A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria to...
Tag: Business
Kohl’s shares jump after report says Hudson’s Bay is considering buyout bid
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares jumped nearly 7% Wednesday ...
Walmart wants to hire more than 50,000 workers in new-business push
An employee restocks frozen food products at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Wednesday that it wants to hire more than 50,000 emp...
Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...
Wind- And Solar-Powered E-Bike Charging Station Opens For Business On Tyneside
Alexandra Prince and Geoff Wallman on a Power Trip, their off-grid e-bike charging unit, launched at … [+] the Cycle Hub bike shop on Tyneside. Carlton Reid Power Trip, an off-grid e-bike chargi...
Dow futures climb nearly 400 points, with Fed interest-rate hike in the spotlight
U.S. stock futures on Wednesday pointed to an extension of the previous session’s rally, as traders wait for the Federal Reserve’s monetary policy decision and react to China’s statement of support fo...
Nvidia, Boeing, Micron and others
Check out the companies making headlines before the bell: DiDi Global (DIDI), Alibaba (BABA), JD.com (JD), Pinduoduo (PDD) – China-based stocks listed in the U.S. are staging strong rallies in premark...
Nascar ‘Superfan’ Looking To Make Waves With His Business In The Sport
FONTANA, CALIFORNIA – FEBRUARY 26: Cole Custer, driver of the #07 Production Alliance Group Ford, is … [+] presented the Production Alliance 300 trophy by Dale Sahlin, Founder and Owner of...
Alibaba, JD.com and Other China Stocks Soar. Here’s What Sparked the Turnaround.
Text size Shares in Alibaba and other Chinese companies have come under intense pressure recently. Greg Baker/AFP via Getty Images Shares in some of China’s largest companies notched eye-watering gain...
Stock Market Today: Dow Rises, Fed Decision Ahead, Alibaba and JD.com Soar
Text size Fed Chair Jerome Powell will host a press conference at 2:30 p.m. Eastern. Graeme Jennings / POOL/AFP via Getty Images Stocks were moving higher Wednesday as markets readied for a long-await...
Refugees flee to Poland with economic political impact
A child greets from the window of a bus after crossing the Ukrainian border with Poland at the Medyka border crossing, southeastern Poland, on March 14, 2022. Louisa Gouliamaki | AFP | Getty Images In...
VW and Goldman Sachs-backed Northvolt plans German gigafactory
A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt said Tuesday it would look to build a gigafactory in Germany, wi...
Starbucks unveils new plans to eliminate single-use cups, encourage reusable mugs
A protestor walks past a caricature made of coffee cups outside of the Starbucks Annual Shareholders Meeting at McCaw Hall, on March 21, 2018 in Seattle, Washington. Stephen Brashear | Getty Images Wh...
How the stock market ‘fear index’ works
The volatility index, also known as the VIX, essentially takes a reading of the stock market’s blood pressure, measuring investors’ fear. The VIX can spike when investor concerns are heigh...
Cyber crime up as hackers use Ukraine war as distraction
Online hackers have been more active since Russian forces invaded neighboring Ukraine in late February, CrowdStrike CEO George Kurtz told CNBC’s Jim Cramer on Tuesday. In an interview on “...
Bausch Health is a buy
SoFi Technologies Inc: “[CEO] Anthony Noto is not a loser, he is a winner and he will get this thing going. It is very low at $8 and yet I like it.” Zim Integrated Shipping: “It̵...
Cramer says the stock market is unusually fragile, use rallies to raise cash
Jim Cramer advised investors on Tuesday to use rallies as an opportunity to sell and better handle volatility in the currently tumultuous market. “When things look really horrible and we’v...
Charts suggest the S&P 500 is poised for a short-term bounce
Technical analyst Carolyn Boroden thinks the S&P 500 may soon see a short-term rally, CNBC’s Jim Cramer said Tuesday. “The charts, as interpreted by Carolyn Boroden, suggest that the S...
Democrats urge Biden to restart climate negotiations in stalled plan
U.S. President Joe Biden speaks during an event at Germanna Community College February 10, 2022 in Culpeper. Virginia. Win McNamee | Getty Images More than 80 House Democrats this week called on Presi...
Starbucks, Volvo test EV charging network at coffee giant’s stores
Volvo will install as many as 60 Volvo-branded, ChargePoint DC fast chargers at up to 15 Starbucks locations along a 1,350-mile route from the Denver area to the coffee company’s Seattle headqua...
Macy’s overhauls its website and trains personal stylists
Macy’s store in Herald Square in New York. Scott Mlyn | CNBC Macy’s is preparing to overhaul its website and train some of its workforce to be personal stylists in a bid to win more custom...
Astra stock ASTR swings: LV0009 rocket reaches orbit
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight Rocket builder Astra returned to flight with a successful orbital ...
GM to begin production next week brand’s first EV
An undated handout photo shows the new Cadillac Lyriq, one of the electric vehicles that General Motors Co said on October 20, 2020, that its Spring Hill, Tennessee, factory will begin to produce. Gen...
Hycroft stock saw spikes in price, trading volume ahead of AMC deal
View of the huge Gold and Silver Allied Nevada-Hycroft Mine near Sulphur in Black Rock Desert, Nevada, near the small towns of Sulphur and Gerlach. Federica Grassi | Moment | Getty Images Hycroft Mini...
White House says U.S. will run out of money to fight pandemic
A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Ler...
Retail sales will grow this year, but at a slower rate than in 2021, trade group says
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images Retail sales in the U.S. are expected to grow between...
Ethereum Co-Founder Calls Solana ‘Unsustainable’ Citing ‘Fake It Until You Make It’ Business Model
Ethereum co-founder Joseph Lubin questions the viability of other cryptocurrency projects receiving huge injections of capital. One of Ethereum’s main competitors is Solana, which has faster transac...
Airlines bet surge in travel will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered...
American Airlines, Starbucks, Peloton and more
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...
Oil drops again, now more than 27% below recent high
Oil rigs work on platforms in Gaoyu Lake in Gaoyou in east China’s Jiangsu province Friday, Sept. 17, 2021. Barcroft Media | Getty Images Oil registered heavy losses Tuesday, building on Monday&...