A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target – ...
Tag: Business
Russian-backed investment fund tied to influential U.S. corporate consulting firm
An investment fund backed by Russian oligarchs that have been sanctioned by the European Union following the invasion of Ukraine has ties to Teneo, an influential corporate advisory firm based in the ...
Major crypto firms’ UK business at stake as regulatory clock ticks down
The UK’s government has brought forward legislation to crack down on “dirty money,” as geopolitical tensions escalate following Russia’s invasion of Ukraine last week. Due to be read out in Parliament...
You can watch the Netflix Marvel shows on Disney+ starting March 16
Krysten Ritter, Finn Jones, Charlie Cox and Mike Colter star in Netflix’s “The Defenders.” Netflix Netflix’s suite of Marvel-branded television shows will arrive on Disney+ in ...
Jeep maker Stellantis aims to double revenue by 2030
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on Januar...
A new BlackRock shareholder vote that may rule future proxy battles
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock Inc., pauses as he speaks during the BlackRock Asia Media Forum in Hong Kong, China. Justin Chin | Bloomberg | Gett...
SE Stock Down On Quarterly Earnings Miss| Investor’s Business Daily
Sea Limited (SE) reported fourth-quarter results early Tuesday that missed earnings estimates but beat on revenue. SE stock fell. The company reported an adjusted loss of 88 cents a share on revenue o...
Domino’s Pizza (DPZ) Q4 2021 earnings miss, CEO Ritch Allison to retire
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday announced a C-suite shake-up and qu...
Kohl’s (KSS) reports Q4 2021 earnings
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 on Tuesday reported fiscal fourth-...
Target (TGT) Q4 2021 earnings
Target on Tuesday said sales rose 9% in the fiscal fourth quarter, as it weathered supply chain challenges over the holidays and built on e-commerce and customer gains during the pandemic. The discoun...
Baidu Stock Jumps Even as Earnings Miss Estimates. There Are Big Things to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
Pentagon’s SDA awards Transport Layer satellite internet contracts
Aerial view of the United States military headquarters, the Pentagon. Jason Reed | Reuters The Space Development Agency, an acquisition arm of the Department of Defense, on Monday announced nearly $1....
What to know before filing business taxes for the first time
In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means ...
Victoria’s Secret is leaning into comfort and women are taking notice
Source: Victoria’s Secret At first glance, shoppers may be hard pressed to believe that Victoria’s Secret’s new lingerie lineup is actually from Victoria’s Secret. In mid-Febru...
Cruise co-founder named CEO once again after unexpected departure
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. ...
Jim Cramer says Russia’s invasion of Ukraine could put more pressure on Fed to raise interest rates
The Federal Reserve faces more pressure to increase interest rates as Russia’s invasion of Ukraine hinders a market already hit hard by inflation, CNBC’s Jim Cramer said Monday. “The...
HP Inc. CEO Enrique Lores defends stock buyback program
HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up ...
Sports leagues flex soft power against Russia over invasion
Alex Ovechkin #8 of the Washington Capitals shoots the puck against the New York Rangers during the second period at Capital One Arena on October 13, 2021 in Washington, DC. Patrick Smith | Getty Imag...
Worst-Ever Russia Sanctions Set To Become A Business, Market Nightmare
The skyscrapers of Moscow against a residential street. Washington and Brussels have hit the Russian … [+] economy with never-before-seen sanctions since its 2014 battle with Ukraine. What’...
Lucid Stock Sinks As Tesla Rival Slashes 2022 Production Outlook| Investor’s Business Daily
Lucid Motors (LCID) significantly missed earnings estimates for its fourth quarter late Monday and slashed 2022 production outlook. Earlier, Lordstown Motors (RIDE) joined Nikola (NKLA) in reporting s...
Cramer’s lightning round: I like Lazard here
Oceaneering International Inc.: “It’s right here. There are a lot of times when I look at these stocks and I think, ‘Well, they have contracts, the contracts could go bad.’ I t...
Charts suggest it’s not time to go all-in on stocks yet
Investors should be a little more patient before going all-in on the unsettled stock market, CNBC’s Jim Cramer said Monday, summarizing the latest takeaways from technical analyst Mark Sebastian...
Pfizer Covid vaccine was just 12% effective against omicron in kids 5 to 11, study finds
Nora Gossett, 7, reacts as she receives the Pfizer-BioNTech COVID-19 vaccine from Sophia Jan, MD, while her father Jeff Gossett, MD, holds her hand at Cohen Children’s Medical Center as vaccines...
Lucid slashes 2022 vehicle production forecast
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
Starlink satellite dishes arrive, official thanks Elon Musk
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. Nacho Doce | Reuters A shipment of SpaceX’s Starlink satellit...
We need to stop ‘apologizing for being capitalists’ and support business
New York City Mayor Eric Adams told CNBC on Monday he wants to encourage new business formation in the Big Apple, including in nascent industries like cryptocurrency. In an interview on “Squawk ...
ISS partnership with Russia ‘working’ despite Ukraine conflict
The International Space Station is pictured from SpaceX’s Crew Dragon Endeavour during a fly around on Nov. 8, 2021. NASA NASA’s top official on human spaceflight addressed the agency̵...
Warren Buffett’s Preferred Equity Allocation Is 100%
Warren Buffett’s preferred equity allocation is 100%, and he has adopted that strategy both personally and at Berkshire Hathaway in a way that is radically different from other companies in the insura...