Year: 2024
Father, son plead guilty in $100 million New Jersey deli stock scheme
Peter Coker Sr. and his wife Susan Coker at U.S. District Court in Newark, New Jersey, March 15, 2023. Dan Mangan | CNBC Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP […]
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Amazon workers strike across seven facilities at peak of holiday shopping season
An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better […]
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Norwegian Cruise Line CEO on consumer demand and strength of the economy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Harry Sommer, Norwegian Cruise Line CEO, and CNBC’s Seema Mody join ‘The Exchange’ to discuss the state of the consumer, his outlook on Norwegian and the cruise industry going into next year, and more. Source
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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
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FAA: Drone flights are temporarily banned over some areas of New Jersey
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The Federal Aviation Administration on Wednesday temporarily banned drone flights over 22 areas across New Jersey amid complaints of strange and often bright drones in the night sky. “At the request of federal security partners, the FAA published 22 Temporary […]
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Micron stock headed for worst day since 2020 after disappointing guidance
Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on “how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs,” at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares […]
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How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Aug. 26, 2024 in Detroit, Michigan. Emily Elconin | Getty Images News | Getty Images The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction […]
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Tom Lee says ‘back up the truck’ after Wednesday’s panic selling
Stocks tanked following the Federal Reserve’s disappointing rate outlook Wednesday, but Tom Lee says investors need not worry. Equities spiraled downwards after the U.S. central bank’s revamped outlook for 2025 showed more hawkish sentiment in the form of two fewer rate interest rate cuts than had previously been expected. “But to us, this panicked reaction […]
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Nike will report earnings after the bell. Here’s what Wall Street expects
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday will report its fiscal second-quarter earnings, its first quarterly earnings under new CEO Elliott Hill, who is expected to lay out the early innings of a strategy to […]
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Luigi Mangione agrees to extradition to New York in UnitedHealthcare CEO murder case
Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, is escorted after an extradition hearing at Blair County Court House in Hollidaysburg, Pennsylvania, U.S. December 10, 2024. Eduardo Munoz | Reuters Luigi Mangione has waived his right to contest extradition to New York, where he is charged with […]
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