Dr. Anthony Fauci takes part in a meeting with U.S. President Joe Biden and Vice President Kamala Harris and other members of the White House COVID-19 Response Team on developments related to the Omicron COVID-19 variant from the State Dining Room at the White House in Washington, U.S., December 9, 2021. Leah Millis | Reuters
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Loading chart… Fiverr: “No. Remember the criteria: We need to have companies that are profitable that sell at a price-to-earnings ratio, not a price-to-sales ratio. They have to be profitable.” Loading chart… State Street Corporation: “I like State Street very much, but I’ve got to tell you, let me do you even better. I think
Adobe Chairman and CEO Shantanu Narayen on Thursday expressed confidence about the company’s future, telling CNBC’s Jim Cramer that the software maker’s weaker-than-expected forward guidance does not signal problems for its business. Narayen’s comments on “Mad Money” came shortly after Adobe shares tumbled 10.2% in Thursday’s session, as investors responded negatively to the company’s financial
Groups of people line-up to get tested for Covid-19 in Times Square on December 05, 2021 in New York City. Spencer Platt | Getty Images Covid-19 test positivity rates in New York City have doubled in just three days, Dr. Jay Varma, a top health advisor to Mayor Bill de Blasio, tweeted Thursday. “Um, we’ve
Woman doing online shopping. Oscar Wong | Moment | Getty Images Free returns are certainly not free for retailers. In fact, the cost of processing returns will increase this holiday season, according to logistics forecasts, especially against a backdrop of rising inflation, labor shortages and Covid precautions. The average holiday return will cost retailers two-thirds
Even without a pandemic, holiday travel isn’t for the faint of heart. Millions are expected to travel this month, with threats of volatile weather and the omicron variant further stressing out people eager to close Year 2 of the pandemic. To help travelers prepare, CNBC Travel asked industry insiders this question: What’s your one, solid
An NFL preseason game between the Seattle Seahawks and the Las Vegas Raiders at Allegiant Stadium on August 14, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images As Covid cases surge, professional sports leagues are once again feeling the impact, leading to postponements and star players missing games. More than 100 individuals throughout
Loading chart… IonQ: “That’s the problem. Everybody wants quantum computer. I went out there with Nvidia looking for quantum computer. We own Honeywell for … the charitable trust. Here’s the problem: There is no play on quantum computer right now. None, including that one. There’s no play. There’s just hype. We don’t want hype.” Loading
Despite the rise of the omicron variant, the travel industry is showing signs a recovery is underway. OlgaKhorkova | iStock Editorial | Getty Images After a year of heavy losses, the travel industry is finally showing some signs of bouncing back — even as the emergence of the Covid-19 omicron variant has led some countries
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton said Tuesday it is not halting development of new connected fitness products next year, contrary to a report published by DigiTimes. Peloton shares fell nearly 5% in premarket trading Tuesday on the news, but after a Peloton spokeperson refuted the report, shares recouped
In this article 7203.T-JP The Toyota Motor Corp. logo in the Toyota City Showcase exhibit at the company’s Mega Web car theme park in Tokyo, Japan, on Monday, Nov. 1, 2021. Kiyoshi Ota | Bloomberg | Getty Images Toyota, one of the world’s largest automakers, is planning to invest 4 trillion yen ($35 billion) to
Nio: “I don’t like Nio. I think it’s too risky, so the answer is I would get out and get out soon.” Starwood Property Trust: “The stock would go down a couple of bucks [if the Fed raises interest rates by 50 basis points early next year]. It would probably go down immediately a couple
U.K. Prime Minister Boris Johnson leaves Downing Street to attend Prime Ministers Questions at the Houses of Parliament on July 7, 2021 in London, England. Chris J Ratcliffe | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson confirmed Monday that at least one patient infected with the new omicron variant
Max Verstappen of the Netherlands driving the (33) Red Bull Racing RB16B Honda on track during the F1 Grand Prix of France at Circuit Paul Ricard on June 20, 2021 in Le Castellet, France. Bryn Lennon | Formula 1 | Getty Images Max Verstappen has become Formula 1 world champion for the first time after
In this article PTON Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton wants users to know its at-home fitness equipment can improve one’s physical health — not lead to health complications, which was implied in the reboot of “Sex and
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., on Wednesday, Dec. 1, 2021. Jim Lo Scalzo | EPA | Bloomberg | Getty Images Covid booster shots are “optimal care” as the
[The livestream is slated to begin at 8:15 a.m. ET. Please refresh the page if you do not see the web player above.] Jeff Bezos’ Blue Origin is set to launch its New Shepard rocket for the sixth time this year on Saturday, a mission that marks the first time the company will launch six
U.S. President Joe Biden speaks about the deadly tornadoes that struck Kentucky, in Wilmington, Delaware, U.S., December 11, 2021. Kevin Lamarque | Reuters President Joe Biden said his administration is standing by and ready to do “whatever is needed” after several dozen people were killed by a swarm of powerful tornadoes and storms that ripped
People search through a tornado-damaged building on December 11, 2021 in Mayfield, Kentucky. Brett Carlsen | Getty Images LOUISVILLE, Ky. – Kentucky Governor Andy Beshear declared a state of emergency early Saturday morning and asked President Joe Biden for federal assistance after a deadly storm swept through the Bluegrass State overnight. “It’s devastating,” Beshear said
Azek CEO Jesse Singh told CNBC the company believes it will be able to boost its profitability in the future, driven by an increase in productivity and a decrease in raw materials costs. “We like many companies have experienced pretty significant inflation,” Singh said in an interview with Jim Cramer on “Mad Money.” “As we