Month: July 2022
Millions still without sense of smell or taste after Covid-19
Still struggling with your sense of smell after a bout with Covid-19? You’re far from alone. About 5% of patients with confirmed cases of Covid-19 — some 27 million people worldwide — are estimated to have suffered a long-lasting loss of smell or taste, a new analysis suggests. In the analysis published Wednesday in The BMJ (the […]
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JetBlue agrees to buy Spirit in $3.8 billion deal to create fifth-largest U.S. airline
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways reached a deal to buy Spirit Airlines, hours after the discount carrier scrapped plans to merge with Frontier Airlines. The New York-based carrier said it will pay $33.50 a share in cash for Spirit in a […]
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Comcast fails to add broadband subscribers for first time ever as economy slows
NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s high-speed internet customers in the quarter were flat, trailing the 84,000 average […]
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Here are 4 things Ford CEO told Cramer that show the automaker’s strength
Ford CEO Jim Farley spoke with Jim Cramer after the automaker’s better-than-expected earnings report Wednesday. Source
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Ukraine’s counter-offensive in Kherson ‘gathering momentum’; UK advisor warns of nuclear risk
U.K. advisor warns of accidental nuclear escalation Stephen Lovegrove, the U.K.’s national security advisor, warned of the accidental escalation of a nuclear war with Russia or China, saying that global communication channels from the Cold War are no longer available. “The Cold War’s two monolithic blocks of the USSR and NATO – though not without […]
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Schumer-Manchin reconciliation bill has $369 billion to fight climate change — here are the details
Senator Joe Manchin (D-WV) exits the U.S. Capitol following a vote, on Capitol Hill in Washington, February 9, 2022. Tom Brenner | Reuters Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., on Wednesday unveiled a long-anticipated reconciliation package that would invest hundreds of billions of dollars to combat climate change and advance clean […]
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Self-driving start-up Pony.ai plans to mass produce robotrucks in China
Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks with equipment manufacturing giant Sany Heavy Industry. Pony.ai BEIJING — Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks in China with equipment manufacturing giant Sany Heavy Industry. Annual production is set to reach about 10,000 […]
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Market jump after Fed rate hike is a ‘trap,’ Morgan Stanley’s Mike Wilson warns investors
Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief U.S. equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market […]
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Ford’s great quarter, dividend hike are why we’re willing to weather a tough year for the stock
This was a strong quarter for Ford, demonstrating the company’s ability to execute. Source
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Cramer’s lightning round: Archer-Daniels-Midland is a buy
Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Questions for Cramer?Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer’s world? Hit him up!Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram Questions, comments, suggestions for the “Mad Money” website? [email protected] Source
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