Business
$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth
As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston, Texas, and Nashville, […]
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Ulta shares pop as beauty retailers hikes sales and earnings outlook for second straight quarter
An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty Images Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s expectations for the fiscal third quarter. The beauty retailer said it now expects net sales for the year to be approximately […]
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Starbucks Workers United holds rally in NYC as strikes continue for a third week
NEW YORK — Starbucks Workers United held a rally outside the Empire State Building on Thursday as its open-ended strike entered its third week and no signs of an impending resolution. Adding to the crunch of holiday shoppers and tourists, several hundred picketers gathered outside of the famous landmark, which is also the site of […]
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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
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Where billionaires’ investment firms placed their bets in November
Key Points Family office deal-makers have yet to pick up the pace even as the end of the year draws near. But investment firms of billionaires, including those of Jeff Bezos and Bernard Arnault, are still banking on AI health-care startups. For family offices looking to tap into the artificial intelligence boom and make an […]
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Tesla gains in 2026 Consumer Reports’ auto brand rankings
Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer […]
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Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets
General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California. Aaronp/bauer-griffin | Gc Images | Getty Images With more than a century of some of the most popular film and television content, it’s no wonder why Paramount Skydance, Comcast and Netflix are bidding for […]
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Fanatics lands retail and merchandising deal for 2026 FIFA World Cup
A Fanatics advertisement on the sideline billboard during the NWSL match between Houston Dash and Washington Spirit at Shell Energy Stadium on March 14, 2025 in Houston, Texas. Aaron M. Sprecher | Getty Images Sport | Getty Images Fanatics has struck a deal to run retail and merchandising for the 2026 FIFA World Cup, the […]
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GM’s new ‘Silicon Valley cowboy’ eyes technology renaissance for automaker
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months […]
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RFK Jr.’s vaccine panel to vote on changing hepatitis B shot recommendation for babies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. looks on as he attends a press conference to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025. Kevin Mohatt | Reuters Health and Human Services Secretary Robert F. Kennedy Jr.’s hand-picked vaccine committee […]
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