Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Moto...
Tag: Business
Kohl’s, Broadcom, Lululemon and more
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Share...
Starbucks CEO transition plan gets muted reaction from Wall Street
Laxman Narasimhan, April 13, 2018. Guillermo Gutierrez | Bloomberg | Getty Images Wall Street’s reaction to Starbucks’ new CEO was muted Friday morning, with shares down about 1% after the...
Historian Niall Ferguson has a warning for investors
Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse. Speaking to CNBC at the Ambrosetti Forum in Ita...
More home sellers drop their asking price as the housing market cools
Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once hot housing market cools fast. One in five sellers in August dropped their asking price, according to Realtor.com....
Ford’s new vehicle sales slow in August, in line with expectations
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and a...
No, McDonald’s all-day breakfast isn’t returning in October
A McDonald’s “Big Breakfast” and Egg McMuffin are displayed at a McDonald’s restaurant in Fairfield, California. Justin Sullivan | Getty Images No, McDonald’s isn’t...
Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas
Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.&...
I prefer Pioneer Natural Resources over Marathon Oil
Marathon Oil: “Marathon Oil is good, but why not own one of these with a giant dividend? How about Pioneer? Pioneer has the largest dividend in the S&P, and that’s my one. That’s...
Demand has never been stronger for our products
Motorola Solutions CEO Greg Brown told CNBC on Thursday that demand for the company’s public safety and enterprise security products has never been stronger. In an interview on “Mad Money,...
Lululemon, Broadcom, Starbucks and more
Check out the companies making headlines before the bell: Lululemon (LULU) – Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat ...
Latest in Crypto Hiring: Crypto Firm Taps TradFi Vets For Asset Management Business
Law firm Brown Rudnick adds four partners for its digital commerce practice Crypto exchange Rain Financial and social media company Snap reveal layoffs Crypto-focused financial services firm EQONEX ap...
Economic downturn is an opportunity to grab market share
Signet Jewelers can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a “Mad Money̶...
‘Don’t be a hero’ — Cramer says unprofitable stocks may have even more room to fall
Investors should continue to shun money-losing companies, CNBC’s Jim Cramer said Thursday, contending the turbulence that dominated earlier this year has returned with vigor. “It’s a...
CDC panel recommends new omicron Covid boosters with shots expected to begin next week
Justin Sullivan | Getty Images The Centers for Disease Control and Prevention’s independent committee on vaccines recommended reformulated booster shots that target the latest omicron subvariant...
GameStop meme stock movie ‘Dumb Money’ in the works with Seth Rogen, Pete Davidson
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Last year’s GameStop meme stock phen...
Starbucks new CEO Laxman Narasimhan to take over from Howard Schultz
Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands like Lysol, Durex and...
Stocks making the biggest moves after hours: Lululemon, Broadcom and more
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making he...
U.S. health officials brace for another fall Covid surge, but with fewer deaths
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images Fall is on the horizon and public health officials are again bracing fo...
GM’s Cruise recalls and updates self-driving software following crash
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors’ autonomous vehicle unit Cruise has recalled and updated s...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Nvidia, Okta, Five Below, Bed Bath & Beyond and more
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Check out the companies making headlines in mid...
Former NASA administrator Jim Bridenstine joins Phase Four board
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Ji...
Gatorade adds caffeine to its lineup with energy drink Fast Twitch
Fast Twitch, from the makers of Gatorade Source: PepsiCo Gatorade is entering the energy drink category with a caffeinated spin-off called Fast Twitch. It represents yet another example of beverage co...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Small businesses desperate for workers even as companies slow hiring
While some companies have slowed the pace of hiring due to concerns about an economic slowdown, the demand from small businesses for new workers has not yet shown signs of declining, Paychex CEO Marty...
Huge offshore wind farm Hornsea 2 is fully operational, Orsted says
One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...
Nvidia Selloff Is an ‘Overreaction,’ Analyst Says. The Stock Is Still a Buy.
Text size An analyst said a selloff in shares of Nvidia on Thursday presents a ‘particular buying opportunity.’ (Photo by Justin Sullivan/Getty Images) Getty Images Shares of Nvidia fell n...