US’ Women’s National Basketball Association (NBA) basketball player Brittney Griner, who was detained at Moscow’s Sheremetyevo airport and later charged with illegal possession of ca...
Tag: business news
Ford reveals 2023 Escape to sell alongside Bronco Sport SUV
2023 Ford Escape ST-Line Elite Ford DETROIT — Ford Motor is updating its popular Escape as part of a two-pronged sales strategy alongside the newer, more rugged Bronco Sport in the highly competitive ...
Coca-Cola (KO) Q3 2022 earnings
Coca-Cola on Tuesday raised its full-year outlook, predicting that its two-pronged strategy of hiking prices and offering more affordable options will keep driving sales growth. Inflation is expected ...
UPS reports Q3 earnings 2022
United Parcel Service driver pulls away after making a delivery in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images United Parcel Service reported mixed third quarter results Tuesday morning,...
Rishi Sunak pledges to fix mistakes as he becomes UK PM
Britain’s new Prime Minister Rishi Sunak delivers a speech outside Number 10 Downing Street, in London, Britain, October 25, 2022. Hannah Mckay | Reuters LONDON — Rishi Sunak on Tuesday became t...
Ivermectin — once touted as a Covid treatment by conservatives — doesn’t improve recovery much, clinical trial finds
Ivermectin, a drug once touted by conservatives as a treatment for Covid, does not meaningfully improve the recovery time for people with mild to moderate cases, according a large clinical trial publi...
This 28-year-old’s side hustle brings in up to $267K per year
When Domonique Brown was growing up, she was the only Black kid in her class. “It was definitely tough for me to find things that represented me,” she said. She remembers how her father wo...
UK’s Rishi Sunak inherits a country in crisis as he takes over as prime minister
Rishi Sunak has been named as the U.K.’s new prime minister and the country’s first leader of color. Jeff J Mitchell | Getty Images News | Getty Images LONDON — Britain’s new Prime M...
French project aims to supply Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years. Ronny Hartmann | AFP | Getty Ima...
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fell sharply amid selloff
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday,...
These 13 companies’ earnings helped drive markets higher
CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson ...
Charts suggest the U.S. dollar could be peaking, Jim Cramer says
CNBC’s Jim Cramer on Monday said that the spiking U.S. dollar could peak soon. “The strong dollar has become an albatross around the neck of an already beaten-down market, but now the char...
Beyond Meat’s steak substitute coming to grocery stores
Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, J...
How to save above 401(k) deferral limits with after-tax contributions
If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say. For 2022, you can defer...
Police arrest climate protesters over Monet painting incident
Police have arrested two climate activists who threw mashed potatoes at a Claude Monet painting in a museum in Germany to protest fossil fuel production, a stunt which caused no damage to the art. The...
Coca-Cola, General Motors, JetBlue and others
Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street fore...
CAA drops Ye, MRC ditches documentary over antisemitic remarks
Kanye West attends the Givenchy Womenswear Spring/Summer 2023 show as part of Paris Fashion Week on October 02, 2022 in Paris, France. Stephane Cardinale – Corbis | Corbis Entertainment | Getty ...
New ‘Star Wars’ movie coming from ‘Watchmen’ showrunner, reports say
(L-R) Regina King, Damon Lindelof attend Premiere Of HBO’s “Watchmen” at The Cinerama Dome on October 14, 2019 in Los Angeles, California. Leon Bennett | Wireimage | Getty Images A n...
Andreessen Horowitz-backed Apex Space aims to mass produce spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has alread...
What investors need to know about the latest crypto tax reporting rules
Jose Luis Pelaez | Getty Images The IRS is sharing more details on how to report digital assets for the 2022 tax filing year, according to draft instructions. Since 2019, there’s been a yes or n...
Walmart adds new Joyspun intimates and sleepwear brand in relaunch
Walmart has rolled out Joyspun, a new intimates and sleepwear line. It will replace one of its most popular apparel brands, Secret Treasures. Walmart Walmart is overhauling one of its most popular app...
‘Black Adam’ tallies $67 million in domestic debut
Dwayne Johnson is Black Adam in Warner Bros.’ newest DC film “Black Adam.” Warner Bros. “Black Adam” stormed into theaters this weekend, snaring $67 million domestically....
Space race to connect satellites to phones with Apple, SpaceX, AT&T
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier...
Investor fears about Xi’s new leadership team ‘may be misguided’
Li Qiang, likely to become the next premier, is pictured here speaking at a major annual financial conference in Shanghai in 2020. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese stocks’ ...
Why Beijing won’t bail out its real estate sector
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Futu...
Qualtrics, W.R. Berkley, Discover Financial and more
Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell: Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earn...
Single-bond ETFs may be the key to revolutionize trading Treasurys
Single-bond exchanged traded funds may be the key to solving some frequent investing problems. In August, F/m Investments, a $4 billion multi-boutique investment advisor, launched three single-bond ET...
Here’s why investors need to pay attention to earnings season ‘report cards’
Traders on the floor of the New York Stock Exchange on Oct. 14, 2022. Spencer Platt | Getty Images News | Getty Images It’s a big week for stock investors. Several of the biggest U.S. companies ...
Avis, Pinduoduo, Starbucks, Alibaba and more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the...