A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain’s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in…
Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Thursday, March 12, 2026. Michael Nagle | Bloomberg | Getty Images Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday. The firm’s flagship OCIC, with about $36…
JINHUA, CHINA – JULY 16: Employees work on the assembly line of new energy vehicles at an intelligent factory of Leapmotor on July 16, 2025 in Jinhua, Zhejiang Province of China. (Photo by Jin Sicheng, Zheng Yali, Shi Kuanbing/Zhejiang Daily Press Group/VCG via Getty Images) Vcg | Visual China Group | Getty Images A Hong…
CNBC’s Jim Cramer on Wednesday cautioned that the market’s recent rebound is falling short of what investors should expect from a durable rally. “Whenever the market gets clobbered and then starts crawling back, you always hold out hope that there’ll be a broad advance,” Cramer said on “Mad Money.” But after two days of gains,…
Demonstrators hold posters of Ayatollah Khomeini outside the American Embassy which is occupied by ‘students following the Imam Khomeini’s line on November 16, 1979 in Tehran, Iran. Kaveh Kazemi | Hulton Archive | Getty Images “The hard part is done,” President Donald Trump said in his address to the nation Wednesday night about the Iran…
Nike Inc. signage on the floor of the New York Stock Exchange, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images When Nike reported fiscal third-quarter earnings on Tuesday night, investors were looking for evidence its recovery is on track. Instead, they learned that the retailer’s turnaround is far from over, sending shares tumbling…
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares opened sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. Shortly after the opening bell, the pan-European Stoxx 600 was 1.2% lower,…
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images U.S. President Donald Trump said the U.S. will hit Iran “extremely hard” over the next two or three weeks in a national address on Wednesday. “We’re going…
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will…
A Sam’s Club in Miami, July 7, 2025. Joe Raedle | Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual membership fee by $10. Starting on May 1, the warehouse club — which directly competes with Costco and BJ’s Wholesale Club — will charge $60 per year for basic membership and $120…
