LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that us...
Tag: Business
OceanTech Acquisitions I Corp. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination
NEW YORK–(BUSINESS WIRE)–On November 29, 2022, OceanTech Acquisitions I Corp. (the “Company” or “OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, announced that its stock...
Jim Cramer says he likes these 3 restaurant stocks
CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the econ...
Seagate is not for this market
Seagate Technology Holdings PLC: “I don’t want you to buy any more, because it’s just not a high-quality enough stock during this period in the cycle. … It’s not for this...
EV maker Fisker faces liquidity questions after cash is tied up claim
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...
FDA pulls antibody bebtelovimab because not effective against omicron BQ.1
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters A key monoclonal antibody used to treat peopl...
Powell’s inflation remarks a ‘green light’ to stay in stocks
CNBC’s Jim Cramer on Thursday said Federal Reserve Chair Jerome Powell’s inflation remarks the day before confirmed that inventors shouldn’t exit the market over recession fears. ...
Fauci calls out a bad job of vaccinating elderly
Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, testifies at a Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related ...
Fox CEO Lachlan Murdoch to face questioning in Dominion lawsuit
Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 11, 2019. Brendan McDermid | Reuters Fox ...
Ulta Beauty (ULTA) earnings Q3 2022
Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday. Aimee Dilger | LightRocket | Getty Images Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s ...
Kroger (KR) earnings Q3 2022
Kroger on Thursday raised its forecast for the year after stronger fiscal third-quarter sales topped Wall Street expectations and inflation continued to push up the prices shoppers pay for milk, eggs ...
Delta making lounge access harder after complaints of crowding, lines
The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, on Wednesday, June 1, 2022. Stephanie Keith | Bloomberg | Getty Images Delta Ai...
Salesforce, Five Below, Okta, Costco and more
A shopper loads a car with bottled water at a Costco Wholesalers in Chingford, Britain March 15, 2020. John Sibley | Reuters Check out the companies making headlines in midday trading. Salesforce — Sh...
Designer Brands, Lands’ End, Salesforce and more
Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Bryan Bedder | Getty Images Check out the compani...
UK banks given new targets to boost working class senior hires
The U.K.’s financial services sector has been issued new targets for at least half of senior leaders to come from working-class or lower socio-economic backgrounds by 2030. Sopa Images | Lightro...
Hardship withdrawals from 401(k)s reach ‘concerning’ all-time high, Vanguard says
Amid stubbornly high inflation, a record-breaking share of Americans are turning their 401(k) accounts into emergency piggy banks, according to Vanguard. Dissecting data from a sample of the approxima...
Snowflake stock drops after sales forecast that CFO admits is ‘conservative’
Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...
Sam Bankman-Fried’s FTX roadshow goes on: 10 crazy things he’s just said
Sam Bankman-Fried sure isn’t going quietly into the night. With his crypto empire in ruins, numerous federal probes and years of litigation hanging over his head, the FTX founder has counter-intuitive...
Okta stock jumps 15%, CEO promises profit as sales reps get on same page
Okta Inc. executives on Wednesday said they will report an adjusted profit in the fourth quarter and, in a surprise, predicted profitability for all of next fiscal year, trumping profit concerns stemm...
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit a bear market, after Federal Reserve Chairman Powell said the central...
Mojo Rawley Is Thriving After WWE With A Powerful Business That Helps Wrestlers
Mojo Rawley, alongside Rob Gronkowski, won the Andre the Giant Memorial Battle Royal at WrestleMania … [+] 33. Credit: WWE.com Dean Muhtadi, formerly known as the highly energetic Mojo Rawley, w...
Banks are short more than $1 trillion in capital, says this analyst, who fears the shortfall will only get worse
The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding valuations. That claim may surpris...
Opinion: Salesforce better get used to Marc Benioff in charge, because he keeps chasing off his chosen successors
Salesforce Inc. has twice promoted a seasoned executive to co-CEO, and both times it was taken as a sign that the cloud-software pioneer had found an eventual successor to co-founder Marc Benioff at t...