A Thai investor checks an electronic board showing stock prices. Amphol Thongmueangluang | SOPA Images| LightRocket | Getty Images Some 2021 Asia-Pacific IPOs have seen a sharp reversal in their fortunes since their strong market debuts. At the top of the list is Chinese short video company and Tiktok-rival Kuaishou, which more than doubled from
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FG Trade | E+ | Getty Images Vanguard investors have been grappling with partial website outages over the past several days that have blocked some customers from trade confirmations, certain statements and forms. These interruptions may cause problems for those making year-end transactions, such as required minimum distributions, as there’s a 50% penalty for missing the
In this article DIDI AKAM VSCO CALM BABA TSLA Check out the companies making headlines before the bell: Cal-Maine Foods (CALM) – The nation’s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs
A person performs a self-swab test for COVID-19 in the Brooklyn borough of New York, the United States, Dec. 17, 2021. Michael Nagle | Xinhua News Agency | Getty Images People infected with the heavily mutated omicron variant of Covid-19 may have increased immune protection against delta, a new study says. As a consequence, omicron
Marko Geber | DigitalVision | Getty Images Employers are increasingly putting retirement savings on autopilot for their workers. About 62% of businesses with a 401(k) plan used automatic enrollment in 2020, up from 60% the year prior and 46% a decade ago, according to the Plan Sponsor Council of America, a trade group. This feature
In this article TAP ABI-BE PEP SAM 2587.T-JP KO RI-FR Topo Chico Hard Seltzer Source: Coca-Cola Bud Light is adding cola and orange soda to its seltzer, Mountain Dew is moving into the alcohol aisles and Molson Coors has a whiskey brand. In the hunt for growth, beverage companies are experimenting in new categories, blurring
In this article GDDY Spencer Platt | Getty Images Activist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in shares of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory filing. The new stake became the biggest
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., on Wednesday, Dec. 1, 2021. Jim Lo Scalzo | EPA | Bloomberg | Getty Images The federal government should consider requiring Covid-19 vaccines
New cars for export wait for shipping at a seaport in Yantai, China on September 7, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Chinese authorities will allow full foreign ownership of passenger car manufacturing in the country beginning Jan. 1, 2022. That’s according to a release Monday from the Ministry of
Your car may be more valuable than what’s in your portfolio. Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage,” the Bianco
In this article MON Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrencies have had yet another wild year. Bitcoin, the world’s largest digital asset, has seen a roughly 65% gain since January — with some
Glittering pine trees, Santa Claus and stockings are part of many people’s ideas of Christmas, but the holiday can look vastly different around the globe. From Europe to Asia to the depths of Antarctica, here’s how Christmas is celebrated in nine places around the world — and one place orbiting around the world. Croatia Christmas
In this article TSLA SFIX NVAX 9618-HK NKLA AVO Check out the companies making headlines before the bell: Novavax (NVAX) – Novavax jumped 3.4% in the premarket after the drugmaker said a two-dose treatment of its Covid-19 vaccine demonstrated strong immune responses against the omicron variant. It did add that the response to omicron was
Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, “we’re trying to play around the edges,” Laffer Tengler Investments’ Nancy Tengler told CNBC’s “Trading Nation” on Thursday. “There’s two ways for investors to nibble
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Images Nikola shares jumped
Michael Rubin joined rapper Lil Baby in a scrimmage game that featured the children who attended REFORM Alliance night. Photo: Shareif Ziyadat and Studio 76 Throughout 2021, Fanatics chairman Michael Rubin spent his time bringing his company to an $18 billion e-commerce empire. He took over Major League Baseball’s trading card license, guaranteed $1 billion
In this article .STOXX .FCHI .GDAXI .FTSE LONDON — European markets are set to open slightly lower in what’s likely to be a thin trading session on Christmas Eve, with traders keeping a watchful eye on the latest developments around the omicron Covid variant. Britain’s FTSE 100 is seen losing 19 points at 7,362, Germany’s
Christmas shoppers in London on Dec. 23, 2021. Hasan Esen | Anadolu Agency | Getty Images LONDON — People are far less likely to be admitted to hospital with the omicron Covid variant than the previous delta strain, according to a U.K. government study published Thursday. The U.K. Health Security Agency said individuals with omicron