A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen. Artur Widak | NurPhoto | Getty Images Coca-Cola on Thursday reported quarterly earnings and revenue that topped analysts’ e...
Tag: business news
PepsiCo (PEP) Q4 2021 earnings
In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and ...
Biden rolls out $5 billion to states for electric vehicle chargers
President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. Evan Vucci | AP The Biden administration this week r...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
Australia, New Zealand, Bali, Malaysia, Philippines reopen for travel
Another day — another border reopens. In the past two weeks, a slew of countries announced plans to reopen or relax border restrictions. This includes places that have maintained some of the str...
Schwarzenegger, Hayek star as retired Greek gods
Arnold Schwarzenegger and Salma Hayek Pinault star as the Greek gods Zeus and Hera for BMW’s new Super Bowl ad for the iX electric SUV. BMW Arnold Schwarzenegger and Salma Hayek Pinault star as ...
SpaceX losing Starlink satellites due to geomagnetic space storm
A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX Elon Musk’s SpaceX expects to lose nearly an entire launch’s worth of Starlink satellites after a sto...
Stock futures rise slightly ahead of key inflation data
U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 79 points, or 0.2%. S&P 500 futures added 0.0...
Elon Musk’s Tesla helped make EVs ‘possible in America’
Transportation Secretary Pete Buttigieg on Wednesday recognized Tesla as a pioneer of electric vehicle manufacturing in the U.S. “We admire the range of American companies that have innovated, i...
Why solar geomagnetic storms destroy satellites like SpaceX Starlink
Left: A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. Right: An April 16, 2012 solar eruption is captured by NASA’s Solar Dynamics Observatory. SpaceX / NASA The s...
Disney, Uber, Mattel and more
General views of the Mickey Mouse Ferris Wheel at Disney California Adventure Park at the Disneyland Resort, which has reopened for outdoor dining and shopping on April 11, 2021 in Anaheim, California...
Peloton CEO’s first all-hands meeting cut short as ex-staff crash it
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton held a virtual all-hands meeting Wednesday that was ...
New York Gov. Hochul expected to lift indoor mask mandate
[The stream is slated to start at 11:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Kathy Hochul is expected to drop the state’s strict indoor ...
Financial anxiety is high. Why financial planners may miss the signs
The Covid-19 pandemic has made it difficult for people to answer big questions about their futures, and many financial planners are underestimating the financial anxiety that is causing, according to ...
Booking.com taps Idris Elba in ad kickoff
Battered by the pandemic, the travel industry is looking to better days ahead, with Super Bowl ads and consumer giveaways aimed at coaxing travelers to book long-delayed trips. Booking.com is reviving...
University of Michigan provost named as next head of the Boston Fed
The Federal Reserve Bank of Boston today announced that Dr. Susan M. Collins will be its next president, CEO. Courtesy: Federal Reserve Bank of Boston. The Boston Federal Reserve, which is heading the...
Growing sales as Covid vaccine demand fades
CVS Health will face a new challenge in the coming year: proving to investors it can drive growth and retain customers, even as demand for Covid vaccines and testing fades. Shares were down more than ...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
Small towns fuel Chipotle’s ambitious North American expansion plans
A woman wearing a facemas exits a Chipotle Mexican Grill restaurant with her takeout order on January 14, 2021 in Monterey Park, California. Frederic J. Brown | AFP | Getty Images Small towns like big...
CVS, Enphase Energy, Chipotle, Lyft and more
Customers shop at the CVS Pharmacy, on Morrissey Boulevard, in Dorchester, on April 2, 2020. Some pharmacy workers worry about unsafe conditions at their stores. Pat Greenhouse | Boston Globe | Getty ...
New York state lifts indoor mask mandate as surge in omicron cases subsides
A person wearing a face mask leaves a store on January 26, 2022 in New York City. Angela Weiss | AFP | Getty Images New York is dropping its strict indoor mask mandate as the surge in Covid-19 cases a...
CDC tells health officials to expect first shipments of young kids’ Covid shots by Feb. 21
A healthcare worker prepares to administer Pfizer-BioNTech COVID-19 vaccines at an elementary school vaccination site for children ages 5 to 11-year-old in Miami, Florida, U.S., on Monday, Nov. 22, 20...
Serena Williams to star in Tonal ad targeting women
Tonal, known for its $2,995 at-home gym, is using a Super Bowl ad to make a point to women that they can use strength training equipment just like men. A new campaign starring tennis champion Serena W...
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Christopher Dilts | Bloomberg | Getty Images Atlanta Federal Reserve President Raphael Bostic said Wednesd...
Yum Brands (YUM) Q4 2021 earnings miss estimates
Customers wearing Taco Bell foam taco hats exit the company’s restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand. Brent Lewin | Bloomberg | Getty Images Yum Brands on Wednesday reported...
Homebuyer demand for mortgages drops 10%
A sign advertising an open house in Corona Del Mar, California. Scott Mlyn | CNBC Mortgage rates have been rising since the start of the year, but buyers at first seemed unfazed, some even rushing to ...
CVS Health (CVS) Q4 2021 earnings beat expectations
A teen receives her Pfizer Covid-19 booster at a CVS pharmacy in New York City on Jan. 20th, 2022. Adam Jeffery | CNBC CVS Health said Wednesday that demand for at-home Covid tests and booster shots l...