Farmer Oluranti Adeboye, 62, harvests cocoa at Sofolu village in Ogun State, southwestern Nigeria, on June 5, 2018. Pius Utomi Ekpei | AFP | Getty Images The cocoa industry faces urgent challenges. It...
Tag: business news
Lowe’s will open mini Petco shops inside some stores
Lowe’s is opening Petco shops inside of some of its stores as part of a pilot program. It plans to open the first one in Texas in February. Source: Petco Lowe’s will soon test a new offeri...
Antonio Brown considers suing Buccaneers following his release
Tampa Bay Buccaneers wide receiver Antonio Brown (81) walks the field prior to the National Football League game between the New York Jets and the Tampa Bay Buccaneers on January 2, 2022 at MetLife St...
Callon Petroleum has more upside ahead
ArcBest: “I like trucking. I like ArcBest, but you know what, we did that really good compare last night of Union Pacific versus CSX, and Union Pacific’s intermodal business is really good...
CDC says ‘milder doesn’t mean mild’ amid Covid hospitalization spike
Dr. Rochelle Walensky, director of Centers for Disease Control and Prevention attends a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavir...
China’s Baidu, Geely put nearly $400 million into electric car venture Jidu
An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...
Stock futures rise as investors assess Fed update
Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City. Spencer Platt | Getty Images Stock futures rose on Wednesday night after Federal Reserve chairman ...
Moderna starts clinical trial of booster shot targeting omicron Covid variant
A healthcare worker fills a syringe with Moderna COVID-19 vaccine at the Giorgio Companies site in Blandon, PA where the CATE Mobile Vaccination Unit was onsite to administer Moderna COVID-19 Vaccines...
Tesla, Netflix, LendingClub and more
The Tesla dealership in Eatonville, Florida is seen on March 1, 2019, the day after Tesla announced that it was closing its retail stores as a cost-cutting measure, in a shift to on-line only sales. P...
Boom Supersonic picks North Carolina to build, test ultra-fast planes
A rendering of Boom Supersonic’s Overture jet. Boom Supersonic Boom Supersonic, which is developing ultra-fast airplanes it believes will lead to the return of commercial supersonic flights, has...
New York Rangers star Henrik Lundqvist reflects on career ahead of jersey retirement
J.T. Brown #23 of the Tampa Bay Lightning skates into goalie Henrik Lundqvist #30 of the New York Rangers during the second period in Game Six of the Eastern Conference Final during the 2015 NHL Stanl...
Diversity among financial planners improved in 2021 — but it still lags
The Good Brigade | DigitalVision | Getty Images Diversity among financial planners improved in 2021 though the industry remains one that leans heavily toward white men, according to statistics issued ...
Tesla (TSLA) earnings Q4 2021
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla repor...
Here’s why new parents may qualify for another $1,400 stimulus check
Marko Geber | DigitalVision | Getty Images The IRS has issued all third-round stimulus payments to eligible Americans, the agency said Wednesday. However, new parents and other recipients who added de...
Los Angeles bans new oil and gas wells, will phase out old ones
A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020. Robyn Beck | AFP | Getty Images The Los Angeles City Council on Wednesday voted to ban new oil...
Federal Reserve statement January 2022: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 15. Text removed from the December sta...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
CFPB signals crackdown on hidden fees for banks, credit cards
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday signaled a broad crackdown on hidden a...
Boeing, AT&T, Mattel and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of is...
Mortgage refinance demand plunges 13% as interest rates climb
A home for sale in Susanville, CA. Gary Coronado | Los Angeles Times | Getty Images Rising interest rates are causing big headaches for mortgage lenders, especially those who depend most on refinance ...
Microsoft, Mattel, F5, DraftKings, Clorox and more
Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Corning — Shares of the tech and specialty glass company rallied more than 12% in...
Walmart-backed start-up is acquiring two fintech companies, Even and ONE
Black Friday shoppers walk out of Walmart with a full shopping cart on November 26, 2021 in Westminster, Colorado. Michael Ciaglo | Getty Images A financial technology start-up that Walmart created an...
Global oil benchmark tops $90 for the first time since 2014
An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the fir...
Wind energy faces tough 2022 as supply chain issues persist: Vestas
Vestas wind turbines photographed in North Rhine-Westphalia, Germany, on 19 September, 2021. Horst Galuschka | picture alliance | Getty Images The wind energy sector faces a rocky road ahead due to a ...
How AMC rode the meme stock rally to revitalize its business
The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images After a year of massive stock gains, AMC Entertainment shares are starting to cool ...
Boeing posts third annual loss in a row as Dreamliner costs hit $5.5 billion
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing hit a key milestone in...
McDonald’s McPlant burger made with Beyond Meat sold better than expected
McDonald’s McPlant Burger Courtesy: McDonald’s McDonald’s McPlant burger is more popular than initially expected, according to Piper Sandler analyst Michael Lavery. In December, part...
More than two-thirds of omicron cases are reinfections, study suggests
Members of the public queue for Covid-19 vaccinations and booster jabs at St Thomas’ Hospital on December 14, 2021 in London, England. Dan Kitwood | Getty Images News | Getty Images Omicron has ...
Powell’s Fed comments reinforced Cramer’s stance on quality companies
CNBC’s Jim Cramer said Wednesday he believes the current investing paradigm remains intact after Federal Reserve Chairman Jerome Powell’s comments on inflation and central bank policy earl...