Sarah Whitten | CNBC Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel’s sales in the first quarter tumbling. While toy sales across the industry rose 7.6% between January and March, according to NPD data, it seems that lockdowns aren’t giving all toymakers a boost. On Tuesday, Mattel reported
Flight attendants talk in a nearly empty cabin on a Delta Airlines flight operated by SkyWest Airlines as travel has cutback, amid concerns of the coronavirus disease (COVID-19), during a flight departing from Salt Lake City, Utah, April 11, 2020. Jim Urquhart | Reuters A lobbying group representing U.S. airlines on Wednesday said federally mandated
Medicare isn’t free. And for beneficiaries whose income suddenly has dropped, that fact may now be more challenging. More than a third (37%) of Medicare recipients have experienced income loss due to the coronavirus crisis, according to a recent survey from ehealth.com. Younger beneficiaries are more likely to have suffered: 40% of respondents age 65
CNBC’s Jim Cramer said Wednesday that investors cannot ignore the rising popularity of plant-based meat products. “This movement is happening. You’ve got to get on the bus or … get left behind,” Cramer said on “Squawk on the Street.” Cramer acknowledged there are not huge sales just yet for a company like Beyond Meat, which after-the-bell Tuesday
In such an uncertain and competitive job market, there’s never been a more important time to polish your resume (even if you aren’t on the job hunt right now). Before you get started, take some time to think about your strengths, weaknesses and goals. Also keep in mind who your competition is and what unique skills
Norwegian Cruise Line raised more than $2 billion in a mix of stock and debt, ensuring the company can outlast the coronavirus pandemic for at least the next year without any revenue if necessary, the company announced Wednesday. The company warned Tuesday that it might not have enough funding to get through the next 12 months. The fresh
People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images The New York Times Company said Wednesday it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for
Ground staff load baggage on a United Airlines airplane at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images United Airlines on Wednesday tried to soothe labor tensions by making some mandatory schedule reductions voluntary, after a union sued, alleging the company was violating the terms of billions of
The Tesla Model 3 received a five-star test rating from safety organizations in North America, Europe, and Australia, including the highest rating of any sedan in the European New Car Assessment Programme’s Safety Assist category and the 2019 Insurance Institute for Highway Safety’s Top Safety Pick+ vehicle, the highest achievement awarded by the Institute. We
► Read more at https://on.ft.com/2RrYp59 The Danish lender faces a criminal investigation from the US Department of Justice after being caught up in one of the world’s biggest money laundering scandals, with clients linked to organised crime, drugs and tax evasion ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube:
Mar.01 — Oprah Winfrey reveals what the poet Maya Angelou told her about creating a legacy and understanding the value of what one leaves behind. She speaks with David Rubenstein in the season two premiere of “The David Rubenstein Show: Peer-to-Peer Conversations” on Bloomberg Television.
99 Cents Fresh Pizza offers the most economical slice in NYC while Nino’s Bellissima sells the most luxurious pie at $1,000.
A restaurant employee wearing a protective mask poses behind the counter amid the coronavirus pandemic on April 28, 2020 in New York City. Alexi Rosenfeld When it comes to the economic fallout from the coronavirus pandemic, many young professionals are asking, “Will I still have a job?” And no wonder, as 63% of young Americans
Many companies are being hurt by social distancing safety rules due to the coronavirus and investors may want to reevaluate whether to own their stocks, CNBC’s Jim Cramer said Tuesday. “Social distancing is going to be the answer why you have to sell certain stocks,” Cramer said. For companies that need to invest heavily to help
MSNBC: Answering your questions about coronavirus Monthly retirement for a $50,000 salary factoring in Social Security and savings Here’s how to get into the habit of saving more and spending less How to pay less in taxes on your Social Security benefits How to earn $40,000 in interest every year in retirement Here’s how to
‘I see rates rising continuously’ “Forty years of a bull market in bonds. It’s really hard to turn your head around, and say could this be a turning point? But I think history will say yes,” said Siegel. “I see rates rising continuously over the next several years.” Coronavirus risks sparked a flight to safety
The Walt Disney character Mickey Mouse greets children at Magic Kingdom in Orlando, Florida. Getty Images Last year, Disney’s Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company’s biggest drag on earnings, thanks to the Covid-19 outbreak. The coronavirus pandemic has caused many headaches for Disney. The
Medical workers take in patients outside of a special coronavirus intake area at Maimonides Medical Center on May 04, 2020 in the Borough Park neighborhood of Brooklyn, New York. Spencer Platt | Getty Images The coronavirus that emerged in Wuhan, China over four months ago has since mutated and the new, dominant strain spreading across
Cashmere is one of the most sought-after fibers in the world. It’s fine hairs are softer, lighter, and can be up to three times more insulating than sheep wool. It has been a prized material for centuries, but its quality comes at a cost and a luxury cashmere jumper could cost you well over $500.
The flamboyant Paris mayoral candidate and Fields Medal winner is a thorn in the side of the president and his ruling La République En Marche party. Read more at https://on.ft.com/2Nol81Q. Take our survey and tell us what you like about our YouTube channel: https://bit.ly/33SJ8AI ► Check out our Community tab for more stories on the
Berlin is becoming a “Sponge City” designed to tackle two issues – heat and flooding – by imitating nature. Video by Gloria Kurnik https://www.bloomberg.com/news/videos/2017-08-18/sponge-city-making-berlin-cooler-video ———- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Salesforce founder and CEO Marc Benioff says Salesforce would not exist without Steve Jobs, and tells CNN’s Poppy Harlow “he was one of the greatest mentors I had.”
Your health savings account may be able to give you some extra help during the coronavirus crisis. An HSA is a savings account you can use to pay for qualified medical expenses. You contribute money pre-tax, the savings grow tax-free and your withdrawals generally aren’t taxed. HSAs are available only to those who have high-deductible
Warren Buffett’s Berkshire Hathaway has sold all its airline stocks, but retail investors at TD Ameritrade were buying them in April, according to JJ Kinahan, the firm’s chief market strategist. “Nobody in their right mind normally fades Mr. Buffett, but with that being said, I think people are buying these and saying, ‘OK, this has to be a longer-time-frame
Christine Orlando, 56, a New Canaan, Connecticut-based teacher, and her partner, Bill Brakely, a teaching assistant in the same district, knew they wanted to adopt a cat together. They planned to wait until their summer break, but the recent shift to remote teaching due to the coronavirus pandemic left them with a lot of additional
Institutional Investor Hall of Famer Richard Bernstein sees a troubling market trend. He warns that the fear of missing out phenomenon is making a comeback despite the coronavirus’ damage from Wall Street to Main Street. “Most investors, I would say, are once again becoming momentum investors,” the CEO and CIO of Richard Bernstein Advisors told
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Online furniture retailer Wayfair‘s net loss widened in the first quarter as its sales surged nearly 20%, with more people flocking to its website to furnish their home offices and bedrooms during the coronavirus pandemic. Its shares were down more than 3% in premarket trading following the announcement. Here’s
As many states are re-opening for business, sobering estimates about the potential spread of Covid-19 in the U.S. are emerging. An interagency report from the U.S. departments of Homeland Security, and Health and Human Services projected the number of coronavirus deaths will increase to about 3,000 each day by early June. The analysis also reportedly
Fertnig | E+ | Getty Images People who receive Supplemental Security Income or Department of Veterans Affairs benefits have just one more day to supply the federal government with information on any qualifying dependents who should be included in their stimulus payments. Millions of stimulus payments are in the process of being deployed to Americans.
CNBC’s Jim Cramer warned Monday that the U.S. economy may be too weak right now to handle another trade fight with China and discouraged the Trump administration from imposing a new wave of tariffs against Beijing. Cramer also drew a comparison to the Great Depression, saying that to hike tariffs against China now would be