The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc...
Tag: Business
Berkshire Scores Big With Japanese Investments. Currency Hedge Is Key.
One of Berkshire Hathaway ‘s bigger investment scores in recent years was the purchase of a group of five Japanese trading companies that now are showing an estimated profit of about $4 billion on an ...
Credit Suisse projects $1.6 billion fourth-quarter loss
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected a 1.5 billion Swi...
I still see another bad quarter ahead for Ford Motor
Ford Motor Co: “I still see another bad quarter ahead because they don’t have the right inventory, and then maybe things can get better.” Duolingo Inc: “Everyone I know loves i...
Jim Cramer says these 10 tech and software stocks can make a comeback
CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy. Here is his list: Amazon Microsoft Alphab...
Charts suggest a major buy opportunity for oil is coming
CNBC’s Jim Cramer said Tuesday that investors should gear up to buy oil next month, relying on charts analysis from Carley Garner. “She thinks there could be one last washout from this wee...
Envoy Air says pilot who was reported incapacitated during flight has died
An American Eagle Embraer 175 aircraft is seen on the tarmac through a plane window at LAX in Los Angeles, California, U.S., January 10, 2018. Lucy Nicholson | Reuters An Envoy Air flight returned to ...
Best Buy (BBY) earnings Q3 2023
A customer watches as Best Buy employees load his new television into his car during the state’s sales tax free weekend, beginning on Saturday. Erin Clark | Boston Globe | Getty Images Best Buy ...
Stocks making the biggest moves after hours: Nordstrom, Autodesk and more
A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines after hours. Nordstrom — Shares fell more than 4% after the department store cut its forecast. Nords...
Fauci to cooperate with House Republican into Covid origins
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus during the White House press briefing on Tuesday, November 22, 2022. Tom Williams...
Supreme Court to hear Jack Daniel’s trademark case against dog toy company
Jack Daniel’s, Tennessee whisky. Newscast | Universal Images Group | Getty Images The Supreme Court has agreed to take up a trademark case centered around a squeaky dog toy that’s “4...
Taylor Swift tour promoter says it had no choice but to work with Ticketmaster
Taylor Swift accepts the Artist of the Year award onstage during the 2022 American Music Awards at Microsoft Theater on November 20, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entert...
U.K. lags OECD average with pandemic GDP recovery
LONDON — U.K. growth has lagged the world’s biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based ...
Abercrombie & Fitch, Disney, Best Buy, Zoom and more
A pedestrian stands outside of the Abercrombie & Fitch store on Fifth Avenue in New York City. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Ab...
Business Transformation Experts Share A New, Research-Backed Leadership Methodology
“Unleash Your Transformation” by Marco van Kalleveen and Peter Koijen is released with Forbes Books This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). ...
Best Buy, Dick’s, Abercrombie & Fitch and others
Check out the companies making headlines before the bell: Best Buy (BBY) – Best Buy rallied 7% in the premarket after its third-quarter results beat analyst estimates. The electronics retailer also re...
Disney CEO Bob Iger plans restructuring, Chapek loyalist Kareem Daniel to leave
Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Ima...
You ought to pass on Medical Properties Trust
Howmet Aerospace Inc: “I think aerospace exposure is incredibly important, and Howmet will give it to you.” UiPath Inc: “I actually believe in the company, but that company is losing...
DraftKings says no evidence systems were breached following report of a hack
Omar Marques | LightRocket | Getty Images DraftKings said Monday there is no evidence the online betting platform’s systems were breached following a report that some users were hacked. An unkno...
Charts suggest the S&P 500 will rally in December, Jim Cramer says
CNBC’s Jim Cramer said Monday that stocks in the benchmark S&P 500 will likely rally next month. “The charts, as interpreted by the legendary Larry Williams, suggest that the Santa Cla...
Jim Cramer says he’s bullish on Disney after Iger’s return as CEO
CNBC’s Jim Cramer said Monday that he’s sticking by Disney after the company welcomed Bob Iger back to the chief executive role. “Disney’s the defining story of the day. This i...
Paramount scraps deal to sell Simon & Schuster to Penguin
The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Si...
Disney blindsided Chapek with decision to replace him with Iger
Disney chose to rehire Bob Iger as chief executive after receiving internal complaints from senior leadership that Bob Chapek was not fit for the job, according to people familiar with the matter. The...
NASA’s Orion spacecraft flies by the moon on Artemis 1 mission
NASA’s Orion spacecraft made its closest approach to the moon on Monday morning during day five of the Artemis 1 mission. The uncrewed capsule flew about 81 miles above the lunar surface, the ag...
Zoom, Dell, Urban Outfitters and more
Detail of a home office setup on a kitchen worktop, including a laptop computer with Zoom video conferencing software, taken on September 9, 2020. Phil Barker | Future Publishing | Getty Images Check ...
India is Not Viable for Business
Binance CEO Changpeng “CZ” Zhao has come out and said that he believes India is currently not a viable business environment for his exchange and takes issue with the country’s strict tax regime. The C...
Opinion: These five technology stocks give investors more reward for their risk
Earnings season for the technology sector is just about over. It’s been a mixed bag. Slower economic growth and higher interest rates put a damper on revenue. Some of the biggest names in tech have co...