In a wide-ranging speech during the opening session of the 20th Chinese Communist Party’s Congress, Xi spoke firmly about China’s resolve for reunification with the self-governed island, which Beijing considers part of its territory. Noel Celis | AFP | Getty Images BEIJING — Chinese President Xi Jinping said China reserves the option of “taking all
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In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the social media platform, Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. Rafael Henrique | Lightrocket | Getty Images Former President Donald Trump’s media company fired an executive
China’s President Xi Jinping kicks off the ruling party’s 20th National Congress — held once every five years — with an opening speech at the Great Hall of the People in Beijing on Oct. 16, 2022. The week-long event is expected to pave the way for him to stay on for an unprecedented third five-year
A smartphone with the Starlink logo displayed on the screen. Sopa Images | Lightrocket | Getty Images Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces. “The hell with it,” the billionaire tweeted, “even though Starlink
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Edge” that he sees the Russia-Ukraine war fallout and OPEC+ oil cuts as key bullish catalysts for oil. “If you look at
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to
In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading
In this article ACI KR Follow your favorite stocksCREATE FREE ACCOUNT A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off its $24.6 billion deal to buy rival grocery
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added
In this article KR ACI Follow your favorite stocksCREATE FREE ACCOUNT Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted Thursday morning after news that two companies are deep in talks. The stock was up more than 11%
In this article GS AAPL Follow your favorite stocksCREATE FREE ACCOUNT Todd Haselton | CNBC Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press release Thursday, Apple said the feature is expected to launch in
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to post another profit in the last quarter
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices staying at current levels, supply chain problems continuing to ease and vehicle prices starting to roll over. Everything else, Zandi believes,
I’m sure every person in Los Angeles has visited a convenience store at least once for a drink, a lottery ticket, a pack of gum, or an array of other essential items that make our days complete. Given our familiarity with convenience stores, we take for granted the convenience these stores actually provide. Bassem Nowyhed,
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, called the Polestar 3, is a five-passenger EV that the company describes as
Google’s senior vice president of advertising and commerce Sridhar Ramaswamy Krisztian Bocsi | Bloomberg | Getty Images A top former Google executive wants to make searching the blockchain easier with his new startup. Sridhar Ramaswamy, who led the internet giant’s ad business from 2013 to 2018, has started a new company called nxyz. The venture is
JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News Daily, and is expected to
In this article META AMGN WBA LVS LEG WYNN ZS NFLX Follow your favorite stocksCREATE FREE ACCOUNT A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out the companies making headlines in midday trading. Amgen —