A worker puts pepperoni on a pizza inside a Domino’s Pizza franchise in New York. Daniel Acker | Bloomberg | Getty Images After a year marked by business closures, disruptions and unprecedented challenges, the franchising industry is poised to bounce back to pre-pandemic levels by year’s end if Covid-19 is controlled, according to an upcoming
Month: February 2021
kate_sept2004 | E+ | Getty Images In celebration of Black History Month, CNBC Invest in You is featuring weekly stories from CNBC contributors and members of the Financial Wellness Council, including the lessons they’ve learned growing up, their advice to Black youth, their inspirations and how they are working to close the racial wealth gap.
Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation skyrocketing to about $74 billion. The company raised the new funds at $419.99 a share, those people said
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Elizabeth Holmes’ attorneys strongly pushed back against the government’s attempts to detail her extravagant lifestyle
U.S. stock index futures were little changed in overnight trading on Tuesday after the Dow closed at a record high. Futures contracts tied to the Dow Jones Industrial Average gained 11 points. S&P futures were unchanged, while Nasdaq 100 futures slid 0.13%. The move comes after the Dow closed at a record high during regular
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health‘s fourth-quarter earnings beat Wall Street’s expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines. Shares of the company are up slightly in premarket trading. Here’s what the company reported
Workers move boxes containing the Pfizer-BioNTech Covid-19 vaccine as they are prepared to be shipped at the Pfizer Global Supply Kalamazoo manufacturing plant in Kalamazoo, Michigan on December 13, 2020. Morry Gash | AFP | Getty Images The Biden administration is increasing the number of Covid-19 vaccine doses shipped to states weekly, sending out 13.5
President Joe Biden speaks as he meets with Senators from both parties in the White House on Feb. 11, 2021. Doug Mills-Pool/Getty Images More unemployment benefits may be on the way as Democrats and the Biden administration pursue a $1.9 trillion pandemic aid package. The legislation would increase the amount of jobless benefits workers receive
A artist’s illustration of the company’s space station in orbit. Axiom Space Houston-based Axiom Space is going full tilt into scaling production of private space stations, while also flying paying passengers on trips to orbit, with the company announcing $130 million in a new round of funding on Tuesday. “This round lets us go make
Parents across America, and especially moms, have had to adapt over the last few months of the coronavirus pandemic and take on unexpected responsibilities as the lines between home and work and school have blurred. Job losses and health crises can cause further strain on an already stressed household. And while it might be your
Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on September 9, 2020. KAMIL KRZACZYNSKI | AFP | Getty Images Most new claims for unemployment benefits are coming from repeat layoffs, according to new research, hinting at unstable work prospects for a broad swath of Americans and signaling another dimension
Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir reported a loss for the fourth quarter of 2020, while revenue beat analysts’ expectations in its earnings
An aerial view over downtown West Palm Beach, where RH in December 2017 opened an 80,000-square-foot, mansion-like store with a rooftop restauratnt. Source: Indiehouse Films WEST PALM BEACH, Fla. — Retailers, restaurants and other business owners want to be where the people are. And people are moving to South Florida in droves. Some are taking
AleksandarNakic Presidents’ Day is meant to honor our country’s greatest leaders. This year, it also represents another day off from school when parents are already stretched to the limit, juggling work and family obligations amid the coronavirus pandemic. Nearly one year since the Covid-19 outbreak began, mothers and fathers who are currently working remotely increasingly are
First-time claims for unemployment insurance totaled 793,000 last week as declining Covid-19 cases provided little relief for the jobs market. The total for the week ended Feb. 6 was above the 760,000 forecast from economists surveyed by Dow Jones but a slight decrease from the previous week’s upwardly revised total of 812,000. The pandemic era
Bill Gates is a philanthropist and climate change evangelist. But he knows full well that his life as a billionaire and business tycoon also makes him “an imperfect messenger on climate change,” he writes in his new book, “How to Avoid a Climate Disaster.” “I can’t deny being a rich guy with an opinion,” writes
Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of extended trading Monday evening after finishing strong last week. Dow futures rose 180 points, suggested an implied open
Ferrero Rocher chocolate and hazelnut confectionery seen in a supermarket. Alex Tai | SOPA Images | LightRocket | Getty Images No reservations are required this Valentine’s Day, as the pandemic makes romantic dinners out less likely. But chocolate will still be a key part of the celebration, as people express their love not only for
President Joe Biden holds a meeting with US Senators about infrastructure improvements in the Oval Office of the White House in Washington, DC, February 11, 2021. Saul Loeb | AFP | Getty Images Covid-relief plan Biden’s stimulus plan, currently being debated in Congress, calls for $1,400 in direct payments to most Americans and an increase
ljubaphoto The 2020 tax season is officially underway, and the millions of Americans who collected unemployment benefits last year due to the coronavirus pandemic may be in for a surprise. That unemployment income is taxable, and if you didn’t have money set aside or withheld for those taxes, it could reduce your refund or even
A bitcoin ATM is seen inside the Big Apple Tobacco Shop on February 08, 2021 in New York. Michael M. Santiago | Getty Images Pressure is building on Wall Street banks to accept bitcoin as a legitimate asset class – and it’s coming from within, CNBC has learned. Last month, during a town hall meeting
According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 billion, told CNBC Make It in 2019. To start, “figure out what you’re passionate about,” she
Neil Woodford, Woodford Investment Management. Woodford Investment Management LONDON — Neil Woodford, the former U.K. star stockpicker whose investment firm collapsed in 2019, has said “sorry” to investors as he shared plans to make a comeback with a new business. Woodford said in an interview with The Telegraph, published Saturday, that he was “very sorry
Archer Air Source: Archer Air The current bull market in stocks has fueled concerns about speculation in too many offerings and unproven technologies, but don’t include flying taxis, according to Wall Street investment banker Ken Moelis. Flying taxis — formally referred to as electric aircraft and the urban air mobility market — are coming in
Kyla Ernst-Alper is an aerialist in New York City. She’s never had an employer that offered her a 401(k) retirement plan in more than two decades of performing. Giles Clement Kyla Ernst-Alper, a 38-year-old aerial performer in New York City, has never had a 401(k) retirement plan. She holds multiple jobs at once to support
Virgin Galactic’s spacecraft Unity prepares for flight. Virgin Galactic Virgin Galactic shares dropped after the company on Friday delayed its next spaceflight test, which was scheduled for this weekend. “We have been progressing through our pre-flight preparations and, during that process, we have decided to allow more time for technical checks. We are working to
Scientists, politicians, youth activists and business leaders are talking about the dire consequences of climate change. But for the average person sitting on their couch, it can be hard to understand what is so urgent and why it matters to their life. In his new book, “How to Avoid a Climate Disaster,” billionaire Bill Gates
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney reported quarterly profit of 32 cents per share, surprising analysts who had expected a loss of 41 cents per share. Disney saw a not-unexpected slump in theme park attendance and box office results due to Covid, but the
Dr. Virginia Banks, an infectious disease specialist, is part of a group of Black physicians and scientists who are focused on ways to solve health-care disparities. Dr. Virginia Banks Dr. Virginia Banks says if the U.S. really wants to bring the pandemic to an end, it’s going to take mobile vans of vaccines in neighborhoods
Halfpoint Images | Moment | Getty Images A Democratic proposal to expand the child tax credit for one year could give qualifying families up to $300 per child per month. But like all direct payments made by the government as part of Covid relief, some are questioning whether the aid will be too much or
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- …
- 11
- Next Page »