Business

In this article SBUX From coast to coast, young Starbucks baristas are pushing to unionize their cafes, flexing their collective power against the coffee giant in a fight that could change the broader restaurant industry and its workforce. After notching a first win late last year, two Starbucks company-owned stores have formally organized after a

California Governor Gavin Newsom on Thursday said the state’s in a “transformational moment” to shift away from fossil fuels, as climate change continues to fuel devastating wildfire seasons and historic drought conditions across California. The governor’s remarks to CNBC’s Yasmin Khorram come shortly after the state unveiled this year’s budget proposal, which invests $22 billion in new

For weeks, CNBC’s Jim Cramer has advised that newly public companies have fallen out of favor on the Wall Street fashion show as investors recalibrate to a more hawkish Federal Reserve. He’s urged people to stay away from the group. But eventually, the “Mad Money” host said Thursday, the “indiscriminate selling” in the cohort will

Viktor Orban, Hungary’s prime minister, delivers a speech at the Fidesz party headquarters in Budapest, Hungary, on April 8, 2018. Akos Stiller | Bloomberg via Getty Images Risk of death from Covid-19 is significantly higher in countries ruled by populist governments, a new study has found. Published Thursday in the Journal of Political Institutions and

Former U.K. prime minister and current U.N. special envoy for global education, Gordon Brown, told CNBC that the world must come together to find the $4.4 billion needed to address the humanitarian crisis in Afghanistan. “I’m asking Britain and Europe, and there are many other people involved in this, to call a humanitarian pledging conference,

In this article OLLI ETSY ENPH UPST BBBY RVLV CNBC’s Jim Cramer on Wednesday offered a list of beaten-up stocks that he believes are now cheap enough to buy. All the stocks are in the Russell 3000 and meet the following criteria decided upon by the “Mad Money” host: down more than 50% from the

In this article AMC DIS T 6758.T-JP The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images After a year of massive stock gains, AMC Entertainment shares are starting to cool off. The movie theater chain, which narrowly avoided bankruptcy last January, was the beneficiary of

A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become a fully electric luxury brand by 2030, the 102-year-old carmaker said Wednesday. The investment will include research and development and significant upgrades to Bentley’s historic

In this article NAVI FFIV MSFT Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Texas Instruments — Shares of the semiconductor company popped more than 4% on the back of a

Demand for office space is likely to rebound from depressed Covid pandemic levels long before retail properties, property billionaire Sam Zell told CNBC on Tuesday. “Everything between the top mall and the corner grocery anchor mall …  [there’s] a serious question as to its viability,” Zell said in a “Squawk Box” interview. “I think retail

Loading chart… EQRx Inc.: “What certain companies have to do is, they have to buy biotech companies. This is the kind of company that needs to be bought. It shouldn’t be independent.” Loading chart… DigitalOcean Holdings: “It sells at 190 times earnings. I’m not recommending anything that’s north of 50 times earnings. That’s just my

A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters One year since Boeing’s embattled 737 Max returned to service — following the largest grounding in aviation history — there appears to be a broad consensus in the industry that the