Business

CNBC’s Jim Cramer delivered an optimistic tune on Monday, predicting that the reopening plays will surge again when the U.S. reaches herd immunity against Covid-19. “If we reach some sort of nationwide pseudo herd immunity through a combination of vaccines and infections, or even if we just get a peak in new cases, it could

In this article HAS Hasbro CEO and chairman Brian Goldner expects robust demand for toys to continue even though the company is hiking prices to offset increased shipping and other costs. “For example, on average, ocean freight is about four times more expensive than it was a year ago,” Goldner said in an interview on

In this article RY4C-IE A Ryanair aircraft Boeing 737-800 prepares to take off at Krakow Airport. Omar Marques | Getty Images News | Getty Images LONDON — Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between a small loss and breakeven” as

A sign warns of extreme heat in Death Valley, California, U.S., July 11, 2021. Bridget Bennett | Reuters Stifling heat is forecast to spread across much of the continental U.S. next week, with areas like the Great Plains and Midwest set to see temperatures climb 10 to 15 degrees above average, according to the National

In this article WMT Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a discrimination complaint with the U.S. Equal Employment Opportunity Commission. Amy Jo Stevenson Marlo Spaeth

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

In this article DIS Signage outside Caesars Palace hotel and casino in Las Vegas, Nevada, on Sunday, May 02, 2021. Roger Kisby | Bloomberg | Getty Images Walt Disney executives won’t be traveling to Las Vegas next month to attend the National Association of Theatre Owners’ CinemaCon. The company cited growing concerns over the Covid-19

Thomasin McKenzie and Alex Wolff star in M. Night Shyamalan’s “Old.” Universal M. Night Shyamalan’s latest film “Old” has no shortage of intrigue and suspense, but fails to live up to the director’s previous work, critics say. His latest thriller follows a family of four, Guy (Gael Garcia Bernal), Prisca (Vicky Krieps) and their children,

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

Companies are monitoring the spread of the delta Covid variant as they adapt return-to-office plans and prioritize giving flexibility to employees, a board member at three Fortune 500 companies told CNBC on Friday. “I believe there’s going to continue to be hybrid offerings. … Flexibility is here to stay, especially if you want to be

People inside a shopping mall in Singapore on May 15, 2021, ahead of tightening restrictions over concerns of a rise in Covid-19 coronavirus cases. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s brick and mortar businesses have been hit hard by Covid-19 and retailers have seen sales plummet significantly as a result of

In this article CROX One winner in the retail space has quietly been making new highs after rallying more than 260% over the past 12 months. Crocs, the footwear brand, has roared higher on the back of robust demand. That stock added another 10% on Thursday after reporting quarterly revenue nearly double from a year

[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] A Centers for Disease Control and Prevention advisory panel is meeting Thursday to discuss a serious, but rare, autoimmune disorder linked to Johnson & Johnson‘s Covid-19 vaccine. The CDC’s Advisory Committee on

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

In this article NOV.N-CH The health-care system is still seeing lower rates of diagnoses for certain conditions after the coronavirus pandemic kept non-Covid patients away from the hospital early on, Novartis CEO Vasant Narasimhan told CNBC on Wednesday. “I think the signals that were sent that ultimately asked patients to stay away from the emergency room, stay

A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters Shares of United Airlines gained more than 4% on Wednesday morning after the carrier forecast that the rebound in travel demand will continue in the coming months. United reported its sixth

SINGAPORE — The failure to contain Covid infections is impeding the recovery of many Southeast Asian economies, says Sean Darby from Jefferies. “Indonesia, like many of the ASEAN economies, has yet to really get to grips with the Covid-19 virus,” Darby, global head of equity strategy at the U.S. investment bank, told CNBC’s “Squawk Box

Bill de Blasio, mayor of New York,. Jeenah Moon | Reuters New York City will require all workers at city-run health care facilities and hospitals to be vaccinated or take weekly Covid tests, with positivity rates continuing to tick upward as the delta variant spreads, City Hall officials told NBC New York. Mayor Bill de

A man wearing a face mask stands behind the Olympic symbols of the five interlaced rings pictured near the National Stadium in Tokyo. James Matsumoto, SOPA Images | LightRocket | Getty Images After a one-year delay, weeks of negative headlines and public backlash, the Tokyo Olympics are set to open Friday. But that’s still a