Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching...
Tag: Breaking News: Business
Griffin’s Citadel hedge fund is up again in 2023 after a record year
Ken Griffin, the founder and CEO of Citadel, in 2014. E. Jason Wambsgans | Tribune News Service | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund matched the broader market&#...
Ford’s February auto sales jump 22% from subdued 2022 results
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Mi...
SpaceX launches NASA Crew-6 mission
A long-exposure photograph shows SpaceX’s Falcon 9 rocket carrying the Crew-6 mission in the company’s Joel Kowsky / NASA SpaceX launched four people to the International Space Station fro...
Best Buy (BBY) earnings Q4 2023
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported holiday-quarter earnings and revenue that topped Wall Street’...
Macy’s (M) earnings Q4 2022
People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares surged Thursday, as the comp...
Polestar (PSNY) Q4 earnings: EV production ramps up
Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups. The...
David Einhorn says investors should be ‘bearish on stocks and bullish on inflation’
Greenlight Capital’s David Einhorn said Wednesday he’s keeping his negative stance on the stock market as inflation and interest rates could shoot higher. “I think we should be beari...
Bernie Sanders calls vote on Starbucks’ Howard Schultz subpoena
Starbucks Chairman and former CEO Howard Schultz Jason Redmond | AFP | Getty Images Sen. Bernie Sanders is making good on his threat of a subpoena for Starbucks CEO Howard Schultz on what Sanders has ...
Schumer, Jeffries pressure Murdoch, Fox News on election claims
Two top Democrats in Congress are calling on Fox Corp Chairman Rupert Murdoch and the leadership of Fox News “to stop spreading false election narratives and admit on the air that they were wron...
Delta pilots wrap voting on new contract with big raises
A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wr...
Il Makiage creator Oddity says it’s profitable
Oddity Il Makiage Coutesy: Oddity Oddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that...
Kohl’s (KSS) earnings Q4 2022
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares sunk ...
Lowes (LOW) Q4 earnings 2022
A Lowe’s Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s on Wednesday report...
Rivian (RIVN) earnings Q4 2022
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automo...
Rocket Lab (RKLB) Q4 2022 earnings
Electron rockets undergo preparation for launch. Rocket Lab Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the ...
Target invests in cheap chic as sales slow
An increased number of mannequins feature clothing and shoes throughout the remodeled Target store in Orange, California. Jeff Gritchen | MediaNews Group | Getty Images NEW YORK — As Target sees growt...
Virgin Galactic (SPCE) Q4 2022 earnings, spaceflights update
An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic said on Tuesday it remains on track to ...
UAW leadership upheaval peaks ahead of automaker negotiations
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Auto Workers pr...
‘Ant-Man and the Wasp: Quantumania’ box office declines
Marvel Studios’ “Ant-Man and the Wasp: Quantumania.” Disney Not every Marvel movie can be “Avengers: Endgame.” That’s the sentiment from box office analysts after t...
SpaceX begins launching V2 Mini Starlink satellites
A Falcon 9 rocket launches a Starlink mission from Florida on Feb. 27, 2023. SpaceX Elon Musk’s SpaceX has launched the first batch of its next-generation Starlink internet satellites as the com...
Target (TGT) earnings Q4 2022
A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Target on Tuesday topped Wall Street’s earnings expectations for the first time in a year, as its holiday-quarter ...
Warren Buffett annual letter Berkshire Hathaway: stock buybacks
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S...
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Warren Buffett published his highly anticipated annual letter to Berkshire Hathaway shar...
Space Force rocket launch acquisitions takes ‘mutual fund approach’
The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches from companies next y...
Ford delays F-150 Lightning production another week after battery fire
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to...
Buffett’s must-read annual letter lands Saturday. What to expect
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s loyal following of value investors is about to hear from the legend himself, at a crucial time when intere...