Month: July 2022
Black Rifle Coffee names former Wendy’s CEO as executive chair as it looks to open more stores
Black Rifle Coffee Company Courtesy: Black Rifle Coffee Company Black Rifle Coffee, a veteran-founded beverage company that went public earlier this year, said Tuesday that it has named former Office Depot and Wendy’s CEO Roland Smith as its executive chairman, effective immediately. Smith, who is already a member of Black Rifle Coffee’s board of directors, is […]
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Jan. 6 committee notifies DOJ that Trump tried tampering with one of its witnesses, Cheney says
Vice Chair U.S. Representative Liz Cheney (R-WY) speaks during a public hearing of the U.S. House Select Committee to investigate the January 6 Attack on the U.S. Capitol, on Capitol Hill in Washington, July 12, 2022. Elizabeth Frantz | Reuters The House select committee investigating the attack on the Capitol on Jan. 6 revealed that […]
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Stocks making the biggest moves midday: Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 5% after Gap announced Monday that CEO Sonia Syngal is stepping down from her position. Wells Fargo downgraded the stock to equal weight […]
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These 10 U.S. real estate markets are cooling the fastest: Here’s what to know if you’re a prospective buyer
David Ryder | Getty Images After staggering growth during the pandemic, the U.S. housing market is starting to cool — and it’s happening fastest along the West Coast. The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory […]
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Here are four past cases Twitter and Elon Musk’s lawyers will be examining as they head to court
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters After billionaire Elon Musk said […]
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Amazon launches cancer vaccine clinical trial in partnership with Fred Hutchinson
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is developing cancer vaccines in collaboration with the Fred Hutchinson Cancer Research Center, and it recently launched an FDA-approved clinical trial. Amazon and Fred Hutchinson are […]
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These stocks have earnings momentum going into earnings season
As investors ready themselves for what’s expected to be a rough earnings season, CNBC Pro found stocks that are actually seeing their estimates raised by analysts going into results. Many investors are expecting second-quarter earnings reports to fall broadly short of expectations, as rising inflation and a hawkish Federal Reserve continue to weigh on corporate […]
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Delivery startup Gopuff cuts 10% of its global workforce and closes 76 U.S. warehouses
A bag of groceries with the logo of American on-demand delivery start-up Gopuff. Gopuff Delivery startup Gopuff is cutting 10% of its global workforce and closing 76 U.S. warehouses, according to a letter to investors. The layoffs impact about 1,500 employees who will be notified throughout Tuesday, the letter said. The company is also closing […]
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Here are the nominees for the major Emmy categories — ‘Succession’ and ‘Ted Lasso’ lead the field
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off […]
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Covid hospitalizations have doubled since May as omicron BA.5 sweeps U.S., but deaths remain low
People hospitalized with Covid-19 have doubled since early May as the even more transmissible omicron BA.5 subvariant has caused another wave of infection across the country, U.S. health officials said Tuesday. But deaths from Covid still remain relatively low given the number of infections right now, the officials said. Dr. Ashish Jha, who coordinates the […]
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