Pieter van der Does, chief executive officer of Adyen. Simon Dawson | Bloomberg | Getty Images Dutch payments processor Adyen reported a 51% jump in core earnings in the first half of 2021, topping ex...
Tag: business news
Why Nissan is moving from the internal combustion engine in Europe
The chief operating officer of Nissan has spoken to CNBC about why his company has decided to move away from the development of new internal combustion engines in Europe once a tougher set of emission...
Tesla owns service centers: Pros and cons
Tesla is known for sparking an electric vehicle revolution. It’s also brought services to customers, like mobile repairs and over-the-air tune-ups, that were once reserved for only the most elit...
Why the U.S. is facing a paint shortage
Demand for raw materials in the paint industry soared over the pandemic as quarantined consumers took to DIY projects and home improvement. But supply just couldn’t keep up. “The raw-mater...
Super Bowl is in line to have the hugest audience yet: PredictHQ
Cincinnati Bengals quarterback Joe Burrow (9) (L) and Los Angeles Rams Quarterback Matthew Stafford (9). Getty Images The 2022 Super Bowl between the Cincinnati Bengals and the Los Angeles Rams is pro...
These ‘money disorders’ may be contributing to your growing debt
The average American has $90,460 of debt. Experts say a significant amount of this can be explained by what they call “money disorders.” Money disorders is an umbrella term for recurring a...
Pfizer CEO says chances are ‘very high’ FDA will approve low-dose Covid shots for kids under 5
Pfizer CEO Albert Bourla on Tuesday said he believes the Food and Drug Administration will authorize the company’s Covid vaccine for children under 5 years old under a fast-track process that al...
Return-to-office will boost demand for personal care items
Edgewell Personal Care CEO Rod Little told CNBC on Tuesday he expects demand for the company’s care and grooming products to increase in the coming months, as the intensity of the coronavirus pa...
Army’s climate plan will slash emissions, build electric vehicle fleet
Secretary of the Army Christine Wormuth testifies before the House Armed Services Committee about the FY2022 defense budget request in the Rayburn House Office Building on Capitol Hill, June 29, 2021 ...
Stock futures gain slightly with more big earnings ahead
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures ...
Los Angeles Dodgers pitcher Trevor Bauer won’t be charged in sex attack case
Prosecutors said Tuesday that they will not criminally charge Los Angeles Dodgers superstar pitcher Trevor Bauer for an alleged brutal sexual attack on a woman last year at his home. The L.A. District...
WHO says new omicron BA.2 subvariant will rise globally
RT: Maria Van Kerkhove, Head a.i. Emerging Diseases and Zoonosis at the World Health Organization (WHO), speaks during a news conference on the situation of the coronavirus at the United Nations in Ge...
Chipotle, Lyft, Enphase Energy and more
Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the com...
Chipotle Mexican Grill (CMG) Q4 2021 earnings beat
A customer carries a Chipotle bag in front of a restaurant in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday r...
Toyota U.S. sales chief says win over GM ‘not sustainable,’ but expects bet on EVs to pay off
Toyota is making big bets on hybrids and electric vehicles after dethroning General Motors as America’s top automaker. “What we are still seeing today is that many consumers that are in th...
Peloton founder John Foley’s mea culpa, says recent events are ‘humbling’
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton founder John Foley, who is on the way out the door a...
Johnson & Johnson plant pauses Covid vaccine production, report says
Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images The only Johnson & Johnson facility currently making usable batches of the companyR...
Oscar nominations 2022: 10 snubs and surprises
Lady Gaga stars as Patrizia Reggiani in “House of Gucci.” Metro-Goldwyn-Mayer Pictures While “Power of the Dog,” “Dune,” “West Side Story” and “Be...
Peloton, Harley-Davidson, Pfizer, Chegg and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making h...
Probes, executive upheaval continue to tank SPAC-backed EV start-ups
Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors. “We have no lawsuits; no ...
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
Michael Lewis, three decades after ‘Liar’s Poker,’ says Wall Street is worse in some ways
Michael Lewis Adam Jeffery | CNBC When a 27-year-old Michael Lewis put his head down to write “Liar’s Poker” — the book that ultimately put him on best-selling lists and launched his...
New Alfa Romeo SUV equipped with NFT, blockchain technology
2023 Alfa Romeo Tonale Alfa Romeo Italian auto brand Alfa Romeo is bringing NFTs, which recently rose to popularity in digital art, to its new Tonale SUV, the company said Tuesday for the vehicle̵...
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace. Average hourly earnings jumped 0.7% in January and are no...
American Express launches its first digital checking account for rewards-hungry consumers
American Express Rewards Checking Source: American Express American Express, known for its array of perks-laden cards, is jumping into the highly competitive arena of digital checking accounts. The co...