Shares Making The Greatest Strikes By Noon: Snap, Twitter, and Extra

Check out the companies that are making the headlines in midday trading. Snap – Snap shares rose 23.9% after better-than-expected earnings results in the second quarter. The social media company reported strong growth in users, engagement, and ads. Twitter – Twitter stocks rose roughly 3% after reporting the fastest revenue growth since 2014. The social …

Virgin Galactic former CEO George Whitesides on subsequent spaceflight

Virgin Galactic CEO George Whitesides CNBC | Michael Sheetz George Whitesides, the former CEO of Virgin Galactic, will fly on the company’s next spaceflight test, CNBC has learned. Sir Richard Branson made the announcement at a party on July 11 in Las Cruces, New Mexico — following his own spaceflight — after thanking Whitesides for …

What critics consider M. Evening Shyamalan’s thriller

Thomasin McKenzie and Alex Wolff star in M. Night Shyamalan’s “Old”. Universal M. Night Shyamalan’s latest film “Old” is not lacking in intrigue and tension, but it does not do justice to the director’s previous work, critics say. His latest thriller follows the family of four Guy (Gael Garcia Bernal), Prisca (Vicky Krieps) and their …

Boston Beer CEO admits Exhausting Seltzer gross sales missed in second quarter – “we do not look very good”

Boston Beer CEO David Burwick said Friday the company was surprised by disappointing sales of its Truly Hard seltzer in the second quarter and told CNBC in an interview that management doesn’t “look very smart” on its previous forecast. “The compromise between buying grocery and liquor stores and consuming it at home in bars during …

The Cleveland baseball staff modifications title to Guardians

The Cleveland Major League Baseball team is set to change its name to Guardians, as the franchise announced on Friday, dropping the racially offensive name by which it has been known for more than a century. The change was announced in a video on Twitter narrated by Academy Award winner Tom Hanks, who started his …

Bernie Madoff earned $710 in jail after Ponzi fraud conviction

Bernie Madoff leaves federal court in New York on March 10, 2009. Jin Lee | Bloomberg via Getty Images Some people might argue that Bernie Madoff was grossly overpaid even at just 24 cents per hour for working as an orderly in prison. Madoff, the late Ponzi scheme king who ripped off thousands of people …

Work flexibility ‘right here to remain’ in post-Covid world, says director at three Fortune 500 corporations

Companies are monitoring the spread of the delta Covid variant as they adapt return-to-office plans and prioritize giving flexibility to employees, a board member at three Fortune 500 companies told CNBC on Friday. “I believe there’s going to continue to be hybrid offerings. … Flexibility is here to stay, especially if you want to be …

GM Points Second Recall of Chevy Bolt EVs After Automobiles Catch Fireplace

Vermont State Police released this photo of the 2019 Chevrolet Bolt EV that caught fire in the driveway of State Representative Timothy Briglin, a Democrat, on July 1, 2021. Vermont State Police General Motors launched a second recall of its 2017-2019 Chevrolet Bolt EVs after at least two of the electric vehicles being repaired due …