Boeing’s defense unit chief Colbert is departing, CEO says
Former CEO for Boeing’s defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019. Karim Sahib | AFP | Getty Images The head of Boeing‘s defense unit Ted Colbert is leaving the company effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he […]
Uranium ETFs rally amid plans to revive nuclear reactor in Microsoft agreement
Constellation Energy said Friday it plans to restart a nuclear reactor at Three Mile Island.
FTC sues drug middlemen for allegedly inflating insulin prices
Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images The Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the […]
Family offices are the most bullish they’ve been in years, survey says
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are the most bullish they’ve been in years, putting their cash to work in stocks and alternatives as the Fed starts […]
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts see a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply
UAW warns of potential strikes at Ford, Stellantis
UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, picket outside the facility after walking off their jobs at noon on September 22, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – A year after unprecedented strikes by the United […]
Olympic skier Lindsey Vonn and boyfriend Diego Osorio slash the price of their $4.5 million Miami Beach home
The couple is offering a big discount on the 3,016-square-foot Florida dwelling after first listing it a year ago.
Darden Restaurants (DRI) Q1 2025 earnings
Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. “While we fell short of our expectations for the first quarter, I firmly believe in the strength of our business,” CEO Rick Cardenas said in a statement. “I am confident in the actions all […]
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
Disney to ditch Slack after July data breach
The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images The Walt Disney Company will no longer use Slack for in-house company communication months after […]
