Tag: Leisure/Arts/Hospitality

Finance

Inflation is raging, but these 16 companies have pricing power

04/14/2022
Bitcoin Ethereum News

Decades of deflationary forces that helped feed booming prices for U.S. stocks are over, at least for now. But some companies are countering the trend, by a combination of holding down expenses and ra...

Finance

‘It put everyone in a weird position’: Our waitress said a 20% service fee was added to cover benefits and health insurance, but that it was not a tip. Is this normal?

04/11/2022
Bitcoin Ethereum News

I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip.  I am absolutely supp...

Finance

China’s Nio halts EV production as COVID lockdowns disrupt its supply chain

04/10/2022
Bitcoin Ethereum News

Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...

Finance

Nvidia, AMD, Intel Price Targets Are Cut. This Analyst Sees Chip Demand Slowing.

04/08/2022
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Text size Dreamstime Semiconductor stocks have soared over the last few quarters, driven higher by robust demand for chips amid a global supply shortage. But the tide may be turning for semiconductor ...

Finance

Online Sports Betting Is a Buzzy Industry, but Where’s the Money?

04/08/2022
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Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...

Finance

Howard Schultz Is Back as Starbucks CEO. Here’s His To-Do List.

04/03/2022
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On Monday, Howard Schultz is expected to step into a familiar role—slated to lead a town hall meeting with employees of Starbucks Corp., the coffee chain he built into a neighborhood cafe across the w...

Finance

How Starbucks Changed Under Departing CEO Kevin Johnson

04/03/2022
Bitcoin Ethereum News

The chief executive officer of Starbucks Corp. is stepping down Monday, after half a decade running the world’s largest coffee chain. Kevin Johnson oversaw a period of growth followed by a volatile co...

Finance

Bill Ackman Is Chilling After Netflix

04/02/2022
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Text size Bill Ackman of Pershing Square Capital Management Patrick T. Fallon/Bloomberg Shareholder activism has come roaring back in 2022 but it’s missing one of its most prominent voices. There were...

Finance

As Oil Briefly Dips Below $100, Russia and Europe Play a Game of Chicken

04/02/2022
Bitcoin Ethereum News

U.S. oil prices briefly dipped below $100 barrel Friday, as President Joe Biden’s plan to release one million barrels a day of reserves began to have the desired effect. But it’s premature to start th...

Finance

Hycroft Mining stock’s ‘memester’-induced rocket ride is making AMC a lot of money

03/29/2022
Bitcoin Ethereum News

Shares of Hycroft Mining Holding Corp. rallied in very active trading Tuesday, as the gold and silver miner enjoyed its new meme-like status, with help from new investor AMC Entertainment Holdings Inc...

Finance

Olive Garden Parent Darden Predicts Lower Sales This Year, but the Stock Is Up.

03/26/2022
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Text size In addition to Olive Garden and LongHorn Steakhouse, Darden owns brands such as Cheddar’s Scratch Kitchen, Yard House, and The Capital Grille. Dreamstime.com Shares of Darden Restauran...

Finance

Chinese EV maker Nio vows to expand to more countries this year

03/26/2022
Bitcoin Ethereum News

Chinese electric-vehicle maker Nio Inc. late Thursday reported quarterly sales slightly above Wall Street expectations, vowing to make 2022 a year of “reacceleration” for its business and to sell its ...

Finance

Southwest Airlines to Launch New Ticket Type to Boost Revenue

03/25/2022
Bitcoin Ethereum News

Southwest Airlines Co. LUV 0.35% is launching a new type of ticket with some additional perks as it looks to boost revenue and its appeal to business travelers. The new fare will rank above Southwest’...

Finance

Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.

03/24/2022
Bitcoin Ethereum News

Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...

Finance

Cattle Ranchers Take Aim at Meatpackers’ Dominance

03/21/2022
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For years, many ranchers have blamed meatpacking giants for low cattle prices. Now, some cattlemen say they have a solution: Process the beef themselves. On 80 acres in western Nebraska, a group of ca...

Finance

Howard Schultz, Returning to Starbucks, Seeks New Start With Baristas

03/20/2022
Bitcoin Ethereum News

Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do the best job looking out for employees’ interests. During an hourlong...

Finance

Deere, Hershey and More Stocks to Buy to Combat Food Inflation

03/19/2022
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The highest inflation in decades is hitting consumers and rippling through the food industry, from farm equipment to packaged food, grocers, and restaurants. At-home food costs climbed 8.6% and out-of...

Finance

Food Costs Are Rising. Here Are the Stocks to Buy.

03/19/2022
Bitcoin Ethereum News

The highest inflation in decades is hitting consumers and rippling through the food industry, from farm equipment to packaged food, grocers, and restaurants. At-home food costs climbed 8.6% and out-of...

Finance

A New Meme-Stock Frenzy Led AMC to Gold Mine Stake

03/16/2022
Bitcoin Ethereum News

Day traders looking to capitalize on commodity price volatility catalyzed a chain reaction that ended with movie theater giant AMC Entertainment Holdings Inc.’s unusual deal to take a stake in a gold-...

Finance

Intel and Qualcomm Are Gaining New Fans

03/15/2022
Bitcoin Ethereum News

Text size The PHLX Semiconductor Index has fallen 23% in 2022. Kobi Wolf/Bloomberg Semiconductor stocks have taken a beating in recent months, and there’s still plenty of nervousness to go around, acc...

Finance

AMC stuns investors with investment in gold and silver mine as it puts $1.8 billion war chest to work

03/15/2022
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AMC Entertainment Holdings Inc. surprised investors Tuesday with the news of an investment in a gold and silver mine that is well outside of its core cinema business. The company is buying 22% of Hycr...

Finance

The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year

03/15/2022
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Investors don’t need to be told that stocks have been volatile. There’s a market of extremes as Russia’s war in Ukraine continues and investors wait to see what the Federal Open Market Committee does ...

Finance

Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures

03/13/2022
Bitcoin Ethereum News

Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t...

Finance

SEC-targeted Chinese companies slump; Yum China warns of 2024 delisting risk

03/11/2022
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Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little ...

Finance

Amazon’s Stock Split Follows Alphabet’s. Here’s Who’s Next.

03/10/2022
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Text size Amazon.com’s share price is likely to go from nearly $3,000 to less than $150 as a result of the split. Chris Ratcliffe/Bloomberg Amazon . com announced a stock split just over a month...

Finance

Alibaba and Other Chinese Stocks Got Crushed Thursday. Here’s Why.

03/10/2022
Bitcoin Ethereum News

Text size Chinese stocks including Alibaba fell on concerns they would eventually be delisted in the U.S. Qilai Shen/Bloomberg Alibaba (BABA), Yum China Holdings (YUMC), ACM Research (ACMR), Baidu (BI...

Finance

12 dividend stocks paying at least 3.5% that are well-suited for high inflation

03/10/2022
Bitcoin Ethereum News

Investors may have turned for a moment from Russia’s aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation. With purchasing power crumbling, patient invest...

Finance

DraftKings CEO: People selling his company’s stock will ‘regret that decision’

03/09/2022
Bitcoin Ethereum News

DraftKings Inc. DKNG, +3.83% CEO Jason Robins vows that people who are selling his company’s stock will “regret that decision.” Robins wrote this message on Twitter TWTR, +5.03% on Tuesday as DraftKin...

Finance

DraftKings CEO Vows to Make Stock Sellers ‘Regret’ Their Decision

03/09/2022
Bitcoin Ethereum News

Text size Jason Robins, CEO of DraftKings, vowed to make any seller of the company’s stock “regret that decision.” Marco Bello/Bloomberg DraftKings CEO Jason Robins vowed to make any...

Finance

Grab Stock Rebounds From Slump After Losses Widened

03/05/2022
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Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...

Finance

7 Stocks to Play the Rally in Natural Gas

03/05/2022
Bitcoin Ethereum News

Tankers bringing liquefied natural gas, or LNG, to the port of Rotterdam in the Netherlands. Exports of U.S. LNG to Europe and elsewhere are expected to ramp later in the decade. Hollandse Hoogte/Shut...

Finance

DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.

03/03/2022
Bitcoin Ethereum News

Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...