Month: November 2024
RFK Jr. is Trump’s pick to lead HHS — here’s what he could do with that power
Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024. Thomas Machowicz | Reuters President-elect Donald Trump has tapped Robert F. Kennedy Jr. to lead the Department of Health and Human Services – a selection that is raising fears in the public […]
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Bose buys McIntosh, storied maker of high-end luxury audio equipment
The BOSE display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. David A. Grogan | CNBC Bose Corp. will purchase the McIntosh Group, a deal that will give the Massachusetts-based company control of one of the most storied names in high-end audio. McIntosh will continue to manufacture the high-end audio equipment it is […]
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Microsoft introduces PC that has one job: connect users to their computers in the cloud
Microsoft CEO Satya Nadella watches from the audience during a press briefing at Microsoft’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | Afp | Getty Images Microsoft is previewing a new PC that’s designed to connect corporate workers to their programs and files in the cloud. The Windows 365 Cloud Link is […]
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Russia says Ukraine attacked it using U.S.-made missiles, signals it’s ready for nuclear response
Moscow signaled to the West that it’s ready for a nuclear confrontation after Ukraine was given permission to attack Russian territory — and appeared to quickly act on that greenlight — using U.S.-made long-range missiles. Kyiv appeared to waste little time after reportedly being given the go-ahead by Washington Sunday to use U.S.-made ATACMS missiles […]
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Stocks making the biggest moves premarket: Walmart, Lowe’s, Super Micro Computer, BioNTech and more
Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street’s estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe’s — The home improvement retailer’s shares fell 1.7%. Although the company reported a top- and bottom-line […]
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Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year
LOS ANGELES, CALIFORNIA – AUGUST 20: The exterior sign of a Lowe’s home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images) Eric Thayer | Getty Images News | […]
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Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Modest-income households have a strong appetite for travel and “a real desire to find a value alternative,” said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company’s midscale brand, Four Points Flex by Sheraton, in Asia-Pacific (excluding […]
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Marriott CEO Tony Capuano: ‘We are firing on all cylinders in every geography’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid corporate layoffs and sluggishness in China’s domestic tourism market. Demand and high occupancy levels in Japan, the Middle East and Western Europe are driving global growth, he […]
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Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike
Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty Images Global stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and […]
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Nvidia must show Blackwell chip can drive growth in earnings report
Despite rising competition, Nvidia holds 80% of the fast-growing market for artificial intelligence chips as the tech industry’s graphics processing unit, or GPU, of choice for making and deploying generative AI software. What investors will want to see when Nvidia reports its third-quarter earnings on Wednesday is whether it can continue to grow at a […]
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