Earlier this month, my wife and I were delighted to welcome a new granddaughter into the world, and we wanted to give her the very best gift that we could. My readers won’t be surprised to learn that ...
Tag: Business
Disney (DIS) shares rise after Iger replaces Chapek as CEO
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Shares of Disney popped in premarket trade Monday, the morning after the company announced i...
What Bob Iger’s return means for Disney and Chapek’s decisions
Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive o...
Bob Iger returns as Disney CEO effective immediately
Bob Iger is back. Disney, in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger’s handpicked successor as CEO, Bob Chapek, c...
Is Patagonia the end game for profits in a world of climate change?
A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images Many brands are aligning profits with purpose, but Pat...
Layoffs mount, and Main Street still can’t get anyone to take jobs
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters When it comes to salary, small business owner...
A big new Exxon Mobil climate deal that got assist from Joe Biden
Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil’s first-of-its-kind deal to extract, t...
We Don’t See a Viable Business in India – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countri...
Are you prepared for year-end 401(k) deadlines?
As we approach the end of the year, now is a great time to ensure you’re getting the most out of your 401(k) plan. There are several opportunities to expand your savings, potentially minimize your tax...
Match Group Stock Has Been Knocked Down. It’s Time to Pick It Up.
Online dating has been a heartbreaker for investors in Match Group this year. The stock, however, now looks like a keeper. It hasn’t been an easy year for Match (ticker: MTCH). Its stock has fallen 65...
Stock Market Closes Higher As Strong Retail Earnings Outweigh Slow Home Sales| Investor’s Business Daily
The stock market eked out gains in the last hour of trading to close higher Friday, as strong earnings reports from the retail sector outweighed a drop in home sales and news on the economy. The Dow J...
A year after the Nasdaq peak, why stocks could rally from here.
This weekend a year ago the Nasdaq Composite hit a record high. And why not. The Fed Funds rate was then effectively zero, while the central bank continued to buy assets, pumping liquidity into the ma...
FOX Business Journalist Calls Out Kraken’s Mislabeling Of XRP As Ripple
– Advertisement – Terrett believes exchanges are responsible for some confusion surrounding Ripple and XRP. In a tweet yesterday, FOX Business Journalist Eleanor Terret called out Kraken f...
Alibaba Gets a Price Target Cut After Strong Earnings
Text size Benchmark analyst Fawne Jiang maintained her Buy rating on Alibaba despite cutting her price target. AFP via Getty Images Alibaba Group Holding stock popped on Thursday, prompting an analyst...
Flu variant that hits kids and seniors harder than other strains is dominant in U.S. right now
A sign advertising flu shots is displayed at a Walgreens pharmacy on January 22, 2018 in San Francisco, California. A strong strain of H3N2 influenza has claimed the lives of 74 Californians under the...
Ross Stores, Carvana, Coinbase, Rent the Runway and more
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earni...
Taylor Swift slams ‘outside entity’ over Ticketmaster tour sale fiasco
Taylor Swift performs onstage during iHeartRadio’s Z100 Jingle Ball 2019 Presented By Capital One on December 13, 2019 in New York City. Kevin Mazur | Getty Images Taylor Swift responded to fans...
Carvana to lay off 1,500 employees following stock freefall
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall ...
Cost-cutting customers are coming to us in tough economy
Palo Alto Networks is seeing tailwinds from customers looking to slash costs in the worsening economy, CEO Nikesh Arora said Thursday. “The silver lining in the current environment is that we...
Pfizer says omicron booster is better against new subvariants like BQ.1.1
A staff member draws up a syringe with the Comirnaty vaccine from Biontech and Pfizer adapted to the Omicron-BA.1 variant at the Mainz vaccination center. Sebastian Christoph Gollnow | dpa | Picture A...
Boeing reorganizes aerospace and defense business, consolidates it in fewer divisions
Boeing Co. BA, +0.81% said Thursday it was reorganizing its aerospace and defense unit, going to four divisions from eight, to “accelerate operational discipline, program quality, safety and per...
Biden asked to declare emergency over RSV, flu kids hospitalizations
Kazuma Seki | Istock | Getty Images Doctors are calling on the Biden administration to declare an emergency in response to an “alarming surge” of children hospitalized with respiratory syn...
Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.
2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...
Steve Mnuchin says G-7 Russian oil price cap ‘most ridiculous idea’
Former US secretary of the treasury Steven Mnuchin on a panel at the Future Investment Initiative in Saudi Arabia in October 2022. Mnuchin this week criticized the G-7’s plan for a cap on Fayez ...
Foot Locker, JD.com, Gap and others
Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. The appa...
Palo Alto Networks one of 2022’s best software stocks after another beat-and-raise quarter
Palo Alto Networks Inc. shares rallied Friday into rarified air for a tech company — and especially for an enterprise software company — in 2022, following another beat-and-raise quarter and praise fr...