A look into why oil has hit its highest prices since 2013.
Month: March 2022
Roman Abramovich, owner of Chelsea, waves at fans after the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021, in Porto, Portugal. Alex Livesey – Danehouse | Getty Images Sport | Getty Images Billionaire Russian oligarch Roman Abramovich has embarked on a fire sale of his
In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, although it
In this article BAC YELP NFLX MSFT Big banks and corporations like Yelp, Netflix, and Microsoft have announced major investments in Black-owned banks. Yet Black banks are far from thriving. Americans who identify solely as Black or African American make up 13.4% of the U.S. population today, but less than 1% of all FDIC-insured banks
Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to
In this article C Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of
Morsa Images | DigitalVision | Getty Images Today’s teens are thinking differently about their future employment, and many have decided they don’t want to work for anyone else. About 60% of teenagers are more interested in someday starting their own business instead of working a traditional job, according to a March 1 survey from Junior
“Frothy eloquence neither convinces nor satisfies me,” the 19th century Congressman Willard Duncan Vandiver allegedly declared. “I am from Missouri. You have got to show me.” In the realm of tax policy and economic competitiveness, lawmakers from the Show-Me state are turning the old adage around. They are showing the rest of the nation how
The rear of the home opens to a massive lawn framed by a moat-like water feature and a 400 ft. running track just below it. Marc Angeles A 105,000-square-foot Los Angeles mega-mansion that was listed for $295 million sold at a bankruptcy auction for $141 million, ending a 10-year-saga of soaring debt and failed dreams.
Nearly all of Afterpay‘s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, pay-later service. “What I will say about losses, is that the team has actually been incredibly deliberate in managing consumer losses as an input rather than
In this article GPS Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges. Supply chain snarls still remain
In this article XOM Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC U.S. oil surged to the highest level since 2008 on Thursday, and Exxon CEO Darren Woods said prices could be heading much higher. “If there is a significant supply disruption with respect to Russian crude … that will be very
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