SVP and Director at IBM Research Arvind Krishna speak on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Getty Images IBM shares rose 4% in extended trading on Monday after the enterprise technology and services maker reported first-quarter earnings that came in better than analysts
Month: April 2021
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Monday reported its fifth consecutive quarterly net loss though travel demand has recently improved as vaccinations ramp up and governments loosen travel restrictions. Here’s how United
urbazon | E+ | Getty Images If you haven’t received your $1,400 stimulus check, you may still be eligible for the money. About 159 million stimulus payments have been sent since Congress authorized a third round of stimulus checks in March. Those payments total more than $376 billion. They include up to $1,400 per adult,
Luis Alvarez | DigitalVision | Getty Images More than ever, young investors are engaging with the stock market. An E-Trade study found that 51% of millennial and Gen Z investors reported their risk tolerance had increased since the pandemic — 23 percentage points higher than the total population. The study also found that they are
The shadow of NASA’s Ingenuity is seen on the surface of Mars as the helicopter hovered during its first flight on April 19, 2021. NASA/JPL-Caltech NASA successfully conducted the first flight of an aircraft on another planet, as the space agency’s helicopter Ingenuity completed a historic feat on Mars on Monday that it called a
The most expensive single-family home for sale in the exclusive Bal Harbor Village section of Miami Beach, Florida, is called Villa Magnolia, and it has an asking price of $35 million. The view from above Bal Harbor’s most expensive residential listing. Lifestyle Production Group / The Jills Zeder Group The two-story residence at 182 Bal
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company dropped more than 9%
In this article KO A worker restocks a display of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021. George Frey | Bloomberg | Getty Images Coca-Cola is expected to report its first-quarter results before the bell on Monday. Here’s what Wall Street analysts surveyed by Refinitiv are
Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
Halfpoint Images | Moment | Getty Images Millions of Americans have received some form of financial support from the government to help them get through the Covid-19 pandemic. The coronavirus has prompted the federal government to send three sets of stimulus checks, increase federal unemployment benefits and extend the duration and eligibility of those benefits,
Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Retail investing behemoth Charles Schwab added more clients in the first three months of 2021 than in all of 2020. Schwab added a record 3.2 million new clients in the first quarter of 2021.
As the IRS sends out the last of the third round of stimulus checks and tops off payments for millions of other Americans, some lawmakers are already pushing for a fourth check. The third stimulus payments — worth up to $1,400 per individual and each of his or her dependents — currently being delivered by
In this article DBSM-SG SINGAPORE — Singapore’s largest bank DBS Group Holdings said it’s not practical to cut off clients with coal exposure in the short term. DBS on Friday announced that it aims to eliminate thermal coal exposure by 2039. To get there, DBS will cease taking on new clients that derive more than
Trent Alexander-Arnold of Liverpool controls the ball during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty Images Twelve of Europe’s leading football clubs have agreed to establish a Super League, despite
The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Phyllis Wintter has had student debt for more than 30 years. At 67, she still owes around $48,000. Now she hopes that change could be coming, and that
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68%
Dogecoin, a cryptocurrency that started as a joke, is now a top-five digital currency with a market value of about $49 billion, according to CoinGecko. Created as a parody in 2013, dogecoin is based on the “Doge” meme, which portrays a Shiba Inu dog. On Friday, dogecoin reached an all-time high when it surpassed 28
People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images It’s been about a year since millions of Americans filed for unemployment benefits in the early days of the Covid pandemic. That anniversary seems to
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases testifies at the House Select Subcommittee on the Coronavirus Crisis on the Capitol Hill in Washington, April 15, 2021. Susan Walsh | Pool | Reuters White House chief medical advisor Dr. Anthony Fauci said Sunday he believes the U.S. will likely resume use
In this article PWC Pekic | E+ | Getty Images There’s a shift happening in corporate America. The coronavirus pandemic, which resulted in mass layoffs and reduced salaries and work hours, has left millions of people financially stressed. Employers are starting to respond. “The role of employers has really evolved,” said Julia Lamm, a New
SpaceX CEO Elon Musk raises his arms in celebration beneath a Starship rocket prototype under construction in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk’s SpaceX beat out teams led by Jeff Bezos’ Blue Origin and Leidos subsidiary Dynetics to win a nearly $3 billion contract to build NASA’s next crewed lunar lander, The
Billionaire investor Mark Cuban learned many key lessons in his 20s that led to his success – one of them was to be a better listener, and he’s used a specific technique to do for decades. “I like to talk, and I’m an interrupter,” Cuban said on a recent episode of the “Wild Ride! with
Betterment launched a new savings option that pays users up to 2.69% interest. Source: Betterment Trading apps aren’t the only ones benefiting from the rise of meme stocks. Betterment, a digital investment advisor, said it saw record growth in the first quarter of 2021. Despite offering so-called “passive” investing and not allowing clients to hand-pick
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo reported earnings and revenue that beat expectations for its first-quarter on Wednesday. Here’s how the results stacked up to expectations. Earnings: $1.05
The clean living craze isn’t stopping at corporate America. The trend has now seeped into the exchange-traded fund market, where Amplify ETFs — the firm behind popular thematic funds such as the Amplify Seymour Cannabis ETF (CNBS) and the Amplify Transformational Data Sharing ETF (BLOK) — has now filed for an ETF focused on clean
Matthew Turner (on the right) and his husband, Gerard. Photo: Matthew Turner Since Matthew Turner was laid off in October, he estimates he’s applied to close to 600 jobs, with no luck. Nearly as difficult has been his hunt for rental assistance. Turner’s contacted many local organizations in North Carolina where he lives, but has
Friends spending the weekend in the shopping mall martin-dm | E+ | Getty Images Company: Genesco Inc. (GCO) Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce operations; (ii) Schuh Group, which includes the Schuh
When I started paying off my student loans, I wanted to do everything I could to hold myself accountable. So I started a blog called Conscious Coins about my plan to pay off my debt, sharing my struggles and my triumphs along the way. Over time I built a community of people who understood what
Federal Reserve Governor Christopher Waller said Friday he sees the U.S. economy as set to take off, though not at a fast enough pace that the central bank should start tightening policy. “I think the economy is ready to rip,” Waller told CNBC’s Steve Liesman during a “Squawk on the Street” interview. “There’s still more
In this article GS David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s equities traders and investment bankers. Here are the numbers:
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