M&Ms’ beloved characters are getting a new look

The candy’s anthropomorphized chocolate characters are getting a facelift, and the logo is getting a makeover, too. retouch. But the most notable change is to the six M&M characters: new shoes. Green has traded in his go-go boots for sneakers. Brown wears lower and more comfortable heels. Red and Yellow’s shoes now have laces. Orange … Read more

Growth bargains, upbeat earnings take Wall Street higher

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File photo Sign up now for FREE unlimited access to Reuters.com Check in Commuters rise after reporting record quarterly profit Baker Hughes jumps on fourth quarter earnings release Netflix to report quarterly results … Read more

December home sales drop 4.6%, as supply hits record low

A “Sold” sign stands outside a home after a snowfall in Geneseo, Illinois. Daniel Aker | Mayor Bloomberg | fake images Closed existing home sales in December fell 4.6% to a seasonally adjusted annualized rate of 6.18 million units, according to the National Association of Realtors. Sales fell 7.1% year over year. Still, December rounded … Read more

Stocks Open Higher After Nasdaq Enters Correction

US stocks rose at the start of the day, putting the indices on course to cut some of the steep losses that came as investors repositioned their portfolios, spooked by the prospect of tighter monetary policy and slower growth. The Nasdaq Composite Index rose 0.9% in early trading on Thursday, a day after a late … Read more

5G rollout: What consumers need to know as Verizon and AT&T expand coverage this week

AT&T and Verizon are this week expanding their 5G service across much of the US, bringing faster internet speeds and more capacity. and despite a public dispute between telcos and airlines that grounded flights and delayed system rollout near some airports, broader rollout continues as planned. Here’s what you need to know about the AT&T-Verizon … Read more

American Airlines (AAL) reports 4Q 21 results

An American Airlines passenger plane approaches for landing at LAX during the coronavirus disease (COVID-19) outbreak in Los Angeles, California on April 7, 2021. mike-blake | Reuters American Airlines posted its highest revenue of the pandemic during the fourth quarter as bookings rose, but still reported its second straight annual loss during a volatile year. … Read more

‘Bear squeeze?’ U.S. stock futures rise after recent weak spell

US stock futures advanced on Thursday as investors debate how far stocks will pull back as bond yields rise. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.38% increased 110 points, or 0.3%, to 35020 Futures on the S&P 500 ES00, +0.42% rose 0.4%, or 17 points, to 4,542 Futures on the Nasdaq … Read more

Why Netflix is raising prices

The company boosted subscriber costs Friday, a move that raised its stock price and eyebrows across the streaming world as well as the question, “why?” “They clearly believe they still have the pricing power to do so and that they provide an exceptional value for the money,” Andrew Hare, a senior vice president of research … Read more

IDC on China’s semiconductor tech ambitions

Even as China spends billions to build up its domestic semiconductor sector, it is still some time away from achieving the capabilities needed to produce cutting edge chips, an analyst said on Wednesday. Semiconductors are used in everything, from smartphones and computers to cars as well as home appliances. “I still believe that [China is] … Read more