Latest in Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
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Starbucks’ new CEO has diagnosed its problems. Analysts say the solutions could get expensive.
Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.Business - MarketWatch - November 1 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - October 31 -
Amazon’s CEO Just Defended Its RTO Mandate Again. Employees Still Aren’t Happy
Andy Jassy argues that the company’s new rule slashing remote and hybrid work is a good thing. He’s said it’s all about workplace culture, but many workers say his words ring hollow.Business - Inc. - November 6 -
FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.Business - CNBC - 3 days ago -
Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation
Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.Business - CNBC - November 6 -
CEOs Who Shy Away From Defending Democracy Do So at Their Peril
Why voting rights and election integrity are business issues—and the role business leaders play in preserving them.Business - Inc. - November 4 -
How Jeff Bezos, Mark Cuban and other business leaders congratulated Trump
“Let that sink in,” Elon Musk said.Business - MarketWatch - November 6 -
Man United makes its worst league start in almost 40 years after 1-1 draw with Chelsea
Moises Caicedo’s stunning long-range volley has secured a 1-1 draw for Chelsea against Manchester United in the Premier LeagueSports - ABC News - November 3 -
23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs
As founder and CEO Anne Wojcicki struggles to take the company private, 200 jobs are cut as part of its restructuring plan.Business - Inc. - 2 days ago -
Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles
Company says it will cut about 200 employees as value plummets in aftermath of huge data breach. The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its ...World - The Guardian - 2 days ago -
Jane Fonda to receive the 2025 SAG Life Achievement Award
You'd think by now Jane Fonda had won every honorary prize. Nope. The SAG Awards will add to her treasure chest, saluting the actress for her body of work and her humanitarian efforts.Entertainment - Los Angeles Times - October 17 -
Kalshi CEO Tarek Mansour On Prediction Markets’ Big Night: ‘We Even Overtook Pornhub’
Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces are the future of political prognostication.Tech - Wired - November 6 -
Samsung Electronics' chip profit shrinks 40% from the previous quarter
The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.Business - CNBC - October 31 -
Christian Fraser looks at how things stand
Will we find out the result soon? Which state will be the deciding vote? Here's a look at the possible scenarios for this US election.Top stories - BBC News - November 6 -
Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa
Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...Business - MarketWatch - November 4 -
Big Tech loses some shine ahead of a big earnings week. But ‘where else are you going to get that type of growth potential?’
As most Magnificent Seven companies gear up for quarterly earnings reports this week, some analysts expect growth that’s either still pretty good for their size, or still hard to come by anywhere ...Business - MarketWatch - October 27 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - 15 hours ago -
U2 made a concert movie of its Sphere show. Sphere is the only place you can see it
In an interview, the Edge talks about U2's residency at Las Vegas' state-of-the-art Sphere and the band's new concert movie that documents the show.Entertainment - Los Angeles Times - 11 hours ago -
Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely
The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists saidBusiness - MarketWatch - October 28 -
Bitcoin rises 3% after topping $73,000 for the first time since March
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.Business - CNBC - October 29 -
Bronny James is assigned to the Lakers' G League affiliate ahead of its season opener
Bronny James has been assigned to the Los Angeles Lakers’ G League affiliateSports - ABC News - November 7 -
Filmmakers Are Worried About AI. Big Tech Wants Them to See ‘What's Possible’
Amazon is hosting AI filmmaking competitions. Meta is letting directors test Movie Gen. As tech companies develop new tools, they need filmmakers to show they can be used responsibly.Tech - Wired - October 17 -
An analyst sees a key catalyst for Wells Fargo early next year — and it's a big reason we own it
Wells Fargo's asset cap may finally be lifted early next year, according to Bank of America analysts.Business - CNBC - 3 days ago -
See the 2 giant pandas that just arrived in Washington from China
Bao Li and Qing Bao, the two new giant pandas from China have arrived in Washington, D.C. The pandas are settling into their new habitats as they prepare to make their public debut on Jan 24. NBC's ...Top stories - NBC News - October 16 -
Military voters see 'direct attack' from GOP election challenges
Republicans are coming under fire from veterans and military groups for attempting to restrict the votes of overseas service members through a series of lawsuits in battleground states. The ...Politics - The Hill - October 18 -
Jurors in Delphi murders trial see video from victim's phone
Richard Allen, 52, is facing four counts of murder in connection with the murders of Abigail Williams, 13, and Liberty "Libby" German, 14, in 2017.Top stories - CBS News - October 22 -
Anthony Zurcher: Result hands Trump free rein
Four years after losing to Joe Biden, Donald Trump's political movement is back and more durable than ever.Top stories - BBC News - November 6 -
What could we see from a Vice President JD Vance?
Vance will be Trump's "eyes and ears" in the Senate, a source said.Top stories - ABC News - 5 hours ago -
Save Big On Prebuilt Gaming PCs Ahead Of Black Ops 6 And Dragon Age
When it comes to powerful prebuilt gaming desktops, few brands are as well-known as iBuyPower . This year marks its 25th anniversary--and to celebrate, it’s offering a variety of prebuilt desktop ...Tech - GameSpot - October 16