FanDuel CEO Amy Howe stands out in a crowd — in spite of her slight stature. In a room full of executives in the sports or gambling industries, she’s often one of very few women. But Howe has th...
Tag: business news
Full-time office work is ‘dead,’ economist says
Morsa Images | Digitalvision | Getty Images Workers and companies see benefits of remote work In 2019, about 5% of full-time work was done from home. The share ballooned to more than 60% in April and ...
ESPN wants to be the hub of all live sports streaming
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...
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&#...
Leylah Fernandez urges athletes to become financially literate
Leylah Annie Fernandez of Canada returns a backhand against Anastasia Pavlyuchenkova of Russia during their singles first round match in the Internazionali BNL D’Italia at Foro Italico on May 09...
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...
CRM, BBY, M and more
A worker enters the SalesForce Tower in San Francisco, California, U.S., on Monday, March 14, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bel...
Stocks moving big after hours: SI, CRM, SNOW, OKTA
Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesfor...
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...
Euro zone prices dip to 8.5% as ECB flags rate hiking not over.
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next. Bloomberg | Bloomberg | Getty Images Inflation in the euro zone eased slightly in th...
A year later, the Fed still has a long way to go in the fight against inflation
A grocery cart sits in an aisle at a grocery store in Washington, DC, on February 15, 2023. Stefani Reynolds | AFP | Getty Images It was a year ago this month that the Federal Reserve launched its fir...
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...
Stocks making the biggest moves premarket: RIVN, KSS, NVAX
Monster Beverage Corp. drinks. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Rivian — Shares of the electric vehicle maker tumbled more than 9%...
$33 billion fintech giant Revolut reports first-ever annual profit
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to ...
Stocks moving big after the bell: FSLR, AMC, NVAX
A worker installs First Solar Inc. photovoltaic solar panels at the Agua Caliente Solar Project in Yuma County, Arizona. Joshua Lott | Bloomberg | Getty Images Check out the companies making headlines...
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 ...
MSG Networks to launch streaming service for Knicks, Rangers
Artemi Panarin #10 of the New York Rangers celebrates with teammates after scoring a goal in the third period against the Los Angeles Kings at Madison Square Garden on February 26, 2023 in New York Ci...
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...
Netflix ‘Stranger Things’ stage play coming to London’s West End
(L-R) Actors Noah Schnapp, Caleb McLaughlin and actress Sadie Sink pose after the Stranger Things panel during day 2 of Argentina Comic Con 2018 at Costa Salguero on December 08, 2018 in Buenos Aires,...
Mortgage demand falls as interest rates rise
A potential buyer with her realtor view a home listed for sale during an open house in Parkland, Florida. Carline Jean | Tribune News Service | Getty Images Mortgage rates moved higher again last week...
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...
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening ...
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...