<b>Paramount, Shari Redstone might have missed deal window</b>
Paramount, Shari Redstone might have missed deal window
Shari Redstone may have missed her window. 's controlling shareholder is open to a merger or selling the company at the right price, according to people familiar with her thinking. And she has been open to it for several years, said the peo...
2023-10-23 10:11:38
<b>GM and Ford report Q3 earnings as Wall Street and UAW watch</b>
GM and Ford report Q3 earnings as Wall Street and UAW watch
DETROIT — Ready for a tightrope walk? and report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union. And it's a difficult balance. If the automakers are b...
2023-10-23 10:11:33
<b>Kohl's holiday look offers glimpse into turnaround plan</b>
Kohl's holiday look offers glimpse into turnaround plan
As shoppers head to stores this holiday season, they will see gift ideas, Christmas ornaments and a potential glimpse of the retailer's future. It marks the first peak shopping season overseen by Kohl's new CEO, Tom Kingsbury. The retail ve...
2023-10-20 10:33:42
American Airlines (AAL) earnings Q3 2023
American Airlines (AAL) earnings Q3 2023
American said it expects unit revenue in the fourth quarter to drop between 5.5% and 7.5% from a year earlier with unit costs, excluding fuel, up 5% to 7% year over year and capacity up 4.5% to 6.5% from the same period of 2022. The company...
2023-10-20 10:33:37
Sanofi to offer insulin for $35 to Americans through GoodRx
Sanofi to offer insulin for $35 to Americans through GoodRx
Americans, regardless of their insurance status, can now access 's most for $35 through the prescription drug savings company , the companies Thursday. Patients with a valid prescription can specifically access a $35 coupon for Sanofi's Lan...
2023-10-20 10:33:32
TGL golf announces ownership team led by Marc Lasry, Steph Curry
TGL golf announces ownership team led by Marc Lasry, Steph Curry
Some of San Francisco's biggest sports stars are the new owners of a team with TGL golf, the indoor golf league founded by Tiger Woods and Rory McIlroy. Steph Curry, Klay Thompson and Andre Iguodala have joined an effort led by Marc Lasry,...
2023-10-20 10:33:26
<b>Billionaires are driving South Florida home prices to new records </b>
Billionaires are driving South Florida home prices to new records
From Palm Beach to Miami Beach, luxury home prices in Florida's richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average sale price of a home in Palm Beach topped $20 million in the...
2023-10-20 10:33:21
Las Vegas Sands (LVS) reports Q3 earnings and strong Asia growth
Las Vegas Sands (LVS) reports Q3 earnings and strong Asia growth
In Macao, where visitation is still off about 15% from pre-pandemic levels, Sands said its occupancy in the third quarter was 96% higher than it was before Covid lockdowns and customers are spending more per person. Across the Macao market,...
2023-10-20 10:33:15
Netflix stock surges after earnings report, jump in subscribers
Netflix stock surges after earnings report, jump in subscribers
shares surged 16% Thursday following a promising The streaming giant reported several victories, including a 70% jump in its new ad-supported subscription tier. As for overall subscribers, Netflix added 8.76 million subscribers for the thir...
2023-10-20 10:33:10
Philip Morris (PM) earnings Q3 2023
Philip Morris (PM) earnings Q3 2023
on Thursday reported quarterly earnings that topped Wall Street's expectations but revenue that missed estimates, as sales for its heated tobacco and oral nicotine products remain strong. Here's what the company reported compared to what Wa...
2023-10-20 10:33:04
September home sales drop to lowest level since the foreclosure crisis
September home sales drop to lowest level since the foreclosure crisis
Sales of previously owned homes dropped 2% in September from August to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 15.4% lower compared with September 2022. Thi...
2023-10-20 10:32:59
<b>Disney highlights theme park revenue growth</b>
Disney highlights theme park revenue growth
's restructuring has triggered some changes in how the company shares its financial details, shedding light on just how strong its theme park business is for its bottom line. According to a , the theme parks segment had more than $24 billio...
2023-10-20 10:32:53
CVS to pull certain cold medicines from store shelves
CVS to pull certain cold medicines from store shelves
is removing some of the most common cough and cold medicines from its store shelves and will no longer sell them, a company spokesperson told CNBC on Thursday. The company's decision comes a month after a panel of advisors to the Food and D...
2023-10-20 10:32:48
Big banks cut thousands of jobs, more layoffs coming
Big banks cut thousands of jobs, more layoffs coming
A key factor driving the cuts is that job-hopping in finance slowed drastically from earlier years, leaving banks with more people than they expected. "Attrition has been remarkably low, and that's something that we've just got to work thro...
2023-10-20 10:32:42
<b>Shein IPO: Fast fashion brand must clear hurdles before going public</b>
Shein IPO: Fast fashion brand must clear hurdles before going public
If Shein can overcome these hurdles while maintaining the strategy that has fueled its success, it could become a winner on Wall Street, said one longtime retail advisor who spoke anonymously because they're not authorized to speak publicly...
2023-10-20 10:32:36