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Thursday, November 28, 2024

Tag: Business

World’s largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech

The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's massive sovereign wealth fund...

Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Justin Sullivan | Getty Images News |...

Home Depot may need an interest rate cut to boost its sales

A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan |...

Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era

Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move...

Crypto magnate buys SpaceX mission for private polar spaceflight expedition

SpaceX's Crew Dragon capsule "Endurance" is seen during the Crew-3 mission for NASA on May 5, 2022.NASAPrivate polar expeditions are reaching a new...

Digital health company Ro launches GLP-1 insurance-coverage checker to help patients navigate costs

Zoom In IconArrows pointing outwardsThe direct-to-consumer health-care startup Ro launched a new free tool Tuesday to help patients determine whether their insurance covers...

With the A’s leaving Oakland, the Pioneer League B’s want fan investment in Bay Area baseball

Paul Freedman, co-founder and CEO of the Oakland BallersPaul Freedman, a 45-year-old serial entrepreneur who has founded and sold five educational technology companies,...

Home Depot expects sales to weaken as consumers grow more cautious

The Home Depot logo is seen in Florida Keys, United States on May 7, 2024. Jakub Porzycki | Nurphoto | Getty ImagesHome Depot on...

Equinox Group-owned gym chain Blink Fitness files for bankruptcy

Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty ImagesBlink Fitness, a budget-friendly gym chain owned by luxury...

Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls

A customer enters a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin...

GM reveals redesigned GMC Terrain as brand’s entry-level model

2025 GMC Terrain ElevationGMDETROIT — General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard "Elevation"...

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day:1. Whirlwind week Stocks nearly recovered to break even...

DirecTV is pushing its pay TV bundle — without a satellite dish

The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. The pigeons are voiced by...

Adani Group shares shed billions after Hindenburg allegations against regulator

An aeroplane flies behind the Adani logo near a building construction site in Mumbai. Adani group is one of the India's largest multinational...

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