Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee (IOC) at the SwissTech Convention Centre in Lausanne, on June 24, 2019.Fabrice Coffrini |...
Check out the companies making headlines before the bell. McDonald's — Shares fell more than 6% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak linked to the fast food company's Quarter Pounder burgers has resulted in the hospitalization of 10 people and one...
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty ImagesBoeing's new CEO Kelly Ortberg said the company needs to become leaner and improve quality, a vision he laid out for the troubled plane...
Vintage Coca-Cola bottles are seen in a shop window in Manhattan, New York City, on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesCoca-Cola is about to report third-quarter earnings before the bell on Wednesday.Here is what Wall Street analysts surveyed by LSEG are expecting:Earnings per share: 74 centsRevenue:...
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according to the head of the Institute of International Finance."The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of...
Fg Trade | E+ | Getty ImagesHealth savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans have no idea how they work. About 26 million people had an HSA at the end of 2023, according to Devenir, a research and investment firm based...
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Wednesday beat expectations in its return to profit in the three months to September, after snapping its 15-quarter profit streak...
Cryptocurrencies have rapidly gained prominence over the last decade, presenting both opportunities and challenges for individuals, businesses, and regulators alike. As digital assets become more widespread, taxation laws are being shaped and adapted to accommodate them. However, the taxation of cryptocurrencies is a complex matter, with varying approaches and...
Coca-Cola President and CEO James...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Less than six months after launching to the public and announcing a $7.5 million seed raise, a startup providing banking services to Americans over the age of 62 has raised additional funding. The days of closing two capital raises in a matter of months are mostly long gone, so it...
This fall could be an unusually stressful time for families with children planning to start college next year. The cause: Many will be guessing about how much they will have to pay or borrow for tuition. Not only are they awaiting acceptance letters, but there’s a two-month delay in Federal Student...
Check out the companies making headlines before the bell. Arista Networks — Shares of the cloud networking solutions company gained nearly 10% after beating third-quarter expectations. Arista reported earnings of $1.83 per share, excluding items, on $1.51 billion in revenue. This was higher than the $1.58 in earnings per...
The Biden administration is targeting what it calls “junk fees” as it attempts to strengthen investment advice rules for retirement accounts. The Department of Labor will release a proposal Tuesday designed to curb conflicts of interest around retirement savings recommendations. Called the retirement security rule, it would “close loopholes” and...
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CFOTO | Future Publishing | Getty ImagesPfizer on Tuesday reported a narrower than expected adjusted loss for the third quarter as the drugmaker recorded charges largely related to struggles for its Covid antiviral treatment Paxlovid and Covid vaccine.Pfizer said that it recorded a $5.6 billion charge for inventory write-offs...
State Street has announced some changes to its leadership structure as current president, chief operating officer, and head of Investment Services Louis D. Maiuri prepares for retirement. From January 1, 2024, Ron O’Hanley, the firm’s chairman and CEO will take on the additional responsibility as president of Investment Services, which...
