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In this article BAC Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22 versus March ’21, the consumer … spent about 13% more than they did last year,” Moynihan said Tuesday in an…
In this article SHEL-GB BP.-GB DCFC The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030. Chris Ratcliffe | Bloomberg | Getty Images Tritium and BP have…
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,…
SAN FRANCISCO, CA – MARCH 16: Stephen Curry #30 of the Golden State Warriors warms up prior to the game against the Boston Celtics on March 16, 2022 at Chase Center in San Francisco, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to…
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 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…
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…
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…
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…