The environmental movement’s stance on nuclear power is “wrong” and derailed the sector’s development, according to the filmmaker Oliver Stone. During an interview with CNBC’s Tania Bryer at the World Economic Forum in Davos, Switzerland, Stone — who’s made a new documentary called “Nuclear Now” — was asked where his passion to tackle the climate
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CNBC’s Jim Cramer on Wednesday said that the benchmark S&P 500 is at a crossroads, poised to either tumble further or roar higher. “The charts, as interpreted by Jessica Inskip, suggest that we’re all at a very important moment where the S&P 500 found an equilibrium between the floor of support and a ceiling of
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. Kamil Krzaczynski | AFP | Getty Images Southwest Airlines pilots’ union plans to hold a vote that could give it the power to call a potential strike,
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the automaker said Tuesday. The vehicle also will be all-wheel drive, another first for the quintessential American sports car. The carmaker said the E-Ray, which GM first
CNBC’s Jim Cramer told investors not to discard their traditional, steady stocks after Tuesday’s trading session. “It is so easy to panic out of stocks on the first sign of weakness,” he said, adding, “I’m urging the opposite.” The Dow Jones Industrial Average and S&P 500 fell on Tuesday on the back of weaker-than-expected bank
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz David A. Grogan | CNBC Disney ripped Nelson Peltz and his bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Trian Fund Management, takes shape. Disney said in a securities filing Tuesday that
In this article ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Several press releases allegedly sent from Adidas about a Berlin Fashion Week launch, its treatment of workers abroad and other topics related
OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight to tackle surging inflation. “We certainly very much welcome the easing of Covid related restrictions in China,” Cormann told CNBC’s Joumanna Bercetche at the World Economic Forum in Davos, Switzerland. “Over the short term, it will come with challenges
China needs to move past political considerations and look at importing Covid-19 jabs to end the pandemic globally, according to the chief executive of the world’s latest vaccine manufacturer. “They need to open themselves up to healthcare and vaccines from the West and set aside any political issues or things that are holding them back,”
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on high alert for signs of a “demand destruction” scenario for the U.S. automotive industry this year as interest rates rise
Grounded Delta Airlines planes are parked at gates at John F. Kennedy International Airport on January 11, 2023, in New York. Yuki Iwamura | AFP | Getty Images The Federal Aviation Administration has launched an investigation after two commercial airplanes narrowly avoided a collision at John F. Kennedy International Airport on Friday, a spokesperson confirmed
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Olmsted, author of “Real Food/Fake Food,” told CNBC. Fraudsters motivated by economic gain secretly infiltrate the global food market through a
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT Set of pen, notebook, and dices to play role game like dungeons and dragons. Purple bag to storage the dices. in Barcelona, CT, Spain Cavan Images | Istock | Getty Images Dungeons & Dragons fans were ready to roll for initiative against Hasbro after the
In this article GOEV FFIE RIDE RIVN FSR LCID TSLA Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon? As electric-car stocks plummeted in late 2022, the rout
Passengers boarding a Metrobus in downtown Washington, Wednesday, Dec. 7, 2022. Pablo Martinez Monsivais | AP Washington, D.C., is on the verge of eliminating bus fares for city residents, joining other U.S. cities that are working to make metro bus and rail systems free to ride. Already, Boston, San Francisco and Denver are experimenting with
Loading chart… Costamare Inc: “I don’t like [the] container ship business. And the rates are falling. I’m not going to say, buy that.” Loading chart… Lamar Advertising Co: “They are in a business that is in a serious recession right now. So, I am going to have to say no to that.” Loading chart… Torm
In this article WEN Follow your favorite stocksCREATE FREE ACCOUNT David Paul Morris | Bloomberg | Getty Images Nelson Peltz isn’t interested in acquiring Wendy’s, according to a regulatory filing made on Friday. Peltz serves as non-executive chair on the burger chain’s board and as chief executive of activist firm Trian Fund Management, which is
In this article WFC JPM DAL TSLA SPCE BAC .BBKA Follow your favorite stocksCREATE FREE ACCOUNT A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourth-quarter earnings and revenue before the
In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment,
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Nike CEO John Donahoe said Thursday the company is “really focused” on Gen Z consumers in China and that the athletic apparel retailer is continuing to see strong demand in the region, even amid Covid-related disruptions. “We’re still the number one cool and favorite brand