Josh Weinstein, Carnival Corporation CEO, joins ‘Money Movers’ to discuss the company’s quarterly earnings results, the company’s costs, and much more. Source link
Author: usaeverydaylife
SACRAMENTO, Calif. — If only for a little while, first-year Los Angeles Lakers coach JJ Redick was reliving his past life as a basketball podcaster. And the topic of this episode — recorded during his pregame media session before a game against the Sacramento Kings on Thursday night — was the NBA’s decline in television ratings.“I was hoping I wouldn’t have to provide takes anymore,” Redick said before settling into his seat and delivering his answer that lasted nearly four minutes. “I’ll try to be brief.”Redick, who hosted a podcast with LeBron James before taking this job last summer, cited…
Check out the companies making headlines in midday trading. JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked stocks — Shares of MicroStrategy , Coinbase and Robinhood were respectively trading 6%, 1% and 3% higher. The stocks had declined in early Friday trading in tandem with bitcoin prices falling from their highs . Novo Nordisk — The stock slid 17% on the heels of the Danish pharmaceutical giant’s experimental…
Jefferies has outsized conviction that five new stocks in its “Franchise Picks” list could outperform in the new year, including industrial plays Caterpillar and Flowserve . A disappointing Federal Reserve rate-cut outlook has sent stocks reeling in the past few days, with all three major indexes set to end the week in the negative. On Thursday, the Dow Jones Industrial Average narrowly ended a 10-day losing streak — its longest since 1974. Despite these downward moves, Jefferies still sees gains ahead in the new year for a select group of stocks. In a Friday note, the investment firm released its…
Starbucks Workers United union members and supporters on a picket line outside a Starbucks coffee shop in New York, US, on Thursday, Nov. 16, 2023. Victor J. Blue | Bloomberg | Getty ImagesStarbucks baristas in some locations are planning to strike through Christmas Eve, starting with cafes in Los Angeles, Chicago and Seattle on Friday.The strikes will escalate each day, covering new markets, as Starbucks Workers United pushes for better pay for baristas. Starbucks is “backtracking on our promised path forward,” the union said in a post on X announcing the strikes.The stoppage could mean longer waits for holiday drinks and…
A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in Orlando, Florida. Paul Hennessy | Anadolu | Getty ImagesA government shutdown is looming just as the peak holiday travel season gets underway.Lawmakers have been at an impasse and on Thursday voted down a short-term bill, which was backed by President-elect Donald Trump, to continue to fund the U.S. government. A shutdown could begin as early as 12:01 a.m. ET on Saturday if no deal is reached.Hundreds of thousands of government employees…
Even at the age of 28, Joe Burrow has experienced nearly all that the game of football offers. He’s played for an Ohio high school state title. He’s won a national championship and Heisman Trophy. He’s reached the Super Bowl, recovered from major injuries (twice), become the highest-paid player in the league, set franchise records and even used his fame to work the Paris Fashion Week runway.The Cincinnati Bengals quarterback has seemingly seen it all.He’s never seen this.Never in his life has Burrow been forced to play out the final month of a season with postseason games all but off…
Morgan Stanley still sees more upside ahead for Nvidia , despite its recent losses. The investment bank reiterated that the artificial intelligence chip maker is a top pick heading into 2025, reaffirming an overweight imvestment rating. The firm’s $166 price target implies about 27% upside from the stock’s Thursday close. “We have tended to be most enthusiastic on Nvidia when the near-term data points appear mixed, but underlying dynamics are very strong,” analyst Joseph Moore wrote to clients on Friday. “We think we are approaching that point now … there are a number of concerns here, some of which are…
Retailers are generally having a tough time right now, and looming tariffs aren’t going to make it any better. President-elect Donald Trump’s tariff proposals — including 25% tariffs on all imports from Mexico and Canada and an additional 10% on goods from China — are widely expected to cause an increase in some prices as they raise sourcing costs. Consumers are already under strain and continue to clamp down on discretionary spending, while the Federal Reserve’s expectation for fewer rate cuts next year have only added to concerns about sticky inflation. The biggest risk for retailers heading into 2025 is…
Who will win the first 12-team College Football Playoff? Six teams received at least one vote in our survey of 30 college football writers and editors at The Athletic, a big change from 10 years of postseason tournaments in which only four teams were in the field.Though Oregon got a majority of the votes, plenty of variety emerged as our staff filled out their brackets ahead of the first round, which begins with Indiana at Notre Dame on Friday night. In fact, even No. 12 seed Clemson, which has three losses, got a national championship vote.Here’s who we picked and how…
