Business

The holiday shopping season produced the best end-of-the-year quarter for Mattel in more than a dozen years after toy sales increased by double digits, outpacing the industry, CEO Ynon Kreiz told CNBC’s Jim Cramer Wednesday. In its fourth-quarter report released after Tuesday’s close, Mattel posted $1.6 billion in sales, up 10% from the year-ago quarter.
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Ten to thirty percent of all Covid patients will suffer from long-haul symptoms, according to the latest research from Mt. Sinai’s Center for Post-Covid Care. Those numbers should be a “wake-up call” for young people and motivate them to avoid infection, Dr. Peter Hotez of Texas Children’s Hospital said on CNBC’s “The News with Shepard
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Oxford Street empty of shoppers as the national coronavirus lockdown three continues. Mike Kemp | In Pictures | Getty Images LONDON — Main street is experiencing significant change as retailers close stores, customers move online and leisure activities take up more time in our day-to-day, analysts have told CNBC. The coronavirus pandemic and the resulting
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Elizabeth Olsen stars as Wanda Maximoff in “WandaVision” on Disney+. Disney Kevin Feige warned us that the Marvel series on Disney+ would have implications for the greater Marvel Cinematic Universe. And he’s kept that promise. On Friday, the fifth episode of “WandaVision” arrived on the streaming service, bringing with it a major cameo that has
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Judge Merrick Garland, U.S. President-elect Joe Biden’s nominee to be U.S. Attorney General, speaks as Biden announces his Justice Department nominees at his transition headquarters in Wilmington, Delaware, January 7, 2021. Kevin Lamarque | Reuters Should CEOs be quaking in their Guccis about a crackdown on white collar crime in the Biden administration? Attorneys are
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InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images Third-party delivery company Instacart said Thursday that it will start making same-day deliveries for Dollar Tree-owned Family Dollar, a discount retailer that’s seen growth during the pandemic. The company will deliver online purchases to customers’ homes from the dollar store chain’s
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