Business
Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The […]
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Cramer explains why seasoned technical analyst Larry Williams expects inflation to peak and the market to rally into June
CNBC’s Jim Cramer on Wednesday said inflation could peak and the market could recover soon, leaning on chart analysis from legendary market technician Larry Williams. “The charts and the history, as interpreted by Larry Williams, suggest one crazy thing, which is that inflation could soon peak, and then the second crazy thing, which is the […]
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Cramer’s lightning round: AstraZeneca is a pass
Intuitive Surgical Inc: “ISRG is one of those stocks – you must not look at it on a day-to-day basis. You look at it on a year-to-year basis, that’s how good their machines are.” Banco Santander SA: “I looked at it multiple times to own it for the Charitable Trust. I just can’t summon myself […]
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Buy the dip on ‘best-of-breed stock’ Halliburton, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to buy Halliburton stock while it’s down after a less-than-ideal quarter from industry peer Baker Hughes. Cramer said that though Halliburton posted “fantastic” results, the stock got hit after rival Baker Hughes posted a bad quarter. “I think you’ve got to use this rare opportunity to buy a […]
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Apple union organizers in Georgia say they were inspired by Amazon warehouse workers
Employees leading a unionization drive at an Apple retail store in Georgia were inspired by Amazon employees who tried to unionize a warehouse in Bessemer, Alabama, during the Covid pandemic. The remarks, which members of the Apple union organizing committee made in an interview with CNBC, show that the high-profile union drive at an Amazon […]
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Lululemon will debut monthly memberships for clothes, events and classes in a bid for loyal customers
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon is launching a membership program — and it’s about more than workout clothes. The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to build a stronger base of loyal customers. The […]
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Jim Cramer names 4 stocks that can endure the Fed’s ‘aggressive tightening cycle’
CNBC’s Jim Cramer on Wednesday named four stocks that he believes can keep investors steady through market turmoil. “As someone who thinks it’s a good idea to stay in the market, I’m urging you to consider companies that fit the funnel … while avoiding almost anything else,” he said. “It’s not that tough a prescription, […]
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Jim Cramer says two streaming stocks stand out in wake of Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its pullback actually was deserved. As for the other streaming plays that were collateral damage, you’ve got my blessing to buy the ones […]
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Starbucks alleges baristas union intimidated workers in new complaints with the labor board
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they gather at a local union hall to cast votes to unionize or not, Wednesday, Feb. 16, 2022, in Mesa, Ariz. Ross D. Franklin | […]
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United forecasts a 2022 profit as passengers return and pay more to fly
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time since before the pandemic as bookings rise and passengers appear willing to pay more to fly. United’s shares rose more than 6% in […]
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