Veru: “No, [I don’t think Veru shares will increase as much as Moderna’s did if Veru’s Covid treatment receives emergency use clearance]. I think Veru also needs to have that e...
Tag: Business
This week is all about Powell, but don’t overlook any great earnings reports
Wall Street is collectively bracing for Federal Reserve Chairman Jerome Powell’s speech later this week, CNBC’s Jim Cramer said Monday after the major U.S. stock indexes tumbled. Powell...
Here’s why meme-stock manias are bad news for the Nasdaq
CNBC’s Jim Cramer said he’s not shocked by the Nasdaq‘s plunge on Monday, explaining that last week’s Bed Bath & Beyond trading frenzy indicated weakness in the index could...
‘House of the Dragon’ is largest HBO series premiere in history
Milly Alcock as Rhaenyra Targaryen in HBO’s “House of the Dragon,” a prequel to “Game of Thrones.” Warner Bros. Discovery HBO’s “House of the Dragon” ha...
AMC’s new ‘APE’ units are a meme-friendly way to raise cash fast
AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain&#...
Trump PAC paid lawyers almost $1 million amid Georgia, New York probes
Former President Donald Trump‘s political action committee, Save America, paid nearly $1 million to civil and criminal defense attorneys in July alone as investigations into him and the Trump Or...
Ford to eliminate 3,000 jobs in an effort to cut costs
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor is cutting about 3,000 jobs from its global workforce, as the automaker attempts to lower costs as part of r...
Why “Lot Is at Stake,” John Deaton on Fox Business
Tomiwabold Olajide Gensler’s focus on RippleXRP reveals intentions to widen SEC’s oversight John Deaton, founder of CryptoLaw, criticized the SEC’s overreach in an op-ed that appeare...
Stock Market Pulls Back; Buyers On Strike Ahead Of Nvidia And Powell| Investor’s Business Daily
The stock market indexes opened sharply lower for the second session in a row on Monday, led by small caps and tech stocks. Caution is building ahead of Fed Chairman Jerome Powell’s Jackson Hole...
Classic car auctions in Monterey score a record $469 million
Wealthy car collectors shrugged off recession worries and spent over $460 million at classic car auctions in Monterey this weekend, according to insurance and lifestyle company Hagerty. Over 790 cars ...
McDonald’s board adds three new directors in shake-up
The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s board is gaining three new members and losing one longtime dir...
Australian bank to scrap loans for new diesel and gasoline cars
Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Austra...
House of the Dragon and Rings of Power are coming: What’s at stake
Promos for HBO MAX Game of Thrones: House of the Dragon (L), and Prime Video Lord of the Rings: The Rings of Power. HBO Max | Amazon As summer comes to an end, two expensive fantasy series filled with...
Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley
Stock sellers are ready to pick up where they left off on Friday, as the market appears to be is waking up from its August slumber with a vengeance. As Goldman Sach’s chief U.S. equity strategist Davi...
Warren Buffett’s Likely Successor Owns Little Stock in Berkshire Hathaway
Text size Greg Abel, center, during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in April. Dan Brouillette/Bloomberg Ownership of Berkshire Hathaway stock is a big part o...
How New Media Is Changing The Way We Do Business
PARIS, FRANCE – OCTOBER 08: In this photo illustration, the social medias applications logos, … [+] Twitter, Google, Google+, Gmail, Facebook, Instagram and Snapchat are displayed on the s...
Shoppers Are Getting Cheap. Here Are Stocks to Buy in a Trade-Down Economy
I regret buying a twin pack of 40-ounce ranch dressing jugs this past week. It’s not that I over-ranched—the warehouse club industry was built around rewarding extreme condiment commitments with low u...
Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares
Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a r...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace. American companies are on pace to reshore, or return to the U.S., nearly 350,000 jobs this year, according to a report...
Warren Buffett Not Expected to Bid for Control of Occidental Following Stake Boost
Warren Buffett’s bid to boost his big stake in Occidental Petroleum even further isn’t expected to serve as a prelude to a full takeover of the resurgent energy company by the widely watched billionai...
Regal Owner Cineworld Nears Bankruptcy as Theater Comeback Lags
Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar ...
Here’s what a leading bull and bear are saying comes next as markets stall
The stock market has all but stalled this week. The S&P 500’s 200-day moving average has seemingly morphed from magnet to resistor. It’s the summer: NYSE composite volume was the lowest of the yea...
Should you set up a joint account with your adult child?
Some retirees love to count their money. But even they may reach a point where they tire of paying bills and tracking their cash flow. Seniors who start to worry about cognitive impairment may want to...
Binance Secures Money Transmitter License From Nevada Department Of Business
One of the world’s largest crypto firms, Binance, is aggressively making its presence felt across several nations. Before now, the crypto company has launched its operations in Europe. This event foll...
Apple workers tell CEO Tim Cook: ‘We demand location-flexible work’
The self-styled solidarity group AppleTogether launched a petition Monday demanding a more flexible work policy in response to the company’s return-to-office mandate. “We demand that Apple allows each...