In this article KR ACI Follow your favorite stocksCREATE FREE ACCOUNT Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted Thursday morning after news that two companies are deep in talks. The stock was up more than 11%
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In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp., the company aiming to take former President Donald Trump’s media company public, jumped
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution
I’m sure every person in Los Angeles has visited a convenience store at least once for a drink, a lottery ticket, a pack of gum, or an array of other essential items that make our days complete. Given our familiarity with convenience stores, we take for granted the convenience these stores actually provide. Bassem Nowyhed,
In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo hiked its forecast for the year Wednesday morning after reporting third-quarter earnings and revenue that beat analyst expectations. Shares were up about 2% in pre-market trading.
JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News Daily, and is expected to
Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — U.K. retail sales rose in September, data published Tuesday showed — but the details highlighted the multitude of challenges facing the public heading into the winter months. The headline 2% year-on-year increase was largely due to higher
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive fell sharply on Monday after the electric vehicle maker said late Friday that it is recalling more than 12,000
A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In the past few weeks, Craig Cislo dug out the spray-painted tombstones from his attic, scoured websites for a giant animated
Luminola | E+ | Getty Images It’s natural to fixate on portfolio losses, especially with the S&P 500 down more than 20% for the year. But you may still have gains after years of growth, and the profits could qualify for a 0% tax rate, depending on your earnings. The thresholds may be higher than
In this article CGC WEED-CA Follow your favorite stocksCREATE FREE ACCOUNT Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of marijuana possession. The president also called for a review of how marijuana is classified under federal law, saying the current status “makes no sense.” Shares of Canopy jumped
In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Courtesy: Polestar Swedish electric vehicle maker Polestar said Friday that
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT A close up look at Astra’s LV0008 rocket at LC-46 in Cape Canaveral, Florida. John Kraus / Astra Embattled small rocket-builder Astra revealed Friday that it received a delisting warning from the Nasdaq after its stock spent 30 consecutive days below $1 per share, a violation
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New cars are slowly becoming more widely available, as supply chain bottlenecks finally start to ease. But now, an increasing number of Americans might not want them or be able to
As #TheSimonettaLeinShow continues its 5th season in September 2022, the show welcomes American billionaire businessman, Tilman Fertitta! Tilman is the chairman, CEO, and owner of Landry’s, Inc, a restaurant and hospitality company that encompasses more than 600 properties in over 15 different countries, making him one of the largest employers in the nation, with more than 50,000
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth. The cuts, which amount to about 12% of Peloton’s workforce, mark a pivot point for the company, McCarthy told CNBC
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who joined Showtime in 2010 and has run the premium network since 2016, is leaving the company at the end of the year. Along with his
In this article DIS WBD Follow your favorite stocksCREATE FREE ACCOUNT Cosplayers dressed in Mandalorian armor and Black Widow pose for a photo during Day 4 of New York Comic Con 2021 at Jacob Javits Center on October 10, 2021 in New York City. ( Bryan Bedder | Getty Images NEW YORK — New York
SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in orbit. The mission is SpaceX’s fifth operational crew launch for
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle
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