From the FTX bankruptcy and downfall of crypto “rock star” Sam Bankman-Fried to the chaos at Twitter, it has not been a good week for the geniuses of capitalism. Elon Musk’s abrupt and in some cases already reversed decisions since taking over the social media company back up his contention that so far his tenure
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Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images The fitness industry appears headed for a strong holiday season, but not everyone will see a boost. The category has been on a rollercoaster for more than two years, with the Covid pandemic
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX While Elon Musk earns daily headlines over changes at Twitter, a significant reorganization is underway at his space company’s Texas launch facility. SpaceX president and COO Gwynne Shotwell and vice president Mark
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Disney plans to institute a targeted hiring freeze as well as some job
Danai Gurira and Letitia Wright star as Okoye and Shuri in Marvel Studio’s “Black Panther: Wakanda Forever.” Disney It’s impossible to replace the irreplaceable, but that was Ryan Coogler’s task as the director and co-writer of Disney’s latest Marvel Cinematic Universe film, “Black Panther: Wakanda Forever.” The sequel to 2018’s blockbuster hit “Black Panther” takes
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, according to Adobe data released Thursday. Domestic bookings are down 7% from the same point in 2019, but high fares have translated to a 3% increase
Team co-owners Dan and Tanya Snyder pose for a photo with current team members and alumni during the announcement of the Washington Football Team’s name change to the Washington Commanders at FedExField on February 02, 2022 in Landover, Maryland. Rob Carr | Getty Images The attorney general of Washington, D.C., on Thursday sued the Commanders
In this article YUM Follow your favorite stocksCREATE FREE ACCOUNT A menu of a drive-in counter of a branch of the fast food chain Kentucky Fried Chicken (KFC). After severe setbacks in the Corona pandemic, Germany’s fast food industry wants to expand its drive-in car counters to keep customers in line. Rolf Vennenbernd | Picture
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT 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 maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a discrimination complaint with the U.S. Equal Employment Opportunity Commission. Amy Jo Stevenson A federal judge has rejected Walmart’s
What you buy this holiday season is just as important as how you buy it. In fact, the payment method you choose at checkout can go a long way toward helping you stick to a budget, save money and stay out of debt. “The credit card is the gold standard in terms of rewards and
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and entertainment are telling investors to focus on revenue and
In this article SG Follow your favorite stocksCREATE FREE ACCOUNT A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its
In this article LEVI KSS Follow your favorite stocksCREATE FREE ACCOUNT Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving for a new opportunity after the retailer came under pressure to shake up its leadership. In a separate release, Levi Strauss & Co. said Gass will join
In this article TSN Follow your favorite stocksCREATE FREE ACCOUNT Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyson, 32, was charged with public intoxication and trespassing and booked in Washington County jail. Tyson Foods is headquartered in Springdale, Arkansas. A
A recreational marijuana smoker indulges in smoking weed on April 14, 2020 in the Bushwick section of the Brooklyn borough of New York City. Bruce Bennett | Getty Images Voters in a handful of states — including four that traditionally favor Republicans — are set to decide Tuesday whether to legalize recreational marijuana, paving the
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its
The aviation industry requires more carrot and less stick going forward to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC’s Sustainable Future Forum on Friday, Willie Walsh was asked if subsidies and tax breaks to encourage investments into cleaner energy were more effective than firms or
Gift-giving can be a good way to learn how good you are at hospitality. And if you think success comes down to the amount being spent, you are setting yourself up for failure, according to one of the world’s most renowned restauranteurs. Will Guidara, former owner of elite New York City restaurant Eleven Madison Park,
Climate activists protest against environmental pollution from aviation at Amsterdam’s Schiphol Airport, in Schiphol, Netherlands November 5, 2022. Piroschka Van De Wouw | Reuters Hundreds of climate activists swarmed a private jet section of Amsterdam’s Schiphol Airport on Saturday as part of a day of demonstrations in and around the airport. The activists stopped several