Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported its quarterly sales grew by more than 5% as consumers bought more of its Tostitos and pancake mixes. Shares of the company rose 2% in premarket trading. Here’s what the company reported compared with
Nikola Motor Company Badger pickup truck Source: Nikola Motor Company Nikola shares surged on Thursday, one day after the company said its production timeline and factory plans remain on track amid widespread investor anxiety regarding the company’s business as well as its planned deal with General Motors. The stock soared by as much as 31%
As the last few months have seen interest rates drop, you may be wondering if now is a good time to consider refinancing your mortgage. If the prevailing rates are at least 0.75% lower than your current rate, it’s something that’s certainly worth looking into. But as you do your research, you’ll need to factor in
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images The October market story is really complicated. If you thought September was confusing, October is not likely to be any better, and it could be significantly rockier. That’s because the “buckets” that
sturti | E+ | Getty Images Alfred Abraham has had colon cancer, prostate cancer, open heart surgery and his left eye removed. Yet at 100, he’s still alive and well. Every day, he and his partner Brian eat fruit and salad and go for walks. He and his family were planning a big party to
More than six months into the pandemic, layoffs show no sign of abating any time soon. undrey | iStock | Getty Images 1. Apply for unemployment You should file for unemployment as soon as possible, experts say. Amid the pandemic, wait times for your benefits can be longer than usual and you want to avoid
By Dr. Sharon K. Inouye, Next Avenue Contributor and Director of Aging Brain Center getty Imagine the end of the pandemic — with new cases and deaths trending down towards zero — a time we are all eagerly anticipating. Key to achieving this goal will be the development of effective treatments and vaccines. Yet, based
getty The Irish Supreme Court has ruled that the bread used to make Subway sandwiches cannot be defined as bread. The ruling was the result of a tax case. Bookfinders Ltd, a Subway franchisee, claimed that it should be exempt from value-added tax (VAT) since many products it sells are considered “staple foods.” In the
One of the branded residences at the prestigious Amanzoe hotel in Porto Heli, Greece Dolphin Capital Growing in popularity, hotel-branded residences can offer investment potential for buyers and added value to the surrounding community. Checking out of a five-star hotel is never easy: it’s hard to say goodbye to the swish amenities; pristine suites; and
Visitors watch the dolphins show while keeping one bench as safety distance at the Madrid Zoo Aquarium Park on August 25, 2020, in Madrid, Spain. Miguel Pereira | Getty Images News | Getty Images There is cause for cautious optimism in some European countries battling the second wave of the coronavirus pandemic, as the rate
GAC unveiled its electric sports car prototype on Sept. 26, 2020, at the Beijing auto show. Evelyn Cheng | CNBC BEIJING — Some of the flashiest items Chinese companies had on display at the first major auto show since the coronavirus pandemic were concept sports cars. While vehicle sales for state-owned Guangzhou Automobile Group (GAC) fell 9.87%
CNBC’s Scott Wapner talks to Chamath Palihapitiya, Social Capital Founder and Chief Executive Officer during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC Outspoken technology investor Chamath Palihapitiya said Wednesday that the Federal Reserve will have more influence over the markets in the next four years than whomever takes the White House in November.
In the wake of the coronavirus crisis, many American families are under severe financial strain. Meanwhile, others are also facing a $40,000 college tuition bill. Nearly 40% of parents who didn’t plan to apply for federal aid, now will as a result of the pandemic, according to a recent survey by Discover Student Loans. Roughly
When o.d.o. by Odo reopens its dining room for the first time in more than six months on Wednesday evening, the 14-seat chef’s counter that helped create its intimate atmosphere will be empty. Instead, up to eight diners will sit in a private dining room after getting their temperatures checked to enjoy a prix fixe
By Richard Eisenberg, Next Avenue Managing Editor getty Millions of Americans are rightly concerned about the future solvency of Social Security. But there’s another key Social Security concern: the prevalence of people starting to claim their Social Security benefits early, depriving them of larger payments from the government by delaying. When to begin claiming Social
Piggy Bank, Alarm Clock and Calculator getty Pandemic or not, the time has come for freelancers and the self-employed to be prioritized by the fintech industry. In Germany, freelancers spend an average of 25 days and €3000 ($3,510) a year attempting to organize their finances through disparate banking, accounting and tax advisory services. Due to
Restore Oakland, a restorative justice center designed by nonprofit Designing Justice + Designing … [+] Spaces supports alternate means of justice for crimes. Photo: Emily Hagopian Today, the New York Chapter of the American Institute of Architects released a statement from its board of directors calling on architects to halt designing projects that support the
Software giant Salesforce.com on Wednesday announced that it is expanding the scope of its workplace health monitoring applications to help in vaccine distribution programs. The company launched the Work.com for Vaccines platform to help governments deploy vaccines developed for various diseases, including any of a number of highly anticipated Covid-19 vaccines under emergency development to
U.S. stock futures were flat in overnight trading, as investors braced for the start of the fourth quarter with hopes of fiscal stimulus. Dow futures rose 30 points. S&P 500 futures and Nasdaq 100 futures ticked up 0.18% and 0.12%, respectively. The House of Representatives delayed the vote on a $2.2 trillion rescue package on
Joshua Harris, Apollo Global Management Co-Founder speaks during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC A notable private equity investor said Wednesday that the boom in special purpose acquisition companies was not just a passing fad. Apollo Global Management co-founder Joshua Harris said at the Delivering Alpha conference presented by CNBC and