In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Writers walk the picket line on the second day of the television and movie writers’ strike outside Disney Studios in Burbank, California on May 3, 2023. Robyn Beck | AFP | Getty Images A writers strike, a feud in Florida and ongoing company-wide layoffs —
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In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Courtesy: Rivian Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. related
In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT People walks past a Under Armour clothing store in Siam Center, Bangkok. Guillaume Payen | SOPA Images | LightRocket | Getty Images Under Armour‘s shares sank Tuesday, even after the athletic apparel and footwear retailer beat Wall Street’s quarterly revenue and earnings expectations. The reason
In this article LCID LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan. Justin
Justin Cronin Tim Llewellyn Photography NEW YORK — Justin Cronin spent a decade writing and publishing his bestselling “Passage” trilogy, which spins a sweeping tale about a dystopian, near-future America overrun by vampires. Now the 60-year-old author is back with his first novel since that series wrapped up with “The City of Mirrors” in 2016.
The Alpha rocket for the Space Force’s Victus Nox mission stands on the launchpad at Vandenberg Space Force Base, California. Firefly Aerospace The name says it all: Victus Nox, or, translated from Latin, “conquer the night.” It’s an experimental test run of national security capabilities in space, and a high-stakes mission for a pair of
Cannabis reform demonstrators gather outside the White House in Washington, D.C., to call on President Joe Biden to take action on cannabis clemency before the November general election, Oct. 24, 2022. Win Mcnamee | Getty Images Marijuana is a multibillion-dollar industry, and across the United States, legal markets are popping up like weeds as more
In this article WWE EDR Follow your favorite stocksCREATE FREE ACCOUNT WWE SmackDown World Tour Joern Pollex | Bongarts | Getty Images World Wrestling Entertainment and Endeavor-owned UFC are set to merge this year in a deal that will create a sports entertainment behemoth valued at more than $21 billion. After the deal was announced
In this article BKNG AXP Follow your favorite stocksCREATE FREE ACCOUNT The OpenTable website on a mobile phone arranged in Dobbs Ferry, New York, May 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Under pressure from rising costs and still feeling the hangover from pandemic losses, restaurants are embracing reservations that target higher-income diners
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters WASHINGTON — As investors focused this week on earnings and regional banks, the Securities and Exchange Commission quietly adopted new
Source: Warner Bros. Warner Bros. Discovery reported a big quarterly loss even as its direct-to-consumer segment turned a profit for the first time ever. The company also expects the DTC, or streaming, business to be profitable for 2023, a year ahead of its expectations, CEO David Zaslav said in an earnings release Friday morning. First-quarter
In this article WBD DIS Follow your favorite stocksCREATE FREE ACCOUNT Combo showing Brie Larson in Captain Marvel and Ezra Miller in The Flash. Courtesy: Marvel (L) | DC Comics (R) For more than a decade, the narrative surrounding comic book studios Marvel, owned by Disney, and DC, owned by Warner Bros., has been one
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global fell as much as 25% after it reported earnings and revenue that missed analyst estimates and cut its quarterly
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst Christopher McGratty was looking forward to some calm. So early Tuesday, more than 24 hours after U.S. regulators seized First
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters Johnson & Johnson‘s consumer health business, Kenvue, is expected to go public this week in the largest U.S. IPO in more than a year. That business is chock
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT — Ford Motor is set to report its first-quarter earnings after the bell Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT The logo of Morgan Stanley is seen in New York Shannon Stapleton | Reuters As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America and Citigroup have turned to job cuts in recent weeks. Morgan
In this article JPM FRC Follow your favorite stocksCREATE FREE ACCOUNT Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Tim Scott, R-S.C., arrive for the Senate Banking, Housing and Urban Affairs Committee hearing discussing recent bank failures, April 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — Lawmakers who sit
In this article JPM FRC Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, US, on Monday, March 6, 2023. Marco Bello | Bloomberg | Getty Images The
In this article BZFD Follow your favorite stocksCREATE FREE ACCOUNT Jonah Peretti, founder and CEO of BuzzFeed, attends his company’s public debut outside the Nasdaq in Times Square in New York City, Dec. 6, 2021. Brendan McDermid | Reuters Corporate stories have ebbs and flows, ups and downs. To this point, BuzzFeed‘s journey as a
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