On February 16, 2022, patients lie in hospital beds waiting for medical treatment in a temporary holding area outside Caritas Medical Center in Hong Kong. Leung Man Hei | Nurphoto | Getty Images A spike in cases is testing Hong Kong’s zero-Covid approach to the coronavirus. Authorities blame the omicron variant and its “extreme transmission
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An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
CNBC’s Jim Cramer said Wednesday that a market snapback is possible if the current biggest headwinds, the Russia-Ukraine crisis and soaring inflation, ease up. “For the market, it’s a two-front war: The one in Ukraine and the one where businesses are now in trouble if they don’t raise prices aggressively. … Neither is intractable,” the
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of over $4 billion of revenue for that business,” Solomon said in an interview that aired on “Mad Money.” “Last
CNBC’s Jim Cramer on Wednesday broke down fresh technical analysis from veteran chartist Larry Williams, who concluded the stock market’s recent weakness may soon come to an end. “The charts, as interpreted by Larry Williams, suggest that …. we’ve got a fabulous setup for a meaningful, possibly long-lasting rally that no one is looking for,”
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time of spinning off its electric vehicle or gasoline-powered vehicle businesses, CEO Jim Farley said Wednesday. His comments come less than a week after Bloomberg News
A U.S. Postal Service worker prepares packages for delivery during Cyber Monday in the SoHo neighborhood of New York, on Monday, Nov. 29, 2021. Angus Mordant | Bloomberg | Getty Images The U.S. Postal Service on Wednesday completed a final regulatory requirement for its plan to replace its delivery fleet with thousands of gas-powered vehicles, forging
A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The U.S. Centers for Disease Control and Prevention said this week that younger males should consider waiting longer between doses
In this article TAP Bottles of Coors beer are displayed on a shelf at a liquor store in Fairfax, California. Justin Sullivan | Getty Images Molson Coors Beverage’s Miller Lite and Coors Light saw sales grow in 2021 as the company’s turnaround plan begins bearing fruit. Shrinking beer consumption in the U.S. has put pressure
SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San Francisco, Calif. on Tuesday, April 28, 2020. Most Covid financial relief to small business has now ended, but the need for more funding
In this article KHC Hot dogs could be the next grocery store item to get a plant-based makeover. Kraft Heinz announced Tuesday that it is forming a joint venture with The Not Company, a Chilean startup valued at $1.5 billion that creates plant-based substitutes for eggs, milk and meat. Shares of Kraft Heinz closed up
In this article STLA-IT SPCE PANW TUP TEN LOW Check out the companies making headlines before the bell: Lowe’s (LOW) – Lowe’s shares added 1.6% in the premarket after the home improvement retailer beat top and bottom-line estimates for the fourth quarter. Lowe’s earned $1.78 per share, 7 cents above estimates, and issued upbeat full-year