Business

A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchisees is much less than the

Still from Netflix’s “Marriage Story.” Netflix Netflix made history on Monday. The streaming service finally clinched its first-ever best picture nomination at the Golden Globes. In fact, the platform earned four best picture nominations for the Jan 5. awards show. “Marriage Story,” “The Two Popes” and “The Irishman” were nominated for the drama category and

Youth march along Pennsylvania Avenue to the U.S. Capitol Building as part of the Global Climate Strike protests on September 20, 2019 in Washington, DC. Samuel Corum | Getty Images Top issues in 2020 will include inequality and climate change, Saxo Bank’s chief economist said on Monday. “Across the board, inequality and climate will actually

Anna in “Frozen II.” Disney With Sunday’s estimates, Disney is now a breath away from hauling in $10 billion globally from its 2019 box office titles. As “Frozen II” continues to dominate the box office, both domestically and internationally, Disney’s tally for the year hovers around $9.9 billion, according to data from Comscore. This record

Nectar mattresses Source: Nectar When our company, Resident, first reached out to Cardi’s, a top New England furniture and mattress retailer, we made them an offer that caused them to hesitate. We asked if they wanted to carry our Nectar brand, which offers mattresses that are priced lower than the others they sell and at

GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors’ $2.3 billion joint venture with LG Chem for production of battery cells for electric

A scientist works in a lab at Biogen in Cambridge, MA on Nov. 5, 2016. Suzanne Kreiter | Boston Globe | Getty Images Biogen pleased shareholders this week after it presented more data on its late-stage Alzheimer’s drug, aducanumab. Shares of the biotech firm closed up 3.41% on Thursday as analysts pointed to a lack of

A melting supervisor monitors a bucket of molten steel at the Nucor Steel plant in Huger, S.C., April 17, 2017. Stephen B. Morton | The New York Times The steel industry has a massive carbon footprint, as much as 6% to 7% of the world’s greenhouse gas emissions, according to a Rocky Mountain Institute study.

CNBC’s Jim Cramer takes a look at the coming week of earnings reports, the Fed and stock market news. The “Mad Money” host sits down with Boot Barn CEO to get a better picture of its expansion plans. Later in the show he explains why President Donald Trump should let the Dec. 15 tariff hike

Friday’s market action “makes sense,” CNBC’s Jim Cramer said. The major stock indexes all rallied about 1% in the session after Wall Street learned that 266,000 jobs were added to the economy in November, trouncing the projected 187,000 figure. Cramer said the nonfarm payroll results “drove a stake through the heart of the idea that

John Schnattner, former founder of Papa John’s. Steven Ferdman | Getty Images Entertainment | Getty Images Papa John’s founder John Schnatter filed a lawsuit Thursday against an advertising firm and its parent company related to the events that led to him being ousted as chairman. In July 2018, Schnatter stepped down after Forbes reported that

CNBC’s Jim Cramer breaks down data and explains why most Americans are not benefiting from the 2019 bull market. The “Mad Money” host gets insight into why Chipotle’s operations are working in an interview with CEO Brian Niccoli. Later in the show he sits down with the CEOs of cloud software company ServiceNow and medical

CNBC’s Jim Cramer on Thursday said excessive negative sentiment about the stock market being spewed out in the media is leaving too many potential investors on the sidelines. After rising slightly during the trading session, the S&P 500 has rallied more than 26% thus far in 2019. Yet, just about 1 in 3 American voters

Lee Westwood of England plays his second shot on the third hole during the first round of the DP World Tour Championship Dubai on The Earth Course at Jumeirah Golf Estates on November 21, 2019 in Dubai, United Arab Emirates. David Cannon/Getty Images “Leadership League” is a unique insight into how the decision makers, power

The Hong Kong government is keeping an open mind to additional measures that will help support the city’s economy, Edward Yau, the city’s secretary for commerce and economic development, said on Thursday. “Hong Kong is of course hit doubly by a sort of twin cycle — U.S.–China trade war and also the local unrest; I

Signage is displayed on the headquarters building of Boeing Co. in Chicago, Illinois, U.S., on Monday, April 27, 2009. Boeing Co. last week lowered its 2009 profit forecast less than analysts predicted, reaffirming the year’s delivery schedule even as the recession prompts airlines to defer orders and forces the planemaker to further delay a model.

A DHL Cargo bike in Berlin. Source: DHL New York City is testing a pilot program that would take some deliveries out of the hands of drivers in cars and vans and put them on bikes. UPS, Amazon and DHL are taking part in the Commercial Cargo Bike Pilot Program, which launches Wednesday using bikes

For many would-be entrepreneurs, Harvard’s prestigious MBA program provides an important step in the journey from dreamer to founder. But for Bom Kim, that step was quicker than most. Just six months into the program, he dropped out, determined to make it on his own. Now, less than a decade on, Kim is the billionaire

The U.S. Speaker of the House Nancy Pelosi speaks over impeachment inquiry two days after the formal request during her weekly press conference on Capitol Hill on Thursday, September 26, 2019. Aurora Samperio | NurPhoto | Getty Images Democratic House Speaker Nancy Pelosi‘s sweeping drug pricing bill would result in as many as 100 fewer

A U.S. Postal Service (U.S.P.S.) worker unpacks packages from a truck on December 02, 2019 in San Francisco, California. Cyber Monday shoppers are on track to spend a record $9.4 billion on online purchases, a nearly 19 percent jump from one year ago, following strong Black Friday sales purchases of $7.2 billion. Justin Sullivan |