Business

In this article K Kellogg announced Tuesday that it plans to separate into three independent public companies. Shares of the company rose 8% in premarket trading on the news. The company will spin off its North American cereal business and plant-based division, which accounted for about 20% of its revenue last year. The remaining business

We’re trimming 65 shares of AbbVie (ABBV) at roughly $143.16 each and reducing our Wynn Resorts (WYNN) holding by 100 shares priced at roughly $55.01 each. Following Tuesday’s trades, the portfolio will own 300 shares of ABBV – decreasing its weighting to 1.57% from 1.91%; and 300 shares of WYNN – decreasing its weighting to

MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, among other brands, to launch a new NFT platform called HyperMint. The new platform enables large brands, agencies, and enterprises to mint

In this article TSLA F GM Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images More people than ever are buying electric vehicles. There are about 2 million EVs on the road in the U.S., up

Emirates has said it doesn’t see travel demand dissipating any time soon, even as the industry battles a string of challenges that have already sparked airport chaos ahead of the busy summer holiday season. Tim Clark, president of the Dubai-based carrier and an airline veteran, said that he had “never seen anything” like the headwinds

In this article TSLA Elon Musk, here seen at an event in New York in early-May, is being aggressively courted to produce his electric vehicles “end to end” in resource-rich Indonesia. Angela Weiss | AFP | Getty Images President Joko Widodo denied that Indonesia has turned protectionist during his tenure, saying the gates remain open

In this article ULTA M UAL AAL DAL LYV QSR-CA DPZ GM F TAP WEN RDFN MCD TGT A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty

In this article DIS Chris Evans voices Buzz Lightyear in Pixar’s “Lightyear.” Disney Pixar’s “Lightyear” rocketed to a $51 million domestic opening, the best performance of an animated feature since the pandemic began. Internationally, the Disney film tallied $34.6 million in ticket sales, bringing its global haul to $85.6 million. The animated film’s performance, while

In this article PFE MRNA A child is administered a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Mayela Lopez | Reuters The Centers for Disease Control and Prevention’s independent vaccine experts on Saturday backed Pfizer’s and Moderna’s Covid-19 shots for children as young as 6 months. The CDC committee voted unanimously to recommend

Getty Images WWE CEO and Chairman Vince McMahon is stepping back from his duties as the company’s board investigates alleged misconduct by the executive, the company announced Friday. The announcement of the move and the special board committee probe comes two days after The Wall Street Journal reported that the WWE board was looking into

Troy Millings, left, and Rashad Bilal of Earn Your Leisure Source: Earn Your Leisure Social influencers focused on financial education for the Black community are emphasizing a message of financial freedom this Juneteenth as the nation commemorates the end of slavery in the United States. “I definitely feel the Juneteenth remembrance should have a level

In this article SBUX A pedestrian carries a Starbucks branded cup in San Francisco, California, U.S., on Thursday, April 28, 2022. Starbucks Corp. David Paul Morris | Bloomberg | Getty Images Starbucks’ North American president Rossann Williams is leaving the company and will be replaced by the head of the coffee chain’s Asia Pacific division.

In this article WBD Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle | Bauer-Griffin | Filmmagic | Getty Images It’s time for Warner Bros. Discovery to talk about Ezra Miller, according to crisis management experts. The actor, who portrays

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX has fired at least five employees involved in circulating a letter around

An American Eagle aircraft taxis as a Southwest Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, January 24, 2022. Joshua Roberts | Reuters Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop

In this article DIS Buzz Lightyear and his robot companion Sox embark on an intergalactic adventure in Pixar’s “Lightyear.” Disney More than a dozen Asian and Middle Eastern countries will not releases Disney’s “Lightyear” in movie theaters over an animated same-sex kiss, but the ban likely won’t have a major impact on the film’s global

In this article REV Daniel Acker | Bloomberg | Getty Images Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will

In this article WWE Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment‘s board is investigating a $3 million hush-money settlement that CEO Vince McMahon paid a woman over an alleged affair, The Wall Street Journal reported

In this article NFLX A scene from Netflix’s “Stranger Things”. Source: Netflix Could Netflix ditch its binge-release model? Stranger things have happened. The all-at-once release strategy for television shows is a bedrock of Netflix’s strategy. The first seven episodes of “Stranger Things,” which all premiered on May 27, broke records. It was the biggest premiere

In this article TSLA The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles have accounted for nearly 70% of reported crashes involving advanced driver-assist systems since last June,