PARIS, FRANCE – AUGUST 10: Lionel Messi poses with the Paris Saint-Germain jersey after signing a 2 year contract at Parc des Princes on August 10, 2021 in Paris, France. Photo by Paris Saint-Germain Football/PSG via Getty Images Paris Saint-Germain President Nasser Al-Khelaifi says the world will be “shocked” by the financial revenues generated by
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Impossible Foods’ meatless sausage Source: Impossible Foods Impossible Foods’ meatless sausage is finally coming to grocery stores, starting Wednesday. The company first rolled out the sausage alternative to restaurants nationwide last June after launching it at U.S. locations of Restaurant Brand International’s Burger King and Starbucks. Like its Impossible Burger, the plant-based sausage contains soy
In this article LUV A Southwest Airlines Boeing 737-73V jet departs Midway International Airport in Chicago, Illinois, on April 6, 2021. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines lowered its revenue and profit forecast on Wednesday, blaming the delta variant for weaker bookings. The airline is the second carrier in less than a
In this article DOCS Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity shares jumped as much as 10% in extended trading Tuesday after the online health company, which held its stock market debut in June, said quarterly revenue doubled. Here’s how the company
In this article WW COIN LUV PRGO WEN GOOS-CA Check out the companies making headlines before the bell: Canada Goose (GOOS) – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However,
In this article COIN BTC.CB= Coinbase shares rose as much as 2.1% in extended trading Tuesday after reporting second-quarter revenue that was stronger than analysts had expected. Here’s how the largest cryptocurrency exchange in the U.S. did versus expectations per Refinitiv estimates: Revenue: $2.23 billion vs. $1.78 billion expected Earnings: $3.45 per share, adjusted, which
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night’s earnings reports from two newly-public companies. Cryptocurrency
The White House is calling on OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices, amid concerns that rising inflation could derail the economic recovery from Covid. Biden administration officials spoke with representatives from OPEC’s de facto leader Saudi Arabia this week, as well as with representatives from
In this article IYG U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were flat.
Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part
In this article PFE MRNA SVA Unvaccinated people are eager to travel again. But more and more, the rules make that harder. Travelers are increasingly required to show proof of vaccination before they can cruise, book group tours, avoid quarantines, or vacation to tropical islands. Beyond that, vaccines are needed for everyday activities including attending
1995 McLaren F1 Photo: Mike Maez | Gooding & Co. The Super Bowl of super-rich car collecting kicks off in Monterey, Ca. this week as more than $300 million worth of rolling trophies comes up for auction. After an unexpected surge in classic-car sales and prices during the pandemic, Monterey Car Week and the Pebble
In this article NCLH Giacomo Augugliaro | Moment | Getty Images As the rampant delta variant of Covid-19 threatens the post-pandemic travel and tourism rebound, there’s growing acceptance of so-called vaccine passports among a one-hesitant U.S. public and increased calls for their mandated use across the industry. A survey from travel website Upgraded Points of
Sales and trading in nonfungible tokens (or NFTs) have gone from increasing to skyrocketing. They’re new. Their values can be volatile. But for those with U.S. tax obligations they can also be a goldmine for the IRS. Why? Because unlike most other forms of income and assets, NFTs can create multiple taxation events for both
Laura Ellis is president of residential sales and the executive vice president of Chicago-based Baird & Warner. Last summer after the start of the pandemic, we saw the housing market escalate with swift sales and soaring prices as people realized they wanted a change of scenery, more space or both. This year, dynamics continue to break
In this article PYPL The Ebay Inc. Venmo application (app). Andrew Harrer | Bloomberg | Getty Images Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies. The development is part of the broader crypto strategy of Venmo parent PayPal. The company launched a business
Kristine Davis, a spacesuit engineer at NASA’s Johnson Space Center, wears a ground prototype of the new Exploration Extravehicular Mobility Unit (xEMU), during a demonstration on Oct. 15, 2019. Joel Kowsky / NASA Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The
In this article MS BLK skynesher | Getty Images Direct indexing, which allows investors to buy the stocks of an index, instead of purchasing a mutual or exchange-traded fund, may soon be available to more investors. While ultra-high-net-worth people have historically used the strategy, those with fewer assets may soon have access as more financial
Alex Potemkin | E+ | Getty Images Being ultra-tech-savvy apparently isn’t enough to protect you from online scams, a new report suggests. The number of individuals age 20 or younger — members of Generation Z who have grown up on smartphones and the internet — reporting they are victims of cyber-fraud has surged 156% over