[The company’s livestream is slated to begin at 6:05 p.m. ET. Please refresh the page if you do not see the video player above.] Space company Rocket Lab on Monday will attempt to catch the boos...
Tag: Business
Stock futures are lower after big market reversal to start May
Traders on the floor of the New York Stock Exchange, April 27, 2022. Source: NYSE U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jon...
Denver Broncos sale: Where things stand
Cameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. Dustin Bradford | Getty...
Chegg, Clorox, Devon Energy and more
Check out the companies making headlines after hours. Chegg — Shares tumbled nearly 30% after the textbook company reported weak full-year guidance despite exceeding earnings expectations. In its most...
Stellantis plans $2.8 billion EV overhaul of Canadian factories
Flag with the Stellantis logo on the front entrance to FCA’s Mirafiori plant on January 18, 2021 in Turin, Italy. Stefano Guidi | Getty Images Auto giant Stellantis will invest about $2.8 billio...
Atlassian co-CEO Cannon-Brookes takes 11% ownership of AGL Energy
Atlassian Co-CEO Mike Cannon-Brookes poses for a photo with Utah Jazz co-owners, Dwyane Wade and Ryan Smith during Round 1 Game 3 of the NBA Playoffs on April 21, 2022 at vivint.SmartHome Arena in Sal...
Berkshire Hathaway May Have Sold Verizon Stock in Q1, Bought $10 Billion of Financials
Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hatha...
150,000 using SpaceX’s Starlink in daily average
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter Elon Musk’s SpaceX is continuing to expand its Starlink satell...
Biden starts $3 billion plan to boost battery production for EVs
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden ad...
Web3 business disrupted Ethereum blockchain: users rushed to buy NFTs of virtual plots in Otherside
A total of 55,000 Otherdeeds were sold at a flat price of 305 ApeCoin, or around $5,800 at the time of purchase, raising approximately $320 million in the “biggest NFT mint in history.” Yuga Labs, the...
Mortgage rates surge as home affordability nears record worst
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to...
How to manage a surprise increase in money if you sold your business
When Kristen Heaton launched her own business in 2013, she never dreamed she’d sell it for seven figures. So, when she sold it to Amazon aggregator Perch in July 2021, she hired a financial advi...
DeFi service platform BXH announces relaunch & business transformation
Following an intensive 6-month period after a high-profile theft, BXH (DeFI) Decentralize Finance Service Platform is now able to move beyond the focus of investigations, cooperating with security age...
4 Takeaways From the Berkshire Hathaway Annual Shareholders Meeting
Text size Warren Buffett. Drew Angerer/Getty Images OMAHA, Neb.—The 2022 Berkshire Hathaway annual shareholders meeting took place in person on Saturday, with tens of thousands of Warren Buffett fans ...
Berkshire Hathaway’s Charlie Munger Takes Another Swipe at Robinhood
Charlie Munger’s opinion of Robinhood HOOD -2.82% Markets Inc. hasn’t improved in the past year. If anything, it has become more negative. “It was pretty obvious that something like that was going to ...
How cinemas are going beyond studio marketing to lure moviegoers back
A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images “If you build it, they will come.” Universal...
Detroit rivalry remains even as GM, Ford and Stellantis take on Tesla
Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. The F-150 Lightnin...
Airlines face big rebooking challenges this summer
Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles Internati...
Can I live without it?
A pedestrian carries shopping bags in the Herald Square area of New York, U.S., on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to...
Buffett invests big chunk of Berkshire Hathaway’s cash
Berkshire Hathaway’s first-quarter earnings fell more than 53% on a large swing on the paper value of its investments, but Warren Buffett found ways to put some of the company’s massive cash pile to w...
At the Berkshire Hathaway meeting, Warren Buffett aims to assure shareholders
OMAHA, Neb. — At the start of the Berkshire Hathaway BRK.B, -2.55% BRK.A, -2.94% annual meeting on Saturday, chairman and chief executive officer Warren Buffett wasted no time speaking to the question...
Warren Buffett Says Markets Have Become a ‘Gambling Parlor’
OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...
Bill Murray reflects on inappropriate behavior that led to the shutdown of his latest film
Bill Murray is still reflecting on his inappropriate behavior, which led to a production shutdown on the Searchlight Pictures’ film “Being Mortal” last week. On Saturday, the actor t...
Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting
OMAHA, Neb.—The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addre...
Robinhood makes significant strides in crypto business in Q1 despite falling revenue
On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm’s net revenue declined by 43% to $299 million. Specific...
Starbucks union files NLRB complaint citing CEO Schultz’s benefits comments
The union representing Starbucks baristas is taking aim at the coffee giant’s interim chief executive, Howard Schultz, alleging his recent comments about an improved benefits plan amounted to il...