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   NEWS: CNBC BUSINESS
CNBC Business
Jul 23, 2021

Boston Beer CEO acknowledges Q2 hard seltzer sales miss - ‘we don't look very smart'
Boston Beer CEO David Burwick said the company's hard seltzer sales dropped fast when people retuened to bars this summer.

CNBC Business
Jul 23, 2021

Cramer's week ahead: The most important week of earnings season
"This is the toughest week of the quarter when it comes to making informed financial decisions," CNBC's Jim Cramer said ahead of reports from Apple and others.

CNBC Business
Jul 23, 2021

M. Night Shyamalan's 'Old' falls flat, bogged down by clunky dialogue and 'ham-fisted' explanations, critics say
"Old" currently holds a 55% "Rotten" score on Rotten Tomatoes from 153 reviews.

CNBC Business
Jul 23, 2021

National ballet company predicts largest audiences in years for its return after Covid halt
"I think that the audiences are ready, they've missed us, and they're eager to come back," ABT Executive Director Kara Medoff Barnett told CNBC on Friday.

CNBC Business
Jul 23, 2021

Former Virgin Galactic CEO to launch on the company's next spaceflight test
George Whitesides, the former CEO of Virgin Galactic, will fly on the company's next spaceflight test, CNBC has learned.

CNBC Business
Jul 23, 2021

National ballet company predicts largest audiences in years for their return after Covid halt
"I think that the audiences are ready, they've missed us, and they're eager to come back," ABT Executive Director Kara Medoff Barnett told CNBC on Friday.

CNBC Business
Jul 23, 2021

Trump friend Tom Barrack ordered released on $250 million bond, his SPAC pulls SEC registration, IPO plan
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump's campaign and presidency.

CNBC Business
Jul 23, 2021

How a Walmart worker with Down syndrome — and her sister — fought and beat the giant retailer after getting fired
The former Walmart employee's sister says she hasn't stopped fighting and wants to make sure no other employees with disabilities wrongfully lose their jobs.

CNBC Business
Jul 23, 2021

Israel says Pfizer Covid vaccine is just 39% effective as delta spreads, but still prevents severe illness
Pfizer and BioNTech's Covid-19 vaccine is just 39% effective against delta in Israel, but still provides strong protection against severe illness and hospitalization.

CNBC Business
Jul 23, 2021

Sweltering temperatures expected across U.S. next week as heat dome descends on Midwest, Great Plains
High temperatures next week will be the result of a heat dome, a strong high pressure system of air that descends from the atmosphere and heats up near land.

CNBC Business
Jul 23, 2021

Ponzi schemer Madoff earned $710 for almost 3,000 hours of prison work, got 'not very dependable' review
Bernie Madoff died in prison, where he was serving a 150-year sentence for running the largest Ponzi scheme in history, swindling thousands of victims.

CNBC Business
Jul 23, 2021

'Snake Eyes' is a boring, joyless slog of a film, critics say
Paramount's "Snake Eyes" arrives in theaters on Friday with a 41% "Rotten" score from Rotten Tomatoes, the aggregate of 70 reviews.

CNBC Business
Jul 23, 2021

Covid cases are rising again in all 50 states across U.S. as delta variant tightens its grip
Louisiana, Arkansas, Missouri, Florida and Nevada are reporting the highest daily average of new cases per capita over the past week.

CNBC Business
Jul 23, 2021

Stocks making the biggest moves midday: Twitter, Snap, American Express and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
Jul 23, 2021

The drought-stricken Western U.S. braces for 'water wars'
The Western U.S. is facing drought conditions that are straining water resources, hurting agriculture and providing a fertile ground for wildfires.

CNBC Business
Jul 23, 2021

Work flexibility ‘here to stay' in post-Covid world, says director at three Fortune 500 companies
"I believe there's going to continue to be hybrid offerings,' said Shellye Archambeau, a director at Verizon, Nordstrom and Roper Technologies.

CNBC Business
Jul 23, 2021

Tuition insurance may help cover costs if a student withdraws from college
The possibility of more campus closures has sparked renewed interest in college refund policies and tuition insurance.

CNBC Business
Jul 23, 2021

Tom Barrack SPAC pulls SEC registration, IPO plan as Trump ally's bail hearing is moved to Friday in LA
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump's campaign and presidency.

CNBC Business
Jul 23, 2021

Tom Barrack SPAC pulls SEC registration, IPO plan as bail hearing for Trump ally moved to Friday in L.A.
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump's campaign and presidency.

CNBC Business
Jul 23, 2021

Cleveland's baseball team is changing name to the Guardians
The team had for years faced pressure to the racially offensive name it has been known as for more than a century.

CNBC Business
Jul 23, 2021

GM issues second recall of Chevy Bolt EVs after vehicles catch fire
GM said officials with the automaker and LG Energy Solution, which supplies the battery cells, have identified a second "rare manufacturing defect" in the EVs.

CNBC Business
Jul 23, 2021

Boston Beer stock tumbles 26% after weak Truly hard seltzer sales weigh on earnings
Shares of Boston Beer tumbled 26% in morning trading after disappointing demand for hard seltzer dragged down the company's quarterly earnings and revenue.

CNBC Business
Jul 23, 2021

'Don't want to get vaccinated, leave' — hedge fund founder mandates Covid shots in his office
"If somebody wants to fight me over the vaccine mandate, that's fine. Let's take it to the court," SkyBridge's Anthony Scaramucci told CNBC.

CNBC Business
Jul 23, 2021

Jadon Sancho: Manchester United sign England winger from Borussia Dortmund for £73 million
Sancho has signed a five-year deal at United, with an option of a further year.

CNBC Business
Jul 23, 2021

Farming and solar power set to combine in Netherlands-based pilot project
The pilot project, known as Symbizon, is slated to last four years.

CNBC Business
Jul 23, 2021

Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more
These are the stocks posting the largest moves before the bell.

CNBC Business
Jul 23, 2021

Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings
Shares of Boston Beer tumbled 21% in premarket trading after disappointing demand for hard seltzer dragged down the company's quarterly earnings and revenue.

CNBC Business
Jul 23, 2021

After being ravaged by the delta Covid variant, how is India doing now?
What's the pandemic picture like in India, where the delta variant first emerged?

CNBC Business
Jul 23, 2021

These companies are sucking carbon out of the atmosphere — and investors are piling in
Carbon capture is becoming increasingly popular among investors, and these companies are at the forefront.

CNBC Business
Jul 23, 2021

5 things to know before the stock market opens Friday
Dow futures rose Friday, in what could be the fourth straight positive session after Monday's major plunge.

CNBC Business
Jul 23, 2021

Hours before the Tokyo Olympics opening ceremony, IOC says all possible safety measures have been taken
The International Olympic Committee says organizers have done all they can to ensure a safe games as the coronavirus pandemic rages on.

CNBC Business
Jul 23, 2021

Hours before the Tokyo Olympics opening ceremony, the IOC says everything that can be done has been done
The International Olympic Committee says organizers have done all they can to ensure a safe games as the coronavirus pandemic rages on.

CNBC Business
Jul 23, 2021

Singapore retailers are reeling from further Covid measures as sales drop 70% for some
Singapore retailers have seen sales plunge between 30% to 70% since the start of Covid-19, says the executive director of the Singapore Retailers Association.

CNBC Business
Jul 23, 2021

Nightclubs are a new battleground against Covid, but the young yearn for freedom
The night time economy is re-opening just as coronavirus cases soar, particularly among the young.

CNBC Business
Jul 22, 2021

Everything you always wanted to know about yachting, but were too afraid to ask
CNBC spoke with several yacht owners who agreed to answer all questions — with no topics off limits.

CNBC Business
Jul 22, 2021

‘I think people are underestimating how bad this is going to get': Dr. Ashish Jha on the delta variant
Dr. Ashish Jha explains why he thinks people are underestimating how bad the Covid surge is going to get as a result of the delta variant.

CNBC Business
Jul 22, 2021

Delta variant is one of the most infectious respiratory diseases known, CDC director says
Covid hospitalizations are up 32% from last week at about 3,500 per day and deaths have also increased 19% in the same time frame to about 240 per day.

CNBC Business
Jul 22, 2021

Quest Diagnostics is seeing a rise in Covid tests as delta variant spreads, CEO says
Quest Diagnostics CEO Steve Rusckowski told CNBC the company is seeing an increase in Covid-19 tests, with the majority of positive results this week identified as the delta variant.

CNBC Business
Jul 22, 2021

This under-the-radar retail winner up 260% in 12 months could have more upside, trader says
One footwear retailer keeps on kicking this year. Gina Sanchez of Lido Advisors and Bill Baruch of Blue Line Capital share what's next.

CNBC Business
Jul 22, 2021

Jim Cramer says near-term Covid delta variant concerns won't threaten long-term stock market gains
CNBC's Jim Cramer advised investors to keep a long-term focus in the face of Covid delta variant concerns.

CNBC Business
Jul 22, 2021

Domino's CEO says return of late-night, weekend orders fueling sales growth during Covid reopening
"Think about late-night business. Think about the weekend business .... It's coming back this year," Domino's Pizza CEO Ritch Allison told CNBC.

CNBC Business
Jul 22, 2021

NFL warns teams could forfeit games, lose money if Covid outbreaks occur among unvaccinated players
In a memo sent to clubs, the NFL said games would only be postponed if required by government authorities, medical experts or NFL commissioner Roger Goodell.

CNBC Business
Jul 22, 2021

Embattled EV start-up Faraday Future gets second act with Nasdaq SPAC debut
Following years of turmoil, Faraday Future has new life - and $1 billion in fresh capital - as it begins trading on the Nasdaq following a SPAC deal.

CNBC Business
Jul 22, 2021

Texas and Florida get involved in Israel's fight with Ben & Jerry's over West Bank boycott
Texas and Florida are getting involved in Israel's battle with the socially conscious Ben & Jerry's ice cream brand.

CNBC Business
Jul 22, 2021

CDC group weighs Covid booster shots for immunocompromised people at higher risk of breakthrough infections
A CDC advisory group is considering whether fully vaccinated Americans with weakened immune systems need a booster dose of the Covid vaccines.

CNBC Business
Jul 22, 2021

Warner Bros. to produce more than 10 films exclusively for HBO Max release
Warner Bros. will bolster HBO Max next year with more than 10 new movie titles made exclusively for the streaming service.

CNBC Business
Jul 22, 2021

Georgia film industry saw record production spend during coronavirus pandemic
The Georgia Department of Economic Development said it garnered a record $4 billion in direct spending on productions in the state during the 2021 fiscal year.

CNBC Business
Jul 22, 2021

Dr. Scott Gottlieb says the Covid delta spike may peak in late August, sooner than many believe
"There's going to be a peak sometime probably around late August, early September," former FDA chief Dr. Scott Gottlieb told CNBC on Thursday.

CNBC Business
Jul 22, 2021

IRS estimates of unpaid taxes are 'unfounded,' says Rep. Kevin Brady
IRS Commissioner Charles Rettig testified before Congress in April that the "tax gap" -- or amount of taxes owed that go unpaid each year -- could be as high as $1 trillion.

CNBC Business
Jul 22, 2021

CDC says benefits of J&J Covid vaccine still outweigh risks after reports of rare neurological disorder
There have been 8.1 cases of Guillain-Barre syndrome per 1 million J&J doses administered, according the CDC.

CNBC Business
Jul 22, 2021

Stocks making the biggest moves midday: Blackstone, DiDi, Netgear and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
Jul 22, 2021

Chipotle, Starbucks and Domino's stocks hit all-time highs as investors shrug off delta variant
Domino's Pizza, Chipotle Mexican Grill and Starbucks all hit all-time highs on Thursday as investors shrugged off any concerns about the delta variant.

CNBC Business
Jul 22, 2021

Unilever CEO 'fully committed' to Israel business after Ben & Jerry's stops selling in occupied territories
The CEO of Ben & Jerry's parent company Unilever sought to distance it from the ice cream maker's decision to stop its sales in occupied Palestinian territories.

CNBC Business
Jul 22, 2021

Watch these two casual dining stocks as group dips this month, traders say
Bloomin' Brands could be a good buy if it holds a key support level, says TradingAnalysis.com founder Todd Gordon.

CNBC Business
Jul 22, 2021

Virgin Galactic flight test director Mark Stucky, who led first spaceflight, departs from company
Mark "Forger" Stucky, Virgin Galactic's flight test director and pilot, is no longer with the space tourism firm.

CNBC Business
Jul 22, 2021

Domino's stock climbs 11% on earnings beat, strong pizza demand in the U.S.
Domino's reported 3.5% same-store sales growth in the United States for its second quarter.

CNBC Business
Jul 22, 2021

Crocs reports record revenue, raises full-year guidance despite supply chain disruptions
Crocs reported second-quarter earnings on Thursday that beat.

CNBC Business
Jul 22, 2021

Watch live: CDC advisory panel discusses rare autoimmune disorder linked to J&J vaccine
A CDC advisory panel is meeting Thursday to discuss a serious, but rare, autoimmune disorder, related to Johnson & Johnson's Covid-19 vaccine.

CNBC Business
Jul 22, 2021

Mercedes plans to go all-electric by the end of the decade
A host of automotive companies have announced plans to expand their offering of low and zero-emission vehicles.

CNBC Business
Jul 22, 2021

Biogen's controversial Alzheimer's drug generates $2 million sales in first few weeks after approval
Biogen's Alzheimer's drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said in its second-quarter earnings.

CNBC Business
Jul 22, 2021

Texas gets involved in Israel's fight with Ben & Jerry's over West Bank boycott
Texas is getting involved in Israel's battle with the socially conscious Ben & Jerry's ice cream brand.

CNBC Business
Jul 22, 2021

Embattled EV start-up Faraday Future's shares pop on Nasdaq debut
Following years of turmoil, Faraday Future has new life - and $1 billion in fresh capital - as it begins trading on the Nasdaq following a SPAC deal.

CNBC Business
Jul 22, 2021

5 things to know before the stock market opens Thursday
U.S. stock futures were flat after two days of strong gains, making Monday's major sell-off seem like a distant memory.

CNBC Business
Jul 22, 2021

Domino's earnings beat as pizza demand remains strong in the U.S.
Domino's reported 3.5% same-store sales growth in the United States for its second quarter.

CNBC Business
Jul 22, 2021

American, Southwest post quarterly profits, boosted by travel surge, federal aid
American and Southwest posted quarterly profits due to a surge in travel demand and government aid.

CNBC Business
Jul 22, 2021

Biogen's controversial Alzheimer's drug generates $2 million in first few weeks after approval
Biogen's Alzheimer's drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said in its second-quarter earnings.

CNBC Business
Jul 22, 2021

Planning to travel? Here's why you need to insure your next trip
Covid lockdowns last year saw many would-be travelers lose money because they had no travel insurance or the wrong kind. Here's what they're buying now and why.

CNBC Business
Jul 22, 2021

Crocs reports record revenue, raises full-year guidance amid strong demand
Crocs reported second-quarter earnings on Thursday that beat.

CNBC Business
Jul 22, 2021

Stocks making the biggest moves premarket: Netgear, Unilever, Whirlpool, Crocs & more
These are the stocks posting the largest moves before the bell.

CNBC Business
Jul 22, 2021

Europe's travel industry is on a knife edge as Covid surges, again
As Covid-19 vaccines were rolled out across Europe there were high hopes for a rebound in summer tourism in 2021. Instead, the season is looking highly uncertain.

CNBC Business
Jul 22, 2021

Indonesia reported the highest new Covid cases in the world last week, says WHO
Indonesia reported 350,273 new infections between July 12 and July 18, a 44% increase from the week before, the World Health Organization said.

CNBC Business
Jul 22, 2021

Anxious about the easing of Covid restrictions? Here are 7 tips to help deal with it
After almost 16 months of on-off lockdowns around the world, many people feel anxious about changes to Covid rules.

CNBC Business
Jul 21, 2021

Jim Cramer reacts to Chipotle big earnings beat: 'Chipotle delivered'
"We always hear about these executives who say a crisis is a terrible thing to waste. Most of the time they're just blowing smoke. Not Chipotle," Cramer said.

CNBC Business
Jul 21, 2021

Biden says what others are 'afraid to say' about tech, Salesforce's Marc Benioff says
As the White House gears up to challenge practices in the technology industry, Salesforce CEO said President Biden is "saying a lot of really smart things."

CNBC Business
Jul 21, 2021

Novartis CEO says Covid-related doctor visit delays likely impacting cancer diagnosis rates
Novartis CEO Vasant Narasimhan told CNBC there are now lower rates of diagnoses due to reduced hospital visits during the coronavirus pandemic.

CNBC Business
Jul 21, 2021

Jim Cramer predicts S&P 500 'is done getting slammed,' sees upside ahead
"The charts, as interpreted by Carolyn Boroden, suggest that the S&P 500 is done getting slammed, with more upside ahead," the "Mad Money" host said.

CNBC Business
Jul 21, 2021

NBA Finals series featuring Bucks and Suns attracts 9.9 million viewers — up 32% from 2020, but still down from previous years
Game 6 of the series averaged 12.5 million viewers, as the Bucks won their first NBA championship in 50 years.

CNBC Business
Jul 21, 2021

GM forced to halt most large pickup truck production due to chip shortage
GM confirmed production cuts Wednesday for plants in Michigan, Indiana and Mexico that produce the Chevrolet Silverado and GMC Sierra pickups.

CNBC Business
Jul 21, 2021

Fauci says vaccinated people 'might want to consider' wearing masks indoors as delta variant surges in U.S.
Beijing's rush to create data regime has left companies at whim of agencies' discretionary power

CNBC Business
Jul 21, 2021

Bed Bath & Beyond remodeled its New York City flagship store. Here's a first look inside
On Thursday morning, Bed Bath & Beyond will officially swing open the doors of its newly remodeled flagship location in New York City.

CNBC Business
Jul 21, 2021

Local officials across U.S. are starting to reimpose Covid mask rules as delta variant takes hold
Local officials in at least five U.S. states are now advising all residents to wear masks in public indoor settings — whether they are vaccinated or not.

CNBC Business
Jul 21, 2021

Netflix's foray into video games is 'ill-advised,' Wedbush analyst says
While subscribers may be excited about the prospect of Netflix adding video games to its subscription, Wedbush's Michael Pachter calls the move "ill-advised."

CNBC Business
Jul 21, 2021

Smoke from Western wildfires is harming air quality on the East Coast
Smoke from the Western wildfires was carried by the jet stream and cross-continental wind and triggered health alerts thousands of miles away.

CNBC Business
Jul 21, 2021

Used car prices have surged. Here's how to make that work to your advantage
Although dealerships aren't negotiating much on price, there may be ways to capitalize on the current elevated values of used cars.

CNBC Business
Jul 21, 2021

Man busted in 2020 Twitter hack, bitcoin scam of Biden, Obama, Musk, Buffett accounts
Twitter accounts in the hack included those of Joe Biden, Barack Obama, Jeff Bezos, Bill Gates, Kim Kardashian and Warren Buffett.

CNBC Business
Jul 21, 2021

Fintech OppFi goes public as CEO looks to alleviate America's emergency savings drought
Shares of OppFi rose in its market debut Wednesday after the company completed its SPAC merger.

CNBC Business
Jul 21, 2021

Maria Taylor leaves ESPN after colleague claims race got her NBA job
ESPN announced on Wednesday that Maria Taylor's contract is ending, a decision that comes after the former ESPN host was subject to race-related remarks.

CNBC Business
Jul 21, 2021

Stocks making the biggest moves midday: Chipotle, Netflix, Verizon and more
These are the stocks posting the largest moves in midday trading.

CNBC Business
Jul 21, 2021

British man busted for 2020 Twitter hack, bitcoin scam of Biden, Obama, Musk, Buffett accounts
Twitter accounts in the hack include ones belonging to Joe Biden, Barack Obama, Jeff Bezos, Bill Gates, Kim Kardashian, and Warren Buffett.

CNBC Business
Jul 21, 2021

United Airlines shares rise on upbeat demand forecast despite delta variant
United Airlines shares rose after the carrier issued an upbeat demand forecast.

CNBC Business
Jul 21, 2021

United Airlines shares rise on upbeat outlook on demand despite delta variant
United Airlines shares rose after the carrier issued an upbeat demand forecast.

CNBC Business
Jul 21, 2021

Charlamagne Tha God and Stephen Colbert to launch late night TV talk show on Comedy Central
Charlamagne Tha God, co-host of morning radio show "The Breakfast Club," is taking his unique brand of comedy and social commentary to late night TV.

CNBC Business
Jul 21, 2021

NFTs may outlast physical art galleries, says famed British artist Damien Hirst
"Anything that looks good and feels good" is art, Damien Hirst told CNBC on Wednesday. "It doesn't have to be in a gallery."

CNBC Business
Jul 21, 2021

John Kerry issues warning over climate, calls on China to step up on emissions cuts
World leaders are set to gather in Glasgow, Scotland, for the COP26 climate change summit later this year.

CNBC Business
Jul 21, 2021

The beta Covid variant is causing concerns in Europe. Should we be worried?
There are quiet concerns in parts of Europe about the Covid beta variant, which was discovered in South Africa.

CNBC Business
Jul 21, 2021

5 things to know before the stock market opens Wednesday
Dow futures rose Wednesday as Wall Street tried to keep its rebound rally going. Nasdaq futures slipped.

CNBC Business
Jul 21, 2021

Stocks making the biggest moves premarket: Coca-Cola, Johnson & Johnson, Netflix, Verizon & more
These are the stocks posting the largest moves before the bell.

CNBC Business
Jul 21, 2021

U.S. life expectancy dropped by 1.5 years in 2020, biggest drop since WWII
The pandemic and drug overdoses helped drive the biggest one-year drop in average life expectancies in the U.S. last year, according new data from the CDC.

CNBC Business
Jul 21, 2021

Philip Morris CEO defends the company's intentions to buy inhaler maker Vectura
Philip Morris CEO Jacek Olczak defended the tobacco company's plans to buy an inhaler maker, saying nothing will stop its efforts to "leave smoking behind."

CNBC Business
Jul 21, 2021

Transports stocks are in correction territory ahead of earnings. Here's what to watch
The transports stocks have hit a roadblock as several companies such as CSX and Southwest prepare to release earnings. Two traders share what they're watching.

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