In this article CWK The CEO of commercial real estate brokerage firm Cushman & Wakefield told CNBC on Wednesday he’s seeing encouraging signs in the office market as it overcomes significant coronavirus-related disruption. “We lost about 2.9 million office jobs in April, May of last year. We’ve recovered 2.2 million of those jobs and we
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Impossible Foods’ meatless sausage Source: Impossible Foods Impossible Foods’ meatless sausage is finally coming to grocery stores, starting Wednesday. The company first rolled out the sausage alternative to restaurants nationwide last June after launching it at U.S. locations of Restaurant Brand International’s Burger King and Starbucks. Like its Impossible Burger, the plant-based sausage contains soy
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night’s earnings reports from two newly-public companies. Cryptocurrency
In this article PYPL The Ebay Inc. Venmo application (app). Andrew Harrer | Bloomberg | Getty Images Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies. The development is part of the broader crypto strategy of Venmo parent PayPal. The company launched a business
In this article NCLH Giacomo Augugliaro | Moment | Getty Images As the rampant delta variant of Covid-19 threatens the post-pandemic travel and tourism rebound, there’s growing acceptance of so-called vaccine passports among a one-hesitant U.S. public and increased calls for their mandated use across the industry. A survey from travel website Upgraded Points of
Homes in the North Park neighborhood of San Diego, California. Bing Guan | Bloomberg | Getty Images After falling steadily for a month, demand for mortgages to purchase a home rose slightly last week. Coupled with a continued increase in refinancing, total mortgage application volume rose 2.8% for the week, according to the Mortgage Bankers
Two Zacks #1 Ranked, Strong Buy, Specialty Retailers in Focus.
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by environmental experts. Speaking to CNBC Tuesday, environmentalists outlined the role companies, countries and individuals can play in stemming the crisis. They also shared their hopes for the 26th UN Climate Change Conference of the Parties,
In this article DOCS Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity shares jumped as much as 10% in extended trading Tuesday after the online health company, which held its stock market debut in June, said quarterly revenue doubled. Here’s how the company
In this article IYG U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were flat.
Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The
Customers at the bar in Philadelphia restaurant Martha, which requires customer proof of vaccination, on Aug. 7, 2021. Hannah Beier | Reuters Business are getting creative in their efforts to attract and retain workers amid a labor shortage caused by the coronavirus pandemic. Ray Bales, president of a Seniors Helping Seniors franchise in Knoxville, Tennessee,
In this article MNTV A new survey conducted by CNBC and Momentive suggests that small businesses across the U.S. must be at little risk of being victims of a hack, or they are supremely overconfident about their place in the growing, national cybersecurity threat. For Main Street customers, not knowing the answer to that question
Last week the Organisation for Economic Co-operation and Development (OECD) released an updated list of “Harmful Tax Practices” that have been identified as part of a country peer review process. One notable element of the recent list states that the United States has committed to abolish the deduction for Foreign Derived Intangible Income (FDII). However,
There are over 900 companies reporting this week, but these are the ones to watch.
EV stocks & ETFs will get a boost from the infrastructure bill
Deloitte U.S. CEO Joe Ucuzoglu told CNBC on Tuesday the future of work post-pandemic is not a zero-sum game. “There’s a tension between the desire of some leaders to bring back a preponderance of in-person work and a yearning of many in the labor force to preserve the level of flexibility,” Ucuzoglu said on “Squawk Box.” ”This
In this article COIN BTC.CB= Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Robert Nickelsberg | Getty Images Coinbase shares rose as much as 2.1% in extended trading Tuesday after reporting second-quarter revenues that were stronger than analysts had expected.
In this article FUBO COIN POSH Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Poshmark — Shares of the retailer dipped nearly 7% in