Day: December 20, 2023
S&P 500 futures inch better soon after the index's worst session considering that September: Are living updates
Traders get the job done on the flooring of the New York Inventory Trade. Spencer Platt | Getty Photographs Inventory futures edged larger Wednesday evening just after the latest current market rally took a breather. Futures tied to the S&P 500 and Nasdaq 100 every added .2%. Futures connected to the Dow Jones Industrial Regular […]
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Warner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal
Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery finds itself today. The company has held preliminary merger talks with Paramount […]
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Citigroup to close global distressed-debt business as part of CEO Jane Fraser's overhaul
A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016. Michael Nagle | Bloomberg | Getty Images Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul of the bank, CNBC […]
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Apple fails in bid to delay Apple Check out sales ban
The Apple Check out Ultra 2 is noticed as individuals lined up to invest in the freshly introduced Apple iphone 15 and other Apple products and solutions at an Apple shop in Palo Alto, California, on Sept. 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Illustrations or photos Apple has misplaced a bid to […]
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Warner Bros. Discovery and Paramount World wide in early merger talks
Warner Bros. Discovery and rival Paramount World are in early merger talks, a resource acquainted with the make any difference informed CNBC. Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish satisfied Tuesday to discuss the contours of a feasible offer, reported the resource, who declined to be named given that the talks […]
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Chair of powerful House committee pushes Shein about data protections, its relationship with China
A sign hangs outside of the Shein warehouse on November 29, 2023 in Whitestown, Indiana. Scott Olson | Getty Images The chair of a powerful House committee is drilling down on Shein’s data privacy practices and its relationship with the Chinese Communist Party as the fast-fashion giant moves closer to a U.S. IPO. Reps. Cathy […]
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Trump urges Supreme Court to let decrease courtroom hear immunity attractiveness to start with
Republican presidential applicant and former U.S. President Donald Trump attends a marketing campaign event in Waterloo, Iowa, U.S. December 19, 2023. Scott Morgan | Reuters Legal professionals for Donald Trump on Wednesday urged the Supreme Courtroom not to look at — nonetheless — the question of no matter if he has presidential immunity from prosecution […]
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Electric powered scooter firm Bird data files for bankruptcy
A banner for electrical scooter rental firm Bird is displayed exterior of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter firm Fowl, the moment valued at $2.5 billion by traders, submitted for Chapter 11 individual bankruptcy protection in […]
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General Mills echoes FedEx with a warning about weaker demand
Limited Edition holiday breakfast cereal, Christmas Crunch in holiday shapes, Target store, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Lindsey Nicholson | Getty Images Two big companies weighed in on persistent demand woes this week. General Mills, which reported earnings Wednesday morning, said tepid demand and pricing pressures are compounding […]
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Billions are on the line for lenders as White Home finalizes credit card late cost cap
Signage is witnessed at the Shopper Economic Protection Bureau headquarters in Washington, D.C., on Aug. 29, 2020. Andrew Kelly | Reuters WASHINGTON — The Purchaser Fiscal Defense Bureau’s bold rule proposal to crack down on credit score card late charges, a $14.5 billion income stream for credit score card companies, will possibly roll out in […]
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