The rise in popularity of home cooking that occurred early in the coronavirus pandemic has been sustained, according to McCormick & Company CEO Lawrence Kurzius.  "This has really become a trend that's becoming a habit," Kurzius said in an interview Tuesday on CNBC's "Mad Money."  Shares of the spice maker fell 2.7% on Tuesday...
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC Check out the companies making headlines after-hours Tuesday: Regeneron Pharmaceuticals — The pharmaceutical company said trial data for its coronavirus antibody cocktail showed it reduced "viral levels and improved symptoms in non-hospitalized COVID-19 patients." Regeneron shares were halted in after-hours trading. Micron Technology — Micron...
NEW YORK--(BUSINESS WIRE)--TVB (www.tvb.org), the not-for-profit organization representing the local broadcast TV industry, today released an analysis of registered voters from a national COVID-19 study, conducted by Dynata. The analysis reveals voters’ media preferences, as well as their plans to vote early, by email or in-person, which differ by...
NEW YORK--(BUSINESS WIRE)--Today, the Community Development and Human Services Committee of the Atlanta, Georgia City Council voted 6-0-1 to advance legislation that would offer all Atlanta renters the choice to use low-cost alternatives like Rhino’s insurance program in place of burdensome cash security deposits. According to Brookings, more than 40%...
Prolonged closures at Disney's California-based theme parks and limited attendance at its open parks has forced the company to lay off 28,000 employees across its parks, experiences and consumer products division.In a letter sent to employees on Tuesday, Josh D'Amaro, head of parks at Disney, detailed several "difficult decisions" the...
Citigroup Vice Chairman Raymond J. McGuire on October 10, 2019 in New York City. Jim Spellman | Getty Images Citigroup's Ray McGuire has recently huddled with several of his allies on Wall Street in a bid to gain their support for what appears to be a likely run for mayor of...
PHOENIX--(BUSINESS WIRE)--Today Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, announced a $1.0 billion increase to its current loan sale program with Ally Financial Inc. (NYSE: ALLY), demonstrating the success of the previous increase and extension of the facility completed earlier this year. This...
DivvyDose Source: DivvyDose UnitedHealth Group, the United States' largest health insurer, has acquired DivvyDose, a start-up that helps patients with chronic illness get their medicines delivered in pre-sorted packages, according to a person familiar with the deal. The deal price was just...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive LED headlamps market and it is poised to grow by USD 2.35 billion during 2020-2024, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and...
Ethan Brown, founder and chief executive officer of Beyond Meat, center, celebrates with his wife Tracy Brown, center left, and guests during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies...