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October 25, 2021

Breaking News: Business

Salad chain Sweetgreen files to go public, hopes to double footprint within 5 years

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CNBC – For more and to sign up click here A Sweetgreen location in Bethesda, Maryland. Jeffrey MacMillan | Getty Images Salad chain Sweetgreen filed Monday to go public on the New York Stock Exchange under the ticker SG, aiming to become the latest restaurant company to hit the public......

Harvard professors warn that war-torn countries will miss global vaccine goals in 2022

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CNBC – For more and to sign up click here Taliban members gather and make speeches in front of Herat governorate after the completion of the U.S. withdrawal from Afghanistan, in Herat, Afghanistan on August 31, 2021. Mir Ahmad Firooz Mashoof | Anadolu Agency | Getty Images War-torn countries will......

Bezos’ Blue Origin unveils private space station ‘business park’ to be deployed later this decade

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CNBC – For more and to sign up click here A rendering of the “Ocean Reef” space station in orbit. Blue Origin WASHINGTON – Jeff Bezos’ Blue Origin on Monday unveiled its plan for a private space station called “Orbital Reef,” which it will build in partnership with multiple space......

Moderna says its Covid vaccine generates strong immune response in 6- to 11-year-olds

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CNBC – For more and to sign up click here With her husband Stephen by her side Erin Shih hugs her children Avery 6, and Aidan, 11, after they got their second Moderna COVID-19 vaccines at Kaiser Permanente Los Angeles Medical Center on Friday, June 25, 2021. Sarah Reingewirtz |......

Rocket builder ABL raises $200 million, increasing valuation to $2.4 billion

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CNBC – For more and to sign up click here An RS1 rocket booster is shipped out of the company’s headquarters in El Segundo, California. ABL Space Rocket builder ABL Space on Monday announced the close of a $200 million round of funding from existing investors, bumping the private company’s......

Burger King parent earnings beat but labor challenges weigh on sales

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CNBC – For more and to sign up click here A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Monday reported quarterly earnings that topped Wall Street’s expectations, but its revenue fell short as labor challenges weighed on sales.......

Covid vaccine boosters are now available. Here’s who’s eligible for Pfizer, Moderna and J&J’s shots

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CNBC – For more and to sign up click here A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the......

Without firm school mask mandate deadlines, ‘we can sleepwalk into indefinite masking,’ says Harvard professor

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CNBC – For more and to sign up click here Harvard University associate professor Dr. Joseph Allen argued in favor of pulling back on masking children in schools, especially as U.S. drug regulators are set to authorize the Covid-19 vaccine to kids ages 5 to 11. “We have to be......

Fatal prop gun shooting shows why Hollywood crews are fighting for better working conditions

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CNBC – For more and to sign up click here Security guards and a compliance officer at New Mexico’s Bonanza Creek Ranch on Oct. 22, 2021, the film set where actor Alec Baldwin fatally shot cinematographer Halyna Hutchins and wounded a director when he discharged a prop gun. Adria Malcolm......

Walmart’s corporate workers will return to the office in early November

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CNBC – For more and to sign up click here Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart‘s corporate employees will begin to return to the company’s Arkansas headquarters and other offices across the country in early......

Movie ticket sales have topped 2020’s paltry box office, but still trail 2019’s haul by 70%

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CNBC – For more and to sign up click here With just two months before the end of the year, the coronavirus pandemic continues to loom large over the film industry. Ticket sales in 2021 have already outpaced 2020’s paltry box office. But sales still lag nearly 70% behind 2019’s $11.4......

U.S. officials keep close watch on the ‘delta plus’ Covid mutation as it spreads in the U.K.

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CNBC – For more and to sign up click here Dr. Rochelle Walensky, Director of the Centers for Disease Control and Prevention, testifies before a Senate Health, Education, Labor and Pensions Committee hearing at the U.S. Capitol on May 11, 2021. Jim Lo Scalzo | Pool | Reuters U.S. health......

Beyond Meat stock tumbles to 52-week low after lowering third-quarter revenue outlook

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CNBC – For more and to sign up click here Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Shares of Beyond Meat hit a 52-week......

David Tepper doesn’t think stocks are a great investment here, but says it all depends on rates

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CNBC – For more and to sign up click here David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Hedge fund manager David Tepper turned somewhat bearish on the stock market, citing uncertainties around interest rates and inflation. “I don’t think it’s a great investment right year”......

Trump’s social media SPAC surges another 100% after shares quadruple

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CNBC – For more and to sign up click here The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images SPAC stands for special purpose acquisition company, which raises money on the public markets with a goal of merging......

Alec Baldwin fires prop gun on set of movie, killing a crew member and injuring director

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CNBC – For more and to sign up click here Alec Baldwin on Oct 7, 2021 at the Hamptons International Film Festival. Mark Sagliocco | Getty Images Entertainment | Getty Images Actor Alec Baldwin fired a prop firearm on set Thursday, killing the director of photography working on his film......

General Motors unveils new high-end GMC Sierra Denali and AT4X pickups

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CNBC – For more and to sign up click here 2022 GMC Sierra 1500 AT4X (left) and Denali Ultimate GM DETROIT – General Motors is rolling out two new high-end GMC Sierra 1500 pickups, including one called the Denali Ultimate that will start at more than $80,000 – making it......

CDC panel unanimously endorses Moderna and J&J Covid vaccine boosters, sends recommendation to director for final approval

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CNBC – For more and to sign up click here An influential Centers for Disease Control and Prevention advisory committee Thursday unanimously endorsed boosters of Moderna‘s and Johnson & Johnson‘s Covid-19 vaccines, sending the recommendation to CDC Director Dr. Rochelle Walensky for final approval. The agency’s Advisory Committee on Immunization......

Chipotle earnings crush estimates as sales jump 22%, higher menu prices offset rising costs

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CNBC – For more and to sign up click here A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that crushed......

American, Southwest CEOs say they don’t plan to fire employees over federal vaccine mandate

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CNBC – For more and to sign up click here Southwest Airlines Chairman and CEO Gary Kelly (R) speaks alongside American Airlines chairman and CEO Doug Parker (L) following a meeting with other airline executives at the White House about extending economic assistance to the airlines, in Washington, DC, September......

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