A look at Amazon’s lower than expected Q3 earnings.
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In this article MDLZ Oreo cookies, Ritz crackers and Sour Patch Kids will be more expensive in 2022, Mondelez CEO Dirk Van de Put told CNBC Tuesday. “We, at the moment, are looking at starting off 2022 with a 7% price increase in the U.S.,” he said on CNBC’s “Closing Bell.” Van de Put said
In this article FRSH In this photo illustration a Freshworks Inc logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of customer service and support software maker Freshworks fell more than 15% in extended trading on Tuesday after releasing quarterly results for the first time following
Stephan Wollenstein, CEO of Volkswagen China, presents the new ID.6 Crozz electric car during the Shanghai International Automobile Industry Exhibition on April 19, 2021. Hector Retamal | AFP | Getty Images BEIJING — When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYD, according to a survey by
Former Theranos CEO Elizabeth Holmes leaves a federal court after a status hearing on July 17, 2019 in San Jose, California. Kimberly White | Getty Images SAN JOSE, CALIF. — A former estate attorney told jurors in Elizabeth Holmes’ criminal trial that he invested $6 million in Theranos after being introduced to Holmes by ex-Secretary
Sen. Kirsten Gillibrand, D-N.Y., attends an an all-day vigil for a national paid leave policy on Nov. 2, 2021 in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images A proposal for a national paid family leave program has been dropped from proposed Build Back Better legislation. But the fight for a policy
The billionaire behind one of the UAE’s biggest property developers is taking the company he founded private, saying Dubai’s nascent real estate rebound is here to stay. “Amazing,” Damac Properties founder Hussain Sajwani said on Monday when asked to describe the recovery in Dubai’s bust-to-boom property sector, which is on an upswing after years of
In this article PFE Pfizer CEO Albert Bourla said Tuesday the U.S. government has ordered enough Covid-19 vaccine doses to cover every child in the country, as a Centers for Disease Control panel meets to decide whether to recommend authorization of the shots for kids ages 5 to 11. “The U.S. government has placed orders
Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft reported third-quarter earnings on Tuesday after the bell. Shares rose around 4% after it beat on revenue and said drivers are coming back, though
In this article UAA MS CAR GPN The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Avis Budget — Shares of the rental car company jumped
Tasos Katopodis | Getty Images News | Getty Images Democrats jettisoned a number of proposals to raise taxes on the wealthy in their $1.75 trillion social and climate spending measure. But those taxes are set to increase even if lawmakers don’t touch them. Starting in 2026, the marginal income-tax rate paid by the highest earners
In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading