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Tag: Breaking News: Business

Bill Gross says Tesla is the new meme stock

Bill Gross' Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last month, lowering assets to $1.25 billion from over...

Jim Cramer doesn’t want Amazon broken up into smaller companies — here’s why

Amazon's flywheel of businesses work better together thanks to how the company aggregates and analyzes customer data. Source link

Athletic Brewing raises $50 million as non-alcoholic wave sweeps brewing

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s non-alcoholic brewery and production plant on March 20,...

Space station startup Gravitics lands $125 million order from Axiom

A pathfinder for Gravitics' 4-meter space station module design in use for developing manufacturing and assembly methods.GraviticsWashington-based startup Gravitics has signed a $125...

Why our stocks tied to AI and dependent on housing are rallying in a mixed market

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Hollywood theater owners are worried a Paramount-Skydance merger will usher in too much consolidation

The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty ImagesMore consolidation, more problems —...

Media, tech titans head for Sun Valley with streaming alliances top of mind

Drew Angerer | Getty ImagesMedia and technology titans will convene in Sun Valley this week to lay the groundwork for the future of...

Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers

When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move...

Paramount agrees to merge with Skydance

The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty ImagesParamount Global has agreed to...

Amazon’s Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China's Guangdong province. Jade...

Air travel demand is breaking records. Airline profits are not

Passengers pass through O'Hare airport in Chicago, July 3, 2024.Scott Olson | Getty ImagesRecord summer air travel demand isn't translating to record U.S....

Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes

Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March...

The average wedding costs well over $30,000. Some couples are having ‘micro weddings’ instead

Vanessa Acosta marries Sam Roberts in their backyard in Pasadena, California, on May 25, 2024.Courtesy: Vanessa AcostaLast year, Vanessa Acosta and Sam Roberts...

Southwest Airlines shareholders puzzled by Elliott’s activism can look to past campaigns for insight

Travelers wait to check in at the Southwest Airlines counter at Oakland International Airport in Oakland, California, Dec. 27, 2022.David Paul Morris |...

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