Business

Latest news update about Business from various trusted source.

Andy Warhol’s ‘Marilyn’ sells for $195 million, sets American record

A woman takes a photo of Andy Warhol’s ‘Shot Sage Blue Marilyn’ during Christie’s 20th and 21st Century Art press preview at Christie’s New York on April 29, 2022 in New York City. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) Angela Weiss | Afp …

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Biden calls Congress to pass Ukraine aid before new Covid funding

President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Covid-19 funding, warning that U.S. aid for that country’s fighters has nearly been exhausted. Biden’s new position marked a reversal from his insistence last month that …

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Papa John’s delivery driver staffing levels are getting ‘progressively better,’ CEO says

Papa John’s is seeing improvement in staffing levels for delivery drivers, CEO Rob Lynch told CNBC’s Jim Cramer on Monday. “April was a challenging month, but our staffing situation has gotten progressively better. We’re starting to get drivers to come in and take the orders. … Our demand is still …

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Inside the $23.5 million house that may break local California record

The ocean views from the most expensive mansion to ever sell in Encinitas, CA. Rancho Photos A $23.5 million modern mansion overlooking the Pacific Ocean in Southern California is set to officially hit the market on May 14, and in doing so become the most expensive home ever up for …

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Covid Novavax (NVAX) Q1 2022 earnings

Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still missed earnings and revenue expectations. Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same …

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Use market downturn to upgrade your portfolio, Jim Cramer says

CNBC’s Jim Cramer on Monday said that investors willing to brave the current market should switch out their nonprofitable holdings for stocks that have cheap valuations and better-than-average growth rates. “I’m not advocating staying in the market, so much as I want you to take some losses and swap into …

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Stock futures are slightly higher after S&P 500 falls to its lowest level in more than a year

U.S. stock futures are slightly higher on Monday night after the S&P 500 fell to its lowest point in more than a year. Dow Jones Industrial Average futures rose by 65 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and 0.2%, respectively. Shares of AMC and Novavax …

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Stocks making the biggest moves after hours: AMC, Novavax and more

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Check out the companies making headlines after hours. AMC — Shares jumped 4% after the entertainment company reported its “strongest first …

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AMC (AMC) Earnings Q1 2022

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Not even the tag-team of Spider-Man and Batman could make AMC Entertainment profitable during the first quarter. Still, shares of the movie theater chain rose …

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