Howard Schultz Says Starbucks Is Seeking Fresh Blood in CEO Search

SEATTLE—Starbucks is considering only external candidates for its next chief executive officer, as interim CEO Howard Schultz said the company needs to add new talent and skills to its senior leadersh...

These Mortgage-Backed Securities Offer Hefty Yields, Mild Risk

Text size Bonds from Ginnie Mae, Fannie Mae, and Freddie Mac are more attractive than Treasuries or corporates. David Paul Morris/Bloomberg Move over TINA, it’s time for TARA. The latter stands for “T...

Best Buy Founder Richard Schulze Bought a Big Block of Stock

Text size People shopping in a Best Buy store. Richard Schulze, Best Buy’s founder, bought $20 million in shares of the electronics retailer. Valentin M Armianu/Dreamstime.com Best Buy stock has tumbl...

Weekend reads: If you agree that inflation has peaked, buy stocks in this sector

If everyone agreed about the direction of the economy, investing would be easy. But there are mixed signals about whether the rate of inflation has peaked, at least in the U.S. If you are among those ...

Altria’s Cigarette Addiction Is Becoming Unhealthier

For years tobacco companies have been fighting regulators more than each other. That might be about to change, and Altria MO -0.61% in particular needs a game plan. If Philip Morris International’s PM...

Kohl’s Stock Rises on Takeover Bids. The Offers Show Scars of the Retail Rout.

Text size *** ONE-TIME USE *** The Kohl’s logo is displayed on the exterior of a Kohl’s store on Jan. 24, 2022 in San Rafael, California. Justin Sullivan/Getty Images Kohl’s stock rose Fri...

Chevron CEO Sees Russian Oil Output Falling After Exit of Western Firms

Russia is still finding a home for much of its oil despite expanding sanctions, but its production likely will diminish following the departure of western oil companies, Chevron Chief Executive Mike W...

Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing

At Rivian Automotive Inc.’s factory in Normal, Ill., life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s e...

These 10 cheap stocks are favorites of top investment newsletters, as value keeps pounding growth

Value stocks’ relative strength over growth over the past six months gives value investors a lot to cheer about, but the fact is that relative strength doesn’t necessarily tend to persist. I’ll discus...

Why Riot Blockchain its Corporate Operations Head as new CFO?

Even after his retirement from the firm, to take advantage of his expertise in the space Riot is seeking to appoint Current CFO as senior advisor Riot Blockchain has appointed its current head of Corp...

Corporate America Turns Up Volume on Warnings About Economy

(Bloomberg) — Corporate America is ratcheting up its warnings about the US economy. Most Read from Bloomberg Executives from Jamie Dimon and Elon Musk to Gary Friedman, the head of furniture ret...

Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill

If $10,000 vanishes from your student debt, you may want to celebrate. This is a question millions of student loan holders may be facing soon if President Joe Biden proceeds with a controversial plan ...

‘I’d love to be married now. I would love to be a dad by now. I’d love to have a home by now’: The winners and losers in Biden’s plan to cancel $10,000 in student-loan debt

The Biden administration is planning to cancel $10,000 in student-loan debt for borrowers earning below a specific income threshold. But for borrowers like Johnathan Perkins, 36, the amount of debt fo...

Micron Stock Slumps After Downgrade. Why the Analyst Fears the Consumer.

Text size Dreamstime Micron Technology stock was slumping Friday after the memory chip manufacturer received the first Sell-equivalent rating since February. Piper Sandler analyst Harsh Kumar downgrad...

Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.

Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...

Okta stock rally shifts into overdrive following hiked outlook as other software companies trim theirs

Okta Inc. shares rallied in the extended session Thursday, adding to gains in the regular session after the identity-management services company reported better-than-expected results and, unlike some ...

Bank of America and 4 More Financial Stocks for a Tough Market

Text size Bank of America is Wells Fargo’s top pick among the large U.S. banks. Justin Sullivan/Getty Images One couldn’t blame investors in the financial sector for feeling discouraged this year. Goi...

Apple stock to suffer first ‘death cross’ chart pattern since the pandemic

Apple Inc.’s stock has fallen far enough and for long enough to produce a certain ominous-sounding bearish chart pattern should didn’t appear during the short COVID-19-induced bear-market selloff of e...

IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.

Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...

PayPal Stock Has Been Cut in Half. Why Analysts See Upside.

Text size PayPal stock could pass $150 a share by 2026, Mizuho says. Nuttapong Punna/Dreamstime.com There’s plenty of upside for PayPal ’s stock, analysts say. The payments app just needs to get its s...

Here Are 6 Stocks That Pay a Lot in Dividends and Have Solid Yields. And Microsoft and Apple.

PepsiCo total quarterly dividend payout and yield make for an intriguing combination. Here, a Pepsi display at a shop in Grovetown, Ga., earlier this year. Billy Blume/Dreamstime.com Text size Sometim...

Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay

With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...

Small-cap growth stocks are at their lowest P/E valuation in at least 24 years.

Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investo...

Relief at the Pump Could Come Soon. Thank Saudi Arabia.

Justin Sullivan/Getty Images Text size Oil prices fell Thursday after the Financial Times reported that Saudi Arabia was ready to increase output as more sanctions on Russia threaten global oil supply...

Our retirement system hurts the middle class

America has a vast and elaborate system of public policies supposedly designed to help us all save for retirement and avoid the catastrophe of a penurious and poverty-stricken old age. But does this s...

Brian Moynihan dismisses Jamie Dimon’s warning on the economy: ‘You’ve got hurricanes that come every year.’

Jamie Dimon, the JPMorgan Chase JPM, +0.50% chairman and chief executive, got everyone’s attention when he warned there’s an economic hurricane coming, from rate hikes, the war in Ukraine and inflatio...

Lululemon’s Earnings Are Thursday. Here’s What to Expect.

Text size A Lululemon store in Hong Kong. Dreamstime Lululemon athletica could regain some ground lost in the recent retail selloff if the one-time pandemic winner delivers good news as it reports its...

Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

Riot Blockchain Hires Nomura M&A Banker Jason Chung as Corporate Development Head

Riot Blockchain Inc, a Bitcoin infrastructure company based in Colorado, announced on Wednesday that it has hired investment banker Jason Chung from Nomura Holdings Inc as its head of corporate develo...