Los Angeles Chargers tight end Gerald Everett (7) during a 26-yard reception in the fourth quarter of an NFL game between the Los Angeles Chargers and Kansas City Chiefs on September 15, 2022 at GEHA ...
Tag: business news
2 sports execs launch firm to invest up to $50M in early-stage firms
Newcastle United’s Alexander Isak in action with Crystal Palace’s Cheick Doucoure. Lee Smith | Reuters Two longtime sports executives are launching an investment firm they say will back st...
Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...
Change Healthcare, Ford, PayPal, Humana and more
Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Check o...
Ford, Change Healthcare, Cognex and more
Take a look at some of the biggest movers in the premarket: Ford (F) – The automaker’s stock fell 4.5% in the premarket after it warned that quarterly earnings would take a hit of about $1 billi...
Sweden’s central bank launches 100 basis point rate hike
Sweden’s Riksbank launched a 100 basis point hike to interest rates on Tuesday as it looks to rein in inflation. Mikael Sjoberg/Bloomberg via Getty Images Sweden’s Riksbank on Tuesday laun...
Lennar, Coinbase, Array Technologies and more
A worker at a Lennar home under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday Monday: D.R. Horton, Lennar, PulteGroup — Homeb...
Intuit CEO sees healthy consumer spending, but inflation is key worry
Intuit sees strong consumer spending despite persistent inflation dogging the economy, company CEO Sasan Goodarzi told CNBC’s Jim Cramer on Monday. Goodarzi noted that the financial software fir...
International Paper is not a buy
Matterport Inc: “I’d rather be in HP. … This company is losing too much money.” Medtronic PLC: “These guys have lost their way. … They are not executing.” Int...
Jim Cramer’s 3 reasons why profitable tech stocks are getting hit
CNBC’s Jim Cramer on Monday offered three reasons why tech firms, including companies with strong balance sheets, are seeing pain in the stock market. The “Mad Money” host, who is fi...
Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey was arrested this weekend after allegedly biting a man’s nose in an Arkansas parking garage fol...
Ford warns investors of an extra $1B in supply chain costs during Q3
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain ...
Stocks making the biggest moves after hours: Ford, GM, Cognex
A Ford Bronco vehicle on a demonstrative course during the Motor Bella Auto Show in Pontiac, Michigan, U.S. on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Images Here are the stocks mak...
LIV Golf CEO Greg Norman visits Capitol Hill as Saudi-backed league battles PGA Tour
LIV CEO and commissioner Greg Norman watches play on the third hole during the final round of the LIV Golf Invitational Series Chicago at Rich Harvest Farms in Sugar Grove, Illinois. Brian Spurlock | ...
FAA rejects proposal to halve pilots’ flight-time requirement amid shortage
A Republic Airways plane approaches the runway at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on April 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Admini...
‘The Woman King’ poised for big box office after strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — an...
More homebuilders lower prices, sentiment falls for ninth straight month
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters More builders are lowering prices for homes as their confidence in the market continues to tum...
How Jared Isaacman uses fighter jets in training
Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of th...
Hilton partners with Voyager Starlab to design astronaut suites
Concept art of a “Starlab” space station Nanoracks PARIS — Hotel giant Hilton has signed on to design astronaut facilities for the private space station Starlab currently under development...
World leaders honor Queen Elizabeth at her funeral
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] Hundreds of global dignitaries are gathered in London Monday to attend the funeral ...
Billionaire Lukas Walton’s family office fans impact investing push
Builders Vision, the investing and philanthropy platform of billionaire Lukas Walton, has shifted its $1 billion endowment into what it calls “impact investments,” leading a broader shift ...
How much does it cost to visit Bhutan? $200 a day plus travel costs
The Kingdom of Bhutan is reopening to tourists on Friday with a hefty hike to its daily tourist tax. Before the country closed its borders in March 2020 in response to the Covid-19 pandemic, travelers...
Impact on Philippines, Indonesia, Thailand: Nomura
Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty...
Tesla Nevada Gigafactory works to cut Mosquito Fire smoke exposure
Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive ...
Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchai...
AutoZone, Take-Two Interactive, bluebird bio and more
Take a look at some of the biggest movers in the premarket: AutoZone (AZO) – AutoZone gained 3.9% in premarket action after the auto parts retailer reported better-than-expected profit and revenue for...
Home Depot’s customers have been resilient despite turmoil, CEO says
Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
Why Hispanic workers could face an outsized hit in a U.S. recession
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild re...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...