Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations. Brendan McDermid | Reuters BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as
Month: September 2023
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations. The company announced plans to cancel and refund bookings for stays after Dec. 1, according to the Associated Press, after long-planned regulations aimed at curbing illegal short-term rentals
Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | GGetty Images U.S. billionaire Ray Dalio says new investors should have a diversified portfolio as economic and geopolitical headwinds persist. “I would like to have diversification, because what I don’t know is
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Usually when a person or company sells something, the
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq While macro uncertainty continues to distract investors, it is prudent to focus on companies that are well-positioned to navigate challenges with their solid execution and deliver attractive growth over the long term by capitalizing on secular trends. Here are five such stocks chosen by
Suriyapong Thongsawang | Moment | Getty Images Inflation is broadly retreating in the U.S. economy. But starting in October, health insurance is poised to act as a countervailing force that buoys inflation for about a year, economists said. That’s significant at a time when policymakers are using inflation data to determine how to set interest
The pithy aphorism that “the best things in life are free,” while no doubt well-intentioned, is simply false. It’s slightly more accurate to suggest that the best things in life can’t be bought, but even this claim can be quickly debunked when you attempt to concoct a scenario in which nary a single penny was
In this article CMG YUM QSR-CA MCD Follow your favorite stocksCREATE FREE ACCOUNT Flags are flown at a car caravan and rally of fast food workers and supporters for passage of AB 257, a fast-food worker health and safety bill, on April 16, 2021 in the Boyle Heights neighborhood of Los Angeles, California. Mario Tama
In this article Follow your favorite stocksCREATE FREE ACCOUNT is a leading semiconductor intellectual-property supplier, designing chip technology that is used in high-tech gadgets, including most of the world’s mobile phones. The company then licenses that tech out to the industry’s major players and collects royalties. Roughly five chips in every smartphone are based on
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT MALIBU, California – The most amazing thing about the $2.1 million Rimac Nevera is how easy it is to just get in and drive. The Nevera is an electric hypercar from Croatia. It sits low — very low — to the ground, and at first
Pedestrians walk past a Pizza Hut restaurant and a KFC restaurant, both operated by Yum China, in Beijing, China, on Sept. 5, 2020. Bloomberg | Bloomberg | Getty Images BEIJING — Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey
In this article UPS AAL DAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC More companies are warning that a surge in the cost of fuel and employee pay hikes will eat into profits this quarter. Companies from aerospace manufacturers to package delivery
General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Bryan Woolston | Reuters Check out the companies making headlines before the bell. KeyCorp — The Cleveland-based regional bank rose almost 2% premarket after Piper Sandler said the shares
Mark Cuban has “a secret that all successful people know,” he says: Beware of anyone who claims they can sell you a foolproof strategy for making easy money. “When you see somebody on social media telling you how they’re going to make you money, they’re lying,” the billionaire entrepreneur and investor told his 940,000-plus TikTok
In this article CTLT Follow your favorite stocksCREATE FREE ACCOUNT Rows of glass vials in a biologics laboratory in Sweden. Photographer: Mikael Sjoberg/Bloomberg Bloomberg Creative | Bloomberg Creative Photos | Getty Images Company: Catalent (CTLT) Business: Catalent develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. The
EmirMemedovski | E+ | Getty Images This August, two years into their relationship, Yumi Temple and her boyfriend, Daniel, moved into their first apartment together, in Denver. It was Temple’s first time living with another person, outside of family, and she quickly learned there was a lot to navigate. The couple decided to see a
It might seem obvious that you’d want to work with a broker who has high standards when you’re selling your home or commercial property. Certainly, there are various requirements that salespeople must have to operate in the market. However, it can be important to check for signs that the broker will act ethically throughout the
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s fast food restaurant is seen in Belmont, United States on April 03, 2023. Tayfun Coskun | Anadolu Agency | Getty Images After California lawmakers passed a landmark fast-food bill, an independent advocacy group of McDonald’s owners is pushing back against what it says
Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair at the Iowa State Fairgrounds, Aug. 12, 2023. Demetrius Freeman | The Washington Post | Getty Images Former President Donald Trump complained that interest rates are too high and indicated that if he gets another
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