A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hou...
Tag: Business
Taylor Swift ticket fiasco leads to calls for Ticketmaster, Live Nation to break up
Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. Jeff Kravitz | Filmmagic | Getty Images There’s ...
Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to “extreme market dislocation and loss of industry co...
Target (TGT) 3Q earnings
Target‘s profit fell by around 50% in its fiscal third quarter as it cleared through unwanted inventory and sales slowed heading into the holidays, prompting the company to lower its expectation...
Which states have had the most major climate disasters since 2011?
Ninety percent of counties across the U.S. have experienced a flood, wildfire, hurricane or other federally declared climate disaster between 2011 and 2021, according to a report published Wednesday t...
ECB vice president says will do ‘whatever necessary’ to tame inflation
It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its vice president. Luis de Guindos told CNB...
NASA’s Artemis 1 mission heads to the moon after successful launch
To the moon, again! NASA launched the Artemis I mission from Florida at 1:47 a.m. ET on Wednesday morning, with the agency’s most powerful rocket ever kicking off a nearly month-long journey wit...
Toyota unveils new Prius hybrids amid skepticism of its EV strategy
2023 Toyota Prius Prime plug-in hybrid electric vehicle Toyota Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid critici...
Target, Carnival, Advance Auto Parts, Lowe’s and more
Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Ta...
Lowe’s (LOW) earnings 3Q 2022
Lowe’s said Wednesday that high inflation isn’t hurting sales as it reported third-quarter earnings that beat Wall Street expectations. The company also upped its guidance for its full-yea...
Why U.S. rail travel is so expensive
Amtrak’s Acela is the fastest passenger train in the Western Hemisphere, but tickets can be pricey. Amtrak fares can vary dramatically in the Northeast, home of the most heavily used stretch of ...
JetBlue plans Paris flights next summer in trans-Atlantic expansion
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is s...
Burger King owner hires former Domino’s CEO Patrick Doyle as chair
Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executi...
Target, Lowe’s, Carnival and others
Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share....
Crypto.com CEO Says ‘Business as Usual’ After Revelations of ‘Accidental’ $400M Transfer
Another high-profile crypto exchange known for lavish spending during last year’s bull market is in trouble as users question the health of its finances—and make the irresistible parallel to the...
Charts suggest the market could rally through mid-December
CNBC’s Jim Cramer on Tuesday said that the market’s current rally could last through the middle of next month, leaning on charts analysis from Jessica Inskip, OptionsPlay’s director ...
Firms plan Australian ‘super hub’ to produce green hydrogen
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg...
Several Kentucky supreme court justices sound skeptical of near-total abortion ban
Several Kentucky supreme court justices on Tuesday sounded skeptical of the state’s abortion ban, one of the most restrictive in the U.S., during oral arguments in a case that will decide whethe...
Walmart (WMT) earnings Q3 2023
Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries. The discounter beat Wall Street’...
Ford says making its own parts for electric vehicles could offset job losses
Ford CEO Jim Farley (left) with Michael Wayland / CNBC DETROIT – Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in...
FDA may approve over-the-counter naloxone nasal spray, autoinjectors
Naloxone, packaged with instructions, is one of the items given out by the Baltimore Harm Reduction Coalition outreach workers. Amy Davis | Baltimore Sun | Getty Images The Food and Drug Administratio...
Taylor Swift ‘Eras’ tour presale extended by Ticketmaster
Taylor Swift poses with her awards during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. Kevin Mazur | Wireimage | Getty Images Never doubt the po...
Berkshire Bought Taiwan Semi Stock. Here’s What Else It Bought and Sold.
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Delta gets closer to labor deal with pilots, union says
Pilots talk after exiting a Delta Airlines flight at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. Michael A. McCoy | Getty Images Delta Air Lines is getting closer to a ...
Lucid reveals lower-cost Air electric luxury sedans
Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Ph...
Paramount shares rise after Buffett’s Berkshire Hathaway raises stake
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global‘s stock got a boost Tuesday...
Why do people invest in crypto? ‘It’s partly fraud and partly delusion’: Charlie Munger
““The country did not need a currency that’s good for kidnappers.”” — Charlie Munger Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.35%, is not a big fan of crypto, and he shared some f...