In this article SGRE-ES An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Bloomberg | Getty Images A large-scale offshore wind farm in waters off the coast of Taiwan has produced its first power,
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CNBC’s Jim Cramer on Thursday gave investors a list of eight software stocks to keep on their shopping lists for the future. “I’m adamant that it’s still way early to buy some of these stocks. … But eventually, even these heinous stocks, formerly high-flying tech stocks, will get so cheap that they’re going to find
Registered Nurse Orlyn Grace (R) administers a COVID-19 booster vaccination to Diane Cowdrey (L) at a COVID-19 vaccination clinic on April 06, 2022 in San Rafael, California. Justin Sullivan | Getty Images The CDC’s panel of independent vaccine experts signaled an unwillingness to endorse fourth Covid shots for the broader U.S. population until the agency
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The
In this article UAL Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time since before the pandemic as bookings and airfares jump. United’s shares rose more than 4% in after-hours trading Wednesday
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine. The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian
Loading chart… Vale SA: “Vale’s a buy. … In this new world, they’re a winner.” Loading chart… CNA Financial Corp: “I’d rather go with the real, actual owner of CNA … which is Loews.” Loading chart… Gladstone Land Corp: “It’s going up too much, and you know what, it went up again.” Loading chart… Veru
In this article NFLX Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this
Here are the most important news, trends and analysis that investors need to start their trading day: Futures steady with earnings, rising bond yields in focus J&J lowers 2022 outlook, halts Covid vaccine sales guidance Apollo is willing to finance a Twitter buyout, sources say TSA won’t enforce mask mandate on planes, public transit Russia
A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Department of Defense The United States government has committed to ending the practice of anti-satellite missile tests, Vice President Kamala Harris announced on Monday, urging other nations
Nelson Peltz, left, and Joe Manchin CNBC; Reuters Wall Street veteran Nelson Peltz hosted a $5,000 a plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last month, where several top executives said they privately hoped the conservative Democrat would switch parties and run against President Joe Biden in the 2024 elections,
Marshawn Lynch and entertainer Macklemore now co-owners of Seattle Kraken Courtesy: Seattle Kraken The NHL’s Seattle Kraken has added former NFL star Marshawn Lynch and rapper Macklemore as minority investors. The terms of the investments were not made public. Sports bankers estimate that minority equity stake deals similar to this are generally for 1% of
In this article AAL An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines‘ new CEO Robert Isom is aiming for one thing this summer: reliability. The airline grew faster than its large competitors last year and occasionally passengers faced widespread disruptions,
CNBC’s Jim Cramer on Thursday said that while headwinds facing the used car market make it un-investable, its declining performance is also an indicator that inflation might be cooling. “When everybody was freaking out about the 8.5% consumer price index number – that is a hot number – you might’ve noticed that used car and
CNBC’s Jim Cramer on Thursday offered a list of five industrial stocks investors should consider adding to their portfolios. “After years where the market chased growth at all costs, we’re now in a post-momentum, pivot environment where Wall Street wants solid companies with easily justifiable valuations,” the “Mad Money” host said. Cramer named five industrial
Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes in the prices of already precious raw materials. Some factories in Ukraine have tried to keep going amid the invasion. Workers have reportedly had
Damian Lillard #0 of the Portland Trail Blazers speaks to fans during fan appreciation night before the game against the Utah Jazz at Moda Center on April 10, 2022 in Portland, Oregon. Abbie Parr | Getty Images Portland Trail Blazers star Damian Lillard said he wants to stay with the franchise that drafted him in
In this article SBUX LOCO DRI WING DPZ DENN Restaurant CEOs are the latest wave of workers to join the Great Resignation. In the last six months, six chief executives of publicly traded restaurant companies have announced plans to step down, either to retire or to move on to a new corporate challenge. Their announcements
Dado Ruvic | Reuters Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization. The two subvariants of the highly contagious Covid-19 strain have been detected in Botswana, South Africa, Germany and Denmark, among other countries, WHO’s technical lead on Covid-19
Loading chart… Innovative Industrial Properties Inc: “I think it’s been a terrific long-term stock and will remain a great long-term stock.” Loading chart… 1-800-Flowers.com Inc: “I think that it’s … a very well-run company.” Loading chart… Green Brick Partners Inc: “It’s housing. … People don’t want anything related to housing.” Loading chart… Clearfield Inc: “I’d
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