Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nish...
Tag: business news
‘Too much good news to ignore’ drove Tuesday’s market rally
CNBC’s Jim Cramer said that Tuesday’s stock market rally was made possible by cooling bond yields and favorable commentary from Federal Reserve Chairman Jerome Powell. “Sometimes, th...
Charts suggest the Nasdaq 100 is still in tough technical spot
The Nasdaq 100 still faces an uncertain near-term outlook despite its intraday turnaround Monday and additional gains Tuesday, CNBC’s Jim Cramer said, leaning on technical analysis from Carolyn ...
Boeing 2021 airplane deliveries surged, led by return of 737 Max, but were still behind Airbus
FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing’s sales and deliveries of new planes surged last...
Sen. Paul’s accusations ‘kindles the crazies,’ incited death threats
U.S. infectious disease expert Dr. Anthony Fauci called out Republican Sen. Rand Paul during a congressional hearing Tuesday, accusing the lawmaker of spreading bad information and inciting death thre...
Weather disasters cost $145 billion last year in the U.S., says NOAA
Alonzo Lewis rescues items from his mother’s home after it was destroyed by Hurricane Ida on August 30, 2021 in Laplace, Louisiana. Ida made landfall August 29 as a category 4 storm southwest of...
Covid cases on cruise ships surged 30-fold in two weeks
Dr. Rochelle Walensky, director of Centers for Disease Control and Prevention testifies during a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the ...
Illumina, Rivian, Juniper Networks and more
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting strong demand for its gen...
Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds. In an announceme...
Here’s how to make sure a Covid test you buy online isn’t fake
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out o...
Retailers see staffing challenges as omicron rages, sales taking a hit
A “now hiring” sign is posted on an Urban Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Retail executives presenting at the virtual ICR Conference this we...
Empty grocery shelves return as sick employees, supply chain delays collide
Bread aisle shelves at a Target are seen nearly empty as the U.S. continues to experience supply chain disruptions in Washington, U.S., January 9, 2022. Sarah Silbiger | Reuters Empty shelves have ret...
Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
France reports new Covid infection record with omicron spreading
Emmanuel Macron, France’s president, removes his face mask during a news conference. Bloomberg | Bloomberg | Getty Images France saw its Covid-19 infection rate hit a new record on Tuesday as th...
Fintech start-up MX names new CEO as firm prepares for sale or IPO
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC ha...
U.S. sets fresh records for Covid hospitalizations and cases with 1.5 million new infections
Medical staff treat coronavirus disease (COVID-19) patient Frank Clark in his room on an isolated medical unit floor at Western Reserve Hospital in Cuyahoga Falls, Ohio, U.S., January 5, 2022. Shannon...
General Electric, Rivian, Illumina and more
Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day after the biotechnology co...
Supreme Court Justice Neil Gorsuch has no mask despite Covid spike
Associate Justice Neil Gorsuch poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. Erin Schaff | Pool | Reuters One of these justices is not like the others....
Drs. Fauci, Walensky testify before Senate on U.S. omicron response
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] The top health leaders in the U.S. will testify before the Senate on Tuesday about...
Watch Fed Chair Jerome Powell testify live at his Senate confirmation hearing
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking...
More than half of Europe will be infected with omicron in the next 2 months: WHO
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 LONDON — Mor...
United cuts flights as about 3,000 workers call out sick from Covid
Travelers push their luggage past baggage claim inside the United Airlines terminal at Los Angeles International Airport (LAX) during the holiday season as the coronavirus disease (COVID-19) Omicron v...
Russell Wilson, Ciara’s House of LR&C is opening its first pop-up store
A fashion start-up co-founded by singer and entertainer Ciara, NFL quarterback Russell Wilson and former Lululemon CEO Christine Day is preparing to open its first brick-and-mortar shop. The House of ...
CVS Health raises 2021 earnings outlook, backs 2022 forecast
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images CVS Health said Tuesda...
Covid vaccine programs could end with third dose, Israeli doctor says
An Israeli nurse receives a fourth dose of the Pfizer-BioNTech COVID-19 coronavirus vaccine at the Sheba Medical Center in Ramat Gan near Tel Aviv, on December 27, 2021. Jack Guez | AFP | Getty Images...
Global travel will bounce back strongly despite omicron
International travel is likely to recover soon despite progress being slowed by the omicron variant, according to AirAsia chief executive Tony Fernandes. “I do believe that we’re at the be...
Shimao says it’s in talks for property sales to help with debt problems
An elderly couple walk past a sign in front of Shimao Tower, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Chi...