In this article WE The New York Stock Exchange welcomes WeWork, Inc. (NYSE: WE), today, Thursday, October 21, 2021, in celebration of its listing. To honor the occasion, Sandeep Mathrani, CEO, and Marcelo Claure, Chairman, joined by NYSE President Stacey Cunningham, ring The Opening Bell®. NYSE WeWork shares were up more than 1% in premarket
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Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, testifies during the Senate Health, Education, Labor and Pensions Committee hearing titled Next Steps: The Road Ahead for the COVID-19 Response, in Dirksen Building on Thursday, November 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Covid-19 cases are starting
A customer selects goods at a supermarket in New York, the United States, Aug. 11, 2021. Wang Ying | Xinhua News Agency | Getty Images As inflation surges, the IRS has boosted federal income tax brackets for 2022, standard deductions, 401(k) contribution limits and more. But other provisions remain unchanged, leading to higher tax bills
A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Sunday as investors prepared to start the week after the S&P 500 broke a five-week winning streak. Dow futures rose about 30 points. S&P 500 futures
The air travel industry is “not quite out of the woods” — but the future could be brighter than the last 20 months, says Paul Griffiths, the chief executive of Dubai Airports. “We have room for optimism that the future, hopefully, is much brighter than the last 20 months,” he told CNBC’s Dan Murphy on
Laura Howden / 500px | 500px | Getty Images The travel industry might get a much-wished-for gift this holiday season, if the latest predictions about year-end travel turn out to be true. Pandemic-weary Americans seem to be ready to take trips for Thanksgiving, Christmas, New Year’s and other winter celebrations, several studies have found. AAA
In this article MNDY NIO ZNGA SNPO DDOG Chinese electric vehicle start-up Nio Inc’s first employee Tianshu LI, and company’s leadership team celebrate at the New York Stock Exchange (NYSE) Opening Bell to commemorate the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018. Brendan McDermid | Reuters Markets are
In this article FB If the goal was to get people talking about Iceland, a new tourism video is more than succeeding. A video published yesterday by Inspired by Iceland, a marketing campaign for Icelandic tourism, takes aim at a Mark Zuckerberg video released in October announcing Facebook’s name change to Meta. In it,
China’s digital yuan currency is displayed on a mobile phone in Yichang, Hubei province, China, Feb. 22, 2021. Costfoto | Barcroft Media | Getty Images Don’t expect central banks to issue their own digital currencies anytime soon — that was the message from the Bank of England this week. The U.K. central bank on Tuesday
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Actors often don’t like to watch their own work once it is out in the public, but no one finds it more difficult to watch HBO’s “Succession” than those who have actually lived the life
Antoine Walker, former professional NBA player Shareif Ziyadat | Getty Images In 2008, at the end of his 13-year basketball career, Antoine Walker had amassed $108 million. Two years later, he had nothing. “I came into the league at 19 years old,” he said. “I came from humble beginnings, so I was not used to
A prototype vehicle launches out of the company’s suborbital accelerator during its first test flight on October 22, 2021 at Spaceport America in New Mexico. SpinLaunch SpinLaunch, a start-up that is building an alternative method of launching spacecraft to orbit, last month conducted the successful first test flight of a prototype in New Mexico. The
Sotheby’s auctioneer Oliver Barker leads an auction of works by Pablo Picasso from the MGM Resorts Fine Art Collection on Oct. 23, 2021. Ronda Churchill | AFP | Getty Images Yieldstreet is launching a fund to allow retail investors to buy into a portfolio of artworks, aiming to capitalize on the soaring prices and demand
Books by and about Chinese President Xi Jinping fill a display at the Museum of the Communist Party of China in Beijing on November 11, 2021. Noel Celis | AFP | Getty Images BEIJING — A top Chinese official issued a rare criticism of the U.S. and Western democracy during a high-profile political press conference
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its third quarter as U.S. sales shrank. The company’s fourth-quarter outlook also fell short of Wall Street’s
In this article LUV A baggage handler pushes a bag near a Southwest Airlines airplane at Hollywood Burbank Airport in Burbank, California, October 10, 2021. Robyn Beck | AFP | Getty Images Southwest Airlines on Saturday offered its flight attendants new incentives aimed at avoiding more flight cancellations, particularly over the peak holiday period, amid
Oct. 17 — Philippines’ President Rodrigo Duterte has become notorious for his fiery, expletive-laden tirades against foreign leaders. Bloomberg QuickTake looks at who Duterte is, what he’s said and and how his war on drugs has turned deadly.
If Black Friday — the biggest shopping day of the year — is no longer the day after Thanksgiving, is it still considered Black Friday? This year, instead of one-day doorbuster deals, the discounts are rolling out well before Thanksgiving week, spurred by a number of challenges, including supply chain setbacks and a labor crunch. These
In this article CNC Morsa Images | DigitalVision | Getty Images Company: Centene Corp. (CNC) Business: Centene operates as a multi-national health-care enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government-subsidized programs, including Medicaid, state children’s health
Source: Douglas Elliman Pent-up demand, a roaring stock market and extremely low interest rates are melding together to create a record-breaking luxury real estate market in Manhattan. “Leading up to the pandemic, the high end of the market was the weakest segment of the market. However, since the end of the lockdown, it’s inverted –
In this article WRBY RIDE RIVN TSLA The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care
In this article AMZN AFRM Drew Angerer / Getty Images Shares of Affirm, the digital “buy now, pay later” company, soared as high as 30% in after-hours trading Wednesday, after the company said it would expand its partnership with Amazon. The company also beat analyst estimates on revenue in the fiscal first quarter. Here’s how
Source: MoviePass MoviePass, the movie theater ticket service that skyrocketed to popularity in 2017 and spiraled into bankruptcy two years later, is looking for a Hollywood reboot. Co-founder Stacy Spikes regained ownership of the company on Wednesday after a bankruptcy court judge in the Southern District of New York approved the sale on Monday. Spikes
Morsa Images | DigitalVision | Getty Images The standard premium for Medicare’s outpatient care coverage will jump by 14.5% for 2022, far outpacing an earlier estimate of 6.7%, according to the government. The standard premium for Part B, which covers outpatient care and durable equipment, will be $170.10 next year, up $21.60 from $148.50 this
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 19, 2021. Brendan McDermid | Reuters The market, regardless of which index we use – S&P 500, Dow or Nasdaq – keeps climbing and making new highs. With that type of trajectory, we might assume that there are
Elon Musk is cashing in. The Tesla CEO — who this weekend made waves with a Twitter poll asking his 61 million followers whether he should sell a chunk of his stake in the electric automaker — has sold nearly $5.7 billion worth of shares of his company over the past few days. Musk’s sales
Joe Raedle | Getty Images Americans are quitting their jobs in record numbers. However, they likely won’t qualify for unemployment benefits. Just over 4.4 million people quit in September, an increase of 164,000 from the prior record in August, the Labor Department said Friday. The quits rate also jumped to 3%, another all-time high. (This
In this article CPRI TPR A man walks past a Coach store on Madison Avenue in New York, January 23, 2013. Carlo Allegri | Reuters Coach owner Tapestry shares were up more than 8% on Thursday, as the high-end handbag owner hiked its revenue forecast for the year and said shoppers shouldn’t worry about finding
Blackstone Group office in Luxembourg. Geert Vanden Wijngaert | Bloomberg | Getty Images Blackstone: “We know Blackstone’s had a giant run. You can actually say it’s been 100 points of recommending the stock. They’re a very good company that I think can go even higher still.” Nio: “We don’t need Nio. We’ve got Tesla. We’ve
Corn muffin mix is stocked and on display for Thanksgiving dinner items at a Pete’s Fresh Market Tuesday, Nov. 2, 2021, in Glen Ellyn, Illinois. John J. Kim | Chicago Tribune | Tribune News Service | Getty Images There’s going to be an extra guest at Thanksgiving dinner this year, making it more expensive than