Symbol Price Change %Change AAPL $142.03 -7.81 -5.21 WBA $31.61 -1.58 -4.77 BA $125.62 -7.82 -5.86 V $179.93 0.75 0.42 TRV $154.46 1.53 1.00 U.S. stocks saw steep swings on Thursday with the Dow Jones Industrial Average wiping out most of Wednesday’s 548-point gain. Apple and Boeing led the drop, […]
Business
Premarket stocks: Is the bitcoin winter beginning to thaw out?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — It’s been a cold, hard crypto winter. But […]
US officials troubled by controversial UK tax cut plan
New York CNN — US officials are increasingly troubled by the United Kingdom’s proposal to slash taxes at a time of crushing inflation, a plan that has ignited turbulence in financial markets. UK Prime Minister Liz Truss’s tax-cut plan has drawn criticism from economists and investors and prompted the Bank […]
McDonald’s rejects franchise owners’ request to delay big changes, letter says
A customer places an order September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated […]
Nike (NKE) earnings Q1 2023
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as […]
Used cars have become unaffordable
New York CNN Business — High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers. That’s bad news for CarMax, the nation’s largest used car dealer. CarMax reported Thursday that its earnings plunged 54% as the number of cars it […]
PRESS DIGEST- New York Times business news
Sept 22 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. – A federal appeals court on Wednesday freed the Justice Department to resume using documents marked as classified that were […]
The gas price decline ends its streak at 98 days amid hurricanes and war
The average cost of gas in the U.S. inched up by a penny Wednesday, ending a 98-consecutive-day streak of declining prices, AAA.com said. The current average for regular gas climbed to $3.68, up from $3.67 Tuesday. Wide geographic ranges in those prices remain, AAA.com data shows, with most Western states […]
STOCK MARKET NEWS: Fed hikes interest rates, Walmart ramps up hiring, gas prices rise
Twitch to ban some streaming crypto gambling sites Symbol Price Change %Change AMZN $121.25 -0.94 -0.77 Amazon unit Twitch is updating its policy on gambling. The interactive livestreaming service said, beginning October 18, it will prohibit steaming of gambling sites that include slots, roulette, or dice games that aren’t licenses […]
Beyond Meat suspends COO after alleged nose biting incident
Beyond Meat (BYND) has suspended its Chief Operating Officer (COO) Doug Ramsey after he was arrested this past weekend for allegedly biting a man’s nose. The alleged incident took place inside an Arkansas parking garage following a University of Arkansas football game, according to a preliminary police report obtained by […]
German government agrees nationalization deal for energy giant Uniper
Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed to the nationalization of utility Uniper as it strives to keep […]
New York AG sues Trump, 3 of his children and their company, charging large-scale business fraud
New York Attorney General Letitia James filed a sweeping lawsuit Wednesday against former President Donald Trump, his three eldest children and the Trump Organization in connection with her yearslong civil investigation into the company’s business practices. In the suit, which runs more than 200 pages, James’ office details what it […]