In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
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A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3%
The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structures more resilient, but funding that will be a feat. The problem is particularly acute at the nation’s Smithsonian museums. At the
In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as
In this article TMO Millions of people are now vaccinated, boosted and newly recovered from Covid-19 infections caused by the omicron variant. They have what some outside the medical community have labeled “super immunity.” And many are ready to see the world again. Though the term carries an air of invincibility, medical experts disagree about
Westend61 | Westend61 | Getty Images Long-term care expenses are growing, with sizable hikes for home-based services as the industry struggles to meet soaring demand from aging Americans. That’s according to Genworth’s 2021 Cost of Care Survey, a yearly report covering nationwide senior caregiving. While the median yearly costs rose across all provider types, home-based
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — Chinese President Xi Jinping told top leaders to speed up work on new laws for
A man walks to his friend’s home in a neighbourhood without electricity as snow covers the BlackHawk neighborhood in Pflugerville, Texas, U.S. February 15, 2021. Bronte Wittpenn | Austin American | Rueters In 2021, there were 20 climate disasters that each resulted in losses of at least $1 billion in the U.S., according to NOAA.
A COVID-19 testing location is shown set up on the sidewalk in downtown Los Angeles, California, November, 16, 2021. Mike Blake | Reuters California on Thursday laid out a plan that manage Covid as a permanent aspect of life, anticipating future surges and new variants that may require public health measures such as facemasks depending
A Doordash delivery person rides their bike on Church Avenue in the Flatbush neighborhood of Brooklyn on December 04, 2020 in New York City. Food delivery startup DoorDash Inc is expected to raise its U.S. initial public offering up to $3.14 billion. Michael M. Santiago | Getty Images Shares of DoorDash soared as much as
In this article KER-FR Shoppers wait in line to enter a Gucci store on Fifth Avenue in New York, U.S., on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images LONDON — The chief executive of French luxury group Kering expects fashion label Gucci to continue to deliver growth for the company
Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition Corp. The two companies first revealed their plans to merge in July, in a deal that at the time valued Circle at just $4.5 billion. They have now updated the terms of
Getty Images Just months after a federal $15 minimum wage failed to take shape, Californians may get the chance to vote on even higher minimum hourly pay. A measure to raise the state’s minimum wage to $18 began to collect signatures in February. If the campaign, called the Living Wage Act of 2022, gets 700,000
Traders on the floor of the NYSE, Feb. 17, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors dumped risk assets amid geopolitical concerns. Futures on the blue-chip Dow were up by 30 point. S&P 500 futures and Nasdaq 100 futures
Rohit Chopra, director of the Consumer Financial Protection Bureau. David Ryder/Bloomberg via Getty Images The Biden administration is trying to empower consumers to help rewrite the rules governing how banks, lenders and other financial institutions can treat customers. The Consumer Financial Protection Bureau — a federal agency created in the wake of the 2008 financial
A stack of COVID-19 Vaccination Record Cards from the CDC. Ben Hasty | MediaNews Group | Getty Images A U.S. Marine Corps Reservist from New York who previously was arrested on charges related to participating in the Jan. 6 Capitol riot has been charged in a new case of conspiring to sell fake Covid-19 vaccination
In this article PLTR Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Shares of Palantir fell more than 13% on Thursday morning after the company reported mixed earnings results for the fourth quarter. Here are the key numbers: Earnings per share
Escalating vaccine mandate protests near the Canada-U.S. border — known as the “Freedom Convoy” — have sent Canada into a state of emergency. They’re also affecting the price of a variety of goods for Americans. What started in January as a protest against new vaccine requirements for truckers crossing the border into Canada from the
A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters WASHINGTON – Jeff Bezos’ space company Blue
Prasit photo | Moment | Getty Images The U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain segments of the investor population are positioned to see the biggest boost, according to a new report from McKinsey & Company. Three investor sub-groups, in particular, are showing