Russia was Pepsi’s second-largest international market. What happens next now that it’s pulled out?

In this article PEP Following Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers.   As of April 22, more than 700 U.S. companies have scaled back, suspended or exited their Russian businesses, including Starbucks, McDonald’s and Pepsi, according to the Yale School of Management. Russia is Pepsi’s second-largest international market, after…

U.S. labor board sues Starbucks over union retaliation claims

In this article SBUX Members react during Starbucks union vote in Buffalo, New York, U.S., December 9, 2021. Lindsay DeDario | Reuters U.S. labor officials are petitioning a federal court to force Starbucks to bring back activist employees who they say were removed for their union campaigning, according to a Friday filing. The National Labor…

Cramer’s lightning round: I’m sticking with Bausch Health

Loading chart… Tredegar Corp: “I remember when they became public. I was involved in the deal. I thought it was terrific then, I think it’s terrific now.” Loading chart… Bausch Health Companies Inc: “Joe Papa’s going to split into three companies, and I happen to like all three companies. I think it’s going to work….

Jim Cramer: Buy Excelerate Energy now for a bargain

CNBC’s Jim Cramer on Friday advised investors to buy stock of Excelerate Energy while it’s a steal. “The stock’s a bit cheaper than Cheniere Energy, which is the king of LNG exports here in the U.S., at least when you judge them based on last year’s earnings before interest, taxes, depreciation and amortization. … Valuation…

It’s the French election this weekend — here’s what Wall Street expects to happen

As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent Emmanuel Macron…

Taiwan’s ‘biggest offshore wind farm’ generates its first power

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,…

Cramer’s lightning round: Don’t sell Marvell Technology

Loading chart… OptimizeRx Corp: “There’s not enough there at that company. … Can’t go there.” Loading chart… American Airlines Group Inc: “Good quarter. … I thought United‘s quarter was even better. I like these guys.” Loading chart… ZIM Integrated Shipping Services Ltd: “These stocks are one-way stocks. … When they go down, look out. And…

A 28-year-old who made $100,000 in passive income ‘in just one day’ shares 5 books that helped her get started

When people think of what it takes to start a business, words like “struggle” and “stressful” come to mind. But it was rewriting this narrative that allowed me to achieve success as an entrepreneur. I was always a shy and anxious person. But in 2020, I made an effort to rewire my mindset and started…

Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026

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…

Dr. Scott Gottlieb: High-quality Covid masks work even if others around you aren’t wearing one

People concerned about getting Covid can still protect themselves by properly wearing masks, like an N95 or KN95, even if nobody else around is, Dr. Scott Gottlieb told CNBC on Wednesday. Gottlieb’s comments come two days after a federal judge in Florida nullified the Biden administration’s Covid mask mandate for public transportation, including airlines. Many mask…

Cramer’s lightning round: Vale is a winner

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…