Business
Target stores to sell Caraway pots and pans in online cookware company’s biggest push into brick-and-mortar
Some of Caraway’s pots and pans are now sold by Target stores. About 350 of the big-box retailer’s locations are carrying the products in time for the holidays. Courtesy of Caraway Online cookware company Caraway is making its biggest push yet into brick-and-mortar stores, with its pots and pans debuting in 350 Target stores this […]
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5 things to know before the stock market opens Tuesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 17, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A real rally, or not? Stocks had a great day to start the week. The Dow […]
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Semafor debuts in a tough media environment, with an aim toward de-cluttering the news
Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college educated readers, debuted Tuesday with intentions to bring transparency and clarity to a news business its co-founders believe has become too polarized. Semafor has been preparing for its launch since January, when former […]
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Microsoft confirms position cuts immediately after calling for progress to slow
Satya Nadella, chairman and chief government officer of Microsoft Corp., speaks all through the virtual Meta Hook up party in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Illustrations or photos A Microsoft spokesperson on Monday confirmed that the business allow go of additional workers as the software program maker’s profits […]
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GM tests limits of Cadillac’s brand power with $300,000 Celestiq electric car
2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,000. The vehicle – unveiled Monday night – launches the General Motors brand into the ultra-luxury segment against the likes of […]
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Jim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their multi-year turnaround plan is finally bearing fruit. … It’s by far my favorite name in this new leadership group,” he said. […]
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Why smartphones are acquiring cheaper when everything else is skyrocketing, according to the authorities
Purchasers queue in like outdoors the Apple store during the start day of the new Iphone 14 sequence smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Visuals The carefully watched customer selling price index proceeds to show headline inflation in the U.S. hovering at degrees last witnessed in […]
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Cramer’s lightning round: Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it could be a very binary, up big, down big situation.” Texas Roadhouse Inc: “We have to wait for that one to come down, […]
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Jim Cramer says bank stocks could be the new market leaders
CNBC’s Jim Cramer on Monday said that financial stocks are replacing tech names as the new market leaders. “I always thought the group had the potential to become a leader again, but the banks could never pull it off because the Fed kept rates so low that it was hard for them to make money. […]
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American Airlines pilot union moves toward seeking federal mediation as contract talks drag on
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor group. The Allied Pilots Association, which represents some 15,000 American […]
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