As the Kansas City Chiefs play the San Francisco 49ers in Miami’s Hard Rock Stadium on Sunday, the price tag for a 30-second TV commercial during Super Bowl LIV on Fox is a reported $5.6 million. That’s up from $5.2 million last year. For just under that amount, you can own a castle located in
Month: January 2020
A charter flight from Wuhan, China, carrying approximately 200 U.S. citizens, taxis to a stop at March Air Reserve Base in Riverside, Calif. Wednesday morning Jan. 29, 2020. Will Lester | Inland Valley Daily Bulletin via Getty Images U.S. health officials have quarantined 195 Americans evacuated from Wuhan, China, taking the rare step of issuing
Chevron posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to the company’s shale gas production sites in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that this charge would be between $10 billion and $11 billion. Shares slid more than
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty Images The stock sell-off deepened on the last day of January on concerns that the deadly coronavirus will disrupt the global economy and in the process, ruining an old market indicator
CNBC’s Jim Cramer said Friday he’s done with fossil fuel stocks because young investor’s concerns about climate change are holding them down. On “Squawk Box,” Cramer compared oil and other fossil fuel stocks to the sigma attached to investing in tobacco companies, saying they are in the “death knell phase.” He added, ”They’re tobacco. I think
Home concept,Businessmen holding home keys krisanapong detraphiphat Many people entering the traditional home-buying years already have debt – student loans, of course. And those loans can make landing in a new house trickier. “Although many Americans have student loans, mortgage companies will still evaluate these outstanding debts while making their decision to approve or deny
Small business owner Stephanie Vitori has gone from burger delivery girl to owning one of South Beaches most buzzed about burger joints. Vitori is the owner of Cheeseburger Baby, a frequent hot spot for celebrity clients that include Beyonce, Kanye West, Diddy and Gabrielle Union. “We have a large celebrity clientele. Once the word got
One Medical’s waiting room One Medical One Medical parent 1Life Healthcare priced its initial public offering at $14 per share late Thursday, at the bottom of the expected range of $14-$16 per share. The health care services firm, which is not yet profitable, raised $245 million in gross proceeds through JP Morgan and Morgan Stanley.
Mondelez CEO Dirk Van de Put said on Thursday that he expects first-quarter revenue to be affected by the spread of the coronavirus, which has killed at least 171 people in China and infected more than 8,200 since emerging less than a month ago. The company has already closed two factories near the epicenter of
Shares of Caterpillar fell on Friday after reporting a revenue miss in the fourth quarter, citing “global economic uncertainty.” Industrial giant’s quarterly earnings came in at $2.63 per share adjusted, compared to an estimate of $2.37 per Refinitiv. However, its revenue fell 8% year-over year to $13.144 billion, below the estimate of $13.412 billion. CEO and
A deadly spreading virus is now worrying some of the world’s biggest companies. The word “virus” or “coronavirus” was mentioned by 27 different S&P Composite 1500 companies on earnings calls this week, according to CNBC’s screening using FactSet. The Wuhan virus has infected more than 6,100 people in China, topping the number of cases from
Dean Mitchell | E+ | Getty Images If you wait until you’re 70 to think about long-term care, you’re already late. With the national annual median cost of a private room in a nursing facility at $102,200, according to insurer Genworth’s 2019 Cost of Care Survey, lacking a thought-out plan can be a costly error.
This is a live blog. Please check back for updates. All times below in Beijing time. 8 am: China says death toll hits 213, cases rise to 9,692 China’s National Health Commission said there have been an additional 43 deaths and 1,982 new confirmed cases, as of the end of Thursday. That brings the country’s
Jeff Bezos, founder and chief executive officer of Amazon.com Inc., speaks at the National Press Club in Washington, D.C., on Thursday, Sept. 19, 2019. Andrew Harrer | Bloomberg | Getty Images Amazon’s ongoing effort to get orders to your doorstep more quickly is likely to drag down profit numbers when the company reports fourth-quarter results
Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Check out the companies making headlines after the bell: Amazon – The e-commerce giant’s stock surged more than 10% in extended trading after the company reported better-than-expected results for the fourth quarter. Amazon reported earnings of $6.47 per share on revenue of $87.44 billion, while analysts
What do the Mona Lisa, the Great Wall of China and Trolltunga have in common? It sounds like a bad travel joke, but the answer is — they are popular bucket list destinations for travelers around the world. The pop culture vernacular for “a checklist of things to do before one dies” has become a
Elon Musk Jim Watson | AFP | Getty Images Tesla CEO Elon Musk doesn’t have a lot of love for Wall Street – a fact he often mentions, including on Wednesday night’s earnings conference call. To begin with, Musk’s company hosts an nontraditional quarterly call with shareholders: After making a short statement about Tesla’s results,
Anfisa Kameneva | EyeEm | Getty Images Many workers don’t have access to retirement savings programs. That is changing. Now, efforts on both a national and state level aim to give more individuals access to plans. In December, Congress ushered in the Secure Act. Among the changes included in the legislation are new ways for
NOVOSIBIRSK, RUSSIA – JANUARY 30, 2020: A Rospotrebnadzor (Russian Federal Service for Consumer Protection and Welfare Supervision) official uses thermal imaging devices to remotely measure temperature of passengers arriving at Novosibirsk International Airport from Sanya, China, in connection with the outbreak of a pneumonia-like coronavirus in the Chinese city of Wuhan in December 2019. Kirill
Jeff Bezos Matthew Staver | Bloomberg | Getty Images Amazon is set to report fourth-quarter earnings after Thursday’s closing bell. Here are the key numbers: Earnings per share: $4.03 per share, according to analysts surveyed by Refinitiv Revenue: $86.02 billion, per Refinitiv Amazon Web Services: $9.81 billion, according to FactSet Amazon is expected to see
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