Day: January 6, 2025
Toyota is ‘exploring rockets’ with nearly $45 million investment in Japanese launch startup, chairman says
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The […]
Read More
Stock futures tick higher after S&P 500 posts second straight winning day: Live updates
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images U.S. stock futures were marginally higher on Monday night after the S&P 500 and Nasdaq Composite notched a second winning day. S&P 500 futures and Nasdaq 100 futures respectively climbed 0.1% and 0.2%. Futures tied to […]
Read More
U.S. records its first human bird flu death
Test tubes are seen labelled “Bird Flu” words in this illustration taken, June 10, 2024. Dado Ruvic | Reuters The U.S. has recorded its first human death from bird flu, a grim milestone that comes as at least 66 cases have been recorded in the country. The patient, who was over 65 and had underlying medical […]
Read More
Here are Europe’s top ETFs that outperformed in 2024 — including some that gained 30%
U.S. stocks ended 2024 on a high, with the S & P 500 finishing last year with gains of over 23%. While funds tracking the major indices will have logged similar returns, a handful of actively managed ETFs marketed in Europe outperformed, including JPMorgan’s US Research Enhanced Index Equity ETF and Invesco’s Quantitative Strategies ESG […]
Read More
UFC’s Dana White joins Meta’s board weeks before Trump takes office
Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of Donald Trump, is joining the board of Facebook parent Meta two weeks before the new administration begins. Meta CEO Mark Zuckerberg, […]
Read More
Ulta Beauty names new CEO, raises outlook for holiday quarter
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022. Carlo Allegri | Reuters Ulta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer’s Chief Operating Officer Kecia Steelman, the company announced Monday. Ulta said in a news release that the leadership […]
Read More
UK visitors from dozens of countries will have to pay a new entry fee starting this week
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024. Henry Nicholls | AFP | Getty Images If you’re traveling to the U.K. as […]
Read More
Stocks making the biggest moves midday: FuboTV, Paycor, Plug Power and more
Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 251% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the second-largest digital pay-TV provider after YouTube […]
Read More
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado. Helen H. Richardson | Denver Post | Getty Images Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman […]
Read More
Target-date funds — the most popular 401(k) plan investment — don’t work for everyone
Key Points Target-date funds, known as TDFs, are a one-stop shop for retirement savers. They are poised to capture about two-thirds of all 401(k) plan contributions by 2027, per one estimate. They are well-suited for hands-off investors who crave simplicity, but there may be drawbacks for others with more complex finances, advisors said. Source
Read More