Business

In this article C Follow your favorite stocksCREATE FREE ACCOUNT CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex Wong | Getty Images When Citigroup CEO Jane Fraser announced in September that

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Patrick T. Fallon | AFP | Getty Images Paramount stock jumped about 10% Friday morning, a

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Jim Caviezel stars in Angel Studio’s “Sound of Freedom.” Angel Studios Amazon Prime Video has secured the rights to one of the hottest box office releases of 2023: Angel Studios’ “Sound of Freedom.” The Jim Caviezel-led thriller snared more than $180 million at the domestic

In this article LGF.A Follow your favorite stocksCREATE FREE ACCOUNT Starz CEO Jeffrey Hirsch Source: Starz Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the

In this article AMC AAPL Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs onstage during her The Eras Tour concert at Lumen Field in Seattle, Washington, on July 22, 2023. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Taylor Swift is seeking to smash more box office records as her Eras Tour concert

Customers shop at a Walmart store on May 18, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Shares of Walmart touched an all-time high Friday, as investors bet that the discounter will outmatch retail rivals and draw shoppers throughout the holiday season because of its reputation for value. The big-box retailer’s stock hit a

In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Struggling space company Astra disclosed in a securities filing late Friday that it defaulted on a recent debt agreement and may not be able to raise

DraftKings, a fantasy sports website Getty Images The growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already crowded race for consumers’ dollars is about to get more competitive. DraftKings, which reported quarterly results that beat Wall Street’s estimates on Thursday, has emerged as

In this article TM TSLA Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago.  John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain

In this article QSR-CA QSR Follow your favorite stocksCREATE FREE ACCOUNT Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway and Papa John’s often operate via franchise agreements there. Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia,

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, February 16, 2022. Carlo Allegri | Reuters Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, involving accelerating its global footprint

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets. In an interview with CNBC’s Becky Quick that aired Thursday morning, he emphasized that the retailer has posted seven consecutive quarters of declining sales of discretionary

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks logo at a location in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose more than 6% in premarket trading. Here’s what the

In this article DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Disney said Wednesday that it had agreed to buy Comcast‘s one-third stake in streaming service Hulu, a long-expected outcome. Disney said it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A 2022 Toyota Mirai hydrogen fuel cell vehicle, right, next to Toyota Prius hybrid vehicles during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 17, 2021. Bing Guan | Bloomberg | Getty Images Toyota Motor on

In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT A woman walks past a CVS Pharmacy in Washington, D.C., on Nov. 2, 2022. Brendan Smialowski | AFP | Getty Images CVS on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street’s expectations, lifted in part by strong revenue from the company’s health

In this article ABI-BE Follow your favorite stocksCREATE FREE ACCOUNT Anheuser-Busch InBev said it will concentrate its marketing on sporting and music events as it tries to reverse falling sales of its flagship beer Bud Light in the face of conservative backlash in the U.S. The brewing giant revealed part of its plan to revitalize

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Cosm’s shared reality dome concept for viewing live sports broadcasts. Courtesy: Cosm Venues Warner Bros. Discovery and Cosm, a privately held company that specializes in immersive technology, are about to make “shared reality” a reality for sports fans. Cosm plans to open two venues —

In this article GM F STLA TSLA RIVN Follow your favorite stocksCREATE FREE ACCOUNT President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein |

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, sources told CNBC. GM is the final