Year: 2023
Vince McMahon is back at WWE to ensure a smooth sale process. Here’s who might want to buy it
World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of directors to facilitate potential sale talks ahead of the company’s […]
Read More
Some restaurant workers could see big wage growth in 2023
Employees prepare food orders at a Portillo’s restaurant in Chicago, Illinois, on Tuesday, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images More than half of U.S. states will hike their minimum wage this year, but some restaurant workers could see even bigger gains in 2023. California’s state minimum wage rose to $15.50 an […]
Read More
Ant Group founder Jack Ma to give up management in essential revamp
Alibaba founder Jack Ma attends the 5th Globe Zhejiang Business owners Conference at Hangzhou Global Expo Centre on November 13, 2019 in Hangzhou, Zhejiang Province of China. VCG | Getty Pictures Ant Group’s founder Jack Ma will give up control of the Chinese fintech big in an overhaul that seeks to attract a line below […]
Read More
China suspends social media accounts of Covid policy critics
China has suspended or shut the social media accounts of extra than 1,000 critics of the government’s insurance policies on the COVID-19 outbreak, as the nation moves to further open up up. The well-known Sina Weibo social media system said it had dealt with 12,854 violations together with attacks on professionals, scholars and professional medical […]
Read More
Elon Musk lawyers aim to move trial from California to Texas, citing ‘local negativity’
Tesla CEO Elon Musk speaks at an celebration in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Attorneys for Tesla and Elon Musk are asking a federal judge in San Francisco to transfer, or delay, a forthcoming demo from Northern California to Western Texas, declaring they will not likely be able to uncover […]
Read More
Salesforce co-CEO Marc Benioff hints at additional probable layoffs just after this week’s occupation cuts
Marc Benioff, co-chief executive officer of Salesforce.com Inc., among panel sessions on working day two of the Entire world Economic Discussion board in Davos, Switzerland, on May well 24, 2022. Jason Alden | Bloomberg | Getty Visuals Marc Benioff, Salesforce’s co-founder and shortly to be sole CEO, indicated in an all-palms assembly on Thursday that […]
Read More
Cramer’s lightning round: I’m very concerned about Veru
Veru Inc: “I’m very concerned about it.” HealthEquity Inc: “Expensive stock, another one of these stocks not making much money. I think we’re going to have to take a major league pass.” Bumble Inc: “We’re not seeing the kind of profitability that makes me feel like that stock’s inexpensive.” Axon Enterprise Inc: “It’s a terrific […]
Read More
Jim Cramer says these 5 Nasdaq losers could rebound in 2023
CNBC’s Jim Cramer on Friday named four stocks that he believes could mount a comeback this year. To come up with his picks, he parsed through last year’s worst-performing stocks listed in the Nasdaq 100. “Out of the Nasdaq’s biggest losers, I think Qualcomm, Lam Research, Micron, and Airbnb will work this year, although not […]
Read More
Cramer’s week ahead: Corporate earnings will set the tone for the market
CNBC’s Jim Cramer said Friday that corporate earnings reports next week will be key in determining the market’s performance. Stocks rose Friday after the December jobs report and an economic condition reading signaled that the Federal Reserve is making headway in its fight against inflation. The Dow Jones Industrial Average and S&P 500 recorded their […]
Read More
Costco’s December sales beat shows the Club holding is still the retailer to own
Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer’s ability to consistently attract customers despite gathering economic headwinds. For the 5 weeks ended Jan. 1, Costco’s net sales increased 7% year-over year, to $23.8 billion, the company reported Thursday. Total comparable sales, which excludes the impact of fluctuations in gasoline […]
Read More