Securities and Exchange Commission Chair Gary Gensler on Wednesday issued a warning to retail investors who use commission-free brokerage apps to buy and sell stocks. In an interview with CNBC’s...
Tag: Business
PepsiCo and Beyond Meat’s joint venture will reportedly launch a plant-based jerky
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat and PepsiCo&...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
Starbucks won’t require vaccination or weekly testing after court ruling
People wear protective face masks outside Starbucks in Union Square in New York. Noam Galai | Getty Images Starbucks has suspended its plan to require baristas to get vaccinated or receive weekly test...
Disney forms international content group, gears up for streaming push
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. Is an online video streaming subscription service owned and operated by Direct-to-Consumer & International, a sub...
Biden administration announces plan to confront worsening wildfires
US President Joe Biden (C) and First Lady Jill Biden (R) tour a neighborhood destroyed by the Marshall Fire alongside Boulder County Sheriff Joe Pelle (L) in Louisville, Colorado, January 7, 2022. Sau...
SoFi, Procter & Gamble, U.S. Bancorp and more
Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines...
Peloton insiders sold nearly $500 million in stock before its big drop
Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. Peloton stock is down more than ...
Procter & Gamble plans more price hikes for Tide and other products
Procter and Gamble Co. Pampers brand baby diapers are arranged for a photograph taken in Hastings on Hudson, New York, U.S., on Saturday, Oct. 17, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images...
Intel is already active in the bitcoin mining chip business, filing shows
advertisement Bitcoin mining company Griid quietly made a significant disclosure last month: a deal with tech conglomerate Intel to provide it with hardware. The deal, first reported Tuesday by Fox Bu...
Bank of America, UnitedHealth, P&G and more
Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 ...
Procter & Gamble (PG) Q2 2022 earnings
Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Wednesday reporte...
Leading Tesla shareholder wants automaker to issue deliveries guidance above Wall Street estimates
You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -1.82%, on Wednesday was publicly lobbying the company over Twitter on ...
Biden will make 400 million N95 masks available to Americans for free
Workers produce N95 respirators at Protective Health Gear (PHG) in Paterson, New Jersey, U.S., January 14, 2022. Brendan McDermid | Reuters President Joe Biden will make 400 million highly protective ...
Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of p...
Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser
The pain is piling up for equity investors after the long U.S. holiday weekend, with bond yields at levels not seen since early 2020, and oil prices tapping 2014 highs. The pace of Federal Reserve mon...
I can’t recommend Wheels Up since it’s unprofitable
Covetrus: “I want you to do that. I actually think this group is so oversold. You know we had Zoetis on last week. I think animal health is here to stay. I don’t know if you saw Petco, how...
Goldman Sachs shares are a ‘steal’ after post-earnings dip
CNBC’s Jim Cramer said Tuesday he feels Wall Street’s reaction to Goldman Sachs’ fourth-quarter earnings miss was overblown, creating a buying opportunity for investors. “Go ah...
Foreign airlines cancel some U.S. flights despite 5G deal
A Japan Airlines (JAL) passenger plane (R) taxis past another from All Nippon Airways (ANA) at Tokyo’s Narita International Airport in Narita, Chiba Prefecture on July 18, 2021. David Gannon | A...
Some Americans blocked from ordering Biden’s free Covid tests in early website launch
Take home COVID-19 self testing kits provided by the District of Columbia government, which provides city residents four free take home tests per day, are seen in this illustration taken January 11, 2...
Companies hit record $14.5 billion in 2021
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space ...
Peloton hires McKinsey to review cost structure as equipment sales slow
Peloton is working with management consulting group McKinsey & Co. to review its cost structure and potentially eliminate some jobs, CNBC has learned. The possible job cuts were discussed in a rec...
WHO says omicron won’t be last Covid variant as global cases surge by 20% in a week
Maria Van Kerkhove, Technical Lead of the World Health Organization (WHO) Health Emergencies Programme attends a news conference on the outbreak of the coronavirus disease (COVID-19) in Geneva, Switze...
WHO says there’s no evidence healthy children, adolescents need Covid boosters
World Health Organization (WHO) Chief Scientist Soumya Swaminathan attends a press conference organised by the Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, c...
AT&T delays 5G rollout near some airports after airlines warned of cancellations
A Southwest Airlines plane approaches to land at San Diego International Airport as U.S. telecom companies, airlines and the FAA continue to discuss the potential impact of 5G wireless services on air...
Microsoft could have just kicked off a Big Tech gold rush, which helps videogame stocks but maybe not gamers
Microsoft Corp.’s agreement to buy Activision Blizzard Inc. would be the largest tech acquisition ever, and the chance it could prompt other Big Tech names to make their own acquisitions sent videogam...