The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accountability to ensure they’re meeting goals related to sustainability, according to the CEO of SDG Monitor, a firm focused on measuring performance in that area. Speaking during
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Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness in the global economy and China’s continued adherence to its zero-Covid policy. Revenue advanced to a quarterly record of $8.4 billion, exceeding expectations of $8.31 billion. Adjusted earnings-per-share came in at 81
In this article MAXR Follow your favorite stocksCREATE FREE ACCOUNT A close look at the primary mirror of a Worldview Legion satellite during assembly and inspection. Maxar Space infrastructure and imagery company Maxar said Thursday the first launch of its key next-generation imagery satellites is set for the beginning of next year. The company plans
Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the almost 70-year-old executive, who has been in the industry for 50 years, told
Loading chart… Edwards Lifesciences Corp: “I suggest that you have to buy Johnson & Johnson. They bought the better heart-valve company.” Loading chart… Cerence Inc: “In a market like this, it can go to $13, $12. If you can take that level of pain, you can absolutely buy it, because it is a good company.”
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new
A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Bed Bath & Beyond’s chief customer officer, Rafeh Masood, has resigned, marking the latest leadership change at the embattled retailer. Masood also held the role of chief technology officer.
In this article LI NIO XPEV Follow your favorite stocksCREATE FREE ACCOUNT Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Images BEIJING — Chinese electric car startup Xpeng delivered about half
Pfizer CEO Albert Bourla talks during a press conference with European Commission President after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the factory of US pharmaceutical company Pfizer, in Puurs, on April 23, 2021. John Thys | AFP | Getty Images Pfizer CEO Albert Bourla laid out his plan Tuesday
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT An intensive care nurse cares for a patient suffering from respiratory syncytial virus (RS virus or RSV) who is being ventilated in the children’s intensive care unit of the Olgahospital in Stuttgart. Marijan Murat | Picture Alliance | Getty Images Pfizer’s vaccine against respiratory syncytial
In this article TSP Follow your favorite stocksCREATE FREE ACCOUNT TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck startup TuSimple has fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings and
In this article LMT LLAP Follow your favorite stocksCREATE FREE ACCOUNT The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Shares of spacecraft manufacturer Terran Orbital rose Monday after the company added $100 million via an investment from existing shareholder Lockheed Martin. Lockheed purchased both debt and stock, and
In this article DASH PYPL SBUX QCOM CVS HUM AMD DVN UBER LLY Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer on Friday said that next week’s jam-packed week of earnings and economic data releases could result in good news for the Federal Reserve’s battle against inflation. “This market’s trading like next week, we’ll
In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer’s new “Eyes Wide Open” campaign as part of a long-term partnership. Jeep DETROIT — New York Yankees legend Derek Jeter and his wife, Hannah Jeter, have agreed
Alice Cooper in John Carpenter’s 1987 movie “Prince of Darkness.” Source: Shutterstock John Carpenter is the king of Halloween. And not just because he directed “Halloween.” He’s the creative force behind spooky season classics like “The Fog,” “Christine” and “The Thing.” A lucrative new trilogy of “Halloween” sequels to his 1978 original just wrapped up
Kyrie Irving #11 of the Brooklyn Nets handles the ball against the Milwaukee Bucks in Game Two of the Second Round of the 2021 NBA Playoffs at Barclays Center on June 07, 2021 in New York City. Steven Ryan | Getty Images After Brooklyn Nets guard Kyrie Irving promoted an antisemitic film and book on social media
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk’s takeover of the social media platform, the company told CNBC on Friday. The Detroit automaker, a rival to Musk-led electric vehicle maker Tesla, said it is “pausing” advertising as it evaluates
In this article DIS DAL UAL Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: United Airlines Delta Air Lines Disney Cramer named travel as one of five recession-resistant market leaders that are
We’re exiting our position in AbbVie (ABBV), selling 300 shares at roughly $148.14 each. We’re also buying 75 shares of Starbucks (SBUX) at roughly $85.93 each. Following Friday’s trades, Jim’s Charitable Trust will no longer own a position in AbbVie and will own 750 shares of Starbucks, increasing its weighting in the portfolio to 2.28%
Covid cases and controls have increased in China this month. Pictured here on Oct. 27, 2022, is a neighborhood in Shanghai that’s been fenced in for Covid control. Future Publishing | Future Publishing | Getty Images BEIJING — Covid controls in China have tightened in the last two weeks after more cities reported virus outbreaks.