A ball Masters golf ball displays the length of the new rough increased to 1 3/8 of an Inch at the US Masters at the Augusta National GC in Augusta, Georgia, USA. Stephen Munday | Getty Images The Jus...
Tag: business news
Stock pickers are still positioned for a Fed ‘soft landing,’ mutual fund holdings show
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Activel...
Boeing (BA) earnings Q3 2022
Boeing reported a $3.3 billion quarterly loss Wednesday as problems in its defense unit countered strides in its commercial aircraft business. The manufacturer, however, generated nearly $3 billion in...
Bed Bath & Beyond appoints interim CEO Sue Gove to the position permanently
Sue Gove Bed Bath & Beyond Bed Bath & Beyond said Wednesday it has appointed interim CEO Sue Gove to the position permanently. The company’s shares were flat in early trading Wednesday a...
Heathrow Airport says passenger demand won’t return for years
The biggest airport in Europe by passenger numbers, London’s Heathrow, is not expecting to come into profit this financial year. Anadolu Agency / Contributor / Getty Images Heathrow Airport repo...
Boeing, Hilton, Harley-Davidson and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1% in the premarket in spite of reporting an unexpected quarterly loss and revenue that fell below Street forecasts...
Ford Motor (F) earnings Q3 2022
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor is set to report its third-quarter earnings after the bell on Wednesday. Here’s what Wall Street is expecting, according to Refinitiv consensus...
How organ donation works in the United States
There are more than 100,000 people in the United States waiting for an organ transplant, according to the United Network for Organ Sharing, known as UNOS. “I was born Type 1 diabetic,” sai...
Mortgage demand from homebuyers is nearly half what it was in 2021
A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images Mortgage demand fell last week to nearly half what it was...
CNN job cuts coming as CEO Chris Licht concludes business review
Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht started conducting a business review of the news network when he agreed to take the job in April. That evaluation wrap...
Emissions reductions pledges ‘nowhere near’ what’s needed, UN says
A boat photographed in Turkey. This year’s COP27 climate change summit will look to build on the work undertaken at COP26 in Glasgow. Temizyurek | E+ | Getty Images Countries are not doing enoug...
UK trial will inject hydrogen into a gas-fired, grid-connected power station
An Iberdrola facility photographed in Spain. Europe is looking to develop a number of hydrogen projects over the coming years. Angel Garcia | Bloomberg | Getty Images Hydrogen will be injected into a ...
Goldman Sachs, JPMorgan CEOs tip U.S. economy for recession
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expe...
LeBron James, Kevin Durant invest in Fanatics’ brand Mitchell & Ness
Fanatics bought Mitchell & Ness in February of 2022. Source: Fanatics Some of the biggest names in sports and entertainment are investing in Fanatics’ lifestyle clothing brand, Mitchell &...
Chipotle Mexican Grill (CMG) Q3 2022 earnings
Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations on the strength of its latest round of menu price hikes. CEO Brian Niccol said the company saw &#...
Canopy to speed entry into US cannabis market with new holding company
Canopy Growth Tom Franck | CNBC Canadian cannabis company Canopy Growth said Tuesday it’s consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market. The...
James Gunn, Peter Safran to lead DC movies, TV division at Warner Bros.
James Gunn and Peter Safran will be the next co-heads of Warner Bros. Discovery‘s DC Comics film and TV unit, the company announced Tuesday. Their appointments will be effective Nov. 1. The news...
Jim Cramer says dollar’s decline helped drive Tuesday’s market gains
CNBC’s Jim Cramer credited the fall in the U.S. dollar with helping stocks close higher on Tuesday. “It’s time to recognize that the dollar’s in charge. Today, at least, the do...
Cramer’s lightning round includes a fintech ‘on the road to redemption’
PayPal (PYPL): “PayPal did very well today. They are already on the road to redemption.” MicroVision (MVIS): “It’s a $3 stock. It’s a dice roll. It could go down $3. Stoc...
People who had mild Covid had increased risk of blood clots: UK study
A patient receives a coronavirus disease (COVID-19) test at Sparrow Laboratories Drive-Thru Services in Lansing, Michigan, December 27, 2021. Emily Elconin | Reuters People who caught mild cases of Co...
South Korea, U.S. in working to adjust regulations
Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH...
Adidas terminates Ye partnership, Gap removes Yeezy items over antisemitic remarks
Adidas on Tuesday ended its partnership with Ye, formerly known as Kanye West, after the musician made a series of offensive and antisemitic comments. Hours later, Gap and then Foot Locker said they w...
JetBlue (JBLU) earnings Q3 2022
A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Images JetBlue Airways eked out a $57 million profi...
You must buy Series I bonds by Oct. 28 to get 9.62% annual interest
Insta_photos | Istock | Getty Images If you’re eager to secure 9.62% annual interest for Series I bonds for six months, the deadline is quickly approaching. You must purchase I bonds and receive...
Airlines have the passengers. Now they need the planes
The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reute...
Hawaii couple charged with fraud over Semisub watercraft company
A little girl who is 5 years old is looking through a window inside a submarine. She is looking at the ocean underwater. Shot in Maui, Hawaii. Bradleyhebdon | Istock | Getty Images A Hawaii couple was...
Alphabet, Microsoft, Texas Instruments and more
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — Th...
Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11% after Logitech reiterated its full-year guidance...
Home prices cooled at a record pace in August, S&P Case-Shiller says
House for Sale by Owner, Forest Hills, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Home prices are still higher than they were a year ago, but gains are shrinking...