Cans of Monster Beverage energy drinks and bottles of Coca-Cola sodas.David Paul Morris | Bloomberg | Getty ImagesAs soda consumption declines in the U.S., Coca-Cola and PepsiCo are trying to leverage the name recognition of their legacy brands to make a bigger dent in the growing energy drink...
Stanley DruckenmillerAnjali Sundaram | CNBCBillionaire hedge fund manager Stanley Druckenmiller on Tuesday warned that the budget deal struck between President Donald Trump and congressional leaders earlier this week will only add to an already-dangerous national debt problem. "The obscene budget is just another example of an unintended consequence of...
Linkedin CEO Jeff Weiner, Microsoft CEO Satya Nadella and Linkedin Executive Chairman and co-founder Reid Hoffman.Source: LinkedinLinkedIn said on Tuesday that it's finally migrating computing workloads from its own equipment to the Azure public cloud, entrusting its critical data with parent company Microsoft.The move shows that LinkedIn, which...
Consumer advocate Ralph Nader on Tuesday urged the Federal Aviation Administration to permanently ground Boeing's 737 Max jet. "The plane cannot be refixed," said Nader, whose grandniece was killed in a March crash of a 737 Max jet in Ethiopia. "It has to be recalled" and permanently taken...
Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016.Patrick T. Fallon | Bloomberg | Getty ImagesBed Bath & Beyond announced on Tuesday that as part of its efforts to reduce costs, it will cut its corporate...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. 2, 2018.Michael Nagle | Bloomberg | Getty ImagesCheck out the companies making headlines midday Tuesday:Coca-Cola — The beverage giant's stock jumped 5.9% on quarterly earnings and revenue that topped...
A much-hyped congressional hearing on easing cannabis banking restrictions served as a reminder Tuesday that reforming pot laws remains an uphill battle in Congress despite growing bipartisan support among lawmakers.The Senate Committee on Banking, Housing and Urban Affairs hosted a hearing titled "Challenges for Cannabis and Banking:...
Marvel 80th Anniversary Exclusive 6-Inch-Scale Hulk Figure from Hasbro.HasbroHigh demand for "Avengers: Endgame" toys helped Hasbro cruise above earnings estimates in the second quarter, and sent its stock up nearly 9%. The toymaker has held the master license for Marvel for over a decade, creating products based on...
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is scheduled to release earnings figures on July 25. Photographer: Mark Kauzlarich/Bloomberg via Getty...
Zion Williamson of the New Orleans Pelicans warms up on the court before a semifinal game of the 2019 NBA Summer League against the Memphis Grizzlies at the Thomas & Mack Center on July 14, 2019 in Las Vegas, Nevada.Ethan Miller | Getty ImagesThe No. 1 pick in...