Workers deice an Alaska Airlines plane during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images A...
Tag: business news
The NFL Sunday Ticket/YouTube deal is good for both the league and Alphabet
It’s official. The NFL’s Sunday Ticket is coming to Google-owned YouTube. The agreement is a strong one for both the league and Alphabet (GOOGL), the parent company of Google and a Club ho...
Biden urges Americans to travel early with a massive blizzard slated to hit the U.S.
President Joe Biden participates in a briefing on winter storms across the United States in the Oval Office of the White House, Thursday, Dec. 22, 2022, in Washington. Patrick Semansky | AP President ...
Jim Cramer’s Investing Club meeting Thursday: Estee Lauder, NFL deal
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. Buy EL before day-end We ...
What to make for Christmas dinner? It depends on where you live
People traveling abroad this Christmas may not find their favorite holiday food on the menu. That’s because traditional holiday fare varies around the world. To see who’s eating what this ...
Nike, FedEx quarters demonstrate key lesson for investors
CNBC’s Jim Cramer said Wall Street’s reaction Wednesday to quarterly results from Nike and FedEx offers an important lesson for investors: It’s misguided to focus purely on Federal R...
Cramer says he likes these technology and real-estate stocks for 2023
CNBC’s Jim Cramer on Wednesday highlighted technology and real estate stocks he believes can perform well in 2023, following a dismal year for both sectors. Rising interest rates presented chall...
I prefer Pioneer Natural Resources over Laredo Petroleum
AMC Entertainment: “Going to take a pass on that. $5 is where it should be, and no higher.” Tecnoglass: “Very smart. Very good company. … I would buy it if it came in a little....
CarMax, Micron, Under Armour and others
Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estima...
China’s economy looks different than it was going into the pandemic
The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen displaying details of a new factory in the city. Vcg | Visual Ch...
Under Armour, Micron Technology and more
Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Micron Technology — The semiconductor stock slumped about 2% ...
Judge pauses SEC case in favor of criminal probe
Your Hometown Deli in Paulsboro, N.J. Google Earth A federal judge granted the Justice Department’s request to pause the Securities and Exchange Commission’s civil case regarding alleged f...
Under Armour picks new CEO: Marriott executive Stephanie Linnartz
Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the company hopes will grow its...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
FDA Commissioner urges parents not to stockpile children’s flu meds
The surge in flu cases and Covid-19 infections this month, along with elevated levels of childhood respiratory syncytial virus, or RSV infections, has caused elevated demand for children’s over-...
Millions at risk of losing Medicaid in the spring under $1.7 trillion federal spending bill
Millions of people who enrolled in the Medicaid public health insurance program during the Covid pandemic could lose their coverage in the spring if their state determines they no longer meet the prog...
H&M Justin Bieber merchandise removed after criticism from pop star
Canadian singer-songwriter Justin Bieber arrives for the 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas on April 3, 2022. Angela Weiss | Afp | Getty Images H&M will no longer...
Home sales tumbled in November
Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker t...
Cramer’s Investing Club meeting Wednesday: Santa Claus rally, Starbucks
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. Santa Claus rally may be...
AMC says it ended talks to acquire theaters from Cineworld
Pedestrians pass a Cineworld Group Plc cinema in Aldershot, U.K., on Monday, Oct. 5, 2020. Jason Alden | Bloomberg | Getty Images AMC said it is no longer in talks to acquire theaters from Regal paren...
New top House Republican on markets isn’t as anti-ESG as some GOP want
Rep. Patrick McHenry (R-NC) and Chairman of the House Financial Service Committee Maxine Waters (D-CA) listen as David Marcus, CEO of Facebook’s Calibra, testifies on “Examining Facebook’s...
Test driving GM, Ford and Tesla ‘hands-free’ systems
The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning...
Mortgage refinance demand surged 6%, as interest rates dropped
A property for sale in Monterey Park, California Frederic J. Brown | AFP | Getty Images Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it...
Rite Aid, Nike, Six Flags and more
Vehicles sit parked outside of a Rite Aid Corp. store Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid dropped nearly ...
Rite Aid, Nike, FedEx and others
Check out the companies making headlines before the bell: Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecast...
Investments could flow back into China as companies avoid U.S. delisting
Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not made available to PCAOB inspectors. Budru...
Indicted FTX founder Sam Bankman-Fried to return to U.S. after hearing
Sam Bankman-Fried, co-founder of FTX, is escorted out of the Magistrate’s Court in Nassau, Bahamas, on Monday, Dec. 19, 2022. Tristan Wheelock | Bloomberg | Getty Images FTX founder Sam Bankman-...
Head of United Airlines pilot union resigns after comments surface
A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. Robert Alexander | Getty Images The newly el...