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Category Archives: Uncategorized

SpaceX president says ‘there is plenty of room for competition,’ as Starlink nears 5 million customers

SpaceX President and COO Gwynne Shotwell urged on rivals in comments Friday, describing competition as healthy for Elon Musk’s space company.

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GM lays off 1,000 employees amid reorganization, cost-cutting

The layoffs, which were announced Friday morning via email to those impacted, were across the business.

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The top 10 family offices for startup investments

CNBC partnered with Fintrx to analyze single family offices that made the largest number of investments in private startups in 2024.

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Amazon Prime Video to stream Diamond regional sports networks

The newly rebranded FanDuel Sports Network will be available as an add-on subscription for Prime customers living within the team’s designated geographic area.

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Landry CEO Fertitta becomes Wynn Resorts’ largest individual shareholder with nearly 10% stake

Billionaire casino mogul and Landry CEO Tilman Fertitta has increased his stake in Wynn Resorts to 9.9%

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Capri and Tapestry abandon plans to merge, citing regulatory hurdles

The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.

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Homebuilder deal activity is surging, fueled by major Japanese buyers

Strong demand for new housing has smaller builders ripe for takeover. The Japanese are big players because their cost of capital is low.

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Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS

Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.

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Adidas signs first NIL deal with girls’ high school basketball player

Adidas has signed high school basketball phenom Kaleena Smith.

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Disney doesn’t plan to change its TV networks portfolio anytime soon

Disney doesn’t foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.

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