Unilever CEO Alan Jope photographed at the World Economic Forum in May 2022. Hollie Adams | Bloomberg | Getty Images The CEO of consumer goods giant Unilever said Tuesday that prices would likely cont...
Tag: Business
Goldman, Pfizer, Cheesecake Factory, Alibaba and more
A Cheesecake Factory restaurant in Louisville, Kentucky. Andy Lyons | Getty Images Check out the companies making the biggest moves midday: Goldman Sachs — The bank slid more than 2% after reporting e...
Shift to low-carbon economy will happen, but too late: John Kerry
John Kerry photographed at the World Economic Forum in Davos, Switzerland, on January 17, 2023. Fabrice Coffrini | AFP | Getty Images The world will eventually move to a low-carbon economy, but it may...
Top business leaders discuss financial innovation at the World Economic Forum
[The stream is slated to start at 2:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Steve Sedgwick, top business leaders discuss at Davos,...
Adidas says Berlin Fashion Week launch and co-CEO announcements are fake
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Several press releases allegedly sent from Adidas a...
Food fraud secretly infiltrates America. Here’s how you can avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...
10 auto industry predictions for 2023
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on hig...
Samsung Knocks Longtime Patent Leader IBM Off Its Perch
In a year when the U.S. issued the smallest number of patents since 2018, Korean electronics giant Samsung Electronics nosed past IBM with the most new patents, the first time in 29 years that IBM fai...
Natural Catastrophes Become The Largest Driver Of Corporate Insurance Losses In The US.
Authored by Lee Shavel — President and CEO, Verisk When businesses assess risks, they often consider factors such as data breaches, operational disruption, compliance or reputational risk. Natural cat...
Zero-fare public transit movement gains momentum
Passengers boarding a Metrobus in downtown Washington, Wednesday, Dec. 7, 2022. Pablo Martinez Monsivais | AP Washington, D.C., is on the verge of eliminating bus fares for city residents, joining oth...
Costamare is not a buy
Costamare Inc: “I don’t like [the] container ship business. And the rates are falling. I’m not going to say, buy that.” Lamar Advertising Co: “They are in a business that...
Wait before trading on company earnings
CNBC’s Jim Cramer on Friday warned investors not to make trading decisions fresh off a company’s earnings report. Stocks made a comeback on Friday after falling initially on quarterly earn...
Tanking Biotech Stocks Will Mean a Big Year for Deals. Who Could Benefit.
Nearly two years after biotechnology stocks began to tumble, executives at small and midsize companies in the space are finally accepting that share prices aren’t bouncing back anytime soon. With real...
JPMorgan Chase, Bank of America and Wells Fargo earnings show the good, the bad and the ugly of people’s finances. So how are they holding up?
Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keepi...
Pfizer Covid booster likely doesn’t carry seniors’ stroke risk: CDC
The Centers for Disease Control and Prevention on Friday said it is “very unlikely” the Pfizer omicron booster carries a risk of stroke for seniors after it launched an investigation into ...
U.S. uninsured rate fell during Covid pandemic, Medicaid, Obamacare coverage grew
The number of people in the U.S. without health insurance declined during the Covid-19 pandemic even as millions of people lost coverage through their employers due to layoffs. The uninsured rate in t...
Virgin Galactic Shakes Up Management. The Stock Soars.
Space tourism startup Virgin Galactic has made changes at the top as it prepares to launch commercial space flight service later this year. The stock is taking off, but the management move probably is...
Hasbro delays new Dungeons & Dragons licensing rules
Set of pen, notebook, and dices to play role game like dungeons and dragons. Purple bag to storage the dices. in Barcelona, CT, Spain Cavan Images | Istock | Getty Images Dungeons & Dragons fans w...
Key Senate Democrats push Southwest CEO for answers on holiday meltdown
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...
JPMorgan Chase, Wendy’s and more
A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. JPMorgan ...
Neom is Saudi Arabia’s $500 billion bet to build a futuristic city
Saudi Arabia is building a futuristic city in the middle of a vast desert— from scratch. A vital element of the country’s Vision 2030 plan, the project is the brainchild of Saudi’s de fact...
‘Flash’ star Ezra Miller avoids jail with trespassing plea deal
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle/bauer-griffin | Filmmagic ...
Nelson Peltz, Trian won’t pursue Wendy’s takeover
David Paul Morris | Bloomberg | Getty Images Nelson Peltz isn’t interested in acquiring Wendy’s, according to a regulatory filing made on Friday. Peltz serves as non-executive chair on the...
Rupert Murdoch deposition delayed in Dominion-Fox lawsuit
Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho....
Delta CEO urges Washington to increase FAA funding after ‘unacceptable’ outage
Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees ‘strong demand’ for flights carrying in...
Delta Air Lines (DAL) earnings Q4 2022
Delta Air Lines Airbus A330neo or A330-900 aircraft with neo engine option of the European plane manufacturer, as seen departing from Amsterdam Schiphol AMS EHAM International airport. Nicolas Economo...
Bed Bath & Beyond Ponders Bankruptcy, Exciting the Meme Crowd
What were shareholders thinking? Shares of retailer Bed Bath & Beyond zoomed 179%, to $3.49 this past week, despite the retailer warning of a possible bankruptcy. One explanation: Meme stock mania...