The 106m-long and 18m-high super luxury motor yacht Amadea, one of the largest yacht in the world is seen after anchored at pier in Pasatarlasi for bunkering with 9 fuel trucks, on February 18, 2020 in Bodrum district of Mugla province in Turkey. Anadolu Agency | Getty Images Fijian authorities seized a $300 million superyacht
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In this article BLK SPY TSLA Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a
Prasit photo | Moment | Getty Images U.S. stocks have a case of whiplash. Stocks slumped Thursday in one of the worst sessions seen so far this year. During intraday trading, the Dow Jones Industrial Average fell more than 1,000 points or 3%, while the S&P 500 lost 4% and the tech-heavy Nasdaq Composite slipped
Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-worker Joey Medeiros, said the business has had to raise prices due to inflation. Mary Katherine Russell Small business owners have had a few rough years. First, the Covid-19 pandemic caused many to lose revenue. Now, they’re dealing with higher costs as inflation rises.
Alongside their natural beauty, coral reefs have an important role to play in the natural world. According to the National Oceanic and Atmospheric Administration, around one quarter of the ocean’s fish rely on healthy coral reefs. Reinhard Dirscherl | Ullstein Bild | Getty Images Danish energy firm Orsted is to trial growing corals on the
An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shares of Shopify plunged more about 15% Thursday after the company reported first-quarter results that missed analysts’ estimates, and said it will acquire logistics start-up Deliverr for $2.1 billion in cash and stock. Shopify posted adjusted earnings of 20 cents per
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Stock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were near flat.
In this article FWONA Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the end of 2022. It was extended in 2019 to the tune
People walk through the North American Bitcoin Conference held at the James L Knight Center on January 18, 2022 in Miami, Florida. Joe Raedle | Getty Images The Luna Foundation Guard has acquired $1.5 billion in bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra. Stablecoins are cryptocurrencies that aim
A customer purchases lemons at a supermarket on April 12, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Federal Reserve Chair Jerome Powell may have said it best when he addressed the public at a Wednesday press event following the Federal Open Market Committee’s half-point rate hike. “Inflation
Roger Ferguson Michael Nagle | Bloomberg | Getty Images Anyone who read a Fed chair coining the term “soft-ish” for an economic landing, as Jerome Powell did on Wednesday, as a bullish signal, has a transitory understanding of how much significance to give to any single day’s trading action. Stocks tanked on Thursday after the
Peter Thiel has properties all over the world but a proposed luxury lodge in New Zealand may not come to fruition. Marco Bello | Getty Images The future of Peter Thiel’s luxury lodge on New Zealand’s South Island hangs in the balance after a senior planner for the local council said the tech billionaire’s development
In this article LCID CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has more than 30,000 reservations for its Air sedan — but any customers making reservations after June 1 will have
In this article NKLA Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it shipped its first semitrucks to customers in April, and that it now has purchase orders and letters of intent for over 500 of its battery-electric Tre trucks. The company is also working with clients including Anheuser-Busch Inbev
In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported
Kevin O’Leary may be an investor, TV star and entrepreneur, but the 67-year-old doesn’t consider himself a workaholic. Indeed, the O’Shares ETFs chairman tells CNBC Make It that when he’s reviewing a pile of resumes, the last thing he wants to see is someone who spends all their time focused on work. “When I see
People work at the Rivian Automotive electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters The economy is expected to have added another 400,000 jobs in April, reflecting a very tight labor market, but economists say the number of new hires could start to slow from here. A slowdown might be
Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images Sen. Bernie Sanders, I-Vt., took to the Senate floor Wednesday to decry the
Stacey Abrams, Democratic gubernatorial candidate for Georgia, speaks during a ‘One Georgia Tour’ campaign event in Atlanta, Georgia, U.S., on Monday, March 14, 2022. Elijah Nouvelage | Bloomberg | Getty Images Companies are under intense pressure to speak out on a variety of political issues at local, state and national levels. Whether it is police
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