Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2...
Tag: business news
Chinese players axed from top snooker tournament over match-fixing crisis
YORK, UK – Nov 12, 2022: Zhao Xintong of China competes during the first round match against Sam Craigie of England at 2022 UK Snooker Championship in York. Zhai Zheng/Xinhua via Getty Images LO...
2022 U.S. auto sales are worst in more than a decade
New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a dec...
Saudi Arabia’s new love for soccer could cause ripple effects
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Footb...
Sell-offs hit UK equity funds hardest in 2022 as ESG gained
People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district. U.K.-focused equity funds saw record outflows in 2022. Sopa Images | Lightrocket | Getty Imag...
China’s big cities are starting to look past Covid, while rural areas brace for infections
Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Pictured here is a subway car in the city on Jan. 4, 2023. Hugo Hu | Gett...
Andretti joins forces with General Motors for Cadillac Formula 1 entry bid
Michael Andretti, team owner of Walkinshaw Andretti United, looks on during qualifying for Supercars Adelaide 500 on March 2, 2018 in Adelaide, Australia. Daniel Kalisz | Getty Images Sport | Getty Im...
Ram previews new electric pickup to rival Ford, Rivian
Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging se...
Chart Industries is not a buy
Carvana Co: “I do not want you in Carvana. I have disliked this stock for ages, and I reiterate that I still dislike it.” Chart Industries Inc: “This is not the time to go into a rea...
Jim Cramer says he likes these 5 Nasdaq stocks for 2023
CNBC’s Jim Cramer on Thursday gave investors a list of stocks that he believes could be worthwhile additions to investors’ portfolios. All of his picks are listed in the Nasdaq Composite. ...
Constellation Brands CEO hints stock buyback could be on the horizon
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands̵...
Jim Cramer says market pain is needed to prevent endless price hikes
CNBC’s Jim Cramer on Thursday reminded investors that pain in the stock market is unfortunately necessary for the Federal Reserve to win against inflation. “Nobody wants to root for layoff...
BofA’s Rick Sherlund predicts software comeback
Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is to weather the u...
Silvergate, Bed Bath & Beyond, Walgreens and more
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Silvergate — Shares ...
Vince McMahon stages WWE comeback
Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N....
Roku CEO explains why the company is launching its own line of TVs
Roku is counting on its growing consumer base beyond 70 million customers as it launches its own line of televisions, CEO Anthony Wood told CNBC on Thursday. The streaming company unveiled its new lin...
South Carolina Supreme Court overturns state abortion ban
The South Carolina Supreme Court on Thursday overturned the state’s ban on abortion after around six weeks of pregnancy, ruling that the law violated the state’s constitutional right to pr...
Walgreens may have overstated theft concerns, CFO says
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A top Walgreens executive on Thursday ...
Constellation Brands (STZ) Q3 earnings
A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Br...
Bed Bath & Beyond warns of potential bankruptcy
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond warned Thursday it’s running out of cash and is cons...
Stitch Fix CEO steps down, 20% of salaried workforce to be cut
Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of its salaried workforce and she will reassume her post ...
Jim Cramer’s Investing Club meeting Thursday: Avoid expensive stocks
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 Thursday’s key moments. Avoid expensive stocks St...
Which states will build the most EV batteries in 2030?
Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National Lab Georgia, K...
CVS and Walgreens will sell mifepristone in pharmacies
Mifepristone (Mifeprex), one of the two drugs used in a medication abortion, is displayed at the Women’s Reproductive Clinic, which provides legal medication abortion services, in Santa Teresa, ...
Ford pickup truck sales in December help narrow overall sales decline
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor narrowed its U.S. sales loss last year to 2.2%, as the automaker notably increased sales of its F-Series pickups to end 2022 with a slight ...
New York AG accuses Celsius ex-CEO of defrauding crypto investors
Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022. Benjamin Girette | Bloomberg | Getty...
Walgreens Boots Alliance (WBA) Q1 earnings 2023
Walgreens Boots Alliance on Thursday reported fiscal first-quarter earnings that beat Wall Street’s estimates after an early flu season boosted demand for cough and cold medicine. The company sa...
Amazon’s Alexa will soon help EV drivers find a charger
Alexa for EV charging Source: Amazon Amazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle drivers’ biggest worries: finding a charging stati...
Online sales jump 3.5%, boosted by discounts
D3sign | Moment | Getty Images Online sales during the holiday season jumped 3.5% year over year to $211.7 billion, according to Adobe Analytics, as record high discounts persuaded shoppers to open up...