Category: Business

  • Lego gross sales rose in 2020 because of e-commerce and progress in China

    Lego gross sales rose in 2020 because of e-commerce and progress in China

    A boy selects a Lego A / S toy in a box in a store of E-Mart Co., a subsidiary of Shinsegae Co., in Incheon, South Korea, on Saturday, December 21, 2013. Bloomberg | Getty Images There’s no doubt that the Lego brand benefited from people spending more time at home during the pandemic, but…

  • Alaska is the primary state to offer nearly all Covid vaccines

    Alaska is the primary state to offer nearly all Covid vaccines

    Alaska Governor Mike Dunleavy (R-AK) speaks at the White House in Washington, DC on July 16, 2020 during a regulation rollback event to all Americans on the South Lawn on July 16, 2020 at the White House Help Washington, DC Jim Watson | AFP | Getty Images Alaska became the first state on Tuesday to…

  • Texans might be arrested for violating enterprise masks guidelines

    Texans might be arrested for violating enterprise masks guidelines

    People can still be arrested for failing to wear masks in Texas businesses, despite Governor Greg Abbott revoking his statewide mask order, which will be lifted Wednesday. Houston Police Chief Art Acevedo, who delivered a strong message to Texans who refuse to adhere to private company guidelines for wearing masks, said that property rights of…

  • Nearly 75% of clothes gross sales had been made on-line prior to now month

    Nearly 75% of clothes gross sales had been made on-line prior to now month

    Apparel sales in the US rebounded sharply last month, driven by an increase in online purchases as consumers changed their spending habits, Mastercard executive vice president Linda Kirkpatrick told CNBC on Tuesday. “We’ve definitely seen a change in the way consumers spend money during the pandemic,” Kirkpatrick, director of the US merchant and adoption department,…

  • The smallest companies can nonetheless apply for the paycheck safety program

    The smallest companies can nonetheless apply for the paycheck safety program

    A small business owner in Chinatown, San Francisco Source: CNBC Time is running out for the smallest businesses to access the priority application deadline for the Small Business Administration’s Paycheck Protection Program. However, these companies, along with small businesses of any size, can still apply for out-of-priority loans. The 14-day priority window announced by the…

  • “Gamification” of inventory buying and selling is just not an issue

    “Gamification” of inventory buying and selling is just not an issue

    Senator Pat Toomey told CNBC on Tuesday that he welcomed stock trading apps that make investing more accessible and dismissed complaints from some that brokers like Robinhood had “gamified the stock market”. The Pennsylvania Republican commented on Squawk Box ahead of Tuesday morning’s Senate Banking Committee hearing on retail investors and the GameStop trading frenzy…

  • Buckingham Palace’s response to Harry and Meghan’s Oprah interview

    Buckingham Palace’s response to Harry and Meghan’s Oprah interview

    Queen Elizabeth II looks out of a window at Pinewood Studios’ underwater stage on November 2, 2007. Pool / Tim Graham Picture Library | Tim Graham Photo Library | Getty Images LONDON – All eyes are on Buckingham Palace after Prince Harry and the Duchess of Sussex conducted an explosive interview with Oprah Winfrey on…

  • The all-female management crew leads Uncle Nearest Whiskey to historic progress

    The all-female management crew leads Uncle Nearest Whiskey to historic progress

    Onkel Nearest Premium Whiskey, a brand that recognizes the world’s first known African-American distiller, and his all-female management team smash stereotypes and break glass ceilings. Executive director and founder Fawn Weaver said she attributes her company’s success not only to building a workforce that reflects America, but also to inviting all consumers to her table.…

  • Analyst on the outlook for Prime Glove, Malaysian glove shares

    Analyst on the outlook for Prime Glove, Malaysian glove shares

    SINGAPORE – The recent fall in prices for Malaysian rubber glove manufacturers is “unjustified,” said an analyst who predicts further uptrend for stocks. Top Glove, the world’s largest manufacturer of rubber gloves, was down 17.7% this year at the close of trading on Monday. The smaller colleagues Hartalega, Supermax and Kossan fell between 18% and…

  • Xpeng predicts it can ship fewer electrical vehicles than Nio

    Xpeng predicts it can ship fewer electrical vehicles than Nio

    Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan speaking to the media at the 2020 Beijing Auto Show. Evelyn Cheng | CNBC BEIJING – Chinese electric car maker Xpeng predicts that it will deliver far fewer cars in the first three months of the year than competing start-up Nio. Xpeng, which…