Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters...
Tag: business news
Market leaders, banks, Club 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 Friday’s key moments. Healthcare and banks The Cl...
Jamie Dimon says expect ‘other surprises’ from choppy markets after U.K. pensions nearly imploded
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview in London, U.K., on Wednesday, May 4, 2022. Chris Ratcliffe | Bloomberg | Getty Images JPMorga...
Wells Fargo WFC Q3 2022 earnings
Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue | Bloomberg | Getty Images Wells Fargo said Friday that it is still seeing historically low loa...
Retail sales September 2022:
Customers shop at the GU Co. store in the SoHo neighborhood of New York, US, on Friday, Oct. 7, 2022. Gabby Jones | Bloomberg | Getty Images Consumer spending was flat in September as prices moved sha...
Viasat takeover of UK rival Inmarsat faces in-depth competition probe
The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company ...
Citigroup (C) earnings Q3 2022
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup reported stronger-th...
Stocks making the biggest moves premarket
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged ...
JPM (JPMorgan Chase) earnings 3Q 2022
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday...
MS (Morgan Stanley) earnings 3Q 2022
Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley is set to report ...
Consumer prices jump by the most in more than 2 years
China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose. Future Publishing | Future Publishing | Getty Images BEIJING — China’s...
China is no longer just any emerging market
A worker disinfects the Sanlitun shopping complex in Beijing in June as stores in the area were closed for three days after a Covid outbreak. There’s greater caution on China this year, as strin...
Apple, Goldman Sachs introduce interest-bearing savings accounts
Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press release Thursday, Ap...
You are fighting the Fed with Discover Financial
Royalty Pharma PLC: “I like it, and I’m going to stick with it. It’s not big, but it’s not bad.” Tellurian Inc: “It’s at $2, and stocks stop at $0. They don&#...
Here’s why Cramer thinks L3Harris Technologies stock is a buy
CNBC’s Jim Cramer on Thursday gave investors his blessing to buy shares of L3Harris Technologies, an aerospace and defense play. “Recently, the stock’s come down dramatically from it...
U.S. extends Covid public health emergency
A medical worker collects a swab sample from a woman at a COVID-19 testing site in New York, the United States, March 29, 2022. Wang Ying | Xinhua News Agency | Getty Images The U.S. has extended the ...
Jim Cramer says 3 factors foreshadowed Thursday’s market comeback
CNBC’s Jim Cramer on Thursday said that there were three indicators during Thursday’s trading session that suggested the initial market sell-off would fizzle out. Stocks made a stunning re...
Netflix to charge $6.99 a month for ad-supported plan starting Nov. 3
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Netflix will charge $6.99 per month for its new advertising-supported tier, which ...
The 2022 holiday shopping season has started
Amazon’s Prime Early Access Sale may be over, but the discounts have only just begun. “Black Friday is here,” said Julie Ramhold, a consumer analyst at DealNews.com, noting that sale...
Biden unveils plan to pay farmers, cities for Colorado River cuts
The Hoover Dam water intake towers at Lake Mead, the country’s largest man-made water reservoir, formed by the dam on the Colorado River in the Southwestern United States, has dropped 2 inches e...
Albertsons merger with Kroger could be announced this week
Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted on Thursday morning after new...
Walgreens (WBA) Q4 2022 earnings
Walgreens Boots Alliance on Thursday exceeded fiscal fourth-quarter sales expectations, as the drugstore chain turns itself into a more health-care focused company. The drugstore chain said it anticip...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
omicron shots substantially boosted BA.5 antibodies in early human data
Jakub Porzycki | NurPhoto | Getty Images Pfizer and its German partner BioNTech on Thursday said their new omicron boosters substantially increased protective antibodies against the dominant omicron B...
Delta Air Lines (DAL) earnings 3Q 22
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Ima...
Spotted lanternflies feast on grapevines, put vineyards at risk
It’s 2 p.m. in Pylesville, Maryland, and Mike Fiore is patrolling the vineyards he’s owned since 1975 for an insect that recently began wreaking havoc on his property – the invasive spotte...
Here’s the inflation breakdown for September 2022 — in one chart
Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation measures how ...
Nikola NKLA tender offer Romeo Power RMO acquisition completed
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said Thursday that its planned acquisition of battery-pack maker Romeo Power will now proceed, after Romeo Power sha...
Domino’s Pizza (DPZ) reports Q3 2022 earnings
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported mixed third-quarter results Thursday ...
Delta, Walgreens, Applied Materials and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel d...