McDonald’s, Blackstone, Netflix and others

Check out the companies making headlines before the bell: Comcast (CMCSA) — Parent company NBCUniversal and CNBC earned 77 adjusted cents per share for the fourth quarter, 4 cents above estimates, with revenue also higher than analysts’ expectations. Comcast also announced an 8% dividend increase and an increase in its stock buyback program to $10 … Read more

Stock futures are little changed after volatile session

US stock index futures fell in overnight trading on Monday, after a very volatile session that saw the Dow Jones drop more than 1,100 points to end the day in positive territory. Futures related to the Dow Jones Industrial Average lost 211 points, or 0.6%. S&P 500 futures were down 0.8%, while Nasdaq 100 futures … Read more

Stocks drop sharply as market eyes Fed, Ukraine tensions

New York (AFP) – Stocks fell sharply on Monday as investors expected anti-inflation measures from the Federal Reserve The possibility of a conflict between Russia and Ukraine is feared. The stock market extended its decline for three weeks And it put the S&P 500 on track for what’s called a correction – a drop of … Read more

How a billionaire’s cruise empire imploded in Hong Kong | Business and Economy

Lim Kok Tai started a gambling cruise and boat company in Hong Kong in the 1990s and turned it into one of the largest cruise operators in Asia. It was a business of love, as well as a way to diversify the casino business that his father, Lim Goh Tong, set up in Malaysia. Under … Read more

Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says

US Federal Reserve Chairman Jerome Powell attends his re-nomination hearing at the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill, in Washington, US, January 11, 2022. Graeme Jennings | Reuters Accelerating inflation could cause the Federal Reserve to become more aggressive than economists expect in the way it raises interest rates this … Read more

What’s behind legal dispute between Qatar Airways and Airbus? | Explainer News

Qatar Airways is seeking $618 million in damages plus $4 million a day after it ground 21 A350s due to safety concerns. Qatar Airways has been under siege for months over a legal dispute with Europe’s Airbus over “serious and legitimate safety concerns” after the delivery of the A350s. The state-owned Qatar Airways is demanding … Read more

Airbus cancels $6bn contract with Qatar Airways after paint fight | Business and Economy News

Qatar Airways described Airbus’ decision as “extremely regrettable and frustrating” amid a legal battle over peeling paint. Airbus has canceled a $6 billion contract with Qatar Airways to buy 50 new A321neo passenger planes, escalating a legal battle between the two companies over paint on recently delivered A350s. Qatar Airways described Airbus’ decision, announced on … Read more

Cramer’s Mad Money Recap 1/21: Microsoft, Tesla, Apple

Jim Kramer told Mad Money viewers Friday that the air has been slowly escaping from the stock market’s balloon for weeks. And unless you own shares of a company that makes real things and makes real profits, expect more pain in the future. For months now, we’ve had an onslaught of IPOs and worthless SPACs … Read more

Americans are showing up sick to work even as Omicron spreads

But millions of frontline employees are unable to do so without losing their paycheck. So, many Americans, working in precarious, low-paying jobs in the service industry, can’t stay home — even if they contract the virus or have been exposed to someone who is infected. Some workers struggle to get or afford a test to … Read more

5 things to know before the stock market opens Friday, Jan. 21

Here are the top news, trends and analysis that investors need to start their trading day: 1. It seems that Wall Street will continue its losing streak Traders work on the floor of the New York Stock Exchange (NYSE) on January 20, 2022 in New York City. Spencer Platt | Getty Images US stock futures … Read more