The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the compa...
Tag: business news
Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fis...
Peacock losses to peak this year as it slowly adds subscribers
The NBCUniversal Inc. Peacock streaming service is displayed on a laptop computer in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Monday, April 20, 2020. Gabby Jones | Bl...
How AI can detect heart attack risk and outsmart No. 1 killer in US
Heart disease is the nation’s No. 1 killer, reaching into all communities across income, race, gender and geography. It takes a disproportionate toll on minority populations and women, but one c...
Bank earnings are in. Wells Fargo, Morgan Stanley still our favorites
With all the major investment and money center banks having now reported fiscal fourth-quarter earnings, we compiled the results to compare how our Club holdings, Wells Fargo (WFC) and Morgan Stanley ...
Skinamarink makes big money at the box office on tiny budget
A still promo for the film Skinamarink. Coutesy: Bayview Entertainment Experimental horror film “Skinamarink” has been all the buzz on social media for months — and now it’s a sleepe...
Here’s why your tax refund may be smaller this year
Bill Oxford | E+ | Getty Images If you’re banking on a tax refund, it may be “somewhat lower” than last year’s payment, according to the IRS. Typically, you can expect a federa...
Walmart-owned Sam’s Club plans to open new stores
Shoppers stock up on merchandise at a Sam’s Club store in Streamwood, Illinois. Scott Olson | Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores i...
Chipotle hiring 15,000 restaurant workers ahead of busy spring months
A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill is seeking to hire 15,000 re...
Southwest, Tesla, Las Vegas Sands
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois. Luke Sharrett | Bloomberg | Getty Images Check out the companies m...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and servic...
American Airlines (AAL) earnings Q4 2022
Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourt...
Southwest Airlines (LUV) earnings Q4 2022
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Ag...
Comcast (CMCSA) 4Q22 earnings
Comcast on Thursday reported fourth quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock...
China’s Covid wave drives up consumer interest in health insurance
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estima...
DOT is probing whether Southwest’s schedules were ‘unrealistic’ during holiday meltdown
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images The Transportation Department said W...
Jim Cramer reminds investors to maintain a diversified portfolio
CNBC’s Jim Cramer on Wednesday told investors that diversification remains key to keeping a successful portfolio. “I can’t say a diversified portfolio is bulletproof. But I can say t...
Southwest CEO maps out a recovery after holiday meltdown
Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Bal...
Jim Cramer picks his standout stocks in 4 bull market industries
CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way...
‘Rick and Morty’ co-creator Justin Roiland out at Hulu, Adult Swim
Justin Roiland visits the #IMDboat at San Diego Comic-Con 2022. Michael Kovac | Getty Images Entertainment companies are cutting ties with “Rick and Morty” co-creator and star Justin Roila...
Biden restores protections for Alaska’s Tongass National Forest
Part of Tongass National Forest Urbanglimpses | Istock | Getty Images The Biden administration on Wednesday announced it’s reinstating restrictions on logging and road-building on about nine mil...
Levi Strauss Co (LEVI) Q4 earnings 2022
A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss on Wednesday posted earnings and revenue that topped Wall StreetR...
Tesla’s price cuts could spur an EV pricing war
A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts...
Letitia James presses MSG over facial recognition tech
State Attorney General Letitia James speaks during Martin Luther King Jr. Day at National Action Network House of Justice Headquarters. Lev Radin | Lightrocket | Getty Images New York Attorney General...
AT&T subscriber growth tops analyst expectations, stock jumps
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall St...
GenBioPro sues West Virginia, argues FDA preempts ban
Abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The l...
Senators slam Live Nation over Ticketmaster’s dominance
The Senate Judiciary Committee slammed concert giant Live Nation on Tuesday, calling on activists and artists to speak to competition in the ticketing industry following a botched sale of Taylor Swift...
The $7,500 EV tax credit may be tougher to get starting in March
Maskot | Maskot | Getty Images Getting a $7,500 tax break for the purchase of a new electric vehicle will likely get harder in a few months — meaning prospective buyers who want the financial incentiv...
Jim Cramer’s Investing Club meeting Wednesday: Microsoft, P&G
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Don’t buy the Micr...