Delta, NFL, Air Force use to prepare for extreme weather

Delta, NFL, Air Force use to prepare for extreme weather

As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block.  Boston-based already boasts clients … Read more

Value investor Mason Hawkins loads up on GE and a surprising tech name

Value investor Mason Hawkins loaded up on General Electric in the second quarter, and also took up a stake in growth name Alphabet . Hawkins’ Southeastern Asset Management, which operates a suite of mutual funds called Longleaf Partners Funds, stepped up its General Electric shares by 12% last quarter, according to InsiderScore. In the three-month … Read more

US Open ticket prices surge ahead of Serena Williams’ final tournament

Serena Williams reacts during a post-match ceremony after losing to Belinda Bencic of Switzerland on Day 5 of the National Bank Open, part of the Hologic WTA Tour, at Sobeys Stadium on August 10, 2022 in Toronto, Ontario. Robert Prange | Getty Images As Serena Williams prepares for her last US Open before retirement, tickets … Read more

Walmart expands abortion coverage for employees after Roe v Wade

Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Friday told employees that it will expand abortion and travel coverage for employees, according to an internal memo. The change comes … Read more

China issues first national drought emergency scorching temperatures

The Jialing River bed at the confluence with the Yangtze River is exposed due to drought on August 18, 2022 in Chongqing, China. Vcg | Getty Images China issued its first drought emergency this year as scorching temperatures dry up areas of the Yangtze River and put pressure on the power grid while the country … Read more

Bed Bath & Beyond, Foot Locker and more

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in comparable sales for … Read more

Cineworld shares plummet more than 60% on bankruptcy reports

Cineworld, which operates 9,000 theatres in 10 countries, has warned that a lack of blockbusters is hurting admissions. Geography Photos | Universal Images Group | Getty Images LONDON — Shares of British cinema chain Cineworld Group plunged Friday on reports that it is preparing to file for bankruptcy after failing to entice viewers back to … Read more

GM to reinstate quarterly dividend, ups share buybacks to $5 billion

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT – General Motors is reinstating a quarterly cash dividend for shareholders that was cut to preserve cash during the early … Read more

Deere, Foot Locker, Bed Bath & Beyond and more

Check out the companies making headlines before the bell: Deere (DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also … Read more

5 things to know before the stock market opens Friday, August 19

Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Rough morning for stocks The three major U.S. indexes were primed to open in negative territory Friday morning, dimming hopes … Read more