Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor is cutting production next week of several key products due to an ongoing ...
Tag: Business
Columbia CEO Boyle says early holiday shopping helped boost Q4 profits
Columbia Sportswear’s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. S...
This is a treacherous market filled with extreme stock moves
CNBC’s Jim Cramer on Friday offered viewers his game plan for the next five trading days on Wall Street. The “Mad Money” host’s lookahead came after the S&P 500 and Nasdaq ...
Russia’s Head Of Chamber Calls For Bitcoin Mining To Be Recognized As Business
The government of Russia is coming under more pressure to make more friendly regulations for crypto in the country. A letter sent to Russia’s finance minister by Sergey Katyrin, the head of the Chambe...
I don’t think Rivian will be the next Tesla
Rivian: “No, I don’t think [it’s going to be the next Tesla]. I think that it’s going to be a very unsexy truck maker. I have to tell you, Ford has to sell its stock [in Rivian...
Though rare, Moderna Covid vaccine recipients have higher risk of heart inflammation than Pfizer
Moderna’s two-dose Covid-19 vaccine is associated with a higher risk of heart inflammation than Pfizer’s, but the benefits of both companies’ shots outweigh the risks, according to a...
‘Mattress Mack’ places record-setting bet on Bengals
Jim McIngvale, better known as “Mattress Mack,” said he drove 100 miles from Houston to cross the border into Louisiana on Thursday to make what’s believed to be the largest mobile s...
Disney is looking for a business developer with NFT experience
advertisement Disney — one of the largest media companies in the world — is looking to hire a business development manager experienced with non-fungible tokens (NFTs). Specifically, the potential can...
Gas prices climb to highest level in more than 7 years as oil surges above $90
A gas station in Los Angeles on Dec. 10, 2021. FREDERIC J. BROWN | AFP | Getty Images Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark toppi...
Oil Stocks At Or Near Buy Range As Oil Surges Above $90 On Winter Blast| Investor’s Business Daily
U.S. oil prices surged briefly above $92 per barrel early Friday, holding above the key benchmark as a massive winter storm swept through Texas headed toward the Northeast. X Thousands of flights were...
Moderna’s Covid vaccine for teens awaits OK as regulators review heart inflammation risk
A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been o...
Amazon, Snap, Ford and more
Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estima...
American Dream megamall nearly empties its reserves to make a bond payment
American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. Then came the coronoavirus pandemic. Timothy A. C...
Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’
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 said Friday it believes recent tak...
Volvo Cars, Northvolt to build gigafactory in Gothenburg
A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images Volvo Cars and Northvolt said Friday they would b...
Bodegas look to zoning to defend against instant delivery rivals
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of ...
Russian Chamber of Commerce Asks Crypto Mining to Be Recognized as a Business
The head of Russia’s Chamber of Commerce has sent a letter to the country’s Finance Minister. In it, he called for crypto mining to be recognized as a business and for studies of cryptocurrencies as a...
I inherited ‘a sizeable amount’ from my mother. A financial adviser took me out for a free meal at an investment seminar, and made ‘some good, interesting points.’ But should I be wary?
Let’s hope you enjoyed your meals but didn’t swallow too much of that investment advice. Getty Images Finding good, trustworthy financial advice is tough. Sometimes people luck into a recommendation f...
at-home testing, from Covid to cancer, worth $2 billion dollars
The at-home testing market is bigger than just Covid tests, and it’s bigger than over-the-counter pregnancy tests. In fact, the emerging marketplace of consumer-initiated lab testing may be wort...
Siemens Gamesa sees revenue drop, lowers guidance
A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Siemens Gamesa Renewable Energy has cut its guidance for the comin...
Southwest will bring booze back on board Feb. 16 after nearly two years
Travelers wait to check in at the Southwest Airlines ticketing counter at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch | Getty...
I think Rattler Midstream is a buy
Rattler Midstream: “That group is red hot. The mastere limited partners. This thing yields 8%. I think it’s money good. I think it’s great. … Buy.” Nextdoor: “It...
NBA unveils Kobe Bryant All-Star Game trophy two years after his death
NBA Kobe Bryant trophies Source: NBA The National Basketball Association has redesigned its All-Star Game’s most valuable player trophy to honor the legendary Kobe Bryant, two years after his de...
Snap Stock Soars On Quarterly Earnings Beat| Investor’s Business Daily
Snap (SNAP)reported fourth-quarter results late Thursday that beat analyst estimates, as did its outlook. Snap stock soared in reaction, after plunging in regular-hours trading.. X The company reporte...
Nissan taps ‘Schitt’s Creek,’ Marvel stars
Nissan is returning to Super Bowl advertising after a seven-year hiatus with an star-studded commercial led by “Schitt’s Creek” actor and co-creator Eugene Levy. Nissan Nissan Motor ...
‘We do not want him to receive anything from our estate’: How do we ensure our son-in-law does not get his hands on our money?
Dear Quentin, My wife and I are in our 70’s and have one daughter as the sole beneficiary to our estate. We live in Ohio. She is separated from her husband, and it doesn’t appear that they will be get...