Amazon’s Prime Early Access sale: What’s in store When Amazon’s sale kicks off Oct. 11, expect to find the best discounts on Amazon devices, such as the Kindle, Echo and Fire TV stre...
Tag: Amazon.com Inc
Postal workers in the UK agree crunch strike talks with Royal Mail bosses
LONDON – August 26, 2022: CWU general secretary Dave Ward (in grey suit jacket) visits the picket line in Whitechapel on August 26, 2022. Members of the Communication Workers Union (CWU) voted i...
Showtime chief’s exit signals Paramount moving toward streaming merger
Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who has run the premium network Showtime ...
Don’t expect cable TV-like package for streaming services any time soon
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streami...
Rally, selling shares, Club stocks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Rallying stocks Trimming o...
Peloton will put bikes in every Hilton hotel in the U.S.
Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton will put bikes in all 5,400 Hilton-branded hotels in the Un...
Stocks jump, two trades and Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks jump We made two tra...
Walmart bets inflation will push customers to join subscription service
Walmart launched its subscription service, Walmart+ in 2020. It has added perks, including deeper gas discounts and free access to Paramount+. Walmart Americans have tons of subscriptions. Even with i...
Unions could face obstacle in 2023 if economy falls into recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen...
Lionsgate leans toward spinning off studio business instead of Starz
Michael Burns Michael Newberg | CNBC Lionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter. This wou...
Netflix is losing the streaming war amid Disney+’s rapid growth
Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series...
Keurig Dr Pepper, CSX, Li Auto and more
Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Stre...
We’re delighted Amazon’s second Prime Day promises to boost sales ahead of the holidays
The announcement of a second Prime Day from Amazon (AMZN) sent shares of the e-commerce giant higher Monday. As shareholders for the Club, we’re encouraged by the prospect of Prime’s 150 m...
How Bryan Lourd became one of the most powerful people in Hollywood
Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment ...
Wynn Resorts, Planet Fitness, AMC, Lyft and more
An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Check...
What Kroger, Walmart, Target learned from China about grocery’s future
Now going on 140 years in business, Cincinnati-based Kroger sped up its push into digital retailing during the pandemic, and grocery store chain isn’t looking back. Kroger has adopted an o...
JetBlue fleet service workers seek union vote
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images A major airline union said Friday that it has enough support am...
Bed Bath & Beyond merchandise problems could cripple turnaround plan
A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revi...
Twitch announces ban on unlicensed gambling livestreams after backlash
Twitch logo displayed on a laptop screen and a gamepad are seen in this illustration photo taken in Krakow, Poland on August 23, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitch said it is planni...
Peloton adds $3,195 rowing machine to fitness equipment lineup
Peloton Rowing Machine Courtesy: Peloton Peloton is adding rowing machines to its lineup as the company works through a restructuring to expand its customer base and return to a profit. The fitness-ma...
Amazon says ‘Thursday Night Football’ NFL stream draws record Prime signups
Los Angeles Chargers tight end Gerald Everett (7) during a 26-yard reception in the fourth quarter of an NFL game between the Los Angeles Chargers and Kansas City Chiefs on September 15, 2022 at GEHA ...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
3 takeaways from Friday’s meeting, including how defensive plays are wins in this two-sided market
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. There is a bifurcation in t...
Walmart unveils virtual fitting room to push shoppers to buy more clothes
Walmart is rolling out its latest version of virtual try-on, which allows shoppers to upload an image of themselves and see how items would look. Walmart As some shoppers reduce their spending on clot...
SES CEO on satellite broadband company’s difference from SpaceX’s Starlink
PARIS — European satellite broadband operator SES wants to distinguish its services from the likes of industry challengers in SpaceX’s Starlink and Amazon’s Kuiper, as the company looks to...
sustainability efforts and profits can coexist
Making profits and doing right by shareholders and working on ways to protect the environment and mitigate climate change are not mutually exclusive, Adam Selipsky, CEO of cloud leader Amazon Web Serv...
Peloton co-founders John Foley and Hisao Kushi are leaving the company
Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCar...
Rivian’s Mercedes partnership an important international win for the EV maker, say analysts
Rivian Automotive’s recently announced partnership with Mercedes-Benz Group spells good news for the electric vehicle maker, according to analysts. Last week Rivian Automotive Inc. RIVN, +0.89% and Me...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...