business news
Amazon hired an influential Democratic pollster to fight Staten Island union drive
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Amazon tapped an influential consulting and polling firm with close ties to Democratic political groups to help the company thwart a critical unionization effort at a Staten Island, New York, warehouse, CNBC has […]
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Gender-neutral X passports will be available in April
U.S. citizens will be able to select the gender neutral “X” as a marker on their passport books starting April 11, the State Department said Wednesday. It made the announcement on the eve of Transgender Day of Visibility, an annual day on March 31 that celebrates transgender people. The U.S. special diplomatic envoy for LGBTQ […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to wrap up strong month but weak quarter Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters U.S. stock futures were […]
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Five Below shares can surge nearly 28% as store openings drive growth, Citi says
Investors looking for bargains should look at shares of Five Below, according to Citigroup. Source
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European stocks muted after a tumultuous month for markets
LONDON — European stocks were mixed on the last trading day of March, a month marked by global geopolitical and economic uncertainty after Russia’s invasion of Ukraine. The pan-European Stoxx 600 hovered 0.2% below the flatline by mid-afternoon, but was on course to eke out a monthly gain for March. Utilities gained 0.9% while retail […]
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Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
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Stocks making the biggest moves premarket: Walgreens, Baidu, Novavax and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue also topping Wall Street forecasts. Comparable pharmacy sales rose 7.3%, helped by demand for Covid vaccines. Walgreens shares initially rose in the premarket but […]
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Airlines offer luxury suites, roomier seats in battle for high-paying travelers as international trips return
A Singapore Airlines A380 first class suite Leslie Josephs | CNBC Singapore Airlines this week unveiled its highest-end offering in the U.S: first-class suites that feature a bed, a swivel chair, 32-inch touch screen and a desk adorned with an orchid. They are each 50 square feet, and there are two bathrooms for the six […]
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Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
An uncertain macro environment puts these technology companies at risk, Morgan Stanley says. Source
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Walgreens beats earnings expectations after omicron-fueled demand for tests and boosters lifted sales
A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday announced fiscal second-quarter earnings that topped analysts’ expectations, after the omicron variant of Covid-19 intensified demand for booster shots and tests and drove foot traffic during […]
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