Business

CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to reaching an investable bottom after a challenging start to the new year. The “Mad Money” host’s comments mark a shift in outlook compared to two weeks ago, when Cramer contended it was too early to buy aggressively based on a 10-item

An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines said a flight to London returned to Miami late Wednesday because a passenger refused to comply with the federal mask requirement, the latest flight disruption over a report of an unruly passenger. American Airlines Flight 38, a Boeing 777 with

Prime Minister Scott Morrison on Wednesday announced Australia will refund visa fees for vaccinated backpackers who arrive within the next three months. The country — whose tight, pandemic border policies locked out its citizens, and more recently, one of tennis’s biggest stars — is encouraging backpackers to visit. And it’s doing so because it wants

In this article PG Procter and Gamble Co. Pampers brand baby diapers are arranged for a photograph taken in Hastings on Hudson, New York, U.S., on Saturday, Oct. 17, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images Procter & Gamble is raising prices across more of its portfolio to protect its profit margins as commodity

The Hong Kong skyline from on board the Genting Cruise Lines Genting Dream while berthed in Hong Kong on Wednesday, July 28, 2021. Lam Yik | Bloomberg | Getty Images Cruise operator Genting Hong Kong said Wednesday it has filed to wind up the company, as its cash is set to run out by end

World Health Organization (WHO) Chief Scientist Soumya Swaminathan attends a press conference organised by the Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel coronavirus, at the WHO headquarters in Geneva Switzerland July 3, 2020. Fabrice Coffrini | Reuters WHO Chief Scientist Dr. Soumya Swaminathan said Tuesday “there’s no

Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. During a 90-minute episode, Palihapitiya told co-host Jason Calacanis on their “All-In”

In this article RBLX WMT NKE RL Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Ralph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract younger shoppers. At the National Retail Federation’s annual

In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton is about to begin effectively charging customers more for its original Bike and Tread products, citing rising inflation and

In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The big-box retailer

In this article FB Jabari Young wearing the Oculus Quest 2 device. Source: Jabari Young Boston Celtics head coach Ime Udoka popped up from the team bench, and before I knew it, he was blocking my view. Indiana Pacers coach Rick Carlisle was close enough for me to see his Cole Haan shoes, and I

In this article TSLA LAC-CA PLL The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid are rolling new models off the line. In order to

A sign indicating canceled performances of “Mrs. Doubtfire” due to Covid is displayed in the window of the Stephen Sondheim Theatre on December 16, 2021 in New York City. Dia Dipasupil | Getty Images After over a year of industry-wide closures, Broadway theaters finally reopened in September, but 2021 did not end the way theater

In this article UAL United Airlines ramp services worker John Dalessandro receives a COVID-19 vaccine at United’s onsite clinic at O’Hare International Airport on March 09, 2021 in Chicago, Illinois. Scott Olson | Getty Images United Airlines started offering staff vaccines again at some of its busiest airports this week as the omicron variant continues

Covid lab technicians in India on Friday Jan. 7, 2022. Bloomberg | Bloomberg | Getty Images India is experiencing a third wave of Covid infections — while its overall impact is expected to be less disruptive than previous waves, some economists are predicting slower growth in the near term. The economic impact of the new

In this article MAERSK.B-DK The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to “green” fuels would come at a cost, but emphasized the importance of focusing on the bigger picture rather than

Sen. Tommy Tuberville, R-Ala., conducts a news conference in the senate subway to propose a vote on the January 6th commission today and delay the Endless Frontier Act and the Innovation and Competition Act until June, on Friday, May 28, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Tommy Tuberville of Alabama,

A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Online sales during the holiday season rose nearly 9% to a record $204.5 billion, Adobe Analytics said Wednesday, as consumers opened

Loading chart… GrowGeneration: “We very specifically said when that stock got into the $40s that it was done, that there wasn’t much more there, that we thought it was terrific, but we wanted to take the gain. We felt that bulls make money, bears make money, and pigs, well, they get slaughtered. It was time

FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing‘s sales and deliveries of new planes surged last year as customers looked beyond the pandemic’s toll on travel demand, but the manufacturer still ended 2021 behind chief rival Airbus. Boeing

Veru: “Veru is in [Phase 3] for a very important breast cancer indication. They just got fast-track designation by the FDA this morning. It’s at $5. It made no sense that the stock didn’t go up to me. I thought it should’ve been up on the news.” Nio: “Nope. Not recommending that. Not recommending any

In this article JNJ Johnson & Johnson announced in November that it plans to spin off its consumer business into a new publicly traded company by November 2023. The news didn’t surprise Wall Street. “The analyst community has been talking about splitting up J&J for years,” said Jared Holz, health-care equity strategist at Oppenheimer. “The

CNBC’s Jim Cramer on Friday laid out an investment case for five legacy technology companies that he believes could post strong returns in 2022. The “Mad Money” host said the following stocks fit within his main theme for the year, which is investing in profitable companies that produce tangible goods: Apple, Cisco, IBM, Microsoft and

Fans for the Tennessee Titans and the Los Angeles Rams before an NFL football game at SoFi Stadium, Sunday, Nov. 7, 2021, in Inglewood, Calif. Marcio Jose Sanchez | AP The Buffalo Bills are seeking a new $1.3 billion National Football League stadium. The Chicago Bears are spending $197 million to acquire land that could

Staff at CSL are working in the lab on November 08, 2020 in Melbourne, Australia, where they will begin manufacturing AstraZeneca-Oxford University COVID-19 vaccine. Darrian Traynor | Getty Images A researcher in Cyprus has discovered a strain of the coronavirus that combines the delta and omicron variant, Bloomberg News reported on Saturday. Leondios Kostrikis, professor

When it comes to car shopping these days, sticker price may mean sticker shock. New and used car prices continue to spurt higher amid strong demand and tight inventory. While a manufacturing slowdown has improved slightly, there won’t be a return to normal anytime soon for car buyers. “The typical dealership experience that consumers are

Loading chart… WSFS Financial: “I like that. It’s a good bank in a good area. Let’s try to get them on. I’ve admired them for about 30 years.” Loading chart… CVS Health: “I’m going to say yes [for a long-term investment], aided by the fabulous Lisa Gill [of JPMorgan] who told me at $15 to

Novak Djokovic of Serbia poses with the Norman Brookes Challenge Cup after winning the 2021 Australian Open Men’s Final, at Brighton Beach on February 22, 2021 in Melbourne, Australia. Andy Cheung | Getty Images Novak Djokovic has broken his silence in Australia to thank supporters after the country’s Home Affairs Minister Karen Andrews said he

Conagra Brands CEO Sean Connolly told CNBC’s Jim Cramer on Thursday that the company is prepared for inflationary pressures to stick around well after the Covid omicron wave subsides. “It’s not quite that simple. I don’t think if omicron goes away it immediately solves inflation,” Connolly said in an interview on “Mad Money.” “I think

In this article VOW3-DE A Bentley PHEV Mulliner car is displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai) on April 23, 2021 in Shanghai, China. Zhe Ji | Getty Images Bentley Motors sold a record number of its luxury sedans and