Tag: Markets

Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales

In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California.Justin Sullivan | Getty ImagesKeurig...

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

China's retail sales grew by 3.7% in the first half of the year from a year ago.CNBC | Evelyn ChengSHANGHAI — China on...

Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue

Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida.Gary Hershorn |...

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024.Mike Blake | ReutersSouthwest Airlines is ending open seating and will...

Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales

The Gucci store on Fifth Avenue is seen on March 20, 2024 in New York City.Michael M. Santiago | Getty Images News |...

Revolut clinches UK banking license, ending three-year wait

Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty ImagesBritish fintech...

Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays

Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Nikolas Kokovlis | Nurphoto...

CNBC Daily Open: Wall Street sinks, Tesla slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City.Spencer Platt | Getty...

Chinese EV startups are spending more on research than Tesla is

Nio's second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING – U.S.-listed Chinese electric...

Japan’s Nikkei drops 3% as Asia-Pacific markets slide, tracking Wall Street sell-off

In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of...

CNBC Daily Open: Wall Street sinks, Ford slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City.Spencer Platt | Getty...

We’re slashing our rating on Ford after the automaker’s old issues come back to haunt it

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits....