Ford Motor Co. signage at the Washington Auto Show in Washington, D.C., Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT — Ford Motor is announcing fourth-quarter earnings after the markets ...
Tag: Business
Online car retailer Vroom goes from dark to Broadway musical in new Super Bowl ad
Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of “La La Land” dance choreographer Mandy Moore. The 30-second spot called ...
WNBA raises $75 million in first-ever funding round, valuing league at $1 billion
The WNBA on Thursday announced it completed its first-ever capital raise, bringing in a host of big-name investors including Nike and former U.S. Secretary of State Condoleezza Rice, as the league loo...
Premixed cocktails steal share from beer and hard seltzer, propelling surging growth
Anna Elias | Moment | Getty Images Premixed cocktails were the fastest-growing spirits category in 2021, stealing share from beer and hard seltzer. Sales of premixed cocktails surged 42.3% to $1.6 bil...
What investors should know ahead of Q4 results
A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT – Shares of Ford Motor le...
ICEYE raises $136 million to build out satellite catastrophe products
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add ...
Ulta Beauty CEO says it’s not enough to put Black-owned brands on shelves
Ulta Beauty CEO Dave Kimbell said it is not enough for stores to put Black-owned brands on shelves. Instead, he said, the retailer wants to make sure those brands gain a fan following and ultimately, ...
Merck (MRK) earnings Q4 2021
Merck sold $952 million of its Covid-19 treatment pill molnupiravir in the fourth quarter, saying Thursday it’s on track to sell another $5 billion to $6 billion more this year. Most of its sale...
Bob Jordan is now Southwest Airlines’ new CEO. Here’s what’s on his plate
Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reute...
Danish energy fund to lead massive green hydrogen project in Spain
Wind turbines photographed in Aragon, Spain. Pepe Romeo / 500px | 500px | Getty Images Plans for a huge project aiming to produce green hydrogen and ammonia have been announced, with those behind it h...
Cramer cheers Alphabet stock split, expects retail investors to buy in
CNBC’s Jim Cramer said Wednesday he expects retail investors will flock to shares of Alphabet in greater numbers after the Google parent completes its planned 20-for-1 stock split. “If the...
Jim Cramer sees promise in natural gas firm Coterra Energy
CNBC’s Jim Cramer said Wednesday he sees promise in Coterra Energy, a natural gas-focused firm formerly called Cabot Oil & Gas Corporation. “When you’re picking among oil and gas...
We’re being harsh on companies that went public via SPAC
Boxed: “We are being very harsh on companies that came public via SPAC, even ones we like, so I’m just going to have to say I’m withholding.” Graphic Packaging: “I happen...
Waste Management CEO Jim Fish touts ‘pretty darned robust’ 2022 outlook
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that ...
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights
A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...
Snap Stock Plunges On Facebook Report| Investor’s Business Daily
Snap (SNAP) and Pinterest (PINS) both tanked in after-hours trading Wednesday, following a fourth-quarter earnings report from Facebook parent Meta Platforms (FB) that missed estimates across the boar...
Biden urges against USPS plan to spend billions on gas vehicles
A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...
Ferrari has a lot riding on its new SUV, the Purosangue
Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna, who has bee...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
Extreme heat driven by climate change is new normal for oceans
A diver checks the coral reefs of the Society Islands in French Polynesia. on May 9, 2019 in Moorea, French Polynesia. Alexis Rosenfeld | Getty Images More than half of the world’s ocean surface...
SeaWorld’s bid for Cedar Fair makes sense, but it may have to pay more
Guests ride the Bayside Skyride at SeaWorld on July 20, 2021 in San Diego, California. Daniel Knighton | Getty Images Entertainment | Getty Images Theme park experts aren’t surprised that SeaWor...
Alphabet, PayPal, General Motors, AMD & more
The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alph...
AMC to raise $500 million in bond sale as it seeks to refinance debt
An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters Movie theater chain AMC Entertainment plans to sell $500 million i...
Starbucks CEO Kevin Johnson on why Chinese sales were weak
Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...
Satellite internet tier at $500 per month
SpaceX has quietly rolled out a new, more powerful “premium” tier of its Starlink satellite internet service that’s targeted at businesses and enterprise customers. The new product, ...
Opinion: Invest in Google if you like — but that stock split isn’t a solid reason to be bullish
CHAPEL HILL, N.C. – Alphabet’s just-announced 20-for-1 stock split is not the bullish omen that investors are making it out to be. There are two major arguments being given for why this stock split is...