CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear ...
Tag: Business
I like Bank of America
Bank of America Corp: “It’s one of these companies that is not expensive with very good management that I want to own.” Alcoa Corp: “This thing is up in a straight line. …...
JetBlue urges flight attendants to accept assignments as it races to hire 700 people
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways on Friday urged patience from its flight attendants as it races to hire hundreds of new e...
NFL overtime rule change has momentum, executive says
Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri....
Discount airfares rising thanks to higher fuel costs, demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what tr...
Thailand’s Finansia Moves to Add Digital Assets to Brokerage Business
Finansia Syrus Securities Public Company Limited, a Thailand securities brokerage firm in business since 2002, has made arrangements to add digital assets to its profile. The public company has signed...
Here’s how Cardano’s Mamba protocol intends to revolutionize the business of sidechains
In a live stream earlier this month, Input Output (IO) CEO Charles Hoskinson revealed plans for Cardano going into the rest of this year. He covered many points, including formal methods, governance s...
Second Starbucks location in Mesa, Arizona, votes to unionize
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
Bed Bath & Beyond, Nio, Joby Aviation, Teva & more
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Ba...
Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy...
GM to halt pickup truck production in Indiana due to chip shortage
Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT – General Motors will halt pi...
FAA will keep ‘zero tolerance’ policy toward unruly passengers, outgoing chief says
Federal Aviation Administration chief Steve Dickson said Friday that the agency’s “zero tolerance” policy toward unruly passengers will continue, even though reports of bad behavior ...
Bed Bath & Beyond stock jumps after deal with activist investor Ryan Cohen
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with act...
Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s rep...
7 Academy Awards milestones, storylines to watch
Ariana DeBose stars as Anita in Steven Spielberg’s new “West Side Story” movie. 20th Century Studios LOS ANGELES – Hollywood’s biggest night is Sunday, and there could be plent...
Fidelity Launches Business Mimicking Hedge-Fund Strategies
(Bloomberg) — Fidelity Investments is jumping into liquid alternatives, products that offer regular investors access to hedge-fund like strategies and are raking in billions of dollars amid risi...
BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglom...
LG Electronics adds blockchain and crypto as new areas of business
South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two d...
Philippine Billionaire Betty Ang’s Monde Nissin To Cut Spending Amid Challenging Business Environment
Monde Nissin, the Philippines’ largest instant noodle maker, bought British alternative meats maker … [+] Quorn in 2015. Simon Dawson/Bloomberg Monde Nissin—controlled by tycoon Betty Ang ...
Investing legend Bill Miller says there are many good values in the market even after relief rally
It’s a good time to get the perspective of the recent market rally from legendary investor Bill Miller, who beat the S&P 500 SPX, +1.43% for 15 years in a row and has seen a cycle or two. “No one ...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
The stock market hit its COVID low 2 years ago today. Here’s how its performance since then stacks up.
It’s the second anniversary Wednesday of the lows set in the U.S. stock-market plunge triggered by the onset of the COVID-19 pandemic in early 2020. Stocks have stumbled thus far in 2022, but the S&am...
Agco CEO says Russia-Ukraine war’s potential consequences on global food supply is ‘a really big deal’
Diminished food supply resulting from Russia’s invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC’s Jim Cramer on Thursday. ...
Ernst Billgren’s NFT Auction by Tradera and Technicorum Attracts the Top Business and Art Community
Advertisement     The auction of NFTs created by one of Sweden’s most prominent artists Ernst Billgren was presented to the top business and art community in Sweden an...
History shows investors should stick to profitable companies if Fed tightens inflation action, Jim Cramer says
CNBC’s Jim Cramer on Thursday advised investors to invest in profitable companies if the Federal Reserve institutes a half-point double rate hike, using an analysis of the Fed’s last doubl...
Hedge funds choosing ‘fresh’ stocks drove Thursday’s rally
CNBC’s Jim Cramer said that Thursday’s rally was driven by hedge fund managers’ desire for fresh stocks over trusted winners and that investors should not overthink the currently see...
Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its ne...
Nvidia, Logitech, Nikola, Uber and more
NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Check out the companies making headlines in midday trading. KB Home — Shares of the homebuilder ticked 5% lower in midday trading aft...
Trump is guilty of numerous felonies, prosecutor told Manhattan DA
One of two top prosecutors who resigned over the Manhattan District Attorney’s alleged decision to stop heading toward indicting former President Donald Trump for crimes said in a bombshell resi...
Moderna CEO Stephane Bancel on second Covid vaccine booster shots
Moderna CEO Stephane Bancel told CNBC on Thursday the drugmaker wanted to provide U.S. regulators “flexibility” in determining eligibility for a fourth Covid vaccine dose. Moderna submitte...