Business
Distressed sales and 9-figure discounts: Hard-to-sell mega-mansions find a last resort at real estate auction
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy […]
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Use this ‘golden toggle’ to determine when to buy in this choppy market, Leuthold says
One feature of a commonly referenced measure of investor sentiment historically triggers some of the market’s best buying opportunities. Source
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CEO of online grocer Boxed says if gas prices stay high, so will grocery bills
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechCheck” higher fuel prices are the main driver of steeper costs in the company’s e-commerce business. Boxed sells bulk groceries, which are […]
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Stocks making the biggest moves midday: Twitter, Johnson & Johnson, WeWork and more
Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Johnson & Johnson — Shares of the pharmaceutical and consumer giant gained 3% after the company beat […]
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Dr. Oz has close ties to the wealthy du Pont family heirs, and they’re backing his GOP bid for Pennsylvania’s Senate seat
Veteran physician and Pennsylvania Senate candidate Dr. Mehmet Oz has little-known, but close ties to the heirs of the DuPont chemical fortune who are financially backing Oz’s Senate run, according to a review of campaign finance records. Oz, who amassed his own multimillion-dollar fortune as the host of “The Dr. Oz Show,” is related to […]
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Natural gas drops 10%, pulls back from more than 13-year high
U.S. natural gas futures plunged more than 10% Tuesday, reversing Monday’s surge which saw the contract rally more than 10% at one point to break above $8 per million British thermal units and hit the highest level since September 2008. Henry Hub prices declined 10.2% Tuesday to trade at $7.02. The May contract is now […]
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Moderna says its redesigned Covid vaccine produced stronger immunity against omicron than current shots
A healthcare worker fills a syringe with Moderna COVID-19 vaccine at the Giorgio Companies site in Blandon, PA where the CATE Mobile Vaccination Unit was onsite to administer Moderna COVID-19 Vaccines to workers, April 14, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images Moderna on Tuesday released clinical data demonstrating that […]
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Be courteous — wear a mask if you’re sick and must travel, flight attendant union chief says
The leader of a flight attendants union on Tuesday encouraged airline passengers to wear a mask on flights if they’re feeling sick, telling CNBC she believes it’s an act of “common courtesy.” The comments come one day after a federal judge in Florida struck down the Biden administration’s Covid face-covering mandate for public transportation, including […]
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April nor’easter drops a foot of snow, knocks power out for thousands
A person bundles up against the cold weather while walking in the Manhattan borough of New York City, New York, U.S., January 11, 2022. Carlo Allegri | Reuters A spring nor’easter has already dropped at least a foot of snow on parts of New York and Pennsylvania, leading to power outages and the closure of […]
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BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030. Chris Ratcliffe | Bloomberg | Getty Images Tritium and BP have entered into a multi-year contract related […]
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