business news
Britain and India aim for free trade deal by October, says Johnson
British Prime Minister Boris Johnson walks with his Indian counterpart Narendra Modi before their meeting at the Hyderabad House on April 22, 2022 in New Delhi, India. Wpa Pool | Getty Images News | Getty Images Britain and India agreed on Friday to step up defense and business cooperation during a visit to New Delhi […]
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It’s the French election this weekend — here’s what Wall Street expects to happen
As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent Emmanuel Macron […]
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Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets. The $95 billion online payments company said Friday it will start […]
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Russia ties haunt far-right candidate Le Pen as France gears up for election day
France’s far-right party Rassemblement National candidate for the 2022 French presidential election Marine Le Pen. Chesnot | Getty Images News | Getty Images The leader of France’s nationalist and far-right political party, Marine Le Pen, has seen her momentum stall in the runup to Sunday’s vote with her previous links to Russia resurfacing in recent […]
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A decade of disruption: CNBC’s full interview with Airbnb co-founder Nate Blecharczyk
It’s been 10 years since CNBC published the very first Disruptor 50 list of fast-growing, innovative start-ups on the path to becoming the next generation of great public companies. Among the more notable listmakers? Airbnb — and eight-time CNBC Disruptor 50 company that topped the 2015 list. In this exclusive interview, CNBC’s Julia Boorstin sits […]
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American Eagle is pitching a ‘frenemey network’ of vertical logistics to its retail peers — and it’s paying off
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in the business of selling everything from shoes to pet food to toilet paper. But to master a business function that became critical […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures mixed after Fed’s Powell knocked markets for a loop Pedestrians walk past the NASDAQ MarketSite in New York’s Times Square. Eric Thayer | Reuters U.S. stock futures were mixed Friday, one day following an afternoon market […]
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Ferrari to recall more than 2,000 cars in China over braking issues
The Ferrari 458 Italia. Ferrari Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider series models, the […]
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Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rose 1.2% in the premarket after reporting better-than-expected profit and revenue for the first quarter. Amex reported a profit of $2.73 per share compared with the $2.44 consensus estimate, helped by increased spending by millennial and Gen-X consumers as well […]
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Pennsylvania’s GOP Senate primary draws backing from some of Wall Street’s biggest billionaires, making it one of the most expensive midterm races
Wall Street executives are pouring millions of dollars into the Republican primary race for Pennsylvania’s open U.S. Senate seat — where veteran physician Dr. Mehmet Oz and former Bridgewater CEO Dave McCormick lead in the polls — making the primary one of the most expensive in the 2022 midterm elections. During the first quarter, dozens […]
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