Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images An investment fund backed by Russian oligarchs that have been sanctioned by the European Union following the invasion of Ukraine has ties to Teneo, an influential corporate advisory firm
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HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up 18% over the past 12 months. “We continue to believe the value of our shares is undervalued, and, therefore, that
Loading chart… Oceaneering International Inc.: “It’s right here. There are a lot of times when I look at these stocks and I think, ‘Well, they have contracts, the contracts could go bad.’ I think these guys are very good.” Loading chart… Tellurian Inc: “Here’s what matters with Tellurian: their balance sheet. It’s not great. They
Derek Jeter, along with Bruce Sherman, hold their first press conference as Miami Marlins owners on Tuesday, Oct. 3, 2017. Miami Herald | Tribune News Service | Getty Images Derek Jeter is stepping down as chief executive of the Miami Marlins and selling his stake in the Major League Baseball franchise, the Hall of Famer
Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in January, as a wave of omicron-related infections engulfed the continent. But parts of Europe didn’t wait to act. Citing high vaccination rates and the
In this article @CL.1 @LCO.1 An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices jumped Sunday evening after the U.S. and Western allies imposed sanctions on specific Russian banks,
Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine. But Abramovich will remain Chelsea owner and the Russian billionaire, who has invested over
Bomani Jones onstage during “Colin In Black And White”, Netflix, And Dreamville Present Path To Power Summit at Clark Atlanta University on November 04, 2021 in Atlanta, Georgia. Paras Griffin | Getty Images Bomani Jones doesn’t want to be your economics teacher. Instead, the well-known sports personality wants to make compelling arguments around the intersection
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian Community, Spain. Carme Ripolles | Europa Press | Getty Images Russia’s invasion of Ukraine this week is ripping through the air travel industry,
In this article DIS NFLX AMZN From the glamor of celebrities strolling down the red carpet to the memorable speeches to the surprising wins, award shows have attracted massive attention throughout the decades. That storyline proved true for the Oscars and Emmys through much of the late 1980s and 1990s. But that entertainment award-show zeitgeist
In this article AIR-FR As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in Ukraine. The CEO of Airbus, which is based in Toulouse, France, believes an expected surge
Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey, moving forward the Biden administration’s goal to transition from fossil fuels to renewable energy sources. The auction by the
In this article DIS Guests dine in the Crown of Corellia Dining Room during a performance by galactic superstar Gaya. Disney Immersion takes on new meaning aboard Disney’s newest theme park attraction, the Star Wars Galactic Starcruiser. From the moment passengers board the shuttles to the Chandrila Star Lines’ starcruiser known as the Halcyon, the
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and physical security. This industry has been obviously working with our government partners for a long
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Images Shares of
In this article NDX1-DE SGRE-ES New wind turbines being built at a wind farm in Germany on October 12, 2021. Sean Gallup | Getty Images News | Getty Images Europe installed 17.4 gigawatts of wind power capacity in 2021, according to figures from industry body WindEurope, a record amount and an 18% increase compared to
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
In this article EL Estee Lauder’s John Demsey attends the 2016 amfAR New York Gala at Cipriani Wall Street on February 10, 2016 in New York City. Dimitrios Kambouris | Wireimage | Getty Images New York-based cosmetics company Estee Lauder suspended John Demsey, an executive group president, due to a recent Instagram post that included
In this article KHC Hot dogs could be the next grocery store item to get a plant-based makeover. Kraft Heinz announced Tuesday that it is forming a joint venture with The Not Company, a Chilean startup valued at $1.5 billion that creates plant-based substitutes for eggs, milk and meat. Shares of Kraft Heinz closed up
In this article TSLA Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Tesla CEO Elon Musk, in an email exchange with CNBC on Tuesday, accused President Joe Biden of ignoring his electric vehicle company in favor of paying more attention to legacy auto makers. But he