Witthaya Prasongsin | Moment | Getty Images Beer is taking up less of the American booze market as beverage companies flood the market with buzzy new drink categories, including ready-to-drink cocktai...
Tag: business news
Buffalo Bills unveil first design images of their new $1.4 billion stadium
Proposed stadium for the Buffalo Bills Source: The Buffalo Bills The Buffalo Bills have released the first images of their eagerly awaited new stadium, which is set to be completed in 2026. Created in...
Southwest (LUV) earnings 3Q 2022
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty ...
Comcast (CMCSA) earnings Q3 2022
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. The company’s shares...
McDonald’s (MCD) earnings Q3 2022
McDonald’s on Thursday said traffic to its U.S. restaurants is growing, helping the fast-food giant top analysts’ expectations for its quarterly earnings and revenue. The company is buckin...
Clean energy investment may hit $2 trillion a year by 2030: IEA
Wind turbines photographed off the coast of Wales. Clean energy investment could be on course to exceed $2 trillion per year by 2030, according to the International Energy Agency. Ben Birchall | PA Im...
Ye escorted out of Skechers LA office after he showed up unannounced
Ye, formerly known as Kanye West, was escorted out of the Los Angeles office of shoemaker Skechers, the company said Wednesday afternoon, as the fallen rapper and fashion mogul continues to face fallo...
Omicron subvariants show resistance, putting some people at risk
Emerging omicron subvariants are resistant to key antibody treatments for HIV patients, kidney transplant recipients and other immunocompromised people, making them particularly vulnerable to Covid th...
Altria (MO) Q3 2022 earnings
Altria Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Cigarette maker Altria Group on Thursday reported third-quarter ear...
Michael Rubin’s Fanatics hires its first chief people officer
Orlando Ashford has been appointed chief people officer of Michael Rubin’s sports business platform Fanatics. Source: Fanatics Orlando Ashford, known for holding senior level HR roles at Fortune...
The UK’s new prime minister scrambles to save the Conservative Party
U.K. Prime Minister Rishi Sunak appointed his cabinet to include members from across warring factions of the Conservative Party. Wpa Pool | Getty Images News | Getty Images LONDON — Britain has a new ...
Jim Cramer says to wait before pulling the trigger on Mobileye
CNBC’s Jim Cramer on Wednesday advised investors not to buy shares of Mobileye just yet. “The stock’s going to have a tough time once people realize the Fed’s war on inflation ...
The best and worst parts about van life, and one tip before trying it
Bradley Williams “absolutely hated” his first job after graduating from college. The 28-year-old said the office environment wasn’t for him — and he quit in three months. Williams...
Watch Christine Lagarde speak after the ECB hikes rates once again
[The stream is slated to start at 08:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference ...
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of...
Upgrade offers 3.5% APY as deposits battle heats up
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images Credit-card startup Upgrade is releasing a new savings account with what it ...
Lucid Group is losing too much money
FLEX LNG Ltd: “Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need.” Coinbase Global Inc: “People actually trust it, okay? They believe in it, and that is ...
Q3 2022 earnings and overhaul
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that...
Maven, women-focused health startup, is booming in post-Roe world
Women account for half of consumers, hold power over 80% of household financial decisions and make 70% of health-care-related decisions in their families – but their access to proper health care often...
$100 million NJ deli defendant makes $2,500 a month from shell company Med Spa
Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022 Source: Elizabeth Williams One of the men charged in an alleged stock manipulation...
Powell again is facing political pressure as worries mount over the economy
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Je...
Rihanna makes long-awaited return to music with ‘Black Panther’ sequel
TOPSHOT – Singer/actress Rihanna attends the World Premiere of OCEANS 8 June 5, 2018 in New York. Angela Weiss | AFP | Getty Images After a six-year hiatus, Rihanna is set to release new music f...
‘Ugly times’ are pushing record annuity sales. What buyers should know
Izusek | E+ | Getty Images Consumers are funneling money into annuities as the stock market tanks and higher interest rates raise payouts for buyers. Annuity sales in the third quarter of 2022 approac...
Harley-Davidson, Visa, Microsoft, Biogen and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlin...
White House hammers economic issues with attack on ‘junk fees’ two weeks out from Election Day
U.S. President Joe Biden delivers remarks on the U.S. economy from an auditorium on the White House campus in Washington, U.S. October 26, 2022. Jonathan Ernst | Reuters The White House is working to ...