A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results, but said Taco Bell had stronger sales...
Tag: Business
CVS Health (CVS) Q2 2022 earnings
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Wednesday lifted its earnings outlook for the year, after beating Wall Street&#...
Climate change isn’t a ‘left-wing plot,’ charity founder says
People photographed in Lower Saxony, Germany, on July 19, 2022. A number of European countries were affected by a heatwave last month. Julian Stratenschulte | Picture Alliance | Getty Images It’...
GXO Logistics customers are doing well despite economic slowdown buzz, CEO says
GXO Logistics customers are still doing well even as Wall Street fears that the economy is headed for a downturn, CEO Malcolm Wilson told CNBC’s Jim Cramer on Tuesday. “We just finished ou...
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...
Six Fearsome Economic Challenges Family Business Owners Can Face Down
Family business owners always manage through uncertainty, but the current environment is proving bafflingly hard to navigate. Owners face the highest inflation since 1981. The Fed is sharply hiking in...
Fed officials’ hawkish inflation words are sapping the market
CNBC’s Jim Cramer on Tuesday said that inflation is coming down at a good pace as he called out Federal Reserve leaders for hawkish comments that are dragging down the market. “While we he...
Starbucks (SBUX) Q3 2022 earnings beat estimates
An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesda...
AMD stock slips as revenue forecast dips below Street consensus
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expe...
Nikola shareholders vote to issue new stock over Trevor Milton’s objection
Nikola Motor Company Source: Nikola Motor Company Electric truck maker Nikola has finally won shareholder approval to issue new stock, the company said on Tuesday. Nikola has been trying for two month...
SoFi stock gains after earnings as revenue beats and losses shrink
Shares of SoFi Inc. were up nearly 3% in after-hours trading Tuesday after the company beat expectations with its latest results and delivered an upbeat earnings forecast for the current quarter. The ...
Molson Coors stock falls, company cites split in beer spending
A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split emerge among its customers as inflation hits their wal...
JetBlue shares tumble as costs push it to a loss despite profit forecast on higher fares
JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tues...
NFL Dolphins probe finds tampering violations, fines owner Ross
Miami Dolphins owner and real estate developer Stephen Ross has been fined $1.5 million and suspended from participating in team events and operations through Oct. 17 after the club was found to have ...
Innoviz wins $4 billion dollar Volkswagen lidar contract
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won...
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s sq...
Ferrari (RACE) Q2 2022 earnings and guidance
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the sec...
Ford stock posts best month since the Great Recession
2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year....
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...
Uber, Pinterest, Caterpillar and more
An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines in midday trading Tuesday. Uber Technologies — Uber sh...
‘on its way to build a sustainably profitable business’
Uber Technologies Inc (NYSE: UBER) is up 15% on Tuesday even after the mobility company swung to a $2.60 billion loss for its fiscal second quarter. Why are Uber shares up this morning? The price acti...
‘I have watched my accounts drop by 22%.’ My financial adviser has usually ‘done well’ but now it feels like he’s not making enough adjustments in this tough market given that I’m losing ‘large chunks’ of money. What’s my move?
How to know if your financial adviser is doing a good job. Getty Images/iStockphoto Question: I have had a financial advisor with a national firm for more than a decade. We have done well and his fee...
PerkinElmer, Boeing, Global Payments, Bumble and more
Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S...
My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?
I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He li...
JPMorgan Chase Is Entering Travel Business Full Force
The pivot into the travel business has been marked by the acquisition of a reserving system, a restaurant evaluation firm, and a luxurious travel agent. American multinational investment bank and fina...
Katy Perry & Morgan McLachlan On Securing $4M In ‘De Soi’ Funding, Offer Advice To Other Female Entrepreneurs
De Soi co-founders Katy Perry and Morgan McLachlan at their launch event in Los Angeles on July 28. Jennifer Johnson/Shutterstock Katy Perry is no stranger to knowing how to draw a crowd, but over the...
Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill
Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...
Opinion: The FAANMGs have been whittled down to the fantastic four
The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators pointing to a slowdown in the global economy, the highest inflation in four decades and a big jump in ...