President Donald Trump threatened to slap tariffs on all Mexican imports at the end of May. He later backed down from the threat after signing a trade deal with the country. But Constellation Brands CEO Bill Newlands said Friday that the brewer of Corona and Modelo would be ready if the tariffs did end up
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Beyond Meat surprised the stock market when the company turned out to be the best IPO of 2019. Alternative meat was having a moment. Alternative milk, on the other hand, has been quietly revolutionizing the dairy industry for years. Milk, the kind from cows, was once a staple of the American diet. But now consumers
Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said
A Boeing 737 MAX 8 airplane Stephen Brashear | Getty Images Boeing’s 737 Max could stay on the ground until late this year after a new problem emerged with the plane’s in-flight control chip, according to a Boeing official. This latest holdup in the plane’s troubled re-certification process has to do with a chip failure
Procter & Gamble Goldman Sachs upgraded Procter & Gamble on Friday and said the consumer staples giant offers shareholders a “potential double-digit return.” “We believe there is a role in investors’ portfolios for a large liquid global staples company such as this and note that PG remains the most underweight US listed mega-cap global consumer
A Singapore Airlines A380 passenger plane taking off at Changi International Airport in Singapore. Fyrol Mohn | AFP | Getty Images European aerospace giant Airbus is working on technologies that will cut the number of pilots needed in the cockpit, a company executive said on Thursday. “Embedding more and more artificial intelligence into our systems
Guest room at The Bell, A Taco Bell Hotel & Resort Courtesy Taco Bell If you’re a Taco Bell super fan looking to stay at the Mexican fast food chain’s limited-time hotel, you’re already too late. All available rooms were snatched up just two minutes into taking reservations. And with that, the Yum Brands unit
U.S. stock index futures were higher Thursday morning, amid hopes the world’s two largest economies could soon reach a truce in their protracted trade war. At around 02:10 a.m. ET, Dow futures rose 66 points, indicating a positive open of more than 72 points. Futures on the S&P and Nasdaq were both seen slightly higher.
Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg on Wednesday said the U.S.’s weak response to the 2016 Russian election interference has resulted in similar activity from more nation states like Iran. “The signal that
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair drew backlash and calls from some customers for a boycott after employees protested the company’s apparent sale of $200,000 of mattresses and bunk beds destined for a Texas detention camp for migrant children. Under the hashtag #BoycottWayfair, customers and businesses took to Twitter to announce they were