Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine. But Abramovich will remain Chelsea owner and the Russian billionaire, who has invested over
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In this article AAPL BRK.A Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades. In his annual
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian Community, Spain. Carme Ripolles | Europa Press | Getty Images Russia’s invasion of Ukraine this week is ripping through the air travel industry,
In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
In this article AIR-FR As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in Ukraine. The CEO of Airbus, which is based in Toulouse, France, believes an expected surge
In this article ETSY BYND FL Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth
In this article DIS Guests dine in the Crown of Corellia Dining Room during a performance by galactic superstar Gaya. Disney Immersion takes on new meaning aboard Disney’s newest theme park attraction, the Star Wars Galactic Starcruiser. From the moment passengers board the shuttles to the Chandrila Star Lines’ starcruiser known as the Halcyon, the
The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fallout. “The U.S. is an island of growth,” the firm’s chief investment strategist told CNBC’s “Fast Money” on Thursday. “The U.S. is one of the only major economies in
In this article BYND Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Images Beyond Meat on Thursday reported a wider-than-expected loss and shrinking revenue for its fourth quarter. Shares of the company fell
In this article GCI SEAS LYV BABA MRNA W Check out the companies making headlines before the bell: Live Nation (LYV) – The live event producer’s shares jumped 5.4% in a down market after reporting better-than-expected quarterly revenue and saying it has already sold 45 million tickets for 2022 events even as ticket prices rise
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
In this article BIRD BBWI REAL EBAY BKNG Signage at eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Booking Holdings — Shares of the travel booking site operator rose more than 2% in after-hours
In this article KHC Hot dogs could be the next grocery store item to get a plant-based makeover. Kraft Heinz announced Tuesday that it is forming a joint venture with The Not Company, a Chilean startup valued at $1.5 billion that creates plant-based substitutes for eggs, milk and meat. Shares of Kraft Heinz closed up
U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average advanced 85 points. S&P 500 futures gained 0.35%, while Nasdaq 100 futures rose 0.5%. During regular trading the Dow fell
In this article MOS RRC SPCE PANW Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Palo Alto Networks — Shares of the cybersecurity company gained 6% during extended trading Tuesday
Geri Lavrov | Moment | Getty Images More than half of unemployed men in their 30s have criminal records — a dynamic with implications for hiring practices and ongoing challenges finding workers during the pandemic-era labor crunch, according to research published by economists at RAND Corp. About 6% of men at age 35 are unemployed,
In this article AMZN WMT TGT Walmart is debuting the spring collection of Free Assembly, created by fashion designer Brandon Maxwell. Walmart As shoppers get ready for spring, Walmart is debuting new fashion-forward apparel to try to reel in consumers seeking style on a budget. The retailer is unveiling the spring collections for Free Assembly
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — Chinese President Xi Jinping told top leaders to speed up work on new laws for