business news
Biden calls to put Putin on trial for war crimes over Russia’s actions in Ukraine
Russian President Vladimir Putin attends a meeting with the head of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin in Moscow, Russia March 2, 2022. Mikhail Klimentyev | Sputnik | Reuters President Joe Biden said Monday that evidence needs to be gathered to put Russian leader Vladimir Putin on trial for war crimes related […]
Read More
Ford’s first-quarter sales fell 17% as the automaker battled a chip shortage
An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide […]
Read More
Morgan Stanley explains how unions could impact Amazon’s bottom line
Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images Amazon workers on New York’s Staten Island on Friday voted to […]
Read More
Analysts react to Musk’s big Twitter stake: He could do ‘almost anything’ so ‘use your imagination’
Elon Musk’s move to build an eye-popping stake in Twitter is sparking speculations that he could take more action to shake up the industry. Source
Read More
Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]
Read More
Starbucks stock falls as interim CEO Howard Schultz suspends share buybacks
Howard Schultz, Chairman of Starbucks at the grand opening of the Starbucks Reserve Roastery in Shanghai, China on Dec. 5th, 2017. Justin Solomon | CNBC Howard Schultz’s first day back at the helm of Starbucks kicked off with an announcement that the coffee chain is suspending stock buybacks to invest back into operations. Shares of […]
Read More
Loop Capital downgrades Crocs, says investors should take a wait-and-see approach
Analysts downgraded Crocs to hold, saying a return to socializing could dampen sales in the comfortable footwear brand. Source
Read More
Goldman is worried this could be like the 1970s and is recommending these stocks
The recent yield curve inversion has a strong analogue in 1973, according to Goldman Source
Read More
Hertz inks deal for 65,000 Polestar electric vehicles over five years
Polestar CEO Thomas Ingenlath and Hertz CEO Stephen Scherr join CNBC’s ‘Squawk Box’ to break down the pair’s new strategic partnership. Source
Read More
Photos show world’s largest cargo plane destroyed in Ukraine
A Ukrainian serviceman walks by the wreckage of a cargo aircraft at the military airport in the town of Hostomel, on the outskirts of Kyiv, on April 3, 2022. Narciso Contreras | Anadolu Agency | Getty Images New images have shown the destruction to what was the world’s largest cargo plane, the Antonov An-225, following […]
Read More