Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ fo...
Tag: business news
Elon Musk’s SpaceX to split its private stock 10-for-1
A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Mus...
Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies
Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulation...
My kids won’t wear Covid masks in school when mandate lifts later this month
Dr. Scott Gottlieb told CNBC on Friday his children “won’t be wearing a mask” when their local school district’s Covid face-covering mandate lifts later this month. “If i...
Walt Disney World increases prices for multiday, Park Hopper tickets
A guest takes a selfie at Magic Kingdom Park at Walt Disney World Resort on July 11, 2020. (Photo by Olga Thompson/Walt Disney World Resort via Getty Images) Walt Disney World Resort is raising ticket...
GM discontinues once-promising Marketplace app that allowed you to shop while driving
GM is ending its in-vehicle “Marketplace” app that allowed drivers to order and pay for goods and services such as gasoline or coffee through their vehicle. GM DETROIT – General Motors is ...
Ford shares pop on report of potential spinoff of EV business
Ford CEO Jim Farley speaks with reporters outside the company’s world headquarters on May 19 in Dearborn, Michigan, following the debut of the electric F-150 Lightning pickup truck Michael Wayla...
Mattel unveils its strategy for its next leg of growth
Mattel Barbie brand dolls are arranged for a photograph in Tiskilwa, Illinois, U.S., on Monday, April 16, 2018. Bloomberg | Getty Images With its toy business on better footing, Mattel said Friday it ...
DraftKings, Roku, Deere and others
Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss a...
This tech company let its HR manager take 3 months’ paid leave to hike
Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like re...
Museums are in a race to save America’s treasures from climate change
The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structu...
Chamath Palihapitiya steps down from Virgin Galactic board
Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced ...
Is it safe to travel if I’m vaccinated and recovered from Covid
Millions of people are now vaccinated, boosted and newly recovered from Covid-19 infections caused by the omicron variant. They have what some outside the medical community have labeled “super i...
Hong Kong expert on healthcare system amid surging Covid cases
Patients lie in hospital beds waiting for medical treatment at a temporary shelter outside the Caritas Medical Center in Hong Kong, China, on February 16, 2022. Leung Man Hei | NurPhoto | Getty Images...
Xi calls for more tech laws, signals more regulation ahead
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | ...
Roku, Shake Shack, Sunrun & more
The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the compani...
Where one of UnitedHealth’s first tech start-up acquisitions is today
Bloomberg | Bloomberg | Getty Images In 2010, Grant Verstandig founded Audax Health with a vision of putting more power in the hands of the health-care consumer and creating a digital interface to enc...
Stock futures are flat after Dow suffers its worst day of the year
Traders on the floor of the NYSE, Feb. 17, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors du...
California lays out plan to live with Covid for the long-term, fight future surges and new variants
A COVID-19 testing location is shown set up on the sidewalk in downtown Los Angeles, California, November, 16, 2021. Mike Blake | Reuters California on Thursday laid out a plan that manage Covid as a ...
Marine Reservist charged in Jan. 6 Capitol riot sold fake Covid cards, feds say
A stack of COVID-19 Vaccination Record Cards from the CDC. Ben Hasty | MediaNews Group | Getty Images A U.S. Marine Corps Reservist from New York who previously was arrested on charges related to part...
Ranks of these investors are poised for fast growth in coming decade
Prasit photo | Moment | Getty Images The U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain segments of the investor population are position...
DoorDash, Hasbro, Palantir, Walmart and more
The board game Monopoly by toymaker Hasbro at a toy store in New York City. Getty Images Check out the companies making headlines in midday trading Thursday. DoorDash — Shares of DoorDash jumped more ...
Fed’s Bullard says inflation ‘could get out of control’ so action is needed now
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even m...
Bezos’ Blue Origin building more space tourism rockets: CEO
A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launc...
Cathie Wood says her innovation stocks are ‘way undervalued’ and recent fund losses temporary
Cathie Wood of Ark Invest said Thursday the technology companies in her innovation-focused portfolio are drastically undervalued, and she believes that her fund’s recent sell-off is short-lived....
Airbus CEO says hydrogen plane is ‘the ultimate solution’
A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges...
Walmart says shoppers are on alert as grocery bills climb
A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart Chief Financial Officer Brett Biggs said shoppers aren̵...
Goldman CEO David Solomon raises financial targets, takes victory lap after crushing 2020 goals
David Solomon of Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs CEO David Solomon took a moment to bask in his firm’s recent performance before raising the company’s ...
Tesla CEO Musk accuses SEC of calculated effort to ‘chill’ his right to free speech
Elon Musk, chief executive officer of Tesla Inc., waves while departing court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images T...