Business
5 things to know before the stock market opens Tuesday
Traders work on the floor of the New York Stock Exchange. NYSE Here are the most important news items that investors need to start their trading day: 1. Stocks on edge The major U.S. indexes are looking to notch a third-straight positive session Tuesday. On Monday, the Dow Jones Industrial Average advanced 423.78 points, or […]
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Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s aircraft deliveries in October fell from a month earlier after a fuselage flaw in its bestselling 737 Maxes delayed handovers of new planes. Boeing delivered […]
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Powerball drawing held for record $2.04 billion jackpot after delay of hours
Powerball sign and lottery tickets are seen at a 7-Eleven store in Milpitas, California, on Nov. 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The drawing for a record Powerball jackpot topping $2.04 billion was held Tuesday morning after a delay because of issues with just one state processing ticket sales. The headline […]
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Auto loan delinquencies rise as loan-accommodation programs end
With inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments. TransUnion, which tracks more than 81 million auto loans in the U.S., said Tuesday the percentage of loans that are at least 60 days delinquent hit 1.65% in the third quarter, the […]
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Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting
Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall. In a separate release, Levi Strauss & Co. said Gass will join the company in early January as president and step into the role of CEO […]
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Major League Pickleball’s newest team owner is Anheuser-Busch
Zane Navratil and Parris Todd of BLQK celebrate a point during a group play Major League Pickleball match against the Florida Smash at Pickle & Chill on October 15, 2022 in Columbus, Ohio. Emilee Chinn | Getty Images Major League Pickleball has named its newest team owner, and it’s a major beer brand. The rapidly […]
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Lordstown aims to boost EV production with Foxconn investment, seeks new automaker partner
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Struggling electric truck startup Lordstown Motors still plans to deliver the first examples of its Endurance pickup truck before the end of the year, the company said Tuesday, a day after it announced a […]
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Ex-Obama advisor says global events are overshadowing climate change efforts: ‘We are not acting swiftly enough’
The COP27 climate conference represents an opportunity to move forward, but a significant ramping up of efforts will be required in the years ahead, according to a former special assistant to President Barack Obama. Speaking at CNBC’s Sustainable Future Forum last week, Alice Hill was asked if she was optimistic or very concerned about the […]
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Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter
Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Houston Astros to win the baseball World Series. Wayne Parry | AP Mattress Mack’s record-breaking $75 million payout on a wager that the Houston Astros would win the World […]
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Charts suggest it’s not time to buy the dip in mega-cap tech stocks just yet, Cramer says
Investors who want to capitalize on the struggles of large-cap technology stocks should remain patient, CNBC’s Jim Cramer said Monday, citing technical analysis from Carolyn Boroden. “The big tech stocks have been hammered from their highs, but the charts, as interpreted by Carolyn Boroden, suggest it probably isn’t safe to start bottom fishing, even if […]
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