In this article DAL Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Delta Air Lines‘ CEO Ed Bastian asked the U.S. Department of Justice to put convicted
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In this article MGM STZ DGE-GB An employee pours tequila into the popular Mountain Dew Baja Blast frozen drink at the new Taco Bell Cantina in Brookline, MA. John Tlumacki | Boston Globe | Getty Images Tequila could soon overtake vodka as America’s favorite liquor, fueled by consumers’ desire for pricey bottles of agave-based spirits.
Loading chart… Rivian: “No, I don’t think [it’s going to be the next Tesla]. I think that it’s going to be a very unsexy truck maker. I have to tell you, Ford has to sell its stock [in Rivian]. Why don’t we buy GM? I mean, [GM CEO] Mary Barra is doing a good job.
Columbia Sportswear‘s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. Shares of the outdoor-focused apparel maker jumped 5% Friday, after the company a day earlier reported a 64% year-over-year jump in net income in Q4 and issued robust full-year guidance. “In
A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been on hold as the Food and Drug Administration reviews the risk of a rare but serious form of heart inflammation that’s affected mostly young men
Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as much more than just the next frontier for social media. “The metaverse is going to develop as a number of different opportunities,” Amon said in an interview on “Mad Money,” appearing one day after the company’s posted
Rattler Midstream: “That group is red hot. The mastere limited partners. This thing yields 8%. I think it’s money good. I think it’s great. … Buy.” Nextdoor: “It’s a great advertising vehicle, but it was a SPAC. It was a SPAC and therefore, it’s no good. I mean, honest to God. If it’s a SPAC,
In this article DGE-GB ABI-BE Anna Elias | Moment | Getty Images Premixed cocktails were the fastest-growing spirits category in 2021, stealing share from beer and hard seltzer. Sales of premixed cocktails surged 42.3% to $1.6 billion compared with a year earlier, according to the Distilled Spirits Council of the U.S. Ready-to-drink cocktails were second
Boxed: “We are being very harsh on companies that came public via SPAC, even ones we like, so I’m just going to have to say I’m withholding.” Graphic Packaging: “I happen to like the packaging business. It’s where I’m from, and they make noncyclical packaging, which is really pretty good.” Sign up now for the CNBC
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that we just gave for 2022 is pretty darned robust,” Fish said in an interview on “Mad Money,” referring to projected organic revenue growth of 6% and adjusted operating EBITDA
In this article SBUX Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the international travel terminals are closed, so clearly that’s weighing on comps,” Johnson said on CNBC’s “Squawk on the Street.” “Stores that are
Global survival expert and adventurer, Bear Grylls, has told CNBC that role models including his own father taught him that there was more to life than just top grades. “I feel in many areas, I stand on the shoulders of giants like that in my career and some of the early teachers and later teachers
Golar: “Golar is the play. Now, you have to understand, these are trades, sir. They go up and then they crater. There’s been some ones that have been involved in the shipping industry, periodically, they have incredible runs and then they’re done. You own this for a trade, not for an investment.” Corning Incorporated: “They
Employees of a funeral home and staff from Bucharest University Hospital morgue, all wearing personal protective equipment, prepare a COVID-19 victim for transport to a cemetery, in Bucharest, Romania, October 29, 2021. Inquam Photos | Reuters The ChristianaCare health system in Wilmington, Delaware, implemented “crisis standards of care” for the first time in its 130-year
Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from Mark Zuckerberg’s beleaguered cryptocurrency project. The California-based financial firm, which through its subsidiary Silvergate Bank operates the crypto-focused payments platform Silvergate Exchange
CNBC’s Jim Cramer on Monday broke down technical analysis from Carley Garner, explaining why the DeCarley Trading co-founder holds a positive outlook for a range of asset classes despite the Federal Reserve’s policy tightening. “The charts and the history, as interpreted by Carley Garner, suggest that 2022 could be a strong year for most commodities,
Workers are quitting their jobs in record numbers – part of what is now called The Great Resignation. Around 4 million workers have quit each month between July and November 2021. Erica Leman had maintained a side hustle as a wedding photographer for 12 years. Like millions of other Americans, Leman, who was working in
In this article MGM A Ladbrokes betting shop, operated by Entain Plc, in London, U.K., on Wednesday, Sept. 22, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images In a crowded gambling landscape, technology increasingly gives operators an edge. Global sports betting and gaming company Entain said Monday it is launching Ennovate, an innovation lab
Vax, Scanland, Percival, Vex, Grog, Pyke and Keyleth in “The Legend of Vox Machina,” a new animated series based on “Critical Role.” Amazon Studios Within the first minute of Critical Role’s new animated series “The Legend of Vox Machina” a boulder smashes an adventurer to a bloody pulp, a spellcaster is sliced into several pieces,
In this photo illustration a TikTok logo seen displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images When TikTok creator Boman Martinez-Reid first got an email from Creative Artists Agency he ignored it. As an Ontario native, he saw the acronym CAA and assumed it was