Business

CNBC’s Jim Cramer said Friday that Wall Street will be overwhelmed next week with a full slate of earnings reports from some of the most recognizable names in business. After the major averages all finished the session at all-time highs, shaking off concerns about economic growth, the “Mad Money” host said it leaves practically no

In this article SAM Boston Beer CEO David Burwick said Friday the company was surprised by the disappointing second-quarter sales of its Truly hard seltzer, telling CNBC in an interview that management does not “look very smart” after its prior forecast. “The trade-off from grocery and liquor store purchase and consuming at home to bars during

American Ballet Theatre — the country’s national ballet company — has announced they’ll be returning to the stage in New York City this October, a year after halting indoor performances due to Covid. “We cannot wait to see ABT in the Lincoln Center theaters that are our home,” ABT Executive Director Kara Medoff Barnett told

Drazen_ | E+ | Getty Images Swedish energy firm Vattenfall has been given a permit to build a project in the Netherlands that plans to combine solar power with farming, in the latest example of how renewables and agriculture can potentially dovetail with one another.  In a statement earlier this week Annemarie Schouten, Vattenfall’s head

The dean of Brown University’s School of Public Health warned about the tough months ahead across the U.S. due to Covid, as new data shows the delta strain can carry up to 1,000 times more virus in their nasal passages than those infected with the original strain. “I think people are underestimating how bad this

General view of the NFL Shield logo on the field before Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs at Raymond James Stadium. Kim Klement | USA TODAY Sports | Reuters The National Football League plans to operate as normal as possible for the upcoming 2021 season and told teams

In this article CROX Dina Rudick | Boston Globe | Getty Images Crocs reported second-quarter earnings that beat on the top and bottom line Thursday, raising its full-year revenue guidance amid strong global demand. The shoemaker’s stock jumped nearly 3% in premarket trading. Here’s how the company did compared with what analysts surveyed by Refinitiv

In this article FB CMG Chipotle shares managed to pop double digits Wednesday because of the restaurant chain’s culture, CNBC’s Jim Cramer said. “This company has an extraordinary culture of customer-centric innovation, and that culture has been turbocharged since they hired Brian Nicoll as CEO when Chipotle’s stock was languishing the $200s after a series

Bed Bath & Beyond’s flagship store in New York City, located at 620 6th Avenue. Source: Bed Bath & Beyond PR On Thursday morning, Bed Bath & Beyond will officially swing open the doors of its newly remodeled flagship location in New York City. For nearly three decades, the roughly 92,000-square-foot location on 6th Avenue

In this article .DJT Transport stocks have hit a roadblock. After rallying earlier this year and outpacing the S&P 500‘s gains, the Dow Jones Transportation Average has pulled back roughly 10% from highs set in May, putting the group in a correction. That weakness comes as a handful of blockbuster transport companies prepare to report

In this article JNJ Intensive-care unit and lung doctor Dr. Vin Gupta told CNBC that he’s already encouraging patients who received the single-shot Johnson & Johnson Covid vaccine to get a Pfizer or Moderna booster shot amid the dramatic increase in delta variant cases across the U.S.  Gupta, a professor at the University of Washington’s

The future of space innovation will be controlled by corporations, ex-NASA Administrator Jim Bridenstine told CNBC Tuesday, shortly after Jeff Bezos became the second space company founder to go to space. “These commercial entrepreneurs are making huge moves that are going to transform humanity and move more of us into space,” Bridenstine said on “Squawk

Power plant querbeet | E+ | Getty Images Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy measures, according to the International Energy Agency, with the Paris-based organization forecasting that carbon dioxide emissions will hit record levels in 2023. Published on Tuesday, the IEA’s

In this article FB FHN The flow of Americans from the coasts to southern states has been a boon for First Horizon Bank, CEO Bryan Jordan told CNBC Monday. “We’re seeing an influx of people into the South. It’s been very, very positive, and we will continue to see that,” he said in a “Mad

Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Victoria’s Secret is in the midst of getting a makeover. And part of the lingerie maker’s strategy — as it prepares to spin out of L Brands into a

Two people hug in the middle of the dancefloor at Egg London nightclub in the early hours of July 19, 2021 in London, England. As of 12:01 on Monday, July 19, England will drop most of its remaining Covid-19 social restrictions, such as those requiring indoor mask-wearing and limits on group gatherings, among other rules.

Collin Morikawa created major history at Royal St George’s as he celebrated his Open debut with a magnificent two-shot victory over Jordan Spieth. Morikawa, winner of last year’s PGA Championship in only his second major appearance, held off riveting challenges from Spieth and Jon Rahm to become the first player in history to win two

In this article CMG MCD TikTok, best known for quick videos of lip-syncing teens and cute pet tricks, is now the go-to spot to find Gen-Z workers. Chipotle, Target, WWE and Shopify are among the companies teaming up with TikTok Resumes, a pilot program that lets job candidates submit video resumes on the social platform.

In this article AMCX Walkers from “The Walking Dead” Source: AMC AMC Networks has settled a lengthy legal dispute with filmmaker Frank Darabont and the Creative Artists Agency for $200 million over the cable network owner’s long-running zombie series “The Walking Dead.” This settlement comes less than a month before the series kicks off its

England’s forward Jadon Sancho (C) is consoled by his teammates after missing a penalty during the UEFA EURO 2020 final football match between Italy and England at the Wembley Stadium in London on July 11, 2021. Laurence Griffiths | AFP | Getty Images A university has withdrawn an offer to a student following racist abuse