Business
Disney shares rise after Iger replaces Chapek as CEO
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Shares of Disney popped in premarket trade Monday, the morning after the company announced it had replaced CEO Bob Chapek with Bob Iger. Disney stock rose about 9% on Monday morning. As of Friday’s close, the company’s shares had […]
Read More
Bank stock Comerica can jump more than 20% from current levels, Raymond James says in upgrade
It may be time to buy Comerica after its recent stock underperformance, according to Raymond James. Analyst Michael Rose upgraded shares to outperform from market perform. The analyst also has a price target of $85 per share on the financial services stock, which represents upside of roughly 21.6% from Friday’s close of $69.90 “We are […]
Read More
Bob Iger’s stunning return as Disney CEO throws all of Bob Chapek’s major decisions into question
Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive officer immediately throws into question several major decisions made by outgoing CEO Bob Chapek. Disney shares have fallen more than 40% this year, including slumping […]
Read More
Is Patagonia the end game for profits in a world of climate change?
A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images Many brands are aligning profits with purpose, but Patagonia’s decision in September to convert its for-profit business to one under which all the profits flow through to fighting […]
Read More
Inflation forces mom and pop restaurants and chains like McDonald’s to lean on their strengths
Customers at a McDonald’s restaurant Scott Mlyn | CNBC As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure on their budgets, consumers have been cutting back on their restaurant […]
Read More
Layoffs mount, and Main Street still can’t find any workers to hire for open jobs
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters When it comes to salary, small business owners generally don’t play in the same league as larger companies. It’s even trickier now in a tight labor market with rising wages […]
Read More
The big new Exxon Mobil climate change deal that got an assist from Joe Biden
Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil’s first-of-its-kind deal to extract, transport and store carbon from other companies’ factories implies. The deal, announced last month, calls for ExxonMobil to capture carbon emitted […]
Read More
Cramer’s lightning round: AST SpaceMobile is an exciting thing, not a stock
AST SpaceMobile Inc: “It’s an exciting thing, not a stock. I think a stock is a company that makes money and then returns some of that money to you and trades inexpensively, and that one doesn’t qualify.” Cano Health Inc: “What the heck is going on with Cano Health? … The stock is just in […]
Read More
Cramer’s week ahead: Markets will do ‘much better’ during the next four weeks
Stocks rose on Friday but ended the turbulent week down. Source
Read More
Taylor Swift slams ‘outside entity’ over ticket fiasco: ‘I’m not going to make excuses for anyone’
Taylor Swift performs onstage during iHeartRadio’s Z100 Jingle Ball 2019 Presented By Capital One on December 13, 2019 in New York City. Kevin Mazur | Getty Images Taylor Swift responded to her fans Friday after Live Nation‘s Ticketmaster said a general public sale of tickets to the superstar’s “Eras” tour would be canceled because there […]
Read More