When Jennifer Sutton opened her small business, Guest Haus Juicery, in September 2021, she turned to teenage workers to fill gaps in the hiring market. Sutton initially thought her two teen employees ...
Tag: Business
‘Lightyear’ movie ban won’t have major impact on global box office
Buzz Lightyear and his robot companion Sox embark on an intergalactic adventure in Pixar’s “Lightyear.” Disney More than a dozen Asian and Middle Eastern countries will not releases ...
Environmental groups sue Biden to block oil and gas drilling permits
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters A coalition of environmental grou...
Chipotle tests cauliflower rice at select stores in Arizona, California and Wisconsin
Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Chipotle is giving cauliflower rice another try aft...
Revlon files for Chapter 11 bankruptcy protection
Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to receive $57...
Sebastien Borget: The Sandbox is a major disruption of traditional business models
Sebastien Borget, cofounder and COO of The Sandbox, discussed their business model and the prospects of the metaverse and Web3 in an interview with CNBC’s Squawk Box. The Sandbox’s token (SAND/USD) ro...
UK firm signs deal to bolster gas supplies as war in Ukraine continues
Russia is a significant supplier of oil and gas. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons following its invasion of Ukraine. Sean Gladwell | M...
Will Netflix stop binge releases like Stranger Things? Experts weigh in
A scene from Netflix’s “Stranger Things”. Source: Netflix Could Netflix ditch its binge-release model? Stranger things have happened. The all-at-once release strategy for television ...
Jim Cramer warns even high-quality low price-to-earnings stocks could get beaten down by a recession
CNBC’s Jim Cramer warned investors on Wednesday that while there are some stocks with low price-to-earnings multiples that look cheap and therefore investable, it’s worth noting that they ...
NHTSA data shows Tesla accounts for most driver-assist crashes
The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles h...
GM investing $81M to hand build luxury Cadillac Celestiq electric cars
Front driver’s side view of the Celestiq show car, which GM is expected to unveil in late-July. GM DETROIT – General Motors on Wednesday said it is investing $81 million at its global design and...
Ford CFO says inflation has erased Mustang Mach-E profits, but isn’t hurting demand
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland | CNBC Ford Motor‘s CFO said Wednesda...
Powell will stop inflation by ‘any means necessary’
CNBC’s Jim Cramer on Wednesday said that investors should be with Jerome Powell and not against him, as the Federal Reserve chair has proven he’s willing to take inflation down no matter w...
American Airlines CEO vows to improve pilot pay as wages at other carriers rise
FILE – American Airlines President Robert Isom speaks at a news conference about the company’s new partnership with Alaska Airlines, Thursday, Feb. 13, 2020, in Seattle. American Airlines ...
Millionaire fear Fed can’t tame inflation and stave off recession
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2022. Brendan Mcdermid | Reuters American millionaires are raising cash in response to lingering inflati...
These could be the next hot food and drink trends
Pasta is coming back in different shapes and flavors, drinking vinegar is cool, and comfort food favorites like pancakes are being made with new ingredients. That’s according to the hundreds of ...
BP buys 40.5% stake in massive renewables and green hydrogen project
A BP logo photographed in London on May 12, 2021. The International Energy Agency recently reported that 2021 saw energy-related carbon dioxide emissions rise to their highest level in history. Glyn K...
EV-startup Electric Last Mile Solutions files for bankruptcy
Electric vehicle-startup Electric Last Mile Solutions Inc. filed chapter 7 bankruptcy Tuesday. The Troy, Mich.-based vehicle maker listed assets and liabilities each of between $50 million and $100 mi...
Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million
As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...
Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is...
Baidu, MicroStrategy, Moderna and more
Check out the companies making headlines before the bell: Baidu (BIDU) – Baidu shares jumped 4.1% in premarket trading after Reuters reported the China-based internet search giant is in talks to sell ...
MLS Scores Fresh — But Costly — Deal With Apple TV
Current media MLS media partners ESPN and Fox Sports did not bid on its streaming package. ASSOCIATED PRESS Major League Soccer has reached an exclusive media deal with technology giant Apple to strea...
Stay away from Equinix for now
Bausch Health Companies Inc: “I can not believe that this has worked out as bad as it has. It’s one of the worst picks I’ve had. … [CEO Joe Papa’s] got to come back on th...
Charts suggest this week could be a ‘key moment’ for S&P 500
CNBC’s Jim Cramer on Tuesday said that there could be a “key moment” for investors to do some buying in the S&P 500 this week, leaning on analysis from DeCarley Trading market st...
Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market
Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points to a 1.5% to 1.75% range, the biggest increase since 1994 as it tries t...