Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 8, 2024. Michael M. Santiago | Getty Images The S&P 500 bounced back on Thursday, posting its first positive day in a week that has been beset by higher rates. The S&P 500 added 0.21% to 5,809.86 and snapped […]
Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters on September 26, 2024 in Dallas, Texas. Sam Hodde | The Washington Post | Getty Images Southwest Airlines and activist hedge fund Elliott Investment Management struck a deal to avert a proxy fight in exchange […]
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Burger King and Taco Bell owner Yum Brands have pulled onions from select restaurants following an E. coli outbreak tied to McDonald’s. “As we continue to monitor the recently reported E. coli […]
A McDonald’s Quarter Pounder hamburger is shown in this photograph, in New York’s Times Square, Wednesday, Oct. 23, 2024. An E. coli outbreak has been traced to McDonald’s Quarter Pound hamburgers served with raw slivered onions. Richard Drew | AP The Food and Drug Administration said Thursday that it’s investigating whether Taylor Farms, a supplier […]
Steve Christo – Corbis | Corbis News | Getty Images Novo Nordisk‘s blockbuster diabetes drug Ozempic may reduce the risk of developing Alzheimer’s disease, suggesting its potential to delay or prevent the memory-robbing condition, according to a study released Thursday. Semaglutide, the active ingredient in Ozempic, was associated with a 40% to 70% lower risk […]
Since the beginning of the calendar year 2024, silver has experienced impressive gains, rising by 33.65%. (AI image) Gold vs Silver buying: Silver presents an attractive option for aggressive investors seeking portfolio diversification and alpha generation beyond traditional equities, believe analysts. Despite the recent surge in domestic prices, which saw silver reach the Rs 1 […]
NEW DELHI: Amid a bumper paddy crop, government has decided to scrap the export duty on parboiled rice and removed the Minimum Export Price (MEP) on overseas shipments of non-basmati white rice, moves that will force countries from Thailand and Vietnam to Pakistan to cut prices in the international market to deal with additional stocks.This […]
David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Adam Jeffery | CNBC Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital’s David Einhorn said shares of the company are significantly undervalued, CNBC has learned. Einhorn made the pitch at the Robin Hood Investors Conference. […]
Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP | Getty Images The Consumer Financial Protection Bureau ordered Apple and Goldman Sachs on Wednesday to pay more than $89 million for mishandling consumer disputes related to Apple […]
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Yet another study […]
