United Airlines ramp services worker John Dalessandro receives a COVID-19 vaccine at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois. Scott Ol...
Tag: Business
Bill Ford is doubling down on Ford shares and amassing more control of the company
Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Mich...
Stocks making the biggest moves premarket: BlackRock, Wells Fargo, Sherwin-Williams
Check out the companies making headlines before the bell: BlackRock (BLK) – BlackRock earned an adjusted $10.42 per share for the fourth quarter, beating the consensus estimate of $10.16, although rev...
Apple Stock: Analyst Sizes AR Glasses Business
With speculation rising that Apple (AAPL) could announce a headset for virtual reality or augmented reality this year, one Wall Street analyst has decided to size the business opportunity for the comp...
Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion
Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), holds a news conference … [+] in Singapore, on February 22, 2019. Ore Huiying/Bloomberg United Overseas Bank—controlled...
Decurrent Holdings to Sell its Crypto Business to Amber Group Atop Steep Losses
Japan-based digital currency trading and exchange outfit DeCurrent Holdings has decided to sell its crypto unit to Hong Kong-based Amber Group. As reported by Nikkei, the deal is expected to be comple...
Mastercard CEO says spending trends look ‘relatively positive’ in 2022
Consumer spending trends look “relatively positive” so far this year, Mastercard CEO Michael Miebach told CNBC on Thursday, following strong holiday numbers. Miebach’s comments in an...
One of the World’s Dirtiest Oil Patches Is Pumping More Than Ever
TORONTO—Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most envir...
‘Scream’ looks to draw in young horror fans, jumpstarting 2022 box office
Still from “Scream.” Paramount Pictures The latest installment in the “Scream” franchise opens this weekend to a movie theater industry threatened by a rapid rise in coronaviru...
Dow Jones Falls; Ford Stock Passes Milestone, Tesla Gets Hammered; Nvidia Dives Despite This| Investor’s Business Daily
The Dow Jones Industrial Average reversed lower while tech stocks got spanked. Ford Motor (F) passed the $100 billion mark even as Tesla (TSLA) plunged. Nvidia (NVDA) took a dive even as Taiwan Semico...
Japanese giant GMO Internet Group to build blockchain business on Klaytn » CryptoNinjas
GMO Internet Group, a Japan-based internet service provider. announced it will partner with Klaytn Foundation to explore blockchain business on Klaytn, a blockchain initiative by the Kakao Group. This...
Biden says U.S. to provide high quality masks for free to Americans
US President Joe Biden holds up a KN95 mask as he delivers an update on his Administrations whole-of-government COVID-19 surge response at the White House in Washington, DC, on January 13, 2022. Jim W...
Ford, Snap, Virgin Galactic and more
Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, March 29, 2021. Rebecca Cook | Reuters Check out the companies making headlines in...
Databricks launches Lakehouse for Retail as CEO focuses on growth
Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco on Oct. 22, 2019. David Paul Morris | Bloomberg | Gett...
Ford’s market cap tops $100 billion for first time ever
Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks
A Delta Air Lines employee works on the departures level at Los Angeles International Airport (LAX) on August 25, 2021 in Los Angeles, California. Mario Tama | Getty Images Delta Air Lines CEO Ed Bast...
‘Green’ fuels more expensive but need to think long term: Maersk CEO
The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to ̶...
Biden deploys military medical personnel to hospitals in six states
A soldier transports a patient at UMass Memorial Medical Center in Worcester, Massachusetts on December 30, 2021. Joseph Prezioso | AFP | Getty Images President Joe Biden on Thursday will announce the...
Delta Air Lines, Moderna, Virgin Orbit and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares rose 2.2% in the premarket after the airline beat top and bottom-line estimates for the fourth quarter. D...
Virgin Galactic stock falls after plans to raise $500 million in debt
Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Shares of Virgin Galactic fell in tradin...
Delta Air Lines (DAL) earnings 4Q 21
A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines said Thursday that ...
Wall Street’s Favorite Oil Stocks for 2022—Including an Obscure One
Text size Bing Guan/Bloomberg Several analysts and strategists expect energy stocks to outperform the broader market in 2022, as they did in 2021. Energy tends to do well in inflationary environments,...
German Online Bank N26 to Launch Cryptocurrency Trading Business This Year – Bitcoin News
N26, a German online neobank, has announced it will get into the cryptocurrency trading business this year. The announcement was made by Max Tayenthal, co-founder and a CEO of the company, who pondere...
Manhattan rents were the highest ever for December
Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments p...
The yield curve is no longer sending a don’t-worry-be-happy signal, warns bond king Jeffrey Gundlach
The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...
Jim Cramer says ViacomCBS is a buy, sees room for the stock to run
CNBC’s Jim Cramer said Wednesday he believes ViacomCBS is an attractive investment right now, citing the media company’s dividend payment and improving fundamentals. The stock has jumped i...
Founder of nationwide tax-prep firm sentenced to prison for skimming $70 million in exorbitant fees over a 5-year period
Talk about a tax burden. The founder of a nationwide tax preparation chain has been sentenced to a year and a day in prison for running a tax refund advance scheme that fleeced customers with $70 mill...
China critic Sen. Tommy Tuberville once again bought Alibaba stock
Sen. Tommy Tuberville, R-Ala., conducts a news conference in the senate subway to propose a vote on the January 6th commission today and delay the Endless Frontier Act and the Innovation and Competiti...
These S&P 500 stocks have cratered, but analysts think 12 can turn it around with rebounds of up to 70%
A period of high inflation and rising interest rates has taken out shares of companies with rich valuations. Then there’s the stubborn coronavirus, with variants raising infection rates and causing st...