Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks lost billions of dollars in sales this year due to the coronavirus pandemic, but investors want to know more about the global coffee giant’s plans for driving growth in the years to come after the crisis. On Wednesday afternoon, the company is slated to present its
Month: December 2020
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food maker reported quarterly profit of $1.02 per share, 11 cents a share above estimates. Revenue topped forecasts as well. Campbell also raised its quarterly dividend by 6% to 37 cents per share. The shares gained 1.5% in
Unlike airlines and hotels, cruise ships are having a hard time getting business restarted this year. Now even one so-called “cruise to nowhere” has found itself curtailed. Royal Caribbean’s Quantum of the Seas passenger cruise ship cut short its four-day itinerary on Wednesday, returning to Singapore a day early after an 83-year-old male passenger tested
Whether workers get a windfall from Uncle Sam or wind up owing taxes mostly comes down to filling out one form correctly – and few people are doing it. In fact, 45% of the people polled by the American Institute of CPAs said they don’t know when they last reviewed the amount of tax withheld
Spark token airdrop comes with an unintended tax bill that recipients need to be aware of. People who hold XRP on certain exchanges as of December 12, 2020 are receiving an equivalent amount of Spark token via an airdrop. Spark is the native token of the Flare network. Spark Airdrop Taxes According to the IRS Rev.
A report by the Proceedings of the National Academy of Sciences has explored the geography of insecure water access across the United States, remarking that safe, reliable, and equitable water access is a fundamental human right that proves critical to both health and livelihoods. Interestingly, the U.S. still has major problems when it comes to
Retirees can plan for giving to family responsibly. And don’t forget other ways to give! getty It’s that time of year when many retirees think about financially helping their adult children and grandchildren or donating to the charitable causes they care about. At this stage in life, it’s quite natural that retirees want to give
The chief medical officer at Presbyterian Healthcare Services, Dr. Jason Mitchell, told CNBC that doctors are doing “everything we can do” to prevent rationing care as his state’s governor signed an executive order that moved New Mexico a step closer to rationing care at any place where patients are being treated for coronavirus. “It’s really
People wearing face masks move packs of vegetables at a wholesale market for agricultural products, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 19, 2020. Tingshu Wang | Reuters BEIJING — China’s consumer price index fell in November for the first time in about a decade as
Legendary artist Dolly Parton has truly done it all. She has received 50 Grammy Award nominations, three Emmy Award nominations and one Tony Award nomination, has sold over 100 million albums worldwide, created theme park Dollywood and starred in multiple Netflix specials, all while building The Dollywood Foundation where she started book-gifting program Dolly Parton’s Imagination
A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters BlackRock has raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines. The firm is raising equities from neutral on a tactical basis, meaning over a
Senate Minority Leader Chuck Schumer, Democrat of New York, holds a press briefing on Capitol Hill in Washington, DC, on November 6, 2020. Nicholas Kamm | AFP | Getty Images Senate Minority Leader Chuck Schumer, D-N.Y., has called on President-elect Joe Biden to forgive up to $50,000 for student loan borrowers. “Ahead of the new
Economic Security Planning, Inc. Today’s column addresses questions about when and whether delayed retirement credits (DRCs) are applied to benefit rates, eligibility of exes to file for benefits on a person’s Social Security record and pensions based on work not taxed by Social Security. Larry Kotlikoff is a Professor of Economics at Boston University and
When it comes to these homes, it’s all about location, location, location. From a modern tour de force in Los Angeles to a sprawling villa in southeastern France, there’s no shortage of scenery with these world-class properties. Here’s a closer look at what about $15 million buys in the Bel-Air, Mougins and Vail Valley housing
By Kerry Hannon, Next Avenue getty Running a home business can be lonely, especially during the pandemic. But creating a support group of other entrepreneurs working at home can be the solution — and it could boost your profits. Just ask Russ Eanes, 63, who founded the editing and self-publishing business Walker Press three years
Anthony Fauci, MD, Director, National Institute of Allergy and Infectious Diseases, National Institutes of Health, testifies during a U.S. Senate Senate Health, Education, Labor, and Pensions Committee Hearing to examine COVID-19, focusing on an update on the federal response at the U.S. Capitol in Washington, D.C., U.S., September 23, 2020. Graeme Jennings | Reuters The
Katrina Lake, co-founder and chief executive officer of Stitch Fix Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Tuesday: Stitch Fix — Shares of the clothing subscription service soared 45% after the company beat top and bottom-line estimates during its fiscal first-quarter results . Stitch Fix earned
It looks Dallas Mavericks’ billionaire owner, Mark Cuban, will take a financial hit this NBA season no matter how many games his team wins. “Am I going to lose a lot of money this year? Yes. No question about it. More than $100 million when this is all said and done? Yes. No question about
Adam Jeffery | CNBC Wealthfront has named former Federal Deposit Insurance Corporation head Sheila Bair and ex-Comptroller of Currency Thomas Curry to an advisory group created to help the fintech firm push further into financial services, CNBC has learned. Bair is best known for steering the FDIC through the 2008 financial crisis, pushing back against
Getty Images We’ve officially reached the last month of 2020. For many investors, that may prompt a sigh of relief. But financial advisors say this is a great time to step back and assess which year-end financial moves you need to make now and revisit your money strategy to set yourself up for a prosperous
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