Month: June 2022
Stocks making the biggest moves midday: Coinbase, Spirit Airlines, Robinhood and more
Check out the companies making headlines in midday trading. Spirit Airlines — The budget airline’s shares fell more than 7% amid news that advisory firm Institutional Shareholder Services told Spirit shareholders to vote for the proposed merger with Frontier Airlines. It comes after Frontier Airlines upped the cash portion of its offer by $2 a […]
Read More
27-year-old former stock trader on track to earn $1 million this year reacts to 25-year-old who puts most of his savings into crypto
Terzel Ron, 25, earns $150,000 a year as a video producer in Los Angeles, but he’s had to work hard to get where he is today. The child of undocumented immigrants, Ron worked throughout high school to pay for dental work his family couldn’t afford, and he hasn’t stopped hustling since. Lauren Simmons, an entrepreneur […]
Read More
Sri Lanka stops fuel supply to non-essential services as crisis worsens
A closed Ceylon Petroleum Corporation fuel station displays the availability of all fuel types on a board due to fuel shortage, amid the country’s economic crisis, in Colombo, Sri Lanka, June 27, 2022. Dinuka Liyanawatte | Reuters Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and […]
Read More
Some tech leaders are turning layoffs, hiring freezes into opportunity
A man walks past a “We’re Hiring” sign posted in Arlington, Virginia on June 3, 2022. Olivier Douliery | AFP | Getty Images Recent headlines are filled with news of tech sector layoffs, hiring freezes and job offers being pulled in the midst of economic uncertainty. But according to members of the CNBC Technology Executive […]
Read More
Finding high dividend yielders with steady and growing payouts
There are times in bear markets when the better part of valor is to collect some income and get paid to wait things out. Dividend investing has paid off on a relative basis this year, outperforming the 17.3% slump in the S & P 500 on a total return basis, including reinvested dividends, through Friday. […]
Read More
Women in states that ban abortion will still be able to get abortion pills online from overseas
Pills of Misoprostol, used to terminate early pregnancies, are displayed in a pharmacy in Provo, Utah, U.S. May 12, 2022. George Frey | Reuters Women in states that ban abortion will still be able to end unwanted pregnancies with prescription abortion pills ordered online from overseas, though the legal situation is murky and carries potential […]
Read More
U.S. basketball star Griner appears in Russian court
WNBA star and two-time Olympic gold medalist Brittney Griner is escorted to a courtroom for a hearing, in Khimki just outside Moscow, Russia, Monday, June 27, 2022. Alexander Zemlianichenko | AP More than four months after she was arrested at a Moscow airport for cannabis possession, a Russian court has set the start date of […]
Read More
European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan
LONDON — European stocks closed slightly higher on Monday, as a positive trend seen at the end of last week’s trading lost some momentum. The pan-European Stoxx 600 index provisionally ended 0.6% higher, having traded up more than 1% earlier in the session. Mining stocks rose over 2% to lead the gains. In terms of […]
Read More
I wouldn’t read a lot into any projections on Q4 travel data, says Booking Holding’s CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Fogel, Booking Holdings president and CEO, joins ‘Squawk on the Street’ to discuss if rising delays and cancellations are impacting travel demand, the main issues behind delays and cancellations, and more. Source
Read More
UiPath to cut 5% of its workforce as part of restructuring plan
UiPath IPO at the New York Stock Exchange. Source: NYSE UiPath will reduce roughly 5% of its total workforce as part of a restructuring plan, according to a new SEC filing. The company, a provider of software for automating office tasks, said that it had 4,200 employees as of April 30, 2022. Most of the […]
Read More