[ad_1] Intuit sees strong consumer spending despite persistent inflation dogging the economy, company CEO Sasan Goodarzi told CNBC’s Jim Cramer on Monday. Goodarzi noted that the financial software firm is able to see consumer spending, the number of employees that businesses have hired and the number of hours they’ve worked. …
Read More »International Paper is not a buy
[ad_1] Matterport Inc: “I’d rather be in HP. … This company is losing too much money.” Medtronic PLC: “These guys have lost their way. … They are not executing.” International Paper Co: “Once that starts rolling over, it rolls over big. I do not want you to touch that stock.” …
Read More »Jim Cramer’s 3 reasons why profitable tech stocks are getting hit
[ad_1] CNBC’s Jim Cramer on Monday offered three reasons why tech firms, including companies with strong balance sheets, are seeing pain in the stock market. The “Mad Money” host, who is filming the show from San Francisco this week, reiterated his warning against unprofitable companies from earlier this year but …
Read More »Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose
[ad_1] Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey was arrested this weekend after allegedly biting a man’s nose in an Arkansas parking garage following a college football game. Ramsey, 53, was charged with terroristic threatening and third-degree battery and booked in the Washington County …
Read More »Biden declares the pandemic over. People are acting like it too
[ad_1] CNN — President Joe Biden made multiple unequivocal and controversial statements in an interview with “60 Minutes” that aired Sunday. Among them: On some other topics there was some equivocation. On 2024, his plan is to run for reelection, but no firm decision has been made. On the classified …
Read More »Ford warns investors of an extra $1B in supply chain costs during Q3
[ad_1] 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 …
Read More »‘The Woman King’ poised for big box office after strong opening weekend
[ad_1] Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. The action-packed film about an all-female regiment of warriors brought in …
Read More »FAA rejects proposal to halve pilots’ flight-time requirement amid shortage
[ad_1] A Republic Airways plane approaches the runway at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on April 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Administration on Monday said it has rejected a proposal to halve the number of hours required to become …
Read More »How Jared Isaacman uses fighter jets in training
[ad_1] Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of the Polaris Program, announced earlier this year, in partnership with Elon Musk’s SpaceX. Isaacman’s crew of four is using fighter …
Read More »Hilton partners with Voyager Starlab to design astronaut suites
[ad_1] Concept art of a “Starlab” space station Nanoracks PARIS — Hotel giant Hilton has signed on to design astronaut facilities for the private space station Starlab currently under development by Voyager Space Holdings and Lockheed Martin, the companies told CNBC on Monday. In addition to designing hospitality suites and …
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