Producer Dan Lin attends the premiere Of Warner Bros. Pictures’ “The LEGO Batman Movie” at Regency Village Theatre on February 4, 2017 in Westwood, California. Todd Williamson | Gett...
Tag: business news
Bed Bath & Beyond picks interim CFO after Gustavo Arnal suicide
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond on Tuesday said it tapped its chief accounting officer, Laura Crossen, as interi...
Labor Day air travel clears 2019 levels as airlines cap a rocky summer
Reagan National Airport near Washington D.C. Leslie Josephs | CNBC The rocky summer travel season ended on a high note during Labor Day weekend with a surge in air travelers and relatively smooth oper...
CVS to buy home health giant Signify Health for about $8 billion
CVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday. CVS said it will pay $30.50 a share in cash for Signify, an acquisi...
Bed Bath & Beyond shares decline after CFO’s suicide
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Shares of Bed Bath & Beyond were down Tuesday after the struggling retailer’s c...
Bed Bath & Beyond CFO Gustavo Arnal died by suicide
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond on Sunday said its chief financial officer, Gustavo Arnal,...
The UK’s new prime minister could be about to shake up the City of London
People across the U.K.’s financial sector are wondering whether the new prime minister will change the regulatory landscape. Jeff J Mitchell / Staff / Getty Images As Liz Truss becomes Britain&#...
Only 4 big movies left in 2022
Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney The 2022 box office is a Hollywood underdog story come to ...
Alibaba, FedEx, Bed Bath & Beyond and more
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana. Kaiti Sullivan | Bloomberg | Getty Images Check out the companies making the biggest moves midday Tuesday: Illumina — Share...
How to deal when you’re stressed out about credit card debt
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income...
Liz Truss promises action on soaring energy bills in first speech as UK PM
Liz Truss promised to tackle soaring energy bills in her first speech as U.K. prime minister outside 10 Downing Street. Leon Neal / Staff / Getty Images LONDON — Britain’s new prime minister, Li...
How much cash you need in an emergency fund at every career stage
Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have ...
Bed Bath, Dropbox, Transocean and more
Check out the companies making headlines in premarket trading. Bed Bath & Beyond — The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest ...
Why China’s central bank is shoring up the yuan
The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the last few weeks. Sopa Images | Lightrocket | Getty Images BEIJING — China’s central bank has sent a strong signal it w...
Nationwide $3 movie deal draws record customers on National Cinema Day
An AMC movie theater in New York. Scott Mlyn | CNBC A $3 movie ticket promotion meant to boost sales across cinemas during a typically sleepy weekend for the business has drawn in 8.1 million customer...
Deutsche Bank says risk of a sterling crisis is rising as Truss becomes PM
A banners of Deutsche Bank is pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. Reuters Following the news that Liz Truss w...
France says imposing a price cap on Russian oil will be difficult
France’s Finance Minister Bruno Le Maire speaks on July 25, 2022 at the Finance ministry in Berlin, Germany. David Gannon | Afp | Getty Images French Finance Minister Bruno Le Maire said on Satu...
Economists are divided on the risk of a U.S. recession
Is the U.S. economy showing no signs of a recession or hurtling inescapably towards one? Is it in fact already in one? More than a month after the country recorded two successive quarters of economic...
Britain’s next prime minister to be announced
Former Finance Minister Rishi Sunak or current Foreign Secretary Liz Truss will be announced as the U.K’s new prime minister later Monday. Dan Kitwood / Staff / Stringer / Getty Images LONDON — ...
What to watch next in the U.S.-China ADR audit dispute
The U.S. and China have taken a significant first step toward keeping U.S.-listed Chinese stocks like Alibaba from being forced off U.S. stock exchanges. Holger Gogolin | iStock | Getty Images BEIJING...
When to claim climate tax breaks, rebates
Sebastian Rothe / Eyeem | Eyeem | Getty Images Households may soon be able to claim thousands of dollars in tax breaks and rebates if they take steps to reduce their carbon footprint. But eco-friendly...
How ‘quiet quitting’ became the next phase of the Great Resignation
“Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or sk...
Why a higher unemployment rate may be good
Catherine Mcqueen | Moment | Getty Images Why the unemployment rate increased in August The unemployment rate increased by 0.2 percentage points from 3.5% in July — a level that had tied with early 20...
Fox News personalities face questioning as Dominion lawsuit moves forward
A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Next week, Maria Bartiromo will join the parade of Fox perso...
GM offers to buy out Buick dealers that don’t want to invest in EVs
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Moto...
NYC sues Starbucks for coffee chain’s firing of union organizer
A cup of Starbucks coffee sits on a table in a cafe. Joel Boh | Reuters New York City is suing Starbucks over allegations that the company wrongfully terminated a barista and union organizer. The city...
August jobs report shows declining participation among Black workers
Commuters arrive at Grand Central station during morning rush hour in New York, Nov. 18, 2021. Jeenah Moon | Bloomberg | Getty Images The August jobs report showed the U.S. unemployment rate rise acro...
Kohl’s, Broadcom, Lululemon and more
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Share...
Starbucks CEO transition plan gets muted reaction from Wall Street
Laxman Narasimhan, April 13, 2018. Guillermo Gutierrez | Bloomberg | Getty Images Wall Street’s reaction to Starbucks’ new CEO was muted Friday morning, with shares down about 1% after the...
Historian Niall Ferguson has a warning for investors
Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse. Speaking to CNBC at the Ambrosetti Forum in Ita...
More home sellers drop their asking price as the housing market cools
Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once hot housing market cools fast. One in five sellers in August dropped their asking price, according to Realtor.com....