business news
Anonymous’ next cyber target: Western companies still doing business in Russia
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as Anonymous said it has a new target in its “cyber war” against Russia — Western businesses that are still doing business there. A post on March 21 from […]
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Asia is seeing a wave of buybacks. Goldman and Morgan Stanley say these companies could be next
Asia has seen a wave of stock buybacks, and bank analysts say it’s not stopping anytime soon. Chinese tech giant Alibaba said last week it will increase its share buyback program from $15 billion to $25 billion. Phone maker Xiaomi announced Tuesday a buyback of up to 10 billion Hong Kong dollars ($1.28 billion), while JD […]
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Japanese Prime Minister Fumio Kishida decided weeks ago to keep Russian gas: Reuters, citing sources
The liquefied natural gas (LNG) tanker Sohshu Maru approaches Jera Co.’s Futtsu Thermal Power Station, unseen, in Futtsu, Chiba Prefecture, Japan, on Friday, Dec. 17, 2021. Japanese Prime Minister Fumio Kishida’s announcement on Thursday that he would not abandon a massive Russian gas project was decided weeks ago, sources told Reuters. Kiyoshi Ota | Bloomberg […]
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LAPD was ‘prepared’ to arrest Will Smith after he slapped Chris Rock, Oscars producer says
Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Packer, who produced the 2022 Academy Awards ceremony, has spoken out about Sunday’s incident in which […]
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Japan stocks lead losses in Asia-Pacific; private survey on Chinese manufacturing activity ahead
SINGAPORE — Shares in Asia-Pacific fell Friday morning following overnight losses on Wall Street, with investors looking ahead to the release of a private survey on Chinese manufacturing activity in March. The Nikkei 225 slipped 1.29%, as shares of SoftBank Group dropped more than 2%, while the Topix index fell 1.2%. Sentiment at Japan’s large […]
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Fantasy author’s record-breaking Kickstarter campaign closes at $41.7 million
Portrait of American fantasy author Brandon Sanderson taken on June 3, 2011. Sfx Magazine | Future | Getty Images Brandon Sanderson asked Kickstarter fans for $1 million to self-publish four novels he wrote during the pandemic. Thirty days later, his campaign has topped $41.7 million from more than 185,000 backers and is the most-funded Kickstarter […]
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Cramer’s lightning round: AT&T is not a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Jim Cramer says one of these red-hot stocks is a maybe, the other is a miss
CNBC’s Jim Cramer on Thursday broke down why Alto Ingredients is a risky buy while Gladstone Land is a complete miss. “You have my blessing to swing at Alto Ingredients for speculation, but Gladstone Land is coming in way too hot,” the “Mad Money” host said. Alto Ingredients stock fell 0.15% on Thursday to $6.82, […]
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Amazon workers in Alabama reject union for second time, but challenged ballots remain
Union supporters at Amazon’s warehouse in Bessemer, Alabama, on Thursday appeared headed toward defeat for a second time. However, with hundreds of contested ballots at play, the election results are still too close to call. Of the 2,375 ballots cast, there were 993 votes opposing the union and 875 in favor. Approximately 6,153 workers at […]
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Buy Dollar General for consistency and Dollar Tree for high-risk, high-reward, Jim Cramer says
CNBC’s Jim Cramer on Thursday said investors who value consistency should buy Dollar General while risk-takers should purchase Dollar Tree. “If you want a consistent operator that doesn’t need to do anything too crazy to beat the estimates, that’s Dollar General. Even though they’re lowering prices, I think that’s a good long-term strategy to win […]
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