Tag Breaking News: Business

Trump seeks UAW endorsement while criticizing EVs, Biden in Michigan

Trump seeks UAW endorsement while criticizing EVs, Biden in Michigan

Former U.S. President Donald Trump speaks throughout an autoworker-focused marketing campaign rally at auto provider Drake Enterprises, on Sept. 27, 2023 in Clinton Township, Michigan. Michael Wayland / CNBC CLINTON

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SpaceX wins first Pentagon contract for Starshield, its satellite network for military use

SpaceX wins first Pentagon contract for Starshield, its satellite network for military use

An uncaptioned picture posted on the corporate’s web site seems to point out Starshield expertise in orbit. SpaceX The Pentagon has awarded Elon Musk’s SpaceX its first confirmed contract for

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Peloton shares soar on digital content material, apparel partnership with Lululemon

Peloton shares soar on digital content material, apparel partnership with Lululemon

Jen Van Santvoord rides her Peloton train bike at her dwelling in San Anselmo, California. Ezra Shaw | Getty Images Peloton shares spiked Wednesday after the corporate introduced a five-year

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Investors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

Investors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

Traders work on the ground of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters A majority of Wall Street buyers have

Continue ReadingInvestors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

What Cramer thinks a potential government shutdown, auto strike mean for equities

What Cramer thinks a potential government shutdown, auto strike mean for equities

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Equities surrender good points Costco

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UAW strikes threaten already vulnerable auto parts suppliers

UAW strikes threaten already vulnerable auto parts suppliers

Members of the United Auto Workers union maintain a apply picket in entrance of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images As

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Levi’s Strauss CEO says his biggest mistake was not firing the wrong people fast enough

Levi’s Strauss CEO says his biggest mistake was not firing the wrong people fast enough

Pedestrians stroll previous a Levi’s retailer in Midtown Manhattan. Sopa Images | Lightrocket | Getty Images The CEO of the world’s most well-known denim denims firm mentioned he knew from

Continue ReadingLevi’s Strauss CEO says his biggest mistake was not firing the wrong people fast enough

Hollywood writers strike to end on Wednesday as WGA, AMPTP finalize labor contract

Hollywood writers strike to end on Wednesday as WGA, AMPTP finalize labor contract

Striking WGA (Writers Guild of America) members picket with hanging SAG-AFTRA members outdoors Paramount Studios on September 18, 2023 in Los Angeles, California. Mario Tama | Getty Images Hollywood writers

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Costco delivers a strong quarter, and we see two catalysts ahead that could boost the stock

Costco delivers a strong quarter, and we see two catalysts ahead that could boost the stock

Costco Wholesale (COST) delivered stable fiscal 2023 fourth-quarter outcomes after the closing bell Tuesday, beating expectations on each the prime and backside traces and enhancing gross margins yr over yr.

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Costco tops quarterly earnings expectations, even as sales remain soft

Costco tops quarterly earnings expectations, even as sales remain soft

Costco on Tuesday reported quarterly earnings that topped Wall Street’s expectations, as buyers turned to the membership membership for groceries however purchased fewer big-ticket gadgets. On an earnings name, Chief

Continue ReadingCostco tops quarterly earnings expectations, even as sales remain soft