business news
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 […]
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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
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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
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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
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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 […]
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Sell health-care stock Baxter International as headwinds mount, Goldman says
Analysts say the firm is “over-indexed” to oil prices, semiconductor shortages and other risks compared to its peers. Source
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‘There are so many ways to lose money.’ Advice for college athletes from former basketball player turned financial advisor
University of Arizona Wildcats guard Joe McLean plays defense against UCLA Bruins guard Kevin Dempsey during a Pacific-10 Conference game on Jan. 7, 1993. Ken Levine | Getty Images Sport | Getty Images Like many former NCAA college basketball players, Joe McLean had dreams of playing in the NBA. The 6’6″ forward played four years […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared […]
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This map shows where nuclear reactors are being built and where they are shutting down
There are 93 commercial nuclear reactors operating in the United States at 55 locations in 28 states. The majority of nuclear reactors are in the eastern portion of the U.S. Currently, 25 reactors are in some phase of decommissioning. There are also licenses approved for another eight nuclear reactors to be constructed in the U.S. […]
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Getting a divorce? Here’s how to tackle those money issues
Peter Dazeley | The Image Bank | Getty Images When dealing with a divorce, it can be hard to focus on your future finances. However, it’s crucial to face up to them sooner rather than later. “People often say ‘I just want out,’ but the reality is going to hit you later,” said certified financial […]
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