Cans of Campbell’s Chicken Noodle Soup are seen in a supermarket in New York. Richard Levine | Corbis News | Getty Images Campbell Soup raised its full-year profit and sales forecast on Wednesday after beating expectations for third-quarter results as consumers stocked up on soup, pasta sauces and salsa while they stayed at home during
admin
Mary Barra, Chairman and CEO of General Motors. Bill Pugliano | Getty Images General Motors expects its North American vehicle production to return to near pre-coronavirus levels by the end of June, Chairman and CEO Mary Barra said Wednesday. The Detroit automaker has worked aggressively to restart its operations, particularly those that produce pickup trucks, since restarting
Mark Cuban says it’s “a moral imperative” for white people in America to change their behaviors and mindsets in order to address racism. “Dear White People: We are the ones that need to change,” the billionaire owner of the NBA’s Dallas Mavericks wrote in a tweet on Monday. Cuban’s tweet also included a link to
For scammers, it’s open season on your stimulus checks. Bolster, a fraud prevention company, turned up more than 145,000 suspicious domain registrations with the term “stimulus check,” according to the firm’s first-quarter analysis of phishing and online fraud. The federal government has issued more than 152 million so-called Economic Impact Payments to individuals, totaling $257.9
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food producer reported quarterly earnings of 84 cents per share, 9 cents a share above estimates. Revenue also beat forecasts and Campbell raised its full-year guidance, noting an increase in demand across all its brands amid the Covid-19
Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report on Tuesday, and nearly doubled its revenue guidance for the full year, as the coronavirus pandemic drove millions of new customers to the video calling service and turned it into a household name. Shares fell 4% in after-hours trading during the
People dine in a restaurant on March 27, 2020 in Stockholm during the the new coronavirus COVID-19 pandemic. JONATHAN NACKSTRAND Sweden’s chief epidemiologist, who controversially advocated a no-lockdown strategy to combat the coronavirus epidemic in the country, has admitted that more could have been done to tackle the outbreak. “Yes, I think we could have
As people across the country and the world protest the treatment of black Americans, police brutality and the killing of George Floyd, and as some U.S. cities impose curfews due to incidents of looting and violence, former President Barack Obama has taken to Medium to suggest a next step: Vote. Specifically, Obama said those who care
Chip Somodevilla | Getty Images Millions of Americans are suffering financially amid the gradual reopening of the U.S. economy. And there are multiple ways the U.S. government could extend more relief. The question is which one it will choose — and exactly how much cash could end up in your wallet. As the coronavirus pandemic
Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Shares of law enforcement supplier Axon Enterprise spiked more than 9% in premarket trading after protests against police brutality turned violent in many cities across the country. Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump
A worker examines a sewage recycling pool in the coal liquefaction factory of CHN Energy in Ordos, north China’s Inner Mongolia Autonomous Region, April 11, 2019. Xinhua | via Getty Images BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught
Merchandise is displayed for sale at a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported a decline in same-store sales of almost 30% for the first quarter, when stores across the country were shut during the coronavirus crisis. The retailer
New York Gov. Andrew Cuomo conducts a news conference on the COVID-19 pandemic at the National Press Club in Washington, D.C., after a meeting with President Trump at the White House on Wednesday, May 27, 2020. Tom Williams | CQ-Roll Call | Getty Images New York Gov. Andrew Cuomo said mass protests for the police killing
In just a few days, bail funds across the country have received tens of millions of dollars in donations after the killing of George Floyd, a black man, while in police custody in Minneapolis. The influx of donations is so large in such a short period of time that some funds, including the Minnesota Freedom Fund and the Brooklyn Bail
The coronavirus may have you thinking more about your mortality. After all, what if…? Pandemic or not, it’s important to consider what would happen to your bank accounts, your home, your belongings — i.e., everything you own — and, perhaps, your dependents, if you’re no longer here. In other words, you should prepare a will
Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management. That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia
The normally busy boardwalk at Coney Island in Brooklyn, New York, was still largely shuttered on May 24. Andrew Lichtenstein/Corbis via Getty Images The $600 enhancement to weekly unemployment checks is ending at the end of July. While Democrats want to extend the extra pay into next year, Republicans appear resolute in blocking an extension.
Las Vegas Metropolitan Police Officers walk down Las Vegas Boulevard during a Black Lives Matter demonstration demanding justice for the death of George Floyd on May 31, 2020 in Las Vegas, Nevada. Denise Truscello | Getty Images Las Vegas is getting ready to launch a “Welcome Back” ad campaign to encourage visitors to come. But
lorenzoantonucci Generation Z’s future looked bright just a few months ago. The economy was strong and unemployment was at record lows. It was just February when the unemployment rate was 3.5%, matching the lowest level in more than 50 years. Now, with the coronavirus pandemic upending the economy and sending unemployment skyrocketing to 14.7% in
Senate Majority Leader Mitch McConnell (R-Ky.) after a May 19 closed Senate Republican policy lunch meeting with President Donald Trump to discuss the response to the coronavirus outbreak. Yuri Gripas | Reuters The president is warming up to the idea. Most Democrats are down. But will Republicans get behind the idea of a second round of
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
BTIG’s Julian Emanuel has warning for investors: Brace for a 15% to 20% pullback. Emanuel, who came into 2020 as one of Wall Street’s biggest bulls, sees a stock market out of alignment with the economy as risks rise. “It’s probably time for the market to reassess the uncertainties to the economy,” the firm’s chief
Medical personnel move a deceased patient to a refrigerated truck serving as make shift morgues at Brooklyn Hospital Center on April 09, 2020 in New York City. Angela Weiss | AFP | Getty Images The World Health Organization cautioned world leaders Monday about reports that the coronavirus is “losing potency,” saying “this is still a
In just two and a half months, over 40 million people have filed for unemployment in the U.S., a surge in joblessness not seen in the U.S. since the Great Depression. At the same time, it is unclear if the federal government will provide additional stimulus to the record number of people who are currently unemployed
Erik Von Weber Many people take an economics class at some point during their education. Most, however, didn’t expect to use what they’ve learned in their own lives. But this graduation season is different. Economics is about making decisions under uncertainty. If there has ever been an uncertain time to start adulthood, it’s now. So
SpaceX’s Crew Dragon spacecraft docks with the International Space Station on May 30, 2020. NASA CAPE CANAVERAL, Fla. — The inaugural SpaceX astronaut mission successfully completed the first leg of its journey on Sunday, docking with the International Space Station. “It’s been a real honor to be just a small part of this nine year
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker began testing a Covid-19 experimental treatment derived from the blood of a survivor of the disease. It is the first study involving this type of drug, and comes about a month earlier than expected and ahead of
Walt Disney World Getty Images | Dan Anderson Walt Disney World received approval from the state of Florida to reopen its four Orlando-based theme parks starting July 11. Magic Kingdom and Animal Kingdom will open first, on July 11. Then, Epcot and Hollywood Studios will follow on July 15. Disney submitted its reopening plans on
For the cash-strapped traveler who dreams of sipping champagne in first class, a frequent flyer program is a must-have. Airline loyalty programs offer passengers free flights, seat upgrades and access to elite business class lounges. They are also a massive revenue generator for U.S. airlines. “It’s big money for these airlines, bigger even for a
Workers who can do their jobs from home are being forced to do so by the coronavirus, and many of these workers feel fortunate, even if they feel that they are working harder. Miguel Pereira | Getty Images As the coronavirus has forced businesses, restaurants, stores and theaters across the country to shut down, a
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 68
- Next Page »