business news
Inflation is spiking the cost of pet parenthood yet owners are still splurging on care
Halfpoint Images | Moment | Getty Images Pet parenthood is getting more expensive, but many owners are still willing to splurge, according to a report from Rover, an online pet marketplace. Rising costs and inflation are a growing concern for Americans, affecting everyday expenses like groceries, gasoline and housing. Pet parents are also feeling the […]
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Stocks like ConocoPhillips and Wells Fargo should be the big winners as rates rise, history shows
As bond yields surge to multi-year highs, a CNBC Pro screen surfaces companies that outperformed during similar increases in the past. Source
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Rocket builder Firefly aiming for second launch attempt in May, raises $75 million
The company’s inaugural Alpha rocket launches from Vandenberg Space Force Base in California on Sept. 2, 2021. Firefly Aerospace WASHINGTON – Firefly Aerospace aims to make its second attempt to reach orbit with its Alpha rocket in the coming weeks, having received government approval to resume launch operations after a controversial investor sold his stake. […]
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Trip-Advisor CEO: Hotels and flights are filling up for travel season
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Kaufer, Trip-Advisor co-founder and CEO, joins ‘Squawk on the Street’ to discuss Kaufer’s projection for international travel demand, if Kaufer’s seeing the moderation in the cancellation rate and more. Source
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The Great Resignation continues, as 44% of workers look for a new job
Thianchai Sitthikongsak | Moment | Getty Images Almost half of employees are looking for a new job or plan to soon, according to a survey, suggesting the pandemic-era phenomenon known as the Great Resignation is continuing into 2022. To that point, 44% of employees are “job seekers,” according to Willis Towers Watson’s 2022 Global Benefits […]
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The NFL will now let teams seek limited blockchain sponsorships, but cryptocurrency promotion remains banned
A football with the NFL logo Jacob Kupferman | Getty Images The National Football League, in a memo issued Tuesday, granted teams limited permission to seek blockchain sponsorships, a partial reversal from late last summer, as the technology grows in popularity among the organization’s fans and athletes. The league said it made the decision to […]
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BuzzFeed says people are spending less time on Facebook
The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background. Igor Golovniov | SOPA Images | LightRocket | Getty Images BuzzFeed’s earnings call Tuesday morning pointed to a continuing theme in tech: consumers are moving away from Meta’s Facebook. “At this point in the quarter, we continue […]
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Retail investors just posted the longest streak of buying bank stocks since 2008, BofA says
Analysts cited the “surprising positive flow signal” as support for a broader thesis that investors should plow funds into banks and other financial players. Source
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Maverick Ventures’ Ambar Bhattacharyya on the future of health care
Ambar Bhattacharyya, managing director at Maverick Ventures Maverick Ventures Ambar Bhattacharyya is managing director at Maverick Ventures, a $400 million venture capital fund based in San Francisco which invests in health start-ups. His health-care portfolio firms include six IPOs and four unicorns (start-ups valued at $1 billion or more). Bhattacharyya — who currently sits on […]
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Zelenskyy calls for more pressure on Moscow as Ukraine says 15,000 Russian troops have been killed
‘It is time to end this absurd war,’ UN secretary-general says Secretary-General of the United Nations Antonio Guterres speaks to press about war in Ukraine at the Security Council Stakeout of UN headquarters in New York City, United States on March 14, 2022. Tayfun Coskun | Anadolu Agency | Getty Images United Nations Secretary-General António Guterres […]
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