CNBC’s Jim Cramer said Wednesday that investors cannot ignore the rising popularity of plant-based meat products. “This movement is happening. You’ve got to get on the bus or … get left behind,” Cramer said on “Squawk on the Street.” Cramer acknowledged there are not huge sales just yet for a company like Beyond Meat, which after-the-bell Tuesday
toondelamour Business owners who received loans through the Paycheck Protection Program and don’t need it have until May 14 to return the cash. The PPP – a forgivable loan program that allows small businesses to cover up to eight weeks of payroll costs, mortgage interest and other expenses – was just refilled to the tune
A driver unloads merchandise from a delivery truck outside a CVS Health Corp. location in New Rochelle, New York, U.S., on Monday, March 16, 2020. Angus Mordant | Bloomberg | Getty Images CVS Health shares rose more than 4% in premarket trading Wednesday after the company reported a huge jump in sales at its stores as
General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks. GM General Motors is set to report its first-quarter earnings before the bell on Wednesday as the company grapples with the fallout from the coronavirus pandemic that’s shuttered
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly profit of 62 cents per share, compared with a consensus estimate of 30 cents a share. Revenue also came in above Wall Street forecasts. GM said results were “heavily impacted” by the economic impact of
MSNBC: Answering your questions about coronavirus Monthly retirement for a $50,000 salary factoring in Social Security and savings Here’s how to get into the habit of saving more and spending less How to pay less in taxes on your Social Security benefits How to earn $40,000 in interest every year in retirement Here’s how to
Naguib Sawiris, billionaire and chairman of Orascom Investment Holding. Sima Diab | Bloomberg | Getty Images Egyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all its airline stocks at the firm’s annual meeting on Saturday. Sawiris, chairman and CEO of Orascom Investment
For undergraduates studying at home amid the coronavirus pandemic, college isn’t what it used to be. However, it costs just the same. While a number of colleges and universities are offering refunds of fees and room and board, the reimbursement policies vary from school to school — and nearly all of them have drawn the line at tuition. As
After weeks of ominous news, March 26 was the day the coronavirus outbreak cemented itself as an economic catastrophe in the U.S. On that day, the Department of Labor released its weekly estimate of initial unemployment insurance claims, one official measure the government uses to determine how many people are out of work across the
Beyond Meat posted better-than-expected earnings for the first quarter Tuesday but warned that it saw a drop in sales at the end of March as the coronavirus pandemic shuttered restaurants around the country. Given the uncertainty regarding restaurant sales, the company withdrew its earnings forecast for the year. “I am proud of our first-quarter financial results,