In this article MO BATS-GB A pack of Marlboro cigarettes. Daniel Acker | Bloomberg | Getty Images Rising prices at the gas pump will likely hurt cigarette demand as smokers have less cash to spend on impulse purchases while filling up, according to a new report from Barclays. The Russian war in Ukraine has driven
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In this article RIVN R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Rivian Automotive quickly backtracked from a plan to increase prices on vehicles that had already been ordered
Portrait of American fantasy author Brandon Sanderson taken on June 3, 2011. Sfx Magazine | Future | Getty Images Brandon Sanderson asked folks on Kickstarter for $1 million to self-publish four novels he wrote during the pandemic. They funded him in 35 minutes. Two days later, Sanderson’s campaign has topped $19 million from more than
A view of the Dilbar yacht owned by USM Holdings founder, International Fencing Federation President Alisher Usmanov. Dibar is the world’s biggest yacht by volume. Vyacheslav Prokofyev | TASS | Getty Images At least two superyachts owned by Russian oligarchs have been seized by authorities in the European Union after the executives were sanctioned following
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated a global distribution agreement with Russia’s Aeroflot, crippling the country’s largest airline’s ability to sell seats. The Texas-based airline software giant provides airline ticket distribution and reservation services for
A view of a street in Abu Dhabi, United Arab Emirates Valery Sharifulin | TASS | Getty Images DUBAI, United Arab Emirates — The Foreign Ministry of the United Arab Emirates announced Thursday that Ukrainian citizens remain eligible for visa on arrival in the country, two days after it was announced that the policy had
Block co-founder Jim McKelvey. CNBC | NBC Universal | Getty Images BARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder Jack Dorsey’s payments company Square, which is today known as Block. It was called Amazon Register, and it would let small businesses accept credit
There are signs of relief for stocks that could individually, or together, result in a sustained rally, CNBC’s Jim Cramer said Wednesday, as Russia’s invasion of Ukraine and soaring inflation continue to roil markets. “You do not need the whole parade of positives to play out, because we only have so many stocks that are
Loading chart… Norwegian Cruise Line: “One of the worst performers in the market, with one of the best CEOs. I still believe. I think at $20, with everything starting to open around the world, it is a [buy].” Loading chart… Companhia Energetica de Minas Gerais: “I think that’s an interesting spec, frankly, because I believe
Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertainty when putting together a forecast. Slootman’s comments in a “Mad Money” interview came after the data-analytics firm reported fourth-quarter and fiscal 2022 results. Its stock was
Robert Pattinson stars in “The Batman.” Warner Bros. Batman has taken on many forms on the big screen, from goofy and campy to suave and gritty. Matt Reeves’ “The Batman” introduces audiences to a new iteration of the Dark Knight — emo. The film, which arrives in theaters on Friday, has elicited mixed reactions from
CNBC’s Jim Cramer on Wednesday offered investors a list of stocks with sizable dividend yields that he believes should be on their shopping list. Investors may turn to dividend-paying stocks during periods of market turbulence, viewing their tangible payouts as a place of safety, the “Mad Money” host said. And Wall Street has been volatile