Natio...
Bank execs ‘very concerned’ about Russia cyberattacks
CrowdStrike CEO George Kurtz told CNBC on Thursday he’s been speaking with U.S. bank executives, and they’re worried about potentially being the target of Russian cyberattacks. Kurtz’...
How Jack Dorsey grew Square from start-up to payments powerhouse
Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015. Lucas Jackson | Reuters In ...
Stock futures fall after a stunning comeback as investors assess geopolitical tensions
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE Stock futures fell in overnight trading Thursday following a sharp reversal on Wall Street as investors continued to assess the risks stem...
Authentic Brands Group takes majority stake in David Beckham’s brand
Retail and entertainment conglomerate Authentic Brands Group announced Thursday it has entered into a partnership to co-own and oversee David Beckham’s global brand. Authentic Brands declined to...
Beyond Meat, Etsy & more
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies ...
Gen Zers are fueling overall membership growth
A user on a treadmill at a Planet Fitness gym. Source: Getty Images Planet Fitness is seeing more teens sign up for their first gym memberships during the coronavirus pandemic, helping to fuel the com...
Beyond Meat (BYND) Q4 2021 earnings miss estimates, stock tumbles
Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Image...
Shares of EV start-up Nikola surge on earnings beat, revenue in 2022
San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Lo...
Walmart kicks off exclusive sales event for Walmart+ members
The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart is giving customers a new reason to sign up and stick wi...
Moderna says Covid is entering an endemic phase, but annual vaccines will be needed
Maryland National Guard Specialist James Truong (L) administers a Moderna coronavirus vaccine at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla ...
Satellite imagery shows Russian attack on Ukraine from space
Satellite imagery of the Chuhuiv Airbase outside of Kharkiv, Ukraine on Feb. 21, 2022. Planet Labs PBC Satellite imagery gives another perspective on the developing situation in Ukraine, as Russian tr...
Europe installed a record amount of wind power in 2021
New wind turbines being built at a wind farm in Germany on October 12, 2021. Sean Gallup | Getty Images News | Getty Images Europe installed 17.4 gigawatts of wind power capacity in 2021, according to...
Russian invasion of Ukraine to further strain U.S. chip supply
A chip made by Taiwan Semiconductor Manufacturing Company TSMC Russia’s invasion of Ukraine could further strain the supplies of semiconductor chips that have already caused global production di...
Biden administration pausing new oil and gas leases amid legal battle
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisi...
As auto prices soar, more buyers take out 6½- and 7-year loans
A couple inspects the Monroney sticker on a Ford vehicle at the Helfman Ford dealership on October 28, 2021 in Houston, Texas. Brandon Bell | Getty Images The surge in auto prices in the second half o...
Jobless claims GDP:
Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported, according to government data released Thursday. Initia...
Live Nation, SeaWorld, Gannett and others
Check out the companies making headlines before the bell: Live Nation (LYV) – The live event producer’s shares jumped 5.4% in a down market after reporting better-than-expected quarterly revenue...
China refuses to call attack on Ukraine an ‘invasion,’ blames U.S.
Russia’s President Vladimir Putin is seen in his office in the Novo-Ogaryovo residence during a bilateral meeting with China’s President Xi Jinping via a video call in Dec. 2021. Mikhail M...
Moderna (MRNA) Q4 2021 earnings
The Moderna Covid-19 vaccine is prepared for administration ahead of a free distribution of over the counter rapid Covid-19 test kits to people receiving their vaccines or boosters at Union Station in...
Moody’s downgrades China property developer Shimao over debt troubles
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgr...