One of the largest shareholders in both News Corp and Fox is opposing a recombination of the companies.
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Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases
Cinemas stocks got a boost after a report surfaced that Amazon plans to spend $1 billion a year on theatrical film releases.
Continue readingMeasles poses growing threat to kids as vaccinations decline globally, CDC and WHO warn
The Covid-19 pandemic severely disrupted vaccination services, resulting in millions of kids missing their measles shots.
Continue readingTesla’s stock pullback offers a ‘balanced’ risk-reward at these levels, Citi says in upgrade
The recent pullback in Tesla gives Citi a sufficient reason to shift its opinion on the electric vehicle maker.
Continue readingMorgan Stanley says Twitter sentiment needs to turn to stop Tesla’s $500 billion slide
Tesla’s stock has fallen by more than 50% since Musk first revealed a stake in the social media company.
Continue readingHow drought cost America’s cotton industry billions
CNBC traveled to Texas, the largest cotton-producing state, to hear from farmers and others in the industry who are being hit hard by the ongoing […]
Continue readingDisgruntled Walmart employee killed 6 people at Virginia store, police say
At least seven people, including the suspect, were killed at the Walmart Supercenter in Chesapeake, Virginia.
Continue readingHyundai is on a hot streak in the U.S., but Biden’s Inflation Reduction Act could spoil it
With new EVs and SUVs, the company’s Hyundai, Kia and Genesis brands are expected to capture nearly 11% of the U.S. new vehicle market this […]
Continue readingMortgage demand rises 2.2% as interest rates decline slightly
Mortgage applications rose for the week, but were still far below last year’s levels.
Continue readingThe future of parking is in New York — and it costs at least $300,000 per space
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces.
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