Some investors made a bet that consumer fitness was an either-or choice: Either people would return to gyms, or they would find ways to break a sweat at home. The stocks of Peloton and Planet Fitness reflect this thinking. Last year, Peloton shares surged more than 440%, while Planet Fitness' […]
Shares of Facebook fell 5% on Tuesday. The social media company beat on earnings but missed on revenue and average monthly users when it reported quarterly results Monday evening. Five experts discuss what they think about the stock now. Nadine Terman, founder and CEO of Solstein Capital, said Facebook is […]
More than $30 billion in rental assistance still hasn't been spent. What renters need to know about navigating the at-times convoluted and difficult application process. To address the renters' crisis triggered by the Covid-19 pandemic, Congress has allocated more than $45 billion in aid. More than six months after the […]
Bill Gates wants more college students to read his latest book, so he's letting them do it for free. For the rest of this week, college or university students can download a free digital copy of Gates' best-selling book, "How to Avoid a Climate Disaster: The Solutions We Have and […]
Three decades ago, cars were technologically primitive by today’s standards. Airbags were not mandatory until 1991. Today, the advances have come so far that people anticipate having safe, self-driving cars by the end of the decade. The auto industry faces two challenges as technology systems become more complex. One is […]
There are signs that price growth could be cooling off in the otherwise red-hot housing market. Prices rose 19.8% year over year in August, which was the same as the previous month, according to the S&P CoreLogic Case-Shiller Indices. "August data also suggest that the growth in housing prices, while […]
EXCLUSIVE: Hollywood agency Legion Creative has hired Howie Kaplan, Kimberly Leass and Steve Isaacs in leading executive roles in which they will be tasked with expanding the company’s offerings into streaming, TV and video games, while also as part of the management team enhancing Legion’s company culture. The agency works […]
Earnings reports might be the focus this week. The Federal Reserve’s Beige Book and reports on industrial production, housing starts, and existing home sales may also attract attention this week. Johnson & Johnson (JNJ), Procter & Gamble (PG), Travelers (TRV), Netflix (NFLX), Verizon (VZ), IBM Corp. (IBM), Tesla (TSLA), AT&T […]
Hong Kong (CNN Business)China plans to cut its reliance on fossil fuels to below 20% by 2060, according to a cabinet document published in state media Sunday. While the document detailed new measures on how the world’s biggest polluter will decarbonize, the country is not updating its pledge to reduce […]
(CNN)Sugarbush Resort in Vermont is preparing for a busy winter season, but looming over the effort to host hundreds of guests is the need to ramp up hiring — both domestic and foreign. Coming out of the winter months, employers prepared for staff to return and gear up for the […]
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