Snap reaches 500 million monthly users
Snap said Thursday that Snapchat has reached 500 million monthly active users.
CNBC US News
Oatly shares soar 18% in company's public market debut on Nasdaq
Oatly priced its U.S. initial public offering at $17 per share, raising $1.4 billion.
Virgin Galactic shares jump after next spaceflight test is set for Saturday
The space tourism company hopes to begin commercial service in 2022.
The Fed this summer will take another step in developing a digital currency
The Federal Reserve will release a research paper this summer that explores a move to a central bank digital currency.
10-year Treasury yield retreats as investors digest Fed taper talk
Treasury yields fell on Thursday morning, following hints from the Fed that it might taper its asset purchases if the economy continues to recover rapidly.
McDonald's shareholders reelect board members despite criticism over ex-CEO's firing
McDonald's shareholders approved reelecting all of the company's board members during its annual meeting based on preliminary results.
House passes $1.9 billion Capitol security bill that faces Senate roadblocks
The House passed the security funding bill in response to the Jan. 6 insurrection, but it faces potential Republican opposition in the Senate.
U.S. reports fewer than 30,000 cases for five straight days, with the nation averaging 1.8 million daily vaccinations
The U.S. has reported fewer than 30,000 new infections for five straight days, bringing the seven-day average of daily new infections to about 30,300.
U.S. will keep Covid travel restrictions at Canada, Mexico land borders through June 21
The decision to keep the restrictions in place for another month was announced amid a decline in Covid infections and deaths in the U.S.
Ford announces joint venture with SK Innovation to manufacture EV battery cells in U.S.
Production of the battery cells as well as supporting modules is expected to start by mid-decade, the companies said.
Number of 401(k) and IRA millionaires hits record one year after Covid, Fidelity says
Although many Americans are still out of work and struggling, the recent stock market run-up has buoyed retirement savings account balances to record levels.
Twitter reopens its verification process for first time since 2017
Twitter on Thursday reopened its verification application process to the public for the first time since putting it on pause in November 2017.
Google's first retail store, where it will sell phones and other gadgets, to open this summer in New York
The first-ever Google store is in the Chelsea neighborhood, located in the building has Google's NYC offices.
Ford already has 20,000 reservations for new electric F-150 Lightning pickup
The automaker unveiled the vehicle during an elaborate presentation at the company's world headquarters in Dearborn, Michigan.
Jobless claims drop more than expected for a new pandemic low
Initial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow Jones estimate.
McDonald's board faces shareholder pushback over its handling of CEO ouster
McDonald's board will likely face tough questions from shareholders on Thursday about how it handled the firing of former CEO Steve Easterbrook.
Why thefts of cars and pricey car parts have skyrocketed
Thefts of cars and catalytic converters — an expensive part used to filter exhaust — surged in 2020 amid the coronavirus pandemic.
Stocks making the biggest moves in the premarket: Virgin Galactic, Kohl's, Cisco Systems & more
The stocks making the biggest moves in premarket trading include Virgin Galactic, Kohl's, Cisco Systems
Cisco returns to growth but disappoints on earnings guidance
An extra week in the quarter helped boost Cisco's results, which showed a rise compared with the beginning of the Covid pandemic in the U.S.
House passes bipartisan plan to investigate Capitol insurrection as GOP leaders balk
The House passed a bill that would set up a 10-member commission to investigate the Jan. 6 insurrection at the U.S. Capitol.
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