Business

Teladoc Health: “Too much competition in that business. Don’t want to own it.” Qualtrics International: “This company had a major upside surprise. It’s doing incredibly well, but the valuation is such that people don’t want to own it until they start making money.” Otter Tail Corp.: “People like it. I like American Electric Power, but
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Topps’ baseball cards from the 2016 season on display during an event in New York City. Kris Connor | Getty Images Michael Rubin’s e-commerce company Fanatics has acquired Topps trading cards, sources close to the deal confirmed to CNBC on Monday night. Terms of the agreement were not available, but industry sources put the deal
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Healthcare workers prepare Covid-19 tests at a Nomi Health testing site in Omaha, Nebraska, on Wednesday, Nov. 10, 2021. Dan Brouillette | Bloomberg | Getty Images An investigation into a cluster of omicron infections in Nebraska suggests the heavily mutated variant has a shorter incubation period and causes similar or milder symptoms compared to past
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International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst. Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in “travel right now because things are changing every day.” “The recovery we were hoping we were going
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Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, “we’re trying to play around the edges,” Laffer Tengler Investments’ Nancy Tengler told CNBC’s “Trading Nation” on Thursday. “There’s two ways for investors to nibble
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Michael Rubin joined rapper Lil Baby in a scrimmage game that featured the children who attended REFORM Alliance night. Photo: Shareif Ziyadat and Studio 76 Throughout 2021, Fanatics chairman Michael Rubin spent his time bringing his company to an $18 billion e-commerce empire. He took over Major League Baseball’s trading card license, guaranteed $1 billion
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