Signage outside the Caesars Palace Hotel and Casino in Las Vegas, Nevada on Sunday, May 02, 2021. Roger Kisby | Bloomberg | Getty Images Walt Disney executives won’t be traveling to Las Vegas next month to attend the National Association of Theater Owners’ CinemaCon. The company cited growing concerns about the Covid-19 Delta variant, according…

Really tough seltzer Rob Kim | Getty Images Boston Beer shares closed 26% on Friday after disappointing demand for Hard Seltzer dragged the company’s quarterly earnings and earnings. The Sam Adams Brewery reported earnings of $ 4.75 per share on net sales of $ 603 million. Analysts polled by Refinitiv expected earnings of $ 6.69…

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 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…

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…

CNBC’s Jim Cramer said Friday that Wall Street will be overwhelmed with a full list of earnings reports from some of the biggest names in the business world next week. After the major averages all closed the session at all-time highs and shook off concerns about economic growth, the Mad Money host said that there…

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 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 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…

A health worker seen preparing the shot of Covid Vaccination to a beneficiary at a vaccination centre at Mandir Marg, on July 21, 2021 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images The delta variant was first detected in India last October and it led to a massive second wave of…