The Studio Theatre in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debts, the Studio Theatre in Little Rock, Arkansas, got some welcome news from the Small Business Administration in early February. The small nonprofit theater has had its denial for aid through the Shuttered Venue Operators Grant Program overturned.
Month: February 2022
A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday, Dec. 9, 2021. Andrey Rudakov | Bloomberg | Getty Images Gold prices have remained resilient in recent weeks in the face of broad market volatility, decoupling somewhat from its typical
The Chateau de Chambord, in the Loire Valley region of France. DEA / C. SAPPA | De Agostini | Getty Images France and Italy are home to some of the most storied castles, palaces and grand homes in the world, ranging from Loire Valley chateaux to Sicilian strongholds and French Riviera mansions. Many are available
Muhammad Yungai’s ‘We Shall Always March Ahead’ mural is displayed on the side of Privado Grooming Barbershop in Atlanta’s Vine City neighborhood. Raymond Boyd | Michael Ochs Archives | Getty Images Legendary civil rights activist Dr. Martin Luther King, Jr., grew up and preached in the Old Fourth Ward of Atlanta. Soon, that neighborhood will
In this article SQ MARA RBLX BA AMD A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters February started on a dramatic note as Big Tech companies, including Meta Platforms and Amazon, issued quarterly earnings and swayed the major
Olympic Games Jam: Beijing 2022 is a Winter Games-themed game that incorporates non-fungible tokens (NFTs). nWay The International Olympic Committee has become the latest organization to jump into the non-fungible token craze. The association that organizes the Olympic Games said Thursday it has launched a mobile game based on the upcoming Beijing 2022 winter event.
Ballboys wear gloves while handling warmup basketballs as a precautionary measure prior to an NBA game between the Charlotte Hornets and Atlanta Hawks at State Farm Arena on March 9, 2020 in Atlanta, Georgia. Todd Kirkland | Getty Images U.S. stocks made a ton of money for investors in a decade-long bull market that lasted
Steve Debenport | E+ | Getty Images People who got raises last year might not see their paychecks stretch much farther. That’s because those increases in pay are up against the worst inflation in 40 years. Employers struggling to retain talent amid the so-called Great Resignation anticipated giving out larger pay increases and bonuses in
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Senate Republicans on Thursday peppered the nominee to be
In this article SBUX The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed analysts’ expectations as higher costs weighed on its profits. Here’s what the company reported for the quarter ended
In this article DAL Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Delta Air Lines‘ CEO Ed Bastian asked the U.S. Department of Justice to put convicted
PeopleImages | E+ | Getty Images Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible hours, four-day workweeks, compensation and more. This story is part of a series looking at the
JGI/Jamie Grill If you save for retirement through a 401(k) plan, you may have noticed changes to it over the years — for example, automatic increases in your contributions and “catch-up” amounts for the over-50 crowd. A couple more tweaks, which were included in a 2019 retirement bill called the Secure Act, could also become
In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions
In this article SNAP AMZN CLX PINS F RIVN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported
In this article AMD Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images AMD reported fourth-quarter earnings after
In this article MGM STZ DGE-GB An employee pours tequila into the popular Mountain Dew Baja Blast frozen drink at the new Taco Bell Cantina in Brookline, MA. John Tlumacki | Boston Globe | Getty Images Tequila could soon overtake vodka as America’s favorite liquor, fueled by consumers’ desire for pricey bottles of agave-based spirits.
Pekic | E+ | Getty Images The $1.7 trillion outstanding federal student loan market tends to get most of the headlines, but another type of education debt has also been on the rise: private student loans. Many college students have likely heard about the financing option. “Private lenders advertise all over, including on TV, radio
At Wagner Custom Skis in Telluride, Co., the size, skill, and ambition of a skier are taken into account while handcrafting a one-of-a-kind pair. But it’s on the mountain where Wagner style really shows. Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is Bloomberg’s official premium video channel.
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of a new luxury apartment building on the Lower East Side of Manhattan, across the street from a bodega. “I didn’t
In this article SPOT Shares of Spotify plunged 13% in after-hours trading Wednesday after the streamer reported fourth-quarter earnings. The numbers mostly beat expectations, but projections for user growth in Q1 were barely in line with analysts’ projections. There was also a broader selloff in tech shares after the bell, after Facebook (Meta) reported disappointing
Columbia Sportswear‘s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. Shares of the outdoor-focused apparel maker jumped 5% Friday, after the company a day earlier reported a 64% year-over-year jump in net income in Q4 and issued robust full-year guidance. “In
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Long-term unemployment fell significantly in January, continuing a downward trajectory from its pandemic-era peak after having plateaued in recent months. The number of Americans out of work for at least six
courtneyk | E+ | Getty Images The IRS has warned about “challenges” this tax season, and a slew of automated notices are already causing distress for filers. Some taxpayers who sent last year’s return and paid their balance have received a CP80 notice saying they may lose their credit for payment if they don’t file
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
Adriana Gamez restocks rose bouquets at California Flowers in downtown Los Angeles on Feb. 12, 2021. Dania Maxwell | Los Angeles Times | Getty Images They say love doesn’t cost a thing, but Valentine’s Day is a different story. For starters, anyone going on a date on the Feb. 14 holiday can expect to pay top dollar
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
Shell petrol station logo on Sept. 29, 2021 in Birmingham, United Kingdom. Mike Kemp | In Pictures | Getty Images Oil giant Shell on Thursday reported a sharp upswing in full-year profit on rebounding commodity prices. The British oil major posted adjusted earnings of $19.29 billion for the full-year 2021. That compared with a profit
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric