Business
Dairy Queen launches Stackburger line as chain sees record sales in 2021
Dairy Queen’s Flamethrower Stackburger and small ice cream cone Source: Dairy Queen Dairy Queen is expanding its burger offerings as the fast-food chain looks beyond Blizzards and other desserts. The new Stackburger line is Dairy Queen’s biggest menu expansion in two decades, with five burger flavors for U.S. customers: Flamethrower, Loaded A1, Bacon Two Cheese […]
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Russia’s invasion has made energy security a hot topic. The U.S. thinks hydrogen could be the answer
Ships sailing into the port of Rotterdam in February 2022. Federico Gambarini | Picture Alliance | Getty Images Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. Russia is a major supplier of oil and gas, and over the past few weeks a […]
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Eurazeo’s Adrianne Shapira says consumers are strong and have ‘shrugged off a lot’
France-based investment firm Eurazeo sees consumers spending healthily as geopolitical turmoil and inflation roil the economy, managing director Adrianne Shapira told CNBC’s Jim Cramer on Monday. “So far, the consumer is strong. I mean, we really have seen across our portfolios, strong performance. Again, we [invest in] earlier stage growth equities, so I’d say we’ve […]
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SEC charges Twilio engineers with insider trading during early days of pandemic
The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]
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Cramer’s lightning round: I like Nucor over ArcelorMittal
Enbridge Inc: “I like Enbridge. Wall Street doesn’t like it.” ArcelorMittal SA: “It’s okay. Nucor’s better. Nucor’s a better company. I’m always going to go with Nucor because it’s best in breed.” Disclosure: Cramer’s Charitable Trust owns shares of Wells Fargo and Nucor. Source
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I’m not buying KB Home stock until KB Home does, says Jim Cramer
KB Home is currently a risky stock to buy despite its low price, evidenced by the company’s own disinterest in purchasing its stock, CNBC’s Jim Cramer said Monday. “If KB starts buying back its stock aggressively, I’ll be right there with them. If they don’t, I’m staying on the sidelines,” the “Mad Money” host said. […]
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Jim Cramer says investors should use these rules to build a turbulence-proof portfolio
Investors should follow a certain set of rules when building their portfolios to weather the market volatility that Monday’s rally suggests could happen, Jim Cramer said. “When you see new, unseasoned merchandise exploding higher, along with names like Tesla surging on … a stock split, it tells you there might be a little too much […]
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Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades under the ticker LLAP — a reference to the Star Trek saying “live long and prosper” – with shares previously listed under the special purpose […]
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NFL coaches are divided over whether to change overtime rules
Kansas City Chiefs football team head coach Andy Reid speaks to journalists at a coaches press availability during the NFL owner’s meeting, Monday, March 28, 2022, at The Breakers resort in Palm Beach, Fla. Rebecca Blackwell | AP PALM BEACH, Fla. – Baltimore Ravens head coach John Harbaugh wants no part of a new overtime […]
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Disney vows to help repeal ‘Don’t Say Gay’ law, says Florida Gov. DeSantis shouldn’t have signed it
Walt Disney employees and demonstrators during a rally against the Florida “Don’t Say Gay” bill at Griffith Park in Glendale, California, U.S., on Tuesday, March 22, 2022. Alisha Jucevic | Bloomberg | Getty Images After Gov. Ron DeSantis signed Florida’s so-called “Don’t Say Gay” bill into law on Monday, the Walt Disney Company condemned the […]
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