China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group | Getty Images BEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.
Business
Loading chart… Rocket Companies Inc: “It’s such a good company, but when rates go up, it does poorly. And the Fed wants housing to slow. So therefore, their business is going to slow, too. Too soon to buy.” Loading chart… Garmin Ltd: “It’s fabulous. … I think their stock is great.” Loading chart… Mosaic Co:
Loading chart… Monday.com Ltd: “They’re losing too much money. So I’ve got to say no to Monday.” Loading chart… Sunrun Inc: “I would rather own Tesla … than own Sunrun, which is losing a lot of money.” Loading chart… Gores Guggenheim Inc: “There was a time, a time where I would’ve said this one could
Shanghai, home to the world’s largest container shipping port, began a two-part lockdown on March 28 and has yet to announce when restrictions will lift. Yang Jianzheng | Visual China Group | Getty Images The World Health Organization on Monday said it is monitoring a major surge in Covid cases in mainland China, an outbreak
In this article JBLU JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and
A customer is shown a 2022 Toyota Prius at Longo Toyota in El Monte, CA on Wednesday, March 23, 2022. Medianews Group | Orange County Register via Getty Images People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget goes to transportation, including vehicle
In this article JBLU A jetBlue Airways airplane takes off from Newark Liberty Airport on September 30, 2018 as seen from Elizabeth, New Jersey. Gary Hershorn | Corbis News | Getty Images JetBlue Airways is offering flight attendants $1,000 bonuses if they don’t call out from work starting Friday through the end of May as
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, September 24, 2020. Marco Bello | Reuters The FDA has until the early summer to decide whether vaccine makers need to change existing Covid shots to target different virus
Cathy Dozal gets her second booster shot against COVID-19 from Vocational nursing student, Patricia Lizardo, at Long Beach City College in Long Beach on Wednesday, March 30, 2022. Brittany Murray | Medianews Group | Getty Images Leading U.S. scientists and physicians worry that the FDA and CDC are moving too fast in approving a fourth
Jason Kilar attends The 15th Annual CNN Heroes: All-Star Tribute at American Museum of Natural History on December 12, 2021 in New York City. Dominik Bindl | Getty Images Entertainment | Getty Images WarnerMedia CEO Jason Kilar will be stepping down from his role as the company’s merger with Discovery nears its close. Kilar made
In this article JWN Nordstrom Rack in downtown Seattle Getty Images Nordstrom on Monday announced it is streamlining leadership of its struggling Rack business with that of its full-line department stores, as two executives retire and company veterans reclaim oversight. Scott Meden, Nordstrom chief marketing officer, and Geevy S.K. Thomas, Rack president, will both be
In this article ALK DAL AAL LUV A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations