Johnson & Johnson (JNJ) earnings Q1 2024
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Mark Ralston | AFP | Getty Images Johnson & Johnson on Tuesday reported first-quarter adjusted earnings that topped Wall Street’s expectations as sales in its medical devices business surged. Meanwhile, the company’s total revenue for the […]
State tax officials use AI to go after wealthy payers
Photo Of Robot Examining Invoice With Magnifying Glass. Andreypopov | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Even as the IRS makes headlines for cracking down […]
Masters winner Scottie Scheffler has already won $15 million this year — almost twice as much as any other golfer
‘I don’t plan on taking my eye off the ball anytime soon,’ Scheffler said about his dominant run.
United Airlines (UAL) 1Q 2024 earnings
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker’s safety crisis. United expects to receive just […]
ETFs that buy bank stocks are under pressure, lagging U.S. equities market
Exchange-traded funds that hold bank stocks were under pressure Tuesday, lagging the broader U.S. equities market.
Planet Fitness names new CEO, shares fall
A portrait of Colleen Keating. Courtesy of Planet Fitness Planet Fitness announced Tuesday that Colleen Keating will take over as the fitness club’s new CEO, effective June 10. Craig Benson, who has been serving as interim CEO since the departure of Chris Rondeau in September, will remain on the board of directors. The announcement comes […]
TGI Fridays to go public through merger with its U.K. franchisee
The TGI Fridays logo is seen on one of its restaurants in London, U.K., on May 27, 2020. John Lamparski | Lightrocket | Getty Images TGI Fridays and Hostmore, the chain’s U.K. franchisee, announced plans to merge on Tuesday. The all-share deal is valued at 177 million pounds, or $220 million. If it closes, TGI […]
Teslas have never been this cheap. Here’s why leasing or buying a used one may be the best deal.
The EV maker, which is laying off workers, has been slashing prices. ‘There’s a great opportunity for used-car buyers.’
Moderna halts Kenya vaccine plant plans as Covid shot demand plunges
A nurse prepares a dose of Moderna Covid-19 vaccine at Oltepesi Dispensary in Kajiado, Kenya, on September 9, 2021. Patrick Meinhardt | AFP | Getty Images Moderna on Thursday said it has paused plans to build a vaccine-manufacturing site in Kenya after a steep drop in demand for its Covid vaccines. The biotech company said […]
StepStone’s stock rises after J.P. Morgan upgrades asset manger to overweight
Shares of private-markets investment manager and data provider StepStone Group Inc. rose 5.4% on Thursday after the stock drew an upgrade to overweight from neutral at JPMorgan Chase on Thursday on growth expectations for the sector.
