A nurse prepares a syringe with a dose of the Moderna coronavirus disease (COVID-19) vaccine at Enfermera Isabel Zendal hospital in Madrid, Spain, July 23, 2021. Juan Medina | Reuters Moderna CEO Step...
Tag: business news
Hedge funds are selling tech shares at their fastest pace in a decade as rates spike
Surging bond yields have triggered hedge funds to sell growth-focused technology shares at a speed not seen in the past decade. The hedge fund community dumped tech stocks in the four sessions between...
Cramer says it’s too early to buy aggressively after rough 2022 start
CNBC’s Jim Cramer said Thursday he believes the stock market has yet to reach a true “investable bottom,” as Wall Street gets off to a choppy 2022. “That doesn’t mean you...
Stock futures inch higher ahead of key jobs report
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s key jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 65 points....
Starlink internet service has more than 145,000 users so far
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the com...
Stocks making the biggest moves after hours: GameStop & more
A mall visitor walks be a GameStop store on December 08, 2021 in San Rafael, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shar...
Lululemon taps former Amazon exec as new CEO of its at-home gym Mirror
Michael Aragon previously served the role of chief content officer of Twitch, Amazon’s livestreaming business. Source: Lululemon Lululemon said Thursday it has named former Amazon exec Michael A...
The Fed is scaring markets with the triple threat of policy tightening
A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Investors have been prep...
Coca-Cola and Constellation Brands team up to create alcoholic Fresca cocktails
Bottles of Coca-Cola Co. Fresca brand soda move along a conveyor belt at the Swire Coca-Cola bottling plant in West Valley City, Utah, U.S., on Friday, April 19, 2019. George Frey | Bloomberg | Getty ...
Walgreens, Bed Bath & Beyond, Conagra and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator’s shares gained 2.9% in the premarket, after beating estimates on both the top and bottom line...
Former New York Mets GM Zack Scott not guilty in DWI case that cost job
New York Mets general manager Zack Scott is on the field before the game between the New York Mets and the Chicago Cubs at Citi Field on June 16, 2021 in the Flushing neighborhood of the Queens boroug...
Rivian, Allbirds, Humana and more
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Here are the stocks making headline...
It’s ‘a killer of people and jobs’
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus speaks during a press conference on December 20, 2021 at the WHO headquarters in Geneva. Fabrice Coffrini | AFP | Getty Imag...
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Americans overspent during the holidays, increasing credit card debt
By many measures, 2021 saw a record-spending holiday season despite ongoing supply chain problems, inflation and a new Covid-19 variant. Holiday sales are on track to grow as much as 11.5% over 2020, ...
A map of where the stores are
Macy’s has released a list of the handful of department stores that it plans to close this year. It includes six full-line department stores, a Bloomingdale’s outlet store, and a Macy̵...
Taco Bell launches taco-a-day subscription program nationwide to drive visits
A Taco Bell restaurant stands along a Queens street on July 21, 2021 in New York City. Spencer Platt | Getty Images Taco Bell is launching a taco-a-day subscription program nationwide Thursday to driv...
Bentley reports a second consecutive year of record sales in 2021
A Bentley PHEV Mulliner car is displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai...
Bed Bath & Beyond (BBBY) reports Q3 2021 earnings miss
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond shares tumbled nearly 10% in pr...
Walgreens Boots Alliance (WBA) Q1 2022 earnings
A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday exceeded analysts...
Here are top 22 global travel hot spots with ‘cheap’ airfares for 2022
The Canadian province of Alberta came in at No. 5 for cheap flights thanks to low average airfares to and from Calgary. AJ_Watt | E+ | Getty Images So you haven’t taken a vacation to a long-haul...
Small theaters, promoters fighting to qualify for Covid relief
Like many community playhouses around the country, the Studio Theatre shuttered its doors in March 2020 for coronavirus pandemic and did not fully reopen for more than a year. The sales the Little Roc...
Commissioner on omicron cases, impact on Mumbai hospitals
People crowd not following social distancing norms amid Covid-19 pandemic at Juhu Beach, on January 2, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty Images India’s financial hub...
Novak Djokovic’s vaccine exemption entry into Australia delayed
Novak Djokovic’s entry into Australia on a vaccine exemption has been delayed due to issues with the visa he and his team submitted. Having landed in Melbourne, the 20-time grand slam winner was...
Which countries are on track to meet the WHO Covid vaccination target?
A health worker prepares Pfizer vaccine boosters for clients on December 01, 2021 in Sydney, Australia. Lisa Maree Williams | Getty Images The U.S. is among the countries projected to miss the WHOR...
Grammy Awards postponed indefinitely amid omicron-fueled Covid surge
Kurt Krieger – Corbis | Corbis Entertainment | Getty Images The 64th annual Grammy Awards show has been postponed indefinitely amid a resurgence of Covid cases, fueled by the omicron variant. &#...
Peloton earnings could disappoint investors, analysts say
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton’...
What will be shut down starting Jan 7
Transparent barriers enforcing social distancing measures are seen on tables at a restaurant in Hong Kong, on Tuesday, April 21, 2020. Roy Liu | Bloomberg via Getty Images From bars and pubs to sports...