In this article FOX NWS Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch, Chief Executive Officer of News Corp. Getty Images Rupert Murdoch’s proposed plan to reunite News Corp and Fox is facing opposition from one of the largest shareholders in both companies, Independent Franchise Partners. The London-based firm believes other alternatives, such as a
Month: November 2022
Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, with inventory still squeezed from supply chain disruptions, discounts are not as generous as they once were. And most
A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI,
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images HELSINKI, Finland — Klarna will become profitable again by next year after making deep cuts to its workforce, CEO Sebastian Siemiatkowski told CNBC. Klarna lost more than $580 million in the
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Eric Yuan, CEO, Zoom Video Communications Source: CNBC Zoom shares slumped more than 7% in extended trading on Monday after the video-chat company issued weaker-than-expected revenue guidance for its full fiscal year. Here’s how the company did: related investing news Pro Picks: Watch all of
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to employees he will discuss the future
Prostock-studio | Istock | Getty Images In the rush at the store checkout this holiday season, you may be tempted to say yes when asked if you want to apply for a store credit card — especially if you’re offered extra savings on that day’s purchase. But there is good reason to think twice this
Getty Images The IRS on Tuesday shared tips for the upcoming tax season — including a reminder about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party networks, such as Venmo or PayPal, for transactions such as part-time work, side jobs or selling goods, according to
Federal Reserve officials earlier this month agreed that smaller interest rate increases should happen soon as they evaluate the impact policy is having on the economy, meeting minutes released Wednesday indicated. Reflecting statements that multiple officials have made over the past several weeks, the meeting summary pointed to smaller rate hikes coming. Markets widely expect
Motorcyclists travel past a billboard advertising GoTo’s initial public offering in Jakarta, Indonesia, on Friday, April 8, 2022. GoTo, formed through the merger of Gojek with e-commerce pioneer Tokopedia, raised $1.1 billion in one of the worlds biggest stock debuts this year and is slated to list in Jakarta April 11. Dimas Ardian | Bloomberg
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Law enforcement work the scene of a mass shooting at a Walmart, Wednesday, Nov. 23, 2022, in Chesapeake, Va. The store was busy just before the shooting Tuesday night with people stocking up ahead of the Thanksgiving holiday. Alex Brandon | AP A Walmart night
Parents and caregivers with the Economic Security Project gather outside the White House to advocate for the Child Tax Credit in advance of the White House Conference on Hunger, Nutrition, and Health on Sept. 20 in Washington, DC. Larry French | Getty Images Entertainment | Getty Images Millions of families received monthly checks of up
This holiday season, billionaire Bill Gates is gifting you a list of five books to read while you’re hopefully enjoying some much-deserved downtime. Gates, a voracious reader who reads at least 50 books each year, regularly releases lists of the best books he’s read each year — alongside seasonal recommendations for holiday books and summer
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul. The embattled lender last month announced a raft of measures
In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT A customer watches as Best Buy employees load his new television into his car during the state’s sales tax free weekend, beginning on Saturday. Erin Clark | Boston Globe | Getty Images Best Buy on Tuesday surpassed Wall Street’s expectations for quarterly earnings, as inflation-dented
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family Disney Disney’s “Avatar: The Way of Water” has landed a coveted release in China, a promising sign for a film that
President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022. Anadolu Agency | Anadolu Agency | Getty Images The Biden administration on Tuesday announced that it will extend the payment pause on federal student loans until after June or when it’s
Ariel Skelley | Getty Images Giving Tuesday is approaching, and it’s possible to score a tax break while funding your favorite cause. But there are key rules to know before opening your wallet, experts say. An estimated 35 million U.S. adults participated in Giving Tuesday in 2021, donating total gifts of $2.7 billion, a 9%
In this article VMW ADSK HPQ JWN Follow your favorite stocksCREATE FREE ACCOUNT A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines after hours. Nordstrom — Shares fell more than 4% after the department store cut its forecast. Nordstrom’s latest results beat profit and sales expectations, according to
Enrique Lores, CEO, HP Scott Mlyn | CNBC Computer maker HP Inc. said Tuesday that it plans to cut 4,000 to 6,000 employees over the next three years. Shares rose as much as 1% in extended trading following the announcement. HP is the latest technology company to announce its intent to slim down given economic
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images For nearly three years, Bob Chapek
FT journalists make their predictions for the coming year. Chief foreign affairs commentator Gideon Rachman, Asia editor Jamil Anderlini, global business columnist Rana Foroohar, Latin America editor Michael Stott and Africa Editor David Pilling, give their views on the pandemic, US-China relations, key upcoming elections, and Brexit. Read more at https://on.ft.com/2WXnRV3 See if you get
Olga Ryazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers are receiving what looks like good news from the U.S. Department of Education. “We reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent out by Education Secretary Miguel A.
The “Orient Express” has been called the “king of trains” and the “train of kings.” Royalty, writers, actors and spies have ridden the original route between Paris and Istanbul, which started in the late 19th century. Author Agatha Christie described the Orient Express as “the train of my dreams.” She set a bestselling murder mystery
In this article DELL A ZM URBN Follow your favorite stocksCREATE FREE ACCOUNT Detail of a home office setup on a kitchen worktop, including a laptop computer with Zoom video conferencing software, taken on September 9, 2020. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in after-hours trading. Zoom
Private homes in the River Valley/Orchard area in Singapore. Returning Singaporeans and expatriates have driven rental demand in Singapore, according to PropertyGuru’s CFO. Lauryn Ishak | Bloomberg | Getty Images Singapore-based online property portal PropertyGuru posted a net loss of S$7.4 million ($5.3 million) for the quarter ended Sept. 30 — down from last quarter’s
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Bob Iger, less than 24 hours after returning to the helm of Disney, told
Samuel Corum | Getty Images News | Getty Images For supporters of congressional proposals to improve the U.S. retirement system, it’s about to be a nail-biting few weeks. Lawmakers are heading back to Washington next week to finish out the so-called lame-duck session — the legislative period between the midterm elections and the new Congress,
In this article DAVE Follow your favorite stocksCREATE FREE ACCOUNT Jason Wilk, Dave Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according to CEO Jason Wilk. The Los Angeles-based company got caught up in the waves rocking the world of
Investors often reject startups for sloppy pitches or unprofitable business models. On Friday’s episode of ABC’s “Shark Tank,” billionaire Mark Cuban left a deal in less than two on-screen minutes for a different reason: the “dumbest marketing move ever.” The company in question, a Los Angeles-based car air freshener company called Ride FRSH, was on
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