Tampa Bay Buccaneers quarterback Tom Brady (12) celebrates with the Vince Lombardi Trophy after beating the Kansas City Chiefs in Super Bowl LV at Raymond James Stadium. Mark J. Rebilas | USA TODAY Sports | Reuters Legendary quarterback Tom Brady is retiring from the sport after 22 seasons, ESPN reported Saturday. Brady, a seven-time Super
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In this article .FKRX300 TSLA GM Electric vehicles provide a path to better air quality, reduced fuel costs and comprise a growing new category for automakers. But with the transition to electric transportation comes a new challenge: Vehicles with lithium ion batteries can be especially dangerous when they catch fire. The good news is battery
Jim Cramer on Mad Money Scott Mlyn | CNBC CNBC’s Jim Cramer on Friday issued a plea to young investors who may be new to the stock market and want to build long-term wealth. “I’m asking all these younger investors who keep toying with options to please listen up: I’m begging you, just own something,
Loading chart… ThredUp: “See, that’s the kind of stuff [that] used to work. An interesting growth clothing exchange. I’ve just go to tell you [it’s a no-go].” Loading chart… Asana: “There are 72,000 collaborative software companies. 72,000. Now, OK, not really, but there’s a bunch, and I don’t want them. They’re not working.” Loading chart…
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
CNBC’s Jim Cramer said Tuesday he prefers Union Pacific over industry peer CSX, suggesting investors who want to own a railroad stock go with the Nebraska-based operator. “Don’t let the rollercoaster action distract you. It is a stock picker’s market, so when it comes a very simple comparison straight up of the railroads, you need
The seal for the International Monetary Fund is seen near the World Bank headquarters (R) in Washington, DC on January 10, 2022. Stefani Reynolds | AFP | Getty Images The International Monetary Fund has downgraded its global growth forecast for this year as rising Covid-19 cases, supply chain disruptions and higher inflation hamper economic recovery.
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
In this article LUV DAL There were more than 5,700 reports of air rage on U.S. airlines in 2021 compared with a typical year of about 100 to 150 cases. The surge in problem flyers is causing headaches for carriers, passengers and airline employees. “Unfortunately I’ve been able to see two of these in person
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases. Geno Hou | Future Publishing | Getty Images Covid lockdowns, quarantines and restrictions are causing a backlog in some of China’s major ports, resulting in “chaos” and pushing up air freights by as
In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Warning: This article includes some spoilers for the Season 6 premiere of “Billions.” The hits just keep coming for Peloton.
In this article JBSS-BR BYND Josh Tetrick, co-founder and CEO of cultivated meat start-up Eat Just, has a vision: He imagines a day when meat grown in a lab is available everywhere from Michelin-star restaurants to street vendors and fast food chains. But more investment — and regulatory approvals — will be needed to get