In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT “Everything on Sale” signs at a Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images The auction process for Bed Bath & Beyond and its assets was extended once again
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Lionel Messi celebrates his second goal of the match between Honduras and Argentina at Hard Rock Stadium, Miami, Sept 23, 2022. Icon Sportswire | Icon Sportswire | Getty Images It’s been three days since soccer legend Lionel Messi shocked the soccer world by announcing his move to MLS club Inter Miami FC after parting ways
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix sign in page displayed on a laptop sscreen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2023. Jakub Porzycki | Nurphoto | Getty Images The Netflix crackdown on password sharing is
In this article TSLA F GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station at on May 26, 2023 in Merklingen, Germany. Harry Langer/ | Defodi Images | Getty Images In a matter of weeks, Ford Motor, General Motors and Tesla appear to have shifted the tide on electric vehicle charging
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Bob Michele, Managing Director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group at JPMorgan. CNBC To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate hikes
In this article PL Follow your favorite stocksCREATE FREE ACCOUNT A satellite image captured by a SkySat shows the breached Kakhovka dam in Ukraine, June 6, 2023. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance following when it reported first-quarter results Thursday. The company lowered its guidance
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.
People walk in Central Park as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. Timothy A. Clary | AFP | Getty Images Smoke from Canada wildfires is set to disrupt flights again Thursday after hundreds were delayed a day earlier due to decreased visibility, the Federal Aviation
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Ryan Cohen from an appearance on CNBC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than 20% in extended trading after the video game retailer
The proposed merger between the PGA Tour and its Saudi-funded rival LIV Golf stunned everyone from golfers to Wall Street bankers this week – leaving many with questions about what the merger could mean. The deal was announced following months of feuding and antitrust lawsuits between the two leagues. The agreement would end all pending
Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN Chris Licht is out at CNN after leading the news network for a little more than a year, according to a person familiar with the matter. The chief executive’s departure comes as he faced a rebellion among CNN’s talent and staff. His tenure was riddled
In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | NurPhoto | Getty Images Global drugmaker Merck on Tuesday sued the Biden administration over Medicare‘s new powers to substantially reduce drug prices for seniors under the Inflation Reduction Act, the opening salvo in the pharmaceutical industry’s efforts to weaken the program. In
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Tuesday warned about a new defect on its
PGA TOUR flag during the first round of the Korn Ferry Tour’s The Bahamas Great Exuma Classic at Sandals Emerald Bay golf course on January 12, 2020 in Great Exuma, Bahamas. Ben Jared | PGA TOUR via Getty Images The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf in a deal that
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the possibility of the U.S. defaulting on its debt, outside the U.S. Capitol in Washington, U.S., May
In this article AAPL DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO, Disney at Apple program Source: Apple The Walt Disney Company has always been at the forefront of new storytelling technology. On Monday, it announced a new partnership with Apple to bring its streaming service Disney+ to the tech giant’s new augmented
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT – General Motors plans to invest more than $1 billion in two Michigan
Beer isn’t as much of a bargain as it used to be. Americans are drinking fewer brews, and the sector is steadily losing market share to spirits. Beer companies, faced with rising operating costs in areas like packaging and transportation, have raised prices and seen bigger profits, with consumers footing the bill. related investing news Here’s
Francesco Riccardo Iacomino | Moment | Getty Images Persistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations. A Deloitte survey from last month found that 50% of respondents
In this article DD MMM Follow your favorite stocksCREATE FREE ACCOUNT Just outside of Bangor, Maine — the hometown of renowned horror author Stephen King — more than 500 students, faculty and staff arrive at Hermon High School each day. But since November, they can no longer drink the water. All the fountains are taped
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options. But today, as inflation puts pressure on their wallets, consumers
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Images | Getty Images Diamond Sports, the owner of regional sports networks, was ordered this week by a bankruptcy
A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. Michael Wayland / CNBC DETROIT — The automotive and logistics industries are no strangers to robots. They’re among the most heavily invested
Shipping containers are seen at a terminal inside the Port of Oakland. Carlos Barria | Reuters West Coast ports are shutting down as union workers “no show” after a breakdown in negotiations with port management. The Port of Oakland was shut down Friday morning due to insufficient labor for terminal operations, a stoppage that is
Worker labors on a production line at factory of Qilu Pharmaceutical (Hainan) Co Ltd on February 11, 2022 in Haikou, Hainan Province of China. Su Bikun | VCG | Getty Images The Food and Drug Administration has authorized the temporary importation of an unapproved chemotherapy drug from China in an effort to ease an acute
A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel – Buy Buy Baby – may live to see another
In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT Lululemon reported earnings that beat Wall Street’s estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares of the company surged more than 12% in extended trading. related investing news Constellation Brands vs.
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht is about to get some help running his news network from a longtime close confidant of Warner Bros. Discovery chief executive officer David Zaslav. Licht has hired David Leavy as CNN’s
A shopper at a Dollar General store Daniel Acker | Bloomberg | Getty Images Dollar General’s core customers are reining in their spending amid a worse than expected macroeconomic backdrop, leading the discounter to slash its full year outlook after a dismal earnings report Thursday. Shares of Dollar General plunged about 16% in morning trading
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan. Justin Sullivan
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