SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San ...
Tag: business news
Kraft Heinz wants to make plant-based hot dogs through new venture
Hot dogs could be the next grocery store item to get a plant-based makeover. Kraft Heinz announced Tuesday it is forming a joint venture with TheNotCompany, a Chilean start-up valued at $1.5 billion t...
Hydrogen generation could become $1 trillion market: Goldman Sachs
The pump of a hydrogen refueling point at a gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen has an important role to play in any transi...
Civilian flights restricted as invasion threat grows
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Ista...
Cramer expects stock rally if inflation or Russian aggression resolves
CNBC’s Jim Cramer said Wednesday that a market snapback is possible if the current biggest headwinds, the Russia-Ukraine crisis and soaring inflation, ease up. “For the market, it’s ...
Why veteran analyst Larry Williams expects stocks to rally
CNBC’s Jim Cramer on Wednesday broke down fresh technical analysis from veteran chartist Larry Williams, who concluded the stock market’s recent weakness may soon come to an end. “Th...
Hong Kong’s omicron spike tests its zero-Covid approach
On February 16, 2022, patients lie in hospital beds waiting for medical treatment in a temporary holding area outside Caritas Medical Center in Hong Kong. Leung Man Hei | Nurphoto | Getty Images Lam h...
Southern Copper should be higher
Southern Copper: “I like copper too. It’s a great barometer of what’s happening in this country. We’re using more copper than ever. I think that stock should be higher not lowe...
Goldman’s consumer push will more than double over 2 years, CEO David Solomon says
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of ...
Stock futures are little changed after Dow sinks to its lowest level of the year amid Ukraine crisis
U.S. stock futures were little changed Wednesday evening after the Dow Jones Industrial Average closed at its lowest level of the year amid escalating tensions between Russia and Ukraine. Dow futures ...
Stocks making the biggest moves after hours: EBay, Allbirds and more
Signage at eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Booki...
Allbirds (BIRD) reports Q4 2021 results meet estimates
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Wednesday reported fourth-quarter sa...
Ford has no plans to spin off its EV business, CEO says
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time of spinning off its electric vehic...
Target to test Starbucks order pickup, returns from the parking lot
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 Shoppers at some Target stores will be able to pick up a Starbucks c...
USPS moves ahead with plan to spend billions on gas vehicles
A U.S. Postal Service worker prepares packages for delivery during Cyber Monday in the SoHo neighborhood of New York, on Monday, Nov. 29, 2021. Angus Mordant | Bloomberg | Getty Images The U.S. Postal...
The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
Molson Coors (TAP) Q4 earnings miss estimates, sales beat expectations
Bottles of Coors beer are displayed on a shelf at a liquor store in Fairfax, California. Justin Sullivan | Getty Images Molson Coors Beverage’s Miller Lite and Coors Light saw sales growth in 20...
CDC says waiting longer between Pfizer, Moderna doses may reduce myocarditis risk
A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Ler...
Elon Musk cheers on Justice Department probe of short sellers
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elo...
Goldman’s David Solomon says ‘our strategy is working’ even as stock lags peers
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bl...
Lowe’s, Tenneco, Tupperware and others
Check out the companies making headlines before the bell: Lowe’s (LOW) – Lowe’s shares added 1.6% in the premarket after the home improvement retailer beat top and bottom-line estimates fo...
The case for bitcoin as ‘digital gold’ is falling apart
Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency price...
Lowe’s (LOW) Q4 2021 earnings beat
A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s said Wednesd...
Air rage during the pandemic – where it is and isn’t happening
The videos light up social media and dominate news headlines. From verbal confrontations to all-out brawls, scenes of airplane passengers behaving badly have become increasingly familiar in Covid-era ...
U.S. air travel surges as Covid cases continue to drop
Lines of people wait to get through TSA airport screening. Getty Images U.S. airports were the busiest since Thanksgiving over Presidents Day weekend, a sign that leisure travel continues to recover a...