Analysts cited the “surprising positive flow signal” as support for a broader thesis that investors should plow funds into banks and other financial players.
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Retail investors just posted the longest streak of buying bank stocks since 2008, BofA says
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Paramount Skydance to acquire Bari Weiss-founded Free Press
CBS News studio at Times Square in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images Paramount Skydance said Monday it has agreed to acquire online publication The Free Press, naming its co-founder and CEO, Bari Weiss, as CBS News’ editor-in-chief. The digital upstart publication, which […]
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Nike’s turnaround will ‘take a while,’ CEO Elliott Hill says
A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike‘s turnaround plan is showing early signs of progress, but it will “take a while” for the company to return to profitable growth, CEO Elliott Hill said in an interview with CNBC’s Sara Eisen aired Monday. “When we […]
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Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the […]
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