Last year, Elon Musk parted ways with one of his top deputies at Tesla Inc., a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee ...
Tag: Business
3 Ways To Effectively Grow Your E-Commerce Business In 2023
In the fast-paced world of technology, many e-Commerce businesses have flourished by effectively using affiliate marketing strategies for their business. As a small business owner, you don’t have a hu...
Walgreens, Intel, US Bancorp and more
Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hol...
Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts – Featured Bitcoin News
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could off...
‘Voters are looking for help’: With control of Congress too early to call, here are 3 burning tax questions
A day after midterm elections, it remains uncertain whether either party will end up with Congressional control or whether it will be a divided Congress — and that has consequences for these tax quest...
Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half
A new filing indicates that Berkshire Hathaway cut its stake in U.S. Bancorp by 56% to 52.5 million shares that are now worth $2.4 billion. In a form 13-G filing dated Thursday, Berkshire Hathaway (BR...
United Airlines gives pilots 5% raises early
A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that we...
Goldman Sachs CEO says he expects a ‘reopening’ in capital markets next year
Goldman Sachs CEO David Solomon said Thursday that he expects capital markets to recover in the upcoming months. “I think what we’re going through at the moment is a reset of valuation exp...
Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down
CNBC’s Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry’s pandemic boom wanes. “We caught a real break today with a much lower-than-exp...
I no longer advocate that you should sell Activision Blizzard
Advanced Micro Devices Inc: “We’ve cut the position back for my Charitable Trust. … We’re happy and content to leave the rest and let it run up $8 today.” Medtronic PLC: ...
Healthy infants face considerable risk of RSV hospitalization: study
Even healthy infants face a considerable risk of hospitalization from respiratory syncytial virus, according to a large European study published Thursday. Dutch and British scientists, in a study publ...
NFL, Roger Goodell, Washington Commanders sued by DC attorney general
The attorney general of Washington, D.C., on Thursday sued the Commanders and owner Dan Snyder, as well as the NFL and Commissioner Roger Goodell, for allegedly deceiving D.C. residents about the team...
Juul strikes financing deal, plans to cut 30% of jobs to dodge bankruptcy
Packages of Juul e-cigarettes are displayed for sale in the Brazil Outlet shop on June 22, 2022 in Los Angeles, California. Mario Tama | Getty Images Juul Labs said Thursday it secured financing from ...
Microsoft co-founder Paul Allen’s art collection sells for $1.6 billion
Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the es...
Keurig Dr Pepper CEO resigns after violating code of conduct
The Keurig Dr Pepper logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violati...
Twitter Filed an Application to Function as Money Service Business
Elon Musk purchased twitter at $44 billion and announced his ownership on 28 October 2022. Elon Musk Officially announced on 28 October 2022 that he acquired the social media platform Twitter on 27 ...
Carvana shares surge from record lows
People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016. Michelle Castillo | CNBC Shares of Carvana jumped by as much as 32% Thursda...
Thanksgiving flight bookings down from 2019, but higher fares lift revenue
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, accor...
KFC apologizes after Kristallnacht promotion in Germany
A menu of a drive-in counter of a branch of the fast food chain Kentucky Fried Chicken (KFC). After severe setbacks in the Corona pandemic, Germany’s fast food industry wants to expand its drive...
Six Flags, Rivian, Bumble, Coinbase, Dutch Bros and more
Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Source: NYSE Check out the companies making headlines in midday trading Thursday. Coinbase – The cryptocurrency exchange was up 9.6% ...
Wakanda Forever’ aims to break box office records
Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “...
Tapestry, WeWork, Rivian and others
Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its ful...
Twitter subsidiary registers with FinCEN as a money services business
Social media giant Twitter appears to be moving deeper into the payments business, as reflected by a registration filed this month with the U.S. Financial Crimes Enforcement Network (FinCEN). Tw...
Beyond Meat (BYND) Q3 2022 earnings
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday...
Rivian (RIVN) earnings Q3 2022
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automoti...
Bumble, Rivian, Dutch Bros, FICO and more
The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New Yor...
Record revenue, added contract wins
An Electron rocket launches from the company’s New Zealand facility on Nov. 4, 2022. Rocket Lab Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space co...
Mindfulness meditation reduces anxiety as much as common antidepressant drug: study
Mindfulness meditation is as effective at reducing anxiety as a commonly prescribed antidepressant, according to a study published in a major journal on Wednesday. The study, led by researchers at Geo...
Walmart’s request for new trial denied in firing of employee with Down syndrome
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a...
Kentucky rejects anti-abortion constitutional amendment
Counter-protestors hold signs in front of a rally encouraging voters to vote yes on Amendment 2, which would add a permanent abortion ban to Kentuckys state constitution, on the steps of the Kentucky ...
US launches carbon offset program to help developing countries
US Special Presidential Envoy for Climate John Kerry speaks at the opening of the US Pavilion during the COP27 climate conference at the Sharm el-Sheikh International Convention Centre, in Egypt’...