Category: Business

  • MicroStrategy CEO defends bitcoin buys, compares it to investing early in Fb

    MicroStrategy CEO defends bitcoin buys, compares it to investing early in Fb

    MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time…

  • What the individuals who purchase them put on once they return to the workplace

    What the individuals who purchase them put on once they return to the workplace

    Commuters, most of whom wear face masks, will loop on the L-Train system in Chicago, Illinois on July 27, 2021. Scott Olson | Getty Images Johnny Reynolds has been spending part of his paycheck at Lululemon lately. Not for the gym, but as preparation for his return to the office. The 27-year-old public relations professional…

  • Washington Nationals will launch All-Star Starlin Castro for alleged home violence

    Washington Nationals will launch All-Star Starlin Castro for alleged home violence

    Washington Nationals second baseman Starlin Castro (13) during the Major League baseball game between the Philadelphia Phillies and the Washington Nationals on June 22, 2021 at Citizens Bank Park in Philadelphis, PA. Rich Grassle | Icon Sportswire | Getty Images The Washington Nationals said Friday they will release infielder Starlin Castro after he completes a…

  • Spirit Airways CEO Ted Christie urges workers, passengers to get Covid pictures

    Spirit Airways CEO Ted Christie urges workers, passengers to get Covid pictures

    Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even though the low-cost carrier has no plans to implement vaccine requirements. “Rising case counts with regard to the delta variant obviously is a concern for everybody,” Christie said on “Squawk Box.” The answer to that, we…

  • Walmart requires staff to put on masks in shops in excessive threat international locations

    Walmart requires staff to put on masks in shops in excessive threat international locations

    People wearing protective masks shop at a Walmart store in Hallandale Beach, Florida on May 18, 2021. Joe Raedle | Getty Images Walmart said Friday it will begin requiring masks for store workers in high-risk countries in the US regardless of vaccine status and effective immediately, as set in the latest CDC rankings. Buyers are…

  • Walmart company workers, managers have Covid vaccine by October

    Walmart company workers, managers have Covid vaccine by October

    Doug McMillon, president and CEO of Walmart. Adam Jeffery | CNBC Walmart Chief Executive Doug McMillon said Friday the retailer’s corporate staff as well as its management-level employees must be vaccinated against Covid-19 by Oct. 4, according to a memo obtained by CNBC. The mandate applies to all home office associates, in addition to market,…

  • Shares that make the largest strikes at midday: Amazon, P&G, Caterpillar, extra

    Shares that make the largest strikes at midday: Amazon, P&G, Caterpillar, extra

    In this photo illustration, an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA pictures | LightRakete | Getty Images Check out the companies that are making the headlines in midday trading. Amazon – Amazon stocks fell 7.6% after the tech giant’s second-quarter report missed Wall Street’s sales estimates…

  • Cryptocurrency is choosing up velocity to pay for trip getaways

    Cryptocurrency is choosing up velocity to pay for trip getaways

    Alexander Spatari | Moment | Getty Images You will likely have to use cryptocurrency to cash out the ransomware hacker who frozen your laptop, but where else could you put all of your bitcoins, ethereum and other digital coins in for actual use? Tesla may still be unsure whether Bitcoin will be accepted again for…

  • Scarlett Johansson’s agent slams Disney for lawsuit response

    Scarlett Johansson’s agent slams Disney for lawsuit response

    Scarlett Johansson attends the 2020 Vanity Fair Oscar Party at Wallis Annenberg Center for the Performing Arts on February 09, 2020 in Beverly Hills, California. David Crotty | Patrick McMullan | Getty Images “Black Widow” star Scarlett Johansson’s powerhouse agent on Friday slammed Walt Disney for accusing the actor of “callous disregard” for the dangers…

  • Disney tells staff and non-union staff to get vaccinated

    Disney tells staff and non-union staff to get vaccinated

    A performer disguised as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, the United States, on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images The Walt Disney Company announced on Friday that all employees and non-union workers in the United States must be fully vaccinated against…