The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
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Dr. Anthony Fauci, Director at the National Institute of Allergy and Infectious Diseases, delivers remarks during a press briefing with Press Secretary Jen Psaki at the White House in Washington, U.S., April 13, 2021. Tom Brenner | Reuters Dr. Anthony Fauci, chief medical advisor to the White House, said Wednesday that Covid-19 infections are decreasing
Jason Lee | Reuters BEIJING — The U.S. Treasury said Tuesday it was postponing a ban on trading shares of companies with alleged links to the Chinese military. The new restrictions take effect June 11, versus the prior date of May 27. The move by U.S. President Joe Biden’s administration extends a grace period for
After being the epicenter of a devastating second wave, India’s wealthiest state is already taking steps to prepare for a possible third wave, according to its tourism and environment minister. The western state of Maharashtra, home to India’s financial capital Mumbai, has so far reported more than 5.4 million cases, including over 82,000 deaths from
In this article BTC.CB= Dado Ruvic | Reuters Crypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 trillion, putting it on nearly equal footing with
A health worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at the Senja-Cashew Community Centre Vaccination Centre in Singapore on March 8, 2021. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore has approved the use of the Pfizer-BioNTech coronavirus vaccine for children aged 12 to 15, authorities announced on Wednesday. Previously,
Pedestrians walk past the Nasdaq in New York on Sept. 3, 2020. Xinhua News Agency | Getty Images Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Monday evening after Wall Street kicked off the week with modest losses. Dow futures added 50 points, while contracts
President Joe Biden delivers remarks on the COVID-19 response and the vaccination program in the East Room at the White House in Washington, DC on May 17, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden warned Monday that coronavirus case numbers could rise once again in U.S. states with low Covid-19 vaccination
Traders on the floor of the NYSE. Source: NYSE Stock futures edged up in overnight trading on Sunday as the market looked to continue to rebound from last week’s sell-off triggered by inflation jitters. Futures on the Dow Jones Industrial Average rose 40 points. S&P 500 futures and Nasdaq 100 futures were both 0.2% higher.
A worker uses a thermometer to check the temperature of a customer as she enters a Starbucks shop as the country is hit by an outbreak of the new coronavirus, in Beijing, China January 30, 2020. A worker uses a thermometer to check the temperature of a customer as she enters a Starbucks shop as
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
In this article STZ After pledging to invest in minority enterprises, Constellation Brands made its first move, taking a stake in a Black-owned rosé company. Constellation, through its venture capital arm, is now backing La Fête du Rosé as part of its push to support Black, Latinx and minority-owned firms with $100 million by 2030.
Ohio Gov. Mike DeWine said Thursday that the state would end its participation in federal unemployment programs June 26. Justin Merriman | Getty Images News | Getty Images More than a dozen states are withdrawing from pandemic-era unemployment programs — forgoing billions of dollars in federal funds that would otherwise flow to out-of-work residents. Here’s
Thomas Fields, founder of GRIND basketball. Source: GRIND The term has become popular in pro basketball, but Thomas Fields really did “trust the process” as he lured money from investors, including Mark Cuban, to expand his company. Fields is the founder of GRIND, a sports equipment company, and convinced the Dallas Mavericks owner to buy
Sherry Ann Mohan, Managing Director at Goldman Sachs Source: Goldman Sachs Goldman Sachs continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC. Sherry
Dr. Peter Hotez argued that the real reason a number of Americans are not getting vaccinated is their political ideology. “They’re tying their political allegiance to the political right, unfortunately. And we’re seeing this play out in the bottom ten states in terms of vaccination coverage,” which is half of the coverage seen in the
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
Caroline Nicolls receives an injection of the Moderna Covid-19 vaccine administered by nurse Amy Nash, at the Madejski Stadium in Reading, west of London on April 13, 2021. STEVE PARSONS | AFP | Getty Images LONDON — The U.K. is preparing to deliver surge vaccinations and testing in areas where the new Covid-19 variant first