Disney parks profits hit records — even before big expansions
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit in fiscal 2024, with revenues rising 5% for […]
Michelle Obama wants to help older adults looking for love
Upcoming Netflix docuseries ‘The Later Daters’ showcases six divorcees and widowers on blind dates
GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the […]
Super Micro’s looming deadline fuels fear of delisting. Here’s what that means.
Super Micro’s stock was already delisted once before, in a drawn-out process with various extensions.
Adidas signs NIL deal with girls’ high school basketball Kaleena Smith
Adidas has signed Kaleena Smith as the bradn’s first NIL high school basketball player. Courtesy: Adidas Adidas has signed one of its youngest female athletes yet. The German sports apparel brand on Thursday announced the signing of Kaleena Smith as its first high school girl’s basketball partner under a name, image and likeness, or NIL, […]
Landry CEO Fertitta becomes Wynn Resorts’ largest individual shareholder
The new Wynn Casino and Lisboa Casino in Macao, China. Bob Henry | Universal Images Group | Getty Images Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the U.S. Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the […]
Palantir’s stock is moving to the Nasdaq. Why investors are cheering the move.
The change positions Palantir for entry into the Nasdaq 100 index, after it joined the S&P 500 several months back.
Disney earnings offer hope that streaming can supplant linear TV
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the […]
These tips for investing in mutual funds and ETFs keep your portfolio plugged in
Portfolio changes, small-caps are a big deal, and investors pile into ETFs.
Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Robert F. Kennedy Jr. in Phoenix on Aug. 23, 2024. Thomas Machowicz | Reuters Shares of vaccine makers fell Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Services. The stocks fell in the final hour of trading as reports emerged about […]
