Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares slumped 16.1% in the premarket after the athletic apparel and shoe retailer gave a weaker-than-expected ...
Tag: United States
Beyond Meat (BYND) Q4 2021 earnings miss estimates, stock tumbles
Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Image...
Russian invasion of Ukraine to further strain U.S. chip supply
A chip made by Taiwan Semiconductor Manufacturing Company TSMC Russia’s invasion of Ukraine could further strain the supplies of semiconductor chips that have already caused global production di...
Biden administration pausing new oil and gas leases amid legal battle
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisi...
China refuses to call attack on Ukraine an ‘invasion,’ blames U.S.
Russia’s President Vladimir Putin is seen in his office in the Novo-Ogaryovo residence during a bilateral meeting with China’s President Xi Jinping via a video call in Dec. 2021. Mikhail M...
USPS moves ahead with plan to spend billions on gas vehicles
A U.S. Postal Service worker prepares packages for delivery during Cyber Monday in the SoHo neighborhood of New York, on Monday, Nov. 29, 2021. Angus Mordant | Bloomberg | Getty Images The U.S. Postal...
Air rage during the pandemic – where it is and isn’t happening
The videos light up social media and dominate news headlines. From verbal confrontations to all-out brawls, scenes of airplane passengers behaving badly have become increasingly familiar in Covid-era ...
Stock futures inch higher after S&P 500 closes in correction
U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts ...
Beam Suntory sales rise 11% in 2021, fueled by shift to high-end spirits
In the last three years, Knob Creek bourbon has restored the nine-year age statement on its bottles, updated its label design and started selling 12-year and 15-year versions of its whiskey. Prices us...
‘Reflation’ trades are resurfacing. Here’s where the money’s going
“Reflation” trades are resurfacing. Travel and leisure stocks have picked up steam this month, with exchange-traded funds such as Invesco’s Dynamic Leisure and Entertainment ETF (PEJ...
New Unemployment Claims Unexpectedly Rise For First Time In Four Weeks As Inflation, Russia Drive Economic Uncertainty
Topline The number of new unemployment claims unexpectedly jumped for the first time in nearly a month on Thursday, highlighting the rising level of economic uncertainty amid a prolonged inflation sur...
Ranks of these investors are poised for fast growth in coming decade
Prasit photo | Moment | Getty Images The U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain segments of the investor population are position...
Biden administration has close eye on private equity, other ‘alternative’ investments
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Biden administration i...
Moderna CEO says it’s ‘reasonable’ to think pandemic may be in its final stages
Moderna’s CEO Stephane Bancel said it’s “reasonable” to assume that we may be approaching the final stages of the pandemic. “I think that is a reasonable scenario,”...
Stock futures inch lower after major averages snap 3-day losing streak
U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied t...
Tim Hortons focuses its next phase of U.S. expansion on snowbirds and retirees
A pedestrian walks past a Tim Hortons restaurant. Ben Nelms | Bloomberg | Getty Images Tim Hortons is slated to open its first location in Houston this summer, signaling the Canadian coffee chain̵...
Taco Bell accelerates international growth, aims for $20 billion in annual sales
People eat at a newly-opened Taco Bell restaurant in Beijing on August 21, 2020. Greg Baker | AFP | Getty Images Taco Bell is accelerating its growth outside the U.S., opening 25% of its international...
Western drought fueled by climate change is the worst in 1,200 years
A dried cracked lake bed at Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images The megadrought gripping the American W...
68% of investment execs think clients shouldn’t own cryptocurrency
A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors sho...
New Icelandic carrier makes a play in low-cost transatlantic market
Passengers board an Airbus passenger jet operated by Icelandic low-fare carrier Play. Play Startup low-fare Icelandic airline Play announced new transatlantic service out of a third U.S. airport, Stew...
U.S., U.K. Pull Military Trainers Out Of Ukraine With Russian Attack Possible ‘Any Day Now’
Topline The United States and United Kingdom ordered troops to withdraw from Ukraine on Saturday who were stationed there to train Ukrainian forces, with a Russian invasion appearing increasingly immi...
Netflix Orders Series On Crypto Couple Only Three Days After They Came To Fame, Highlighting Rise Of ‘Insta-Doc’
Topline In the latest example of Netflix quickly pouncing on a true crime tale, the company said Friday it had ordered a docuseries on alleged cryptocurrency launderers Ilya “Dutch” Lichtenstein and H...
Oil jumps amid escalating tensions between Russia and Ukraine
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices jumped in afternoon trading Friday amid...
U.S. inflation data like a ‘punch in the stomach’ for the Fed: Citi
The latest U.S. January inflation data came in like a “punch in the stomach” for the Federal Reserve, which raises the possibility for an aggressive 50 basis points rate hike in March, the...
Republicans And Democrats Will Both Support Bitcoin: Here’s Why
CLEVELAND, OHIO – SEPTEMBER 29: U.S. President Donald Trump and Democratic presidential nominee Joe … [+] Biden participate in the first presidential debate moderated by Fox News anchor Ch...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
Automakers cut production due to anti-vaccine Canadian trucker protest
Vehicles block the route leading from the Ambassador Bridge, linking Detroit and Windsor, as truckers and their supporters continue to protest against the coronavirus disease (COVID-19) vaccine mandat...