Month: August 2022
Investors are looking to Warner Bros Discovery for a streaming strategy — it already gave us a big hint
Leslie Grace attends Warner Bros. Premiere of “The Suicide Squad” at The Landmark Westwood on August 02, 2021 in Los Angeles, California. Axelle/bauer-griffin | Filmmagic | Getty Images Investors are looking to Warner Bros. Discovery for details on its streaming strategy when the newly merged company reports second-quarter earnings after the bell Thursday. They already […]
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Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs said that its credit-card business is being investigated by the Consumer Financial Protection Bureau over a range of billing […]
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Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more
A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a partnership with BlackRock, the world’s largest asset manager, that […]
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Visa suspends card payments for ad purchases on PornHub and MindGeek amid controversy
Al Kelly Mark Neuling | CNBC Visa is suspending card payments for advertising on Pornhub and its parent company MindGeek after a lawsuit stoked the controversy that the payments giant could be facilitating child pornography. A federal judge in California on Friday denied Visa’s motion to dismiss a lawsuit by a woman who accuses the […]
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Watch CNBC’s full interview with Evercore ISI’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI, joins ‘TechCheck’ to discuss travel booking companies’ earnings results and his rating on Booking Holdings. He also discusses the extent to which food delivery trends are reverting back to pre-pandemic trends. Source
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The travel trade is over, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI, joins ‘TechCheck’ to discuss travel booking companies’ earnings results and his rating on Booking Holdings. He also discusses the extent to which food delivery trends are reverting back to pre-pandemic trends. Source
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Burger King parent says more customers are redeeming coupons and loyalty rewards
A Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images More customers at Burger King and its sister brands are redeeming coupons and loyalty program rewards as inflation pushes menu prices higher. Restaurant Brands International CEO Jose Cil told CNBC that the company hasn’t seen […]
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Bank of England’s Bailey warns UK faces ‘very big’ inflation shock, defends historic rate hike
LONDON — The Bank of England on Thursday defended its decision to hike interest rates at the fastest clip in 27 years, saying the U.K. faces a “very big” shock to inflation. BOE Governor Andrew Bailey said that the risks of high inflation becoming persistent had risen since the Bank’s previous meeting in June, prompting […]
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WNBA star Brittney Griner sentenced to nine years in prison by Russian court
US’ Women’s National Basketball Association (NBA) basketball player Brittney Griner, who was detained at Moscow’s Sheremetyevo airport and later charged with illegal possession of cannabis, waits for the verdict inside a defendants’ cage before a court hearing in Khimki outside Moscow, on August 4, 2022. Evgenia Novozhenina | AFP | Getty Images WASHINGTON – A Russian […]
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Polio found in sewage samples outside New York City suggests it’s spreading in the community, health officials says
Polio virus particle, computer illustration. Kateryna Kon | Science Photo Library | Getty Images Polio has been found in wastewater samples taken from two counties outside of New York City indicating the virus is spreading in the community, according to state health officials. Wastewater samples taken from two different locations in Orange County during June […]
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