Latest business News

Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech

New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups.

Global chip shortage: US says firms' stocks have plunged

The shortage of semiconductors is continuing to have a major impact on industries around the world.

Tim Cook 'stalker': Apple files for restraining order against Virginia woman accused of harassing CEO

Apple has filed for a restraining order against a woman who allegedly stalked the tech giant’s CEO Tim Cook, showed up at his house at least twice and sent him photos of guns and bullets, according court filings in Santa Clara.

Disgraced Merrill Lynch dad seen for first time since his arrest

James Iannazzo, 48, was seen for the first time since his arrest at his $2.64m five-bed, five-bath colonial-style mansion in Southport, Connecticut on Monday.

2023 Toyota Sequoia debuts with 437-hp turbocharged hybrid V6

The new Sequoia's i-Force Max twin-turbocharged V6 hybrid makes 45 percent more torque than the old V8, and that's just the tip of the iceberg.

Hawaii sees 1,904 new coronavirus cases, bringing statewide total to 206,837 - Honolulu Star

Hawaii Department of Health officials reported 1,904 new confirmed and probable coronavirus infections today, bringing the state’s total since the start of the pandemic to 206,837 cases.

Elon Musk nudges McDonald's to accept Dogecoin: 'I will eat a Happy Meal on TV'

Elon Musk, a noted Dogecoin fan, called for McDonald’s to accept the meme token as a legitimate form of payment for burgers and fries, to which the fast-food giant responded, “only if Tesla a…

Cramer's lightning round: I still believe in Cleveland-Cliffs

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Watch Jim Cramer's full interview with Verizon CEO Hans Vestberg

"Mad Money" host Jim Cramer interviewed Verizon CEO Hans Vestberg on Tuesday's episode of the show.

Logitech turns in strong quarter, but CEO says supply chain woes still held back sales

"We lost several points of growth because we couldn't get supply in everything we wanted," Logitech CEO Bracken Darrell said on "Mad Money."

Mobile banking app users could get piece of $58M settlement

A company accused of collecting too much of your financial data is being forced to pay big. That could mean you're entitled to settlement money.

Russia’s central bank just highlighted 3 valid crypto flaws that U.S. billionaire bulls are ignoring

The authoritarian Communist nation just issued an insightful assessment of the craze in cryptocurrencies, all negative.

Microsoft Earnings Grew Last Quarter With Demand for Cloud Services

Software giant’s cloud-computing business continues to thrive on people’s shift to remote work during the pandemic

Jim Cramer says Union Pacific is the best railroad stock to own in this market

"It is a stock picker's market," Jim Cramer said Tuesday, so investors should stick with the best-of-breed Union Pacific.

Dow Jones Futures: Microsoft Whipsaws On Guidance; Stock Market Volatile As Fed Meeting, Tesla Earnings Loom

Growth led Tuesday's market retreat, but energy sector remains hot.

Undeterred Cathie Wood says she's using the sell-off to buy her favorites: 'Innovation is on sale'

Wood's flagship fund, ARK Innovation, is down more than 55% from its $156.58 per share high notched in February of 2021.

Judge grants BNSF temporary restraining order, blocking 17,000 workers from striking over new attendance policy

The restraining order was granted despite two unions, composing of nearly 17,000 BNSF employees, threatened to strike over the new policy.

First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading

Ether was roughly flat, while other major altcoins were mixed.

Retail Revolution: AMC reportedly looking to refinance debt

Chris White, BondCliq CEO, on reports that AMC is in advanced refinancing talks with multiple interested parties. With CNBC's Melissa Lee and the Fast Money ...

Fashion Nova Will Pay $4.2 Million To Settle Allegations That It Blocked Bad Reviews On Its Website

It's the first time the Federal Trade Commission has gone after a retailer for failing to provide customers with negative reviews of their products, the agency said.

Chinese stocks rise as investors look ahead to Fed meeting conclusion

Markets will be looking ahead to the Fed's conclusion of its meeting on Wednesday, where it's expected to issue a statement signaling a rate hike as soon as March and more policy tightening.

Apple's New 'Personal Safety Guide' Helps You Deal With AirTag Stalkers

The guide provides details around privacy protections in AirTag trackers, which privacy advocates worry are a boon for stalkers.

Cramer says the stock market is being dragged down by 2021's flurry of IPOs and SPAC deals

"A stock market's like any other market, if you get too much inventory, prices will plummet," the "Mad Money" host said.

Tim Cook allegedly stalked by woman who trespassed and sent photos of a loaded gun

Apple has been granted a restraining order against a woman who allegedly threatened, harassed and stalked CEO Tim Cook for more than a year.

U.S. seeks more information from Tesla on distracted drive game probe

U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc <a href="https://www.reuters.com/companies/TSLA.O" target="_blank">(TSLA.O)</a> in its probe into 580,000 vehicles over the automaker's decision to allow games t…

Biden will host CEOs at the White House to promote his stalled Build Back Better bill

The CEOs of General Motors, Ford and Microsoft are expected to say publicly why they support the social safety net bill currently stalled in the Senate.

GM's $7 billion investment intensifies EV battle with Ford, Tesla

General Motors Co <a href="https://www.reuters.com/companies/GM.N" target="_blank">(GM.N)</a> said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with …

Biglaw Salary Hike Extends To One Of The Largest Firms In The World

Biglaw's follow the leader game finds its 'Piper.'

The FAA Found A Workaround To Most Airplanes' 5G Issues

5G is causing interference between with some aircraft altimeters, but the FAA seems to have a solution

Stocks Trading on Fumes Probably Aren't Keeping the Fed Awake

A fully digital U.S. dollar? Fed releases study of potential contender to cryptocurrency.

The Federal Reserve plans on exploring opportunities to create a fully digital U.S. dollar, which could serve as an alternative to cryptocurrency

PG&E Proposes 6.4 GWh Battery Storage Plan

PG&E is planning to add 1,600 MW/6,400 MWh of utility scale battery storage in the state of California by 2024.

Stock investors' nerves tested by inflation, omicron, Russia

NEW YORK (AP) — The stock market is losing crucial support from the Federal Reserve .

The International Monetary Fund tells El Salvador it shouldn't use Bitcoin as legal tender

The International Monetary Fund’s executive directors have recommended to El Salvador that it should narrow the scope of its Bitcoin law, making it so that the cryptocurrency is no longer legal tender in the country.

Texas Instruments' Earnings Were Hot. It's Riding High Amid Chip Shortage.

The profit report, seen as an indicator of what investors can expect from other chip makers, sent the shares higher in extended trading.

IMF urges El Salvador to ditch bitcoin as legal tender

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Microsoft Earnings: What Happened with MSFT

Microsoft's (MSFT) fiscal Q2 earnings and revenue exceeded analysts' expectations. The company's gaming revenue matched consensus estimates.

IMF urges El Salvador to remove Bitcoin's status as legal tender

IMF directors urged El Salvador authorities to “narrow the scope of the Bitcoin law by removing Bitcoin’s legal tender status."

Stocks making the biggest moves after the bell: Microsoft, F5, Navient & more

These are the stocks posting the largest moves after the bell.

This Microsoft beat was not what the buy side wanted: Jefferies' Brent Thill

Brent Thill, Jefferies analyst, joins 'Closing Bell' to discuss Microsoft's second quarter earnings. For access to live and exclusive video from CNBC subscri...

Global Warming Will Create 'Rich New Opportunities' for Companies

A McKinsey study says $275 trillion in spending is needed to get to net-zero emissions by 2050, but that it will create billions of dollars of business for new products and decarbonization of existing processes.

Oil Prices Stable After API Reports Small Crude Draw

WTI crude held at around $85 per barrel on Tuesday afternoon after the API reported a smaller than expected crude inventory draw

I.M.F. Forecasts U.S. and China Slowdowns Will Hold Back Growth

The International Monetary Fund forecasts that the growth rate of the world economy will slow to 4.4 percent in 2022.

New 'eJLTV' Hybrid-Electric Variant Of Military's Light Tactical Vehicle Revealed

Electric vehicles continue to populate civilian roads, but the technology still has a long way to go before it can be deployed on the battlefield.

The Fed has to wean the markets off this certainty of forward guidance: Brookings' Wessel

David Wessel, Brookings Institution senior fellow in economic studies, joins 'Power Lunch' to discuss Federal Reserve expectations prior to Wednesday's rate ...

If the $40B Nvidia-Arm deal is dead, what does it mean to big tech M&A?

News reports surfaced over the past 24 hours that the $40 billion Nvidia-Arm deal, which ranks among the most expensive tech deals ever, is in peril. Nvidia is reportedly ready to walk away due to regulatory pressure. The question is, what does it mean for te…

This Hybrid “Defense” Vehicle Will Silently Protect Your “Freedom”

Oshkosh Defense unveiled its new hybrid vehicle meant for a kinder and greener U.S. military

Nvidia Stock: Nvidia Preparing To Abandon Arm Acquisition

Graphics-chip maker Nvidia is preparing to abandon its long shot bid to acquire chip designer Arm, according to a report. Nvidia stock fell.

Buffett's Berkshire Hathaway will host annual meeting in person

Warren Buffett's Berkshire Hathaway is out with an important announcement.

This Biotech's Bet On A Failed Gilead Drug Just Paid Off In A Big Way

Reddit traders lament losses as meme stocks like GameStop are decimated

On Reddit's WallStreetBets forum, which was at the center of the GameStop saga last January, bearish sentiment has taken hold ahead of the Federal Reserve policy meeting this week.

Mortgage Rates Remain Exceptionally Stubborn Ahead of Fed

It's a tale as old as time for those who closely follow the day to day gyrations in the mortgage market.  Bond volatility forces lenders to raise rates fairly quickly.  Lenders then wait for market gains AND stability before adjusting rates back toward prev…

Tesla Earnings: What to Look For From TSLA

Tesla (TSLA) reports Q4 earnings after market close on Jan. 26. Can it keep profits rising as revenue growth slows?

Fashion Nova Is Fined for Suppressing Negative Reviews

Fashion Nova held lower-starred reviews for approval before they could be posted, the F.T.C. said in a complaint.

This New Video Offers the Most Complete Look Yet at the Tesla Cybertruck

The EV maker recently announced production of the truck had been delayed until early 2023.

Pfizer and BioNTech launch trial of Omicron-targeted COVID vaccine

Pfizer Inc <a href="https://www.reuters.com/companies/PFE.N" target="_blank">(PFE.N)</a> and BioNTech SE said on Tuesday they started a clinical trial to test a new version of their vaccine specifically designed to target the COVID-19 Omicron variant, which h…

First on CNN: Bank of America is giving workers $1 billion of stock

Bank of America is handing out $1 billion worth of restricted stock to virtually its entire workforce as the bank seeks to gain an upper hand in the war for talent.

YouTube CEO Defends Hiding Dislike Count, Says It Reduced Harassment

Susan Wojcicki also claims the dislike count wasn't always useful in determining what to watch.

Federal Trade Commission blocks Lockheed Martin's acquisition of Aerojet Rocketdyne

Lockheed Martin’s proposed $4.4 billion acquisition of rocket engine manufacturer Aerojet Rocketdyne has been blocked by the Federal Trade Commission, the agency announced Jan. 25.

Russian finance ministry official objects central bank crypto ban

Ivan Chebeskov, the head of the financial policy department at Russia's Ministry of Finance, opposes the central bank's consideration to ban cryptocurrencies. "We need to regulate,...

White House dismisses DeSantis calls to reverse decision on antibody therapies that don't work | TheHill

White House press secretary Jen Psaki on Tuesday dismissed critic...

Federal Trade Commission sues to block $4.4 billion merger between Lockheed Martin and Aerojet Rocketdyne

Lockheed Martin, the world's largest defense contractor by revenue, had sought to gain additional scale with the purchase of Aerojet Rocketdyne. The Federal Trade Commission wants to block the merger.

Stocks are still down but Dow revives hopes for a turnaround Tuesday

Investors better fasten their seat belts because there's no sign of volatility letting up on Wall Street.

Here's how much you need to earn to be in the top 1% in your state and nationwide

In the U.S. a family must earn almost $600,000 to be in the top 1%, but how does that vary per state?

A more than $761 billion dilemma: Retailers' returns jump as online sales grow

Returns have ballooned as consumers buy more during the pandemic and make many of those purchases online.

McKinsey calculates the staggering capital spending required to reach net-zero by 2050

We'll have to spend an extra $3.5 trillion a year on physical assets for energy and land-use systems, says a new McKinsey report.

Tesla Earnings Are Coming. They Better Be Good.

Tesla CEO Elon Musk is expected be on the company's quarterly conference call Wednesday.

Stocks fall sharply as a bout of market volatility continues

Another volatile bout of trading on Wall Street ended with a broad pullback for stocks Tuesday, as investors grapple with economic red flags and uncertainty over how aggressive the Federal Reserve will be in fighting rising inflation.

Salaries Continue To Climb At This Law Firm Thanks To Milbank

Associates are thrilled.

Retail Dip-Buyers Get Whiplashed Big Time by Historic Volatility

Johnson & Johnson more bullish on acquisitions in volatile market: CFO

Market volatility will lead cash-rich companies to be more opportunistic on mergers and acquisitions in 2022, including Johnson & Johnson, according to its CFO.

The Fed can't walk away from the stock market, says MarketRebellion.com's Jon Najarian

Jon Najarian, MarketRebellion.com co-founder, joins the 'Halftime Report' to discuss what he expects from tomorrow's Fed meeting.

Who Is Behind Mystery Bid That Put In The Bitcoin Bottom?

Trading in the green for the first time in over a week, Bitcoin (BTC) seems poised for more gains in the short term amid macro factors.

Unilever spinning off Ben & Jerry's into separate unit in corporate overhaul

Ben & Jerry’s parent company Unilever plans a massive overhaul that includes job cuts and a global restructuring that will have the Vermont-based ice cream maker operate under a separate …

Stocks tumble again as investors weigh Federal Reserve decision and inflation

Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.

Free N95 masks roll out at pharmacies like Walgreens this week: how to get yours

The Biden administration is issuing 400 million free non-surgical N95 masks to stop the spread of COVID-19. The program should be fully up and running by early February.

Families may need energy bill help, says IMF expert

The IMF says the global economy is entering 2022 in a weaker position than previously expected.

Flying car cleared for takeoff, but you'll need a pilot's license

A flying car has been given the green light to take to the skies.

GE's shares fall as supply-chain woes hit Q4 revenue

General Electric Co on Tuesday reported a decline in quarterly revenue amid persistent global supply chain disruptions, sending its shares lower.

Pfizer Begins Study Testing Omicron Vaccine in People

Trial will examine safety and immune response in case regulators deem an adapted Covid-19 vaccine necessary

Robinhood, Venmo users may receive portion of $58M settlement

(WEAR) &ndash; If you've connected your bank account to a financial app such as Venmo or Robinhood, you may receive a cash payment. A class-action lawsuit says third-party software used by thousands of apps collected more personal data than it needed. The com…

Cramer: 3 portfolio stocks, Costco, Cisco and Chevron, get new ratings

The moves better reflect our thinking about Costco, Cisco and Chevron at current prices following the recent swings in the stock market.

Raytheon CEO Greg Hayes on Q4 earnings, Russia-Ukraine tensions

Raytheon Technologies CEO Greg Hayes joins CNBC's 'Squawk on the Street' to break down the company's latest fourth-quarter earnings report, which beat earnin...

Stocks making the biggest moves midday: American Express, General Electric, IBM and more

These are the stocks posting the largest moves in midday trading.

Chesapeake Energy sells Wyoming’s Powder River Basin assets for $450 million

Chesapeake Energy Corp. announced the sale of its Powder River Basin assets in Wyoming to Continental Resources Inc. on Tuesday, according to MarketWatch.

Woman's $3M winning Michigan lottery message gets sent to spam folder

Laura Spears bought her ticket through her Michigan Lottery account and almost missed the email informing her that she won after it went to her spam folder.

Inside the Factory Making N95 Masks for the Public

Two years after COVID-19 first reached America, N-95 masks are finally being made available to the public for free, courtesy of the government. At Bona Fide ...

Elon Musk Urges McDonald’s to Accept Dogecoin for Payment

Tesla CEO says he’ll eat a Happy Meal on TV if the fast-food giant accepts the cryptocurrency, following McDonald’s tweet commenting on crypto selloff

FTC sues to block Lockheed Martin’s $4.4B deal to buy Aerojet Rocketdyne

The U.S. Federal Trade Commission (FTC) has filed suit to block the pending deal defense and aerospace giant Lockheed Martin has on the table to acquire Aerojet Rocketdyne. The proposed deal has a total value of $4.4 billion, made up of cash and debt, but the…

Dim future for Chevy Bolt EV, EUV as evidence mounts GM plans to end production

The affordable EVs' factory will become an electric truck plant by 2024 with no public plans to shift the Bolts elsewhere.

Commerce Department Survey Uncovers ‘Alarming’ Chip Shortages

Increased demand for the semiconductors that power cars, electronics and electrical grids have stoked inflation and could cause more factory shutdowns in the United States.

Jim Cramer reacts to earnings from Johnson & Johnson, 3M, GE and more

"Mad Money" host Jim Cramer and the 'Squawk on the Street' team break down the latest quarterly earnings reports from Johnson & Johnson, IBM, Raytheon and mo...

Consumer Confidence Dragged Down As Bidenflation and Omicron Crush Hope

Rising prices and the ongoing pandemic dragged down consumer confidence as 2021 got going. | Economy

A woman checked her spam and found she won $3 million in the lottery — but you should still be wary of scams

Experts say such emails are usually scams and that people should be careful with their junk mail folder.

Casino giant Wynn to open a 1,000-room resort in UAE emirate introducing legal 'gaming'

The Nevada-based casino giant on Tuesday announced a multibillion-dollar deal with the UAE.

Elon Musk's crypto proposition for McDonald's

Elon Musk has a request for the world's largest fast-food giant.

Why Is ARK Innovation Dropping? Traders Get the Blame, But Might Not Deserve It.

Traders can smell blood in the water. That might be a problem for Cathie Wood.

Recovery disrupted: IMF cuts global economic growth forecast

Cut to global forecast largely reflects downward revisions to US and China outlooks.

Cramer advises investors to stick with 'great American companies' to weather market swings

While many of those firms might look to be in a dismal state, CNBC's Jim Cramer encouraged buyers to watch the big picture.

You can still find a haven in tech stocks: These 20 offer the safety net of highly stable profits

Investors are running away from risky stocks of companies that aren’t yet profitable, including some high-flyers

FTC Sues to Block Lockheed Martin's Purchase of Aerojet Rocketdyne.

The Federal Trade Commission sues to block Lockheed Martin's $4.4 billion acquisition of Aerojet Rocketdyne.

Verizon's Earnings Were Good Enough. What You Need to Know.

Verizon Communications delivered in-line fourth-quarter results, and management added guidance for 2022 that didn’t rock the boat either.

CNBC Fed Survey forecasts more aggressive Fed tightening

At the Fed's two-day meeting, which ends Wednesday, it is expected to give more clues as to when it will hike rates and begin shrinking the balance sheet.

Nvidia ready to abandon Arm acquisition, report says

Nvidia remains hopeful, but report paints different picture behind the scenes.

General Motors will build a third EV battery factory in the US

GM said it would build a third battery factory in the US as it seeks to grow its electric vehicle lineup. The company will build a battery facility in Lansing, Michigan, and convert a factory in Orion to make electric trucks.

There Is Now At Least One Tesla Cybertruck And It Looks Goofy As Hell

After being delayed past 2022, we finally get a walkaround tour of Tesla's second act

Investors should ride out bitcoin, but do not lever it: Anthony Scaramucci

Anthony Scaramucci, SkyBridge Capital founder and CNBC contributor, joins CNBC's 'Squawk Box' to discuss cryptocurrencies after bitcoin's value was slashed n...

Home prices soared 18.8% in November

Overheated home prices continue to show signs of cooling off a bit.

UAE sheikhdom to allow gaming as Wynn Resorts plans project

Activist Macellum asks for a seat on Kohl's board and for a commitment to explore a sale

Activist hedge fund Macellum Advisors has been asking Kohl's to consider selling itself and now it wants at least one seat on the retailer's board.

Microsoft Slides Ahead of Earnings

Option traders appear to be taking positions implying that they think the recent downturn for Microsoft shares could continue in the near term.

Peloton's wild ride and possible buyers

A hedge fund with less than a 5% stake in Peloton called for CEO John Foley to be fired.

Crystal Symphony warrant: Cruise ship diverts to Bahamas to avoid seizure by US Marshals

A judge issued a warrant against Crystal Cruises and its parent company last week over $4.6 million in unpaid fuel fees. Passengers and crew on the Symphony ended up in Bimini instead of Miami.

Investors Pile Into Gold, Seeking Safety From Market, Geopolitical Turbulence

The SPDR Gold Shares exchange-traded fund on Friday notched its largest single day of inflows on record

Why Bitcoin, Ethereum, and Solana All Skyrocketed Higher Today

US digital currency is 'inevitable,' Bank of America says

The idea of digital coin issued by the US government, known as central bank digital currencies, have gained prominence in recent years alongside the rise of leading crypto tokens such as Bitcoin.

Consumers are flush, and that's good news for AmEx

American Express customers clearly didn't leave home without their credit cards when they went shopping this holiday season. The company said Tuesday that revenue in the fourth quarter soared 30% from a year ago, thanks in large part to record spending by its…

Tech stocks drag Wall Street lower ahead of Fed meeting

Wall Street plunged then pared losses on Tuesday, with interest-rate sensitive tech and tech-adjacent large caps weighing heaviest as uncertainties surrounding an increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market'…

Krispy Kreme offering free donuts for blood donation

With a nationwide shortage of blood donations, Krispy Kreme is offering free donuts if you donate blood.

YouTube is considering NFTs, CEO’s letter suggests

In a letter published today by YouTube CEO Susan Wojcicki, the executive suggests the video-sharing platform may embrace web3 technologies, including NFTs — or non-fungible tokens, a way to certify digital assets stored on the blockchain — as a means of helpi…

Google sued in US over 'deceptive' location tracking

Washington DC and Texas are among four states taking legal action against the technology giant.

Are tax-free muni bonds right for your portfolio? What to know before investing

Muni bonds offer safety and tax-free income, but may not be right for every portfolio. Here's what to know, according to financial experts.

AMC in Advanced Talks to Refinance Debt as Meme-Stock Luster Fades

As AMC shares and bonds fall, the cinema giant is looking to refinance its high-interest debt, a person familiar with the matter says

Goldman Strategists See Risk of 'Growth Shock' for Stocks

Thank You, Bronco Raptor, For Tucking Your Tailpipes

The Bronco Raptor suffers no tailpipe envy, opting instead for a functional, simple design

Elon Musk to unveil Tesla’s future road map this week as stock endures market rout

The mercurial CEO has raised investor expectations over a new product timetable ahead of Wednesday's Q4 call.

Starbucks is launching an energy drink

Starbucks is giving customers new ways to perk up: a line of energy drinks called Starbucks Baya Energy and a bunch of fresh flavors in the grocery aisle.

Coronavirus live updates and omicron variant news

Midwest grocery chains Meijer and Hy-Vee said they have started giving away the masks. Walgreens expects its giveaways to start Friday.

Walmart invests in indoor vertical farming startup Plenty

NEW YORK (AP) — Walmart said Tuesday it has taken a stake in agriculture startup Plenty, becoming the first large U.S. retailer to significantly invest in indoor vertical farming as a way to deliver fresher produce to its stores.

IMF cuts 2022 global growth forecast as U.S., China recovery wanes

The International Monetary Fund has downgraded its global growth forecast for 2022 as rising Covid cases, supply chain disruptions and inflation hamper the economy.

Home prices surged in November, but at a slower rate, S&P Case-Shiller says

Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.

US home price growth moderates for fourth straight month

Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 18.8% annual gain in November, down from 19% from...

Walmart makes an investment in vertical farming start-up Plenty

The big-box retailer will carry leafy greens from Plenty in all of its California stores later this year.

Berkshire Hathaway's annual meeting - Buffett's 'Woodstock for Capitalists' - set to return in person after 2 years virtual

Berkshire Hathaway's annual shareholder meeting will be held in person on April 30 after two years of virtual gathering due to Covid-19 restrictions.

'Crypto Winter' Fears Chill the Battered Bitcoin Faithful

Federal Reserve likely to signal March interest rate hike this week

The Federal Reserve is expected to confirm plans this week for an interest rate hike for March as officials look to address the decades-high inflation hammering American consumers.

Consumer goods giant Unilever cutting 1,500 management jobs

Exclusive: Simply Lemonade is becoming a boozy beverage

Coca-Cola is turning another one of its drinks into an alcoholic alternative. It's the company's third boozy beverage as it taps into the growing canned cocktail craze.

Alaska Airlines cancels nearly 25 flights out of Paine Field due to 5G restrictions

EVERETT, Wash. &ndash; Alaska Airlines canceled nearly 25 flights Monday at Everett&rsquo;s Paine Field because of 5G. The airline confirmed 23 flights into and out of Paine Field were canceled because FAA restrictions mean the Embraer E175 airplane can not l…

Today's mortgage rates stick at money-saving levels across all terms | Jan. 25, 2022

Check out the mortgage rates for Jan. 25, 2022, which are unchanged from yesterday.

Toddler goes on a $2K Walmart shopping spree

Toddler orders almost $2,000 of furniture from Walmart. CNN's Jeanne Moos talked to the proud parents.

Three Market Gurus Tell You Exactly When Stocks Will Stop Falling

Plaid’s new privacy controls let you manage your financial data from a single hub

Plaid, the service that links your bank account to financial apps like Coinbase, Robinhood, Venmo, and more, has rolled out a privacy portal that lets you manage which connected apps have access to your financial information.

King Soopers Workers End Strike In Colorado

Workers ratified a new contract with Kroger after walking off the job on Jan. 12.

Stocks set for another volatile session, IBM bucks downtrend

Stock investors brace for more big market swings following one of the biggest trading comebacks in history.

Stocks making the biggest moves in the premarket: 3M, Johnson & Johnson, General Electric and more

The stocks making the biggest moves in premarket trading include 3M, Johnson & Johnson, General Electric and more.

Stock Market and Economy News: Live Updates

The International Monetary Fund forecasts that the growth rate of the world economy will slow to 4.4 percent in 2022.

The Market Sell-Off Reversed, but Investors Remain Anxious

Stocks recovered after a sharp drop, but they are looking shaky again.

Report suggests NVIDIA is preparing to walk away from its ARM acquisition

NVIDIA has reportedly made little to no progress in gaining regulatory approval for its purchase of ARM and is privately preparing to abandon the dea..

'Sudden and reckless': DeSantis furious after FDA pulls authorization of antibody drugs

The Florida Department of Health announced they will be closing all monoclonal antibody treatment sites until further notice.

J&J expects more than $3 billion in Covid vaccine sales this year in mixed quarterly report

J&J's revenue of $24.8 billion rose 10.8%, mostly driven by $1.82 billion in international sales of its Covid vaccine.

Unilever cuts 1,500 management jobs in global overhaul

Unilever will cut 1,500 jobs globally as it revamps its structure amid growing unease among shareholders over its performance.

James Iannazzo arrested after alleged racist tirade over smoothie after, he says, his son had severe allergic reaction to it

Police report that he said he was upset because his son had a severe allergic reaction to the drink. Merrill Lynch fired him. His lawyer denies he's racist.

Apple's AirTag uncovers a secret German intelligence agency

A researcher has sent one of Apple's AirTags to a mysterious "federal authority" in Germany to locate its true offices — and to help prove that it's really part of an intelligence agency.

Pfizer and BioNTech Initiate Study to Evaluate Omicron-Based COVID-19 Vaccine in Adults 18 to 55 Years of Age

First participants enrolled in clinical trial received Omicron-based vaccine candidate as a two-dose primary series and as a booster dose Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced the initiation of a clinical study to evaluate the…

Verizon ends 2021 with strong wireless service revenue and EPS growth

Company enters 2022 with significant 5G adoption and fixed wireless broadband momentum; Now covering more than 95 million people in the U.S. with 5G Ultra

The Cryptoverse: Teenage bitcoin throws an interest rate tantrum

Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset - but watch out for the teenage tantrums.

Claiming a win where Gilead failed, Sierra touts PhIII success in a JAK inhibitor — and is ready to take it to the FDA

About three and a half years ago, Sierra Oncology took on a formerly failed JAK inhibitor candidate from Gilead, believing it could succeed where the bigger biopharma failed. On Tuesday, the biotech revealed the program passed a Phase III test. Sierra unveile…

GE expects better profit in 2022 after supply-chain woes hurt fourth-quarter revenue

General Electric on Tuesday forecast higher profit and free cash flow this year after reporting stronger-than-expected earnings in the quarter through December.

MicroStrategy Will Continue Bitcoin Buying Unfazed by Market Plummeting: Report

The business intelligence company's strategy is to "buy and hold", CFO Phong Le said.

Woman finds out she won $3 million lottery prize after checking her email spam folder

Laura Spears found out she won a $3 million Mega Millions prize in Michigan after checking her spam folder.

Pfizer and BioNTech launch clinical trial of Covid vaccine targeting omicron

Pfizer CEO Albert Bourla has said the company will have the omicron vaccine ready by March.

These 4 states have fully regained the jobs lost during the pandemic

America's job market hasn't fully recovered yet. But some states are already back to normal.

Long-term investors shouldn't worry too much about stocks being 10% off their highs

What's unusual is not that we've had a 10% correction, what's unusual is how long it's been between corrections.

Nvidia is making preparations to give up on Arm acquisition, says report

US chipmaker Nvidia is reportedly preparing to abandon its $40 billion acquisition of chip designer Arm, according to a report from Bloomberg News. The deal has faced heavy scrutiny from US, UK, and EU regulators.

The Fed is likely to signal a March interest rate hike and that further policy tightening is coming

Even with the market's violent correction, a hawkish Federal Reserve is expected to signal it plans to raise interest rates and consider other tightening.

Valentine's Day Gifts For Men That Aren't Cheesy

From charging cables to coffee table books to surfboards, we've got you covered.

Alabama woman loses thousands through Zelle app scam

An Alabama woman says she had thousands of dollars stolen after a scammer in the guise of a bank employee used the Zelle app to siphon money from her account. (Credit: WHNT)

Investors Lose Appetite for Stocks of Unprofitable Companies

The Russell 2000 index of small companies has fallen 17% since its record close in November. Almost a third of the index is made up of companies with no profit

Hollywood Visual-Effects Studio DNEG Reaches $1.6 Billion SPAC Merger to Go Public

Merger would come as content creators such as Disney and Netflix spend billions to accelerate movie and television production

Investors fear 'crypto winter' is coming as bitcoin falls 50% from record highs

As cryptocurrency investors reel from the sharp sell-off in bitcoin and other digital currencies, some fear the worst is yet to come.

What's roiling stocks as the Fed moves toward rate hikes: Morning Brief

Top news and what to watch in the markets on Tuesday, January 25, 2021.

Spring is in the ... housing market? Home prices are surging early this year. Here's why.

The early reversal is being attributed to historically low levels of inventory and homebuyers trying to lock in mortgage rates before they go up.

Why Critics Fear the Fed's Policy Shift May Prove Late and Abrupt

The Federal Reserve is still buying bonds as prices surge. Some praise the central bank’s continuing policy pivot; others ask if it was fast enough.

World shares mixed ahead of Fed meeting

TOKYO (AP) — European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday.

S&P 500 Rallies After Touching Correction Territory, Erasing Day’s Losses

The S&P 500 slid into correction territory before rallying, and signals on Wall Street show that investors have become markedly more pessimistic.

Throwing up the white flag? Retail investors dumped stocks at Monday's open, JPMorgan analysis finds

According to Peng Cheng, a markets strategist at JPMorgan, retail investors aggressively dumped stocks at the beginning of the day.

New Jersey toddler Ayaansh Kumar bought nearly $2,000 in Walmart furniture, unbeknownst to his parents

Walmart has agreed to give the family a full refund.

Florida shuts down all monoclonal antibody treatment sites after FDA decision to limit use of certain treatments not proven effective against Omicron

Florida is closing its monoclonal antibody treatment sites, health officials announced late Monday, citing the US Food and Drug Administration's decision to limit the use of certain versions of the treatments that were found less effective against the now-dom…

US stocks down significantly hours before opening bell, five blue chippers to report 4th-quarter earnings

U.S. stocks were trading in negative territory early Tuesday hours before markets opened after see-sawing Monday as the Dow fell more than 1,000 points early in the day before recovering and ending the day higher.

Live news: Global chip shortage to ease in second quarter, says Hyundai

White House to enter crypto regulation fray, with eye on financial stability

The Biden administration is preparing to release a government-wide strategy to regulate crypto as early as February

McKinsey: fundamental transformation of global economy needed for net zero

$9tn of annual investment required to avoid most catastrophic climate impacts, consultancy says

Credit Suisse issues fourth-quarter profit warning as legal costs rise

The profit warning comes after a series of high-profile scandals that have rocked the bank in recent years.

South Korea's GDP growth at 11-year high | Business News | Latest World English News

South Korea's economy has expanded at fastest pace in last 11 years last year. However, a slowdown in capital investment, it can cast cloud over outlook for ...

Asian markets fall as global investors worry about Russia-Ukraine tensions and upcoming Fed plans

Asian stocks plunged Tuesday, adding to the intense volatility seen in markets around the world over the past few days.

King Soopers Union Members Ratify 3-Year Contract That Would End Strike

Members of the UFCW Local 7, the union representing King Soopers workers, voted Monday on a contract that would end the strike.

Evergrande asks international creditors for more time and warns that legal action could be 'destructive'

Evergrande is still trying to appease growing anger among its offshore creditors, who have threatened to take legal action over the embattled Chinese developer's plans to restructure the business.

What’s a ‘crypto winter’? Why some investors are scared about a repeat of 2018’s doldrums

The term refers to a sharp collapse in crypto prices, followed by a long period of reduced trading activity.

'Sudden and reckless': DeSantis admonishes decision to remove FDA authorization on antibody drugs

Florida Department of Health also announced all monoclonal antibody state sites will be closed until further notice.

Bank of America says stablecoin adoption and CBDC is ‘inevitable’

The Bank of America says that a CBDC in the U.S. would preserve the USD’s status as the world’s reserve currency.

All flights in and out of Paine Field canceled Monday as 5G bars regional jets

Evergrande Seeks More Time From Offshore Investors on Repayment

Indebted Chinese Developer China Evergrande Group is urging offshore bondholders not to adopt aggressive legal action over missed repayments. It comes as Eve...

Buckle up: U.S. stock futures sink after wild day on Wall Street

After a wild day of trading Monday that saw a 1,000-point swing by the Dow, U.S. stock futures fell Monday night.

Asian shares decline amid omicron, Fed, Ukraine jitters

TOKYO (AP) — Asian shares skidded Tuesday following a volatile day on Wall Street. Inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine are overhanging markets.

Amazon allegedly retaliates against worker at its Bessemer facility

The Retail, Wholesale and Department Store Union has filed two unfair labor practice complaints against Amazon, alleging it reprimanded and surveilled a worker for union-related activity..

King Soopers workers ratify new ‘industry-leading’ contract

Unionized King Soopers workers ratified what they called an “industry-leading contract” with the grocer after months of contentious negotiations and a 10-day strike.

Want a free dozen donuts from Krispy Kreme? Donate blood

Want a free dozen donuts from Krispy Kreme? Donate blood

Ford shuts off orders for new $20,000 Maverick pickup

Ford Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable pickup that it rolled out last fall, saying it has maxed out on what it can build.

A cruise ship had an arrest warrant waiting in Miami. So it took passengers to the Bahamas

A cruise ship heading to Miami changed course to the Bahamas Saturday after a US judge issued an arrest warrant for the ship due to unpaid fuel bills.

Meta unveils Metaverse AI supercomputer, claims it will be world’s fastest

Facebook’s parent company Meta says that its newly-created artificial intelligence “Research SuperCluster” (RSC) supercomputer will help to achieve its mission to build the Metaverse.

Cramer says selling not done for tech stocks trading at high multiples to sales: 'Those have had it'

"Tomorrow you got to do some selling...if you own stocks that are selling at a multiple to sales...those have had it," said Cramer.

Coalition says many restaurants will fail without immediate aid

Restaurants owners and advocates say the omicron variant of the coronavirus could bring another huge wave of permanent closures.

Stocks to buy: Morgan Stanley's China stocks for autonomous driving

China is on the "cusp of an autonomous driving revolution," Morgan Stanley said and the U.S. investment bank has stock ideas for investors to get in on the act.

Marmite maker to cut thousands of jobs worldwide

Unilever, which also makes Dove soap and PG Tips, will cut the roles in more than 100 countries.

Washington attorney general sues Google over location tracking

Jim Cramer breaks down Tom DeMark's latest technical analysis on bitcoin and ether

On Monday's episode of "Mad Money," host Jim Cramer broke down Tom DeMark's latest technical analysis on bitcoin and ether to see where the world's two large...

Jim Cramer says he stayed true to his investment discipline and bought during Monday's weakness

"Mad Money" host Jim Cramer explained why he trusted his investment discipline Monday and bought some stocks during early-session declines. Sign up and learn...

Jim Cramer: Charts suggest history may repeat itself for bitcoin after steep decline

Charts suggest there is a decent chance history repeats itself for bitcoin and the cryptocurrency shakes off its recent steep drawdown to mount another rally...

Medford woman finds Apple AirTag attached to her car like a tracking device

Nicole Parker lives in Medford. Over the past weekend, she received a notification on her phone indicating that an AirTag was being used at her location. It wasn't hers.

Charts suggest the selling in bitcoin and ether may be over soon, says Jim Cramer

"To me, that says it might be too late to sell and you need to consider buying," the "Mad Money" host said. "I know I am."

IBM Earnings Are Strong as Turnaround Takes Hold

The tech giant reported strong fourth-quarter results, including its best quarterly sales growth in more than a decade.

Declining U.S. Petroleum Inventories Push Oil Prices Higher

U.S. commercial petroleum stocks are falling well below seasonal averages, and it could push oil prices higher

S&P 500 eyes first correction since 2020 pandemic collapse

The S&P 500's early tumble on Monday put the world's most-followed stock index within reach of confirming its first correction since the 2020 collapse in global markets brought on by the coronavirus pandemic.

Peloton stock jumps as Blackwells pushes for CEO ouster, sale

Peloton Interactive Inc's <a href="https://www.reuters.com/companies/PTON.O" target="_blank">(PTON.O)</a> stock surged on Monday after investment firm Blackwells Capital urged the exercise equipment maker's board to fire its chief executive and put the compan…

Jim Cramer says buying Monday's dip was the right call even if stocks retest their lows

When investors feel like "nothing works" for the market, "you have to buy stocks, not sell them, because it's almost never as bad as it seems," Jim Cramer said.

First Mover Asia: Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting

Bitcoin's spike coincided with gains in U.S. equity markets, but the correlation between the two remains unclear.

IBM Posts Best Sales Growth in 10 Years on Cloud Demand

Tucker Carlson ‘less sexy’ M&M's outrage stumps 'The View'

The Fox News star fumed that no one will want to have drinks with the cartoon characters now used to promote the candy brand

Boeing invests $450 million in air taxi startup

The plane maker is committing another $450 million to the Silicon Valley startup that is developing its technology jointly with Kittyhawk, the self-flying aviation company backed by Google co-found…

Stocks climb back after steep slide on Fed, Ukraine jitters

NEW YORK (AP) — Stocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine .

Stay defensive, the S&P could fall another 10%: Morgan Stanley's Mike Wilson

Morgan Stanley's Mike Wilson says he's doubling down on the defensive trade. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Kar...

Mark Cuban launches online pharmacy in bid to help consumers find cheaper medications | TheHill

Billionaire Mark Cuban launched an online pharmacy on Monday in what the company said was a...

AT&T announces multi-gigabit fiber: $110 a month for 2Gbps, $180 for 5Gbps

2Gbps and 5Gbps available to 5.2 million homes and businesses in 70+ metro areas.

AT&T launches new multi-gig fiber internet, commits to ‘simple, straightforward pricing’

AT&T has announced a handful of changes and improvements for its fiber optic internet plans. The company is rolling out new 2Gbps and 5Gbps speed tiers to customers in more than 70 cities across the United States, while also committing to what it is referring…

Cruise ship news: Crystal Cruises boat takes passengers to Bimini, Bahamas to avoid arrest warrant in Miami, Florida - KABC

Crystal Cruises took passengers to Bimini, Bahamas to avoid an arrest warrant in Miami, Florida. The cruise ship is still docked at a Bahama port.

Markets: Michael Purves on Stock Selloff

Stocks slumped amid wild swings and a flood of trading activity, with investors seeking safety in Treasuries as the specter of a Federal Reserve policy mista...

Stock Market Today: Dow, S&P Live Updates for Jan. 25, 2022

Another Biglaw Firm Is Showing Associates The Milbank Money

Money makes the Biglaw world go 'round.

IBM Earnings Topple Estimates As Stock Jumps

James Iannazzo: Fairfield, Connecticut smoothie shop racist tirade on TikTok costs dad Merrill Lynch job - KABC

The workers at a Connecticut smoothie shop are speaking out after a man went on a viral and racist tirade.

IBM Earnings Are Strong as Turnaround Takes Hold

The tech giant reported strong fourth-quarter results, including its best quarterly sales growth in more than a decade.

Three U.S. states, D.C. sue Google over location-tracking

Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc's Google <a href="https://www.reuters.com/companies/GOOGL.O" target="_blank">(GOOGL.O)</a> on Monday over what they called deceptive location-tracking practices that invade users’…

US stock markets see another wild day amid concerns over Fed and Ukraine

Dow and Nasdaq recoup losses after early plunges while European and UK markets suffer big losses

Meme Stock Rout Slams GameStop, AMC With 60% Drop

Meme Stock Rout Slams GameStop, AMC With 60% Drop

Tesla Stock Is Getting Hammered. Here's Where Shares Might Find Support.

The electric-vehicle pioneer reports earnings on Wednesday—and a beat could stop the selloff. And all eyes should be on the 200-day moving average.

Dow Turns Positive Amid Late Stock Market Reversal

The Dow Jones Industrial Average closed with more than 1,000 point improvement. Earlier the Dow was down more than 1,000 points. CNBC’s Rahel Solomon explain...

2022 Ford Bronco Raptor brings monster energy, off-road chops - Roadshow

Ford's popular 4x4 has ditched its nostalgic looks in favor of high-speed off-road workout gear.

U.S. oil CEOs offer opposing views on crude output growth

The chiefs of major U.S. oil companies Occidental Petroleum Corp and ConocoPhillips <a href="https://www.reuters.com/companies/COP.N" target="_blank">(COP.N)</a> offered differing outlooks on the growth of U.S. oil output at a conference on Monday, as the ind…

Reddit’s WallStreetBets Was the GameStop Kingmaker, but Longtime Users Say the Thrill Is Gone

The group was once the engine that powered rookie traders, but now veteran members say only tired-out ideas remain

Nasdaq Days Like This Once Were Common. During the Dot-Com Crash

Halliburton lifts dividend for first time in over seven years

The oil squeeze is proving a boon for the world’s top provider of fracking services.

The S&P 500, Nasdaq just staged a turnaround for the ages, marking their largest comebacks since the 2008 financial crisis

It's a Wall Street comeback for the history books, one that would make Tampa Bay Buccaneers signal caller Tom Brady green with envy.

AT&T's New Fiber Plans Promise Some of the Fastest Home Internet Speeds Ever

Multi-gigabit speeds are coming to dozens of cities starting at $110.

As Stocks Zigzag, High-Yield Bonds Show No Panic. That Reflects a Healthy Market.

The declines in stocks and jump in volatility are all signs of a healthy market reaction to the threat of Fed tightening, strategists say, as reflected by high-yield bonds' relatively muted response.

Stocks Zigzag, High-Yield Bonds Show No Panic. That Reflects a Healthy Market.

The declines in stocks and jump in volatility are all signs of a healthy market reaction to the threat of Fed tightening, strategists say, as reflected by high-yield bonds' relatively muted response.

GameStop, Meme Stocks Hit by Market Turmoil

AMC Entertainment, GameStop both drop more than 5% amid volatile day in broad market

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform

Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .

Risk assets that were hit hardest turned positive first: Ally's Invest Lindsey Bell

Lindsey Bell, Ally’s chief markets & money strategist, joins 'Closing Bell' to discuss the state of the markets. For access to live and exclusive video from ...

Nasdaq Will Fall Into Bear Market, Wharton's Siegel Says

Michigan Woman, 55, Finds $3M Lottery Prize in Her Spam Folder: 'Still So Shocking'

Laura Spears plans to retire early after getting lucky in the Mega Millions lottery

Tesla Hits New Lows, Slashes Losses Ahead Of Earnings

Netflix Stock Drops Again on Weak Subscriber Growth Outlook

Stock in Netflix has fallen in value again after the video streaming giant missed on Wall Street forecasts for subscriber growth with its latest earnings report. On Monday, shares in Netflix fell by $10.35, or 2.6 percent, to $387.15, as it added to steep sto…

Small-Fry Traders Went on Selling Binge Before Stock Rebound

Wondering what the force was that turned an orderly decline into a full-blown rout this morning? Mom and pop bailing.

Small-Fry Traders Went on Selling Binge Before Stock Rebound

Small-Fry Traders Went on Selling Binge Before Stock Rebound

Meta Platforms details new earnings reporting structure ahead of next week

Meta Platforms (FB) is providing a more detailed look at its reorganized financial reporting structure ahead of an earnings report coming next week

Use Venmo, American Express or Credit Karma? You might be owed some money

Plaid, a service used by many financial and banking apps, owes $58 million to affected consumers after settling a class action lawsuit.

Leaked Slides Show Peloton Planning Production Pause

Peloton's CEO wrote on January 20 "rumors" of a production pause were "false." Documents from ten days before show the company planning just that.

Miami-bound luxury cruise diverts to Bahamas to avoid arrest by feds: report

A luxury cruise ship carrying hundreds of passengers and bound for Miami diverted to the Bahamas on Saturday in order to avoid arrest tied to unpaid fuel bills totaling more than $1.2 million, acco…

Value manager Bill Nygren says Netflix is a smart buy despite slowdown

Oakmark Fund manager Bill Nygren said Netflix is "very, very cheap."

Robinhood, Venmo users may receive portion of $58M settlement

(WEAR) -- If you connected your bank account to a financial app, such as Venmo or Robinhood, you could be due a cash payment. A class action lawsuit says third-party software used by thousands of apps collected more personal data than it needed. The company, …

Short sellers are up $114 billion this year with winning bets against Tesla and Netflix

The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday's close, according to data from S3 Partners.

AirTag foils plot to sell and recover stolen truck in Texas

AirTags are often linked to alleged stalking attempts involving cars. In Texas, however, Apple’s item tracker was responsible for unveiling a double car theft in progress. A Texas motorist was heading to work recently when he received an iPhone alert saying a…

Macy's, Nordstrom shares move higher after report of Kohl's takeover offer

Department store shares moved higher Monday after a Wall Street Journal report that Kohl's Corp. undefined has received a $9 billion takeover bid from...

FDA expected to sharply restrict use of two monoclonal antibodies, spurring a halt in federal shipments of the covid-19 treatments

The therapies by Regeneron and Eli Lilly are not effective against the omicron variant, officials said.

Federal Reserve expected to raise interest rates in fight against inflation

With inflation punishing consumers and threatening the economy, the Federal Reserve will likely signal its intent this week to begin raising interest rates in March for the first time in three years.

Four Attorneys General Sue Google Over Privacy Claims

Three states and the District of Columbia allege that the tech giant misled consumers by continuing to track those who had changed their privacy settings to prevent data collection.

FDA expected to restrict use of two COVID-19 monoclonal antibody treatments | TheHill

The Food and Drug Administration is expected to significantly res...

Peloton should fire CEO, explore sale over 'mismanagement': activist investor

An activist investor firm demanded that Peloton fire its CEO John Foley and explore a sale of the company following his “repeated failures to effectively lead.”

Will Microsoft's Q2 Earnings support analysts upbeat view?

Microsoft (NASDAQ:MSFT) is scheduled to announce Q2 earnings results on Tuesday, January 25th, after market close.The consensus EPS Estimate is $2.32 and the consensus Revenue Estimate...

A cruise ship had an arrest warrant waiting in Miami. So it took passengers to the Bahamas

A cruise ship heading to Miami changed course to the Bahamas Saturday after a US judge issued an arrest warrant for the ship due to unpaid fuel bills.

Tesla Cybertruck walkaround video shows the absurdly huge windshield wiper in detail

A new video shows the Tesla Cybertruck from most angles, and we get to see the LED lights, wheels, and the giant windshield wiper that was revealed in an earlier leak video.

Tesla Cybertruck Looks Close To Production Ready In New Videos

New photos and videos capture what looks like a production-ready Tesla Cybertruck at its Giga Auston factory, with side mirrors and no visible door handles.

Cathie Wood's advice to her investors after 58% sell-off in ARKK

"I certainly would be using this downdraft to increase that allocation [to ARK], because... our conviction has increased dramatically," Wood said.

Meta says its new AI supercomputer will be the world's fastest by mid-2022

It's using the AI Research SuperCluster to develop new experiences for the metaverse..

Biscuit World union effort rooted in West Virginia history

ELKVIEW, W.Va. (AP) — While making biscuits and meatloaf at a fast-food restaurant during the coronavirus pandemic, 64-year-old Cynthia Nicholson often thinks back to her husband’s coal mining days in West Virginia.

Top Firm Gets On Board With $215K Associate Compensation Scale

Raises for everyone!

Lithium, the 'white gold' is just getting started after 300% rally in 2021 - Bank of America

Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices

Tesla strikes back at JPMorgan in legal fight tied to Musk’s take-private tweet

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Renault, Mitsubishi, Nissan form an alliance to make affordable EVs

Renault, Nissan, and Mitsubishi are expected to announce this week that they will jointly develop electric vehicles, according to Reuters.

Parents scramble as some types of baby formula now harder to find in parts of U.S.

Many parents around the country are reporting the same thing: bare shelves or very low stocks of baby formula — from New York to Washington state.

Options market dip-buyers go missing as stock sell-off worsens

Traders in the options market showed little appetite to bet on an end to the continuing stock market sell-off on Monday, as Wall Street's most followed gauge of equity market fear soared to its highest level in more than a year.

The stock market slide is unlikely to budge the Fed from tightening

Both Goldman Sachs and Bank of America have said in recent days that they see the Fed continuing to tighten to address inflation pressures.

Markets Selloff: Stocks Getting Crushed, Dow Jones Off 2%

Joachim Klement, Liberum equity analyst, says "dinosaur" stocks are outperforming in Europe. He talks about the market selloff on "Bloomberg Markets: Europea...

Omicron Slows the Global Economy, Hitting the U.S. Particularly Hard

The U.S. saw a pullback in services and manufacturing growth, while services sectors in Europe, Asia also slowed

Chanos says his firm long the indices and short a lot of the craziness

Jim Chanos, Kynikos Associates President, joins the 'Halftime Report' to discuss his views on the market sell-off and how he is positioning his trades. For a...

The stock rout isn't over: Dow tumbles

Wall Street was deep in the red again Monday as investors feared the Federal Reserve's plans to hike interest rates will eat into corporate profits. The tensions in Ukraine, earnings season and — of course — inflation weren't helping, either.

Cruel 'Bare Shelves Biden' Policies Create Baby Formula Shortage

Parents and grandparents are struggling to find baby formula on the empty store shelves that have come to be a symbol of the Biden administration.

One year after the 737 Max's return, Boeing is still trying to get back on course

Boeing's 737 Max was grounded for 20 months, the longest in aviation history, following two deadly crashes blamed in part on an automated engine control system.

UPDATE Country Cupboard closing by end of February

LEWISBURG — Country Cupboard Restaurant and Shops, a staple in Union County for nearly 50 years, will close its doors by the end of February.

Kohl's soars after takeover offer, but skeptical analysts question the retailer's real estate value

Kohl’s stock skyrocketed 33% in Monday trading, and lifted department store stocks with it

Top 5 Biglaw Firm Makes It Rain On Associates With $215K Milbank Salary Match

Money, money, money! Biglaw associates will see lots of it this winter.

Four of the top 100 restaurants of 2022 are in Massachusetts, according to Yelp

The top-ranked restaurant is an "insanely popular" Middle Eastern restaurant in Somerville. Read more on Boston.com.

S&P 500 (SPX) Having Worst Start to Year Ever

Shares of Rivian and other EV start-ups tank amid stock sell-off

Shares of Rivian and other EV start-ups tumbled Monday to 52-week or record lows, as many investors seek safer investments amid a broader market sell-off.

You Should Join This Class Action Lawsuit Against Venmo

If you use Venmo, Robinhood, Acorn, and other fintech apps, you might be owed cash.

Microsoft stock dives to lead the Dow's decliners, as it closes in on bear-market territory

Shares of Microsoft Corp. undefined dove 5.8% in midday trading Monday, to put them on track for a six-month low, and enough to pace the 29-of-30 Dow Jones...

Meta is building an AI supercomputer

Facebook has long bet that artificial intelligence can help it with the difficult task of moderating posts from its billions of users. Now its parent company is taking a step that could move it closer to that elusive goal: building its first supercomputer.