Ikea flags are seen in Krakow, Poland on 6 June, 2017. (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | NurPhoto | Getty Images The Inter Ikea Group has said it will invest 200 million euros ($220 million) to accelerate its transition into what it describes as a “climate positive business.” In an announcement
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A worker moves a bin filled with products inside of an Amazon fulfillment centre in Robbinsville, New Jersey. Lucas Jackson | Reuters Thanksgiving day celebrations may just be getting started but the holiday is already expected to be a bonanza for retailers. Early data released by Adobe showed online retail sales on Thursday will reach
This illustration depicts how the Orbital O2 turbine will look when in the water. Orbital Marine Power Ltd The blades for what is being described as the “world’s most powerful tidal turbine” will be manufactured by a firm based in the south of England, according to a contract announcement Thursday. AC Marine & Composites, which
Boeing‘s 737 Max jet will probably not be ready to fly by early March, an aviation safety expert told CNBC on Wednesday. Major U.S. airlines have continued to delay the return of the troubled plane to their flight schedules, but even their latest estimates are likely too hopeful, said Alan Diehl, who has worked at
Sean Boyd, CEO, Agnico Eagle Scott Mlyn | CNBC While demand for gold remains strong, the act of building mines has grown more difficult over the last decade, the CEO of a Canadian miner told CNBC’s Jim Cramer on Tuesday. “It’s a lot tougher now than it was 10 or 15 years ago,” ‘ Sean
Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $2.14 per share, a penny a share above estimates. Revenue also topped forecasts, however Deere said its results continue to be affected by lingering trade tensions and ongoing uncertainties in the agriculture sector. Boeing (BA)
There’s nothing like being there in person. The Japanese sport of sumo has been around for more than 1,000 years. It was originally performed to entertain Shinto deities and then became a court entertainment before gaining popularity among the general public in the Edo era in the 17th and 18th centuries. Even in modern Japan,
Melanie Whelan is resigning from her position as chief executive officer of SoulCycle, effective Tuesday, the company told CNBC Make It. Whelan is also vacating her position as the director on the company’s board. Both sides felt it was time for a leadership transition, according to a person briefed on the decision who asked not to
Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. The company
CNBC’s Jim Cramer explains what the recent mergers tell us about the stock market. The “Mad Money” host also explains why now is the right time to buy shares of Uber. Cramer also sits down with the CEO of PVH to discuss the impacts of the U.S.-China trade war on the American consumer. Recent mergers
A mid-engine 2020 Chevrolet Corvette on the floor of the Los Angeles Auto Show on Nov. 21, 2019. Michael Wayland / CNBC LOS ANGELES – Following Ford Motor‘s highly anticipated debut of the all-electric Mustang Mach-E SUV, attention is turning to General Motors to potentially leverage the Chevrolet Corvette, its most-iconic nameplate, into a sub-brand
1. Dow to open higher after losing week Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were pointing to a higher open Monday on Wall Street after the Dow Jones Industrial Average, S&P 500 and Nasdaq gained ground on Friday but still broke multiweek winning
Singer Taylor Swift performs on the stage during the gala of 2019 Alibaba 11.11 Global Shopping Festival at Mercedes-Benz Arena on November 10, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Taylor Swift took the stage on Sunday to sing hits from her catalog of music in front of a screaming
Pedestrians pass in front of a Tiffany & Co. store. Akos Stiller | Bloomberg | Getty Images Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3 billion, according to sources familiar with the matter. The boards of the luxury firms have been discussing a
A view of the dashboard in a new Tesla Model S car. Recent updates include a ‘Caraoke’ song library available through the center console, more arcade games, and linking to popular streaming entertainment services like Netflix, Hulu and Spotify. Getty Images The average car already has more than 150 million lines of code, according to
Celebrating the holidays with family. LuckyBusiness | iStock | Getty Images The holidays are nearly here, and with six fewer days to shop between Thanksgiving and Christmas, parents need to act fast to grab the hottest toys. This year, kids are gravitating toward toys that feature their favorite characters from television and the big screen.
A logo sits on display on a building at the Novartis AG campus in Basel, Switzerland, on Wednesday, Jan. 16, 2019. Stefan Wermuth | Bloomberg | Getty Images Swiss pharmaceutical giant Novartis is close to a deal to purchase the cholesterol drugmaker Medicines Company for nearly $7 billion, according to The Wall Street Journal, which
Tesla: “I think if you really do want to buy it — I’m not going to necessarily recommend buying it — you wait it out about another maybe 10, 15 points down, and then maybe take a look.” Dunkin’ Brands Group: “Actually, I prefer Starbucks to Dunkin’ Donuts. Starbucks is way down from its high and I think
CNBC’s Jim Cramer takes a look at the week ahead in stock market news as Wall Street prepares for a short week of trading with Thanksgiving on Thursday. The “Mad Money” host sits down for interviews with Clorox CEO Benno Dorer and SoFi CEO Anthony Noto. Noto says he expects to see consolidation in the
If someone asked you when the holiday shopping season starts, you’d likely point to Black Friday, when flocks of people will rush to stores after a hearty turkey dinner to pick through the hottest deals. But for more people in 2019, holiday shopping started in July. Why? Amazon. Amazon’s annual Prime Day extravaganza has “become