Business

In this article DIS PENN Follow your favorite stocksCREATE FREE ACCOUNT SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images Disney‘s ESPN is launching a betting sportsbook, putting the sports entertainment unit deeper into the wagering world. U.S. gambling company Penn Entertainment said it is partnering with ESPN to rebrand

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2023 Cadillac Escalade V-Series Cadillac NEW YORK – General Motors on Wednesday will reveal a new all-electric version of the Cadillac Escalade, testing the luxury SUV’s prestige for a new era of drivers and the company’s strategy to turn its most lucrative vehicles into money-making

In this article QSR QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International on Tuesday reported double-digit same-store sales growth at Burger King and Tim Hortons for its second quarter. Shares of the company were roughly

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The publishing offices of Simon and Schuster in New York. Amy T. Zielinski | Newscast | Universal Images Group | Getty Images Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Julio Rodríguez of the MLB’s Seattle Mariners was the American League Rookie of the Year in 2022. Diamond Images | Diamond Images | Getty Images Warner Bros. Discovery has targeted the beginning of the Major League Baseball playoffs to debut a sports tier for its

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola said on Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a “family health matter.” Nikola’s current board chair, former General Motors vice chairman Steve Girsky, will take over as CEO. Lohscheller

There’s no denying automation will eliminate certain jobs in the coming years. But as companies adopt robots on manufacturing floors, in kitchens and on delivery routes, workers have a growing opportunity to join the ranks in helping to build and implement the technology. Both humanoid and nonhumanoid robots are set to reduce employment in the

Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023. Kent Nishimura | Los Angeles Times | Getty Images Even before the Supreme Court‘s ruling on affirmative action policies in college admissions, the nation’s top business leaders expressed concern over how the decision could

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The Westcott Building on the campus of Florida State University, Tallahassee, Florida. Education Images | Universal Images Group | Getty Images Florida State University has been working with JPMorgan as it explores options to bring in funding from institutional investors, according to a person familiar

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT The roof of a Pfizer facility shows heavy damage after a tornado passed the area in Rocky Mount, North Carolina, July 19, 2023. ABC Affiliate WTVD | via Reuters Pfizer is limiting the distribution of some drugs manufactured at its plant in Rocky Mount, North

Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are

In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Barbie The Movie Courtesy: Warner Bros.  “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected to hit the

Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set to be released Monday. Its

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Tre BEV Courtesy: Nikola Electric truck maker Nikola won shareholder approval to issue new stock, the company said late on Thursday. The vote paves the way for Nikola to raise additional funds to support the launch of its fuel-cell-powered electric Tre semitruck and the buildout

In this article MAT HAS Follow your favorite stocksCREATE FREE ACCOUNT A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Four years after acquiring Toronto-based production studio eOne, Hasbro is selling it off to Lionsgate. The deal, announced Thursday, is valued at $500

In this article MAR LUV JBLU ULCC Follow your favorite stocksCREATE FREE ACCOUNT Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane | Reuters The competition for travel dollars is heating up, and the

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It doesn’t really matter that much” because it is the market, and not rating agencies, that determine borrowing costs, Dimon told CNBC’s

Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho.  David A. Grogan | CNBC Disney CEO Bob Iger has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting fee to help him solve a complex problem: what to do with

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co. fuel powered F-150 trucks under production at their Truck Plant in Dearborn, Michigan on September 20, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor said that its U.S. sales rose 5.9% in July from a year ago, as demand for