Month: August 2023
Elon Musk tweets and Twitter bots drove up rate of FTX-shown altcoins, exploration finds
Crypto World Elon Musk tweets and Twitter bots drove up rate of FTX-listed altcoins, research finds Printed Wed, Aug 2 20233:00 PM EDTCurrent 8 Min Ago Rohan Goswami@in/rohangoswamicnbc/@rogoswami Lora Kolodny@lorakolodny Watch Dwell Resource
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JPMorgan CEO Jamie Dimon phone calls Fitch Scores U.S. downgrade ‘ridiculous,’ but claims ‘doesn’t genuinely matter’
The Fitch Scores downgrade of the United States’ prolonged-term credit score score ultimately doesn’t issue, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It will not really subject that much” simply because it is the sector, and not rating businesses, that establish borrowing expenses, Dimon instructed CNBC’s Leslie Picker. However, it is “ridiculous” that […]
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Hollywood producers seek sit-down with striking writers, the first sign of stalemate break
Picketers walk outside the Walt Disney Studios in Burbank, CA on Tuesday, June 6, 2023 as the Writers Guild of America strike enters the sixth week. Myung J. Chun | Los Angeles Times | Getty Images As the Hollywood writers strike nears its 100th day and pressure from striking actors mounts, producers are asking for […]
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Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy
Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho. David A. Grogan | CNBC Disney CEO Bob Iger has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting fee to help him solve a complex problem: what to do with […]
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Biden administration places the last nail in the coffin for incandescent light-weight bulbs
LED mild bulb (L) and a compact florescent (CFL) light-weight bulb Scott Olson | Getty Illustrations or photos On Tuesday, the Biden administration put the closing nail in the coffin for incandescent light-weight bulbs, the final result of a decade-moreover-extended legislative path. The journey commenced in 2007 when the Electricity Independence and Stability Act passed. […]
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Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more
In this article FRSH SMG GNRC AMD SBUX NCLH CVS SEDG Follow your favorite stocksCREATE FREE ACCOUNT A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Check out the companies making the biggest moves midday: SolarEdge Technologies — The […]
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WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals
World Wrestling Entertainment Inc. Chairman Vince McMahon appears in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Federal law enforcement agents executed a search warrant on World Wrestling Entertainment boss Vince McMahon last month and served […]
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Ford’s U.S. sales rose nearly 6% in July, but its EVs are still lagging
Ford Motor’s fuel-powered F-150 trucks under production at its Truck Plant in Dearborn, Michigan, Sept. 20, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor Company said its U.S. sales rose 5.9% in July from a year ago, as demand for its pickup trucks and the Bronco SUV more than offset a slump in […]
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Europe stocks close 1.4% lower as investors digest U.S. rating downgrade
Europe stocks close lower The Stoxx 600 index fell for a second consecutive session Wednesday to a more than two-week low. Germany’s DAX and the U.K.’s FTSE 100 both declined by around 1.36% as France’s CAC 40 dropped 1.26%. Stock Chart IconStock chart icon Stoxx 600 index. Economists doubt U.S. debt downgrade will have lasting […]
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Humana shares rise after insurer says medical costs came in lower than expected
A Humana office in Louisville, Kentucky, July 31, 2023. Jon Cherry | Bloomberg | Getty Images Humana shares rose Wednesday after the health insurer said medical costs came in lower than expected during its second-quarter earnings report. The results ease investor concerns two months after Humana and rival UnitedHealth Group warned that a surge in […]
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