Former US President Donald Trump holds a rally sponsored by Save America with Ted Budd, Madison Cawthorn, Bo Hines, Dan Bishop, Mark Robinson and Greg Murphy in Selma, NC, on April 9, 2022. Peter Zay ...
Tag: Business
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
Twitter, AMD, Deere, Verizon and more
The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares of the social me...
Private Axiom astronaut crew returns from ISS
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carry...
Ford F-150 Lightning electric pickup could win first-mover advantage
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to...
Carvana to offer $2.275 billion in 8-year junk bonds to fund acquisition of Adesa’s auction business
Car selling platform Carvana Co. CVNA, -6.76% said Monday it is offering $2.275 billion in senior unsecured high-yield bonds that mature in 2030. The company will use the proceeds, along with $1 billi...
SeatlabNFT’s Journey To Change The Event Business
From sports events, to live music, to stand-up comedy and beyond – the ticketing business has become profitable for few, clunky for most, and outdated for everyone. A new blockchain-based platform, Se...
GM says it will produce electric Chevrolet Corvettes
DETROIT – General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said Monday. Reuss said the aut...
Coca-Cola (KO) Q1 2022 earnings beat estimates
Coca-Cola on Monday reported quarterly earnings that topped analysts’ expectations as consumers drank more of its namesake soda, Powerade and Costa coffee. But CEO James Quincey told CNBC’...
Twitter, Coca-Cola, Warner Bros. Discovery and more
Check out the companies making headlines in premarket trading. Coca-Cola — Shares of Coca-Cola rose about 1% after the company beat analysts’ expectations on the top and bottom lines in the rece...
GE hoping to 3D print concrete components for wind turbines
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | G...
Alberto Jaen And Nadja-Timea Scherrer Of Plus305 Talk To Us About Sustainability In Business And People…
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Central banks to put rates in pain zone to fight inflation
LONDON — Overcoming doggedly high inflation requires interest rates to be pushed into the “pain zone.” But whether any central bank has the nerve to do it is the question, according to inv...
SpaceX signs Hawaiian Airlines for free Starlink Wi-Fi on flights
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airli...
China’s capital city Beijing begins Covid testing in business district
China’s capital city of Beijing reported a spike in Covid cases over the weekend and began mass testing Monday in the business district of Chaoyang. Within the district, one community that’...
Stock futures fall on Sunday as Wall Street braces for a busy earnings week
Traders on the floor of the NYSE, April 14, 2022. Source: NYSE U.S. stock futures fell on Sunday night amid a four-week losing streak for the Dow Jones Industrial Average as investors weighed the like...
What went wrong and why it was canceled
Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham H...
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus – Exchanges Bitcoin News
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopa...
With NFTs, An Australian Multimedia Business Pushes Everything On NBA Fan Interaction
The all-out worth of all NFT exchanges overall surpassed $17 billion in 2021, up from $82.5 million in 2020. The word NFT was chosen as Collins Dictionary’s word of the year for 2021, according to the...
Surging Fertilizer Costs Are Pushing Food Prices Higher
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia, the world’s largest exporter of the commodity. That has contributed to higher gl...
Breaking: UAE Grocery Delivery business Announced Crypto Payments acceptance
YallaMarket, a grocery delivery business located in the United Arab Emirates, announced on Wednesday that it now accepts cryptocurrency payments for client orders. Cryptocurrencies are widely recogniz...
Movie theater owners optimistic about 2022 box office before CinemaCon
Still from “Doctor Strange in the Multiverse of Madness.” Disney Superhero flicks have kept the box office afloat this year, spurring movie theater operators to think that audiences might ...
Pickleball translates into big business with tournaments, investments
Two men play pickleball. Seth McConnell | Denver Post | Getty Images About eight years ago, when brothers Rob Barnes, then 19, and Mike Barnes, then 21, founded a pickleball paddle-maker, they encoun...
U.S. labor board sues Starbucks over union retaliation claims
Members react during Starbucks union vote in Buffalo, New York, U.S., December 9, 2021. Lindsay DeDario | Reuters U.S. labor officials are petitioning a federal court to force Starbucks to bring back ...
‘The issues with the IRS are still present and very real’: Millions of Americans are racing to file their tax returns, and filing extensions
Tax Day came and went earlier this week, so if your upcoming weekend plans are just chilling after the last-minute tax time bustle, you might have company. April 18 marked the deadline in most states ...
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
What’s next for Pepsi’s after exiting Russia amid Ukraine war
Following Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers. As of April 22, more than 700 U.S. companies have scaled back, suspended or ex...
How Netflix’s password-sharing crackdown is likely to work
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Netflix surprised the world this week, saying it plans to finally ad...
NBA’s Golden State Warriors plan to be more than a basketball team
Stephen Curry #30 of the Golden State Warriors drives to the basket during the game against the Washington Wizards on March 14, 2022 at Chase Center in San Francisco, California. Noah Graham | Nationa...