Crispr Therapeutics: “They’re estimated to lose a lot of money. But more importantly, this is the kind of company right now that is so out of favor that, unless you are willing to take a b...
Tag: business news
Jack Nicklaus, Justin Thomas team up to launch ultra luxury Florida golf community
Rendering of Panther National Clubhouse Courtesy: Panther National A golf legend and a one of the PGA’s hottest young stars are teaming up to create a luxury golf community in Palm Beach County,...
Carrier has a ‘very good handle’ on managing inflation
Carrier Global CEO David Gitlin told CNBC on Tuesday that the home appliance’s company has a grasp on inflation that will allow it to pursue growth more aggressively. “We feel like we have...
Palo Alto Networks, Mosaic & more
Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in af...
Jim Cramer’s playbook for investing during geopolitical uncertainty
CNBC’s Jim Cramer on Tuesday detailed his investment approach to navigating moments of geopolitical uncertainty, as conflict brews between Russia and Ukraine. Concerns about Russia’s escal...
Stock futures inch higher after S&P 500 closes in correction
U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts ...
Tesla and EPA reach a settlement after Clean Air Act violations
An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla has reached a settlement agreement with the U.S. Envi...
Covid infections plummet 90% from U.S. pandemic high, states lift mask mandates
A resident receives a Covid-19 swab test during a mobile clinic at Saint Paul MB Church in Cleveland, Mississippi, on Saturday, Jan. 8, 2022. Rory Doyle | Bloomberg | Getty Images U.S. health official...
Home Depot, Tempur Sealy, SoFi, Houghton Mifflin and more
People shop at a home improvement store in Bethesda, Maryland, on February 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Home Depot — S...
Home Depot wants to win home professionals’ bigger orders
A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot’s next CEO Te...
Consumers lost $5.8 billion to fraud last year — up 70% over 2020
krisanapong detraphiphat | Moment | Getty Images American consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), the Federal ...
Airbus plans to test hydrogen engine on A380 jumbo jet to fly in 2026
Airbus hydrogen A380 demonstrator Airbus hydrogen A380 demonstrator Airbus said it plans to test a hydrogen-powered engine on a modified A380 by the middle of the decade, in hopes of bringing lower-em...
Don’t panic. How to control emotions during stock market volatility
Peopleimages | Istock | Getty Images The ups and downs of the stock market may have you tempted to make changes to your portfolio. Yet time and again experts will tell you to never let emotions drive ...
The end of 3G networks is a problem for millions of car owners
The planned shutdown of outdated 3G networks will affect the connected systems of dozens of vehicle models that hit the market anytime from 2010 to as recently as 2021, in some cases. Dusan Petkovic |...
Fatburger parent’s stock craters after company discloses investigation into CEO
Pakistani customers eat at a Fatburger outlet in Karachi, Pakistan. Rizwan Tabassum | AFP | Getty Images Shares of Fat Brands cratered more than 20% on Tuesday morning after the Fatburger and Johnny R...
Peloton hit by major outage, company says it’s investigating the issue
A Peloton store in Walnut Creek, California, U.S., on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Peloton on Tuesday suffered a major outage that meant at least some users were ...
Here’s why Macy’s isn’t splitting its online business from its stores
Macy’s isn’t breaking up after all. On Tuesday, the department store chain affirmed that it will forge ahead as one retailer, despite pressure from activist Jana Partners to split into two...
Toyota commissions Yamaha Motor to develop hydrogen-fueled engine
A Yamaha Motor Co., V8 hydrogen engine displayed in Japan, on Saturday, Nov. 13, 2021. Toru Hanai | Bloomberg | Getty Images Toyota has commissioned Yamaha Motor to develop a hydrogen-fueled engine, w...
Macy’s (M) reports Q4 2021 earnings beat
People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City. Angela Weiss | AFP | Getty Images Macy’s on Tuesday reported fiscal fourth-quarter earnings and sale...
Krispy Kreme reports first quarterly profit since going public
Krispy Kreme on Tuesday reported its first quarterly profit since going public again but fell short of Wall Street’s expectations for its earnings. Shares of the doughnut company rose nearly 2% ...
Home Depot, Macy’s, Medtronic and others
Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer’s stock rose 1% in the premarket after its quarterly profit and revenue beat Wall Street...
Home Depot (HD) earnings Q4 2021
A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Home Depot on Tuesday said sales grew 11% in the fiscal fourth-qu...
China’s finance ministry on tax breaks, spending on homegrown tech
A worker in a dust-proof suit controls an LED epitaxy chip production line at a semiconductor workshop in Nanchang, Jiangxi Province, on Jan. 26, 2022. Future Publishing | Future Publishing | Getty Im...
Bitcoin (BTC) sinks on mounting Russia-Ukraine tensions
A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Digital currencies took a beating Tuesday as geopolitic...
Walmart debuts fashion designer Brandon Maxwell’s first spring collection
Walmart is debuting the spring collection of Free Assembly, created by fashion designer Brandon Maxwell. Walmart As shoppers get ready for spring, Walmart is debuting new fashion-forward apparel to tr...
Credit Suisse faces fresh scrutiny over culture after client data leaks
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters LONDON — Credit Suisse is facing fresh scrutiny from Swiss regulators an...
Singapore hopes to ease Covid measures after omicron peaks: Lawrence Wong
SINGAPORE — Singapore’s Finance Minister Lawrence Wong said the country is “quietly confident” about handling the highly transmissible omicron variant, despite the recent surge in Co...
Dow futures drop more than 400 points as tensions between Russia and Ukraine brew
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., February 15, 2022. Brendan McDermid | Reuters Stock futures fell sharply on Monday night, as traders continue to...