Covering an area of 6.5 million square meters, VW’s huge manufacturing facility in Wolfsburg uses two cogeneration plants that provide it with heat and power. Krisztian Bocsi | Bloomberg | Getty...
Tag: Business
Uber, Brinker, Generac and more
Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes incr...
Yum Brands (YUM) Q1 2022 earnings
Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images Yum Bran...
Covid Moderna (MRNA) Q1 earnings 2022
The Moderna Covid-19 vaccine awaits administration at a vaccination clinic in Los Angeles, California on December 15, 2021. Frederic J. Brown | AFP | Getty Images Moderna sold $5.9 billion of its Covi...
CVS Health (CVS) Q1 2022 earnings
A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS Health on Wednesday outpaced Wall Street’s expectations for first-quarter earnin...
Retoken Announces Plans to Revolutionize Business Referral Systems
Retoken has unveiled its plans to revolutionize how businesses and individuals benefit from the manufacturer-buyer process. Using incentives, Retoken will attract sellers and consumers working in the ...
One Of The Beer Industry’s Leading Publications, All About Beer, Is Back In Business.
MUNICH – SEPTEMBER 18: Two people toast with one liter mugs of beer at the Hofbraeuhaus tent on the … [+] opening day of the 2004 Oktoberfest September 18, 2004 in Munich, Germany. The ann...
Cramer defends Powell’s inflation policy ahead of Fed rate decision
CNBC’s Jim Cramer on Tuesday defended Federal Reserve Chair Jay Powell and said that the beaten-down state of previously inflated stocks shows the Fed chief is on the right track to corralling i...
Rocket Lab CEO touts helicopter catch of rocket as key toward reusable goals
The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Rocket Lab CEO Peter Beck heralded the company’s first attempt on Monday to catch its Electron ro...
Why people moving out of big cities are seeing the most inflation
Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between migration and inflation has strengthened significantly as m...
Starbucks to hike wages, double training for workers amid union push
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks said it will hike wages for tenured workers and double training for new employees as the company an...
Competitive contracts are making space exploration cheaper
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans ...
Starbucks (SBUX) Q2 2022 earnings
A pedestrian carries a Starbucks branded cup in San Francisco, California, U.S., on Thursday, April 28, 2022. Starbucks Corp. David Paul Morris | Bloomberg | Getty Images Starbucks is expected to repo...
Southwest offers free Wi-Fi on some flights to test service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more cu...
Lake Powell Glen Canyon Dam water release delayed due to drought
Water levels are at a historic low at Lake Powell on April 5, 2022 in Page, Arizona. Rj Sangosti| Medianews Group | The Denver Post via Getty Images The federal government on Tuesday announced it will...
Pfizer Paxlovid prescriptions to treat Covid increased tenfold in U.S.
Pfizer on Tuesday said prescriptions for its oral antiviral to treat Covid-19 have increased nearly tenfold in the U.S. since late February, as more pharmacies and other locations receive supply. CEO ...
How will boomers draw down their 401(k) balances?
Recent studies have found that past generations drew down their financial assets very slowly in retirement, leaving much of their savings untouched throughout old age. This finding always seemed obvi...
Tim Hortons forecasts another year of Canadian same-store sales growth
Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high s...
Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the co...
Office demand comes roaring back as stocks in the space play catchup
If you’re not back to the office already, you may be soon. After a five-month lull, likely due to the extremely contagious omicron variant of the coronavirus, new demand for office space jumped ...
Trump Organization, presidential inaugural committee settle DC lawsuit
President Donald Trump and First Lady Melania Trump dance at the Freedom Ball on January 20, 2017 in Washington, D.C. Getty Images Former President Donald Trump‘s 2017 inaugural committee and hi...
Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would w...
BP Q1 earnings report: ‘the business is performing well’
Shares of BP plc (LON: BP) opened 5.0% up on Tuesday after the oil giant said higher commodity prices and strength in oil and gas trading helped boost its Q1 profit to highest in more than a decade. W...
Covid Pfizer (PFE) earnings Q1 2022
Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer on Tuesday slashed its 2022...
Restaurant Brands International (QSR) Q1 2022 earnings
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that...
Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business
Coinbase Inc, a global crypto exchange headquartered in the US, announced Sunday the appointment of Durgesh Kaushik – the former Managing Director in charge of Snapchat India and South Asia market dev...
Berkshire Hathaway May Have Sold Verizon, Bought $10 Billion of Financials
Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hatha...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...
Best Buy CEO says gaming engagement will continue across platforms even as people return to in-person activities
Best Buy CEO Corie Barry told CNBC’s Jim Cramer on Monday that she believes consumers will continue to seek out gaming and products related to it, even as in-person activities abound. “Gam...
Opinion: AMD will finally give investors its data-center data as business soars
Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, +6.25% Chief Financial ...