Business
AST SpaceMobile hits key milestone toward satellite-to-smartphone 5G service
A view from onboard the satellite, captured after deploying the 693-square foot array. AST SpaceMobile Satellite-to-smartphone connectivity venture AST SpaceMobile announced Monday that the wide antenna of its recently launched test satellite deployed successfully — a critical milestone in the company’s development of a global network to provide 5G broadband service. The BlueWalker 3 satellite, […]
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Tyson CFO apologizes to investors after arrest on charges of public intoxication, trespassing
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson apologized to investors Monday after he was arrested Nov. 6 on charges of public intoxication and trespassing. CEO Donnie King said the company’s independent board of directors is overseeing a review of the matter. Tyson, who is the son of the company’s chairman, […]
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Mike Tyson and Evander Holyfield to launch ‘Holy Ears’ cannabis-infused edibles
Referee Lane Mills (C) stops the fight in the third round as Evander Holyfield (R) holds his ear as Mike Tyson (L) watches 28 June 1997 during their WBA heavyweight championship fight at the MGM Grand Garden Arena in Las Vegas, NV. Jeff Haynes | AFP | Getty Images Boxing legends and former rivals Mike […]
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One of our best-performing stocks lately reports earnings this week. Here’s what to expect
Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marshalls on Aug. 24, which has proved to be a well-timed buy. From the close on Aug. 23 through Friday, TJX […]
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3 takeaways from our daily meeting: Bullish on JNJ, AMD upgrades, Disney cost cuts
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Bullish on JNJ Upgrades for AMD Cost cuts at Disney 1. Bullish on JNJ Johnson & Johnson (JNJ) is a high-quality and recession-resistant name we’ve urged investors to own in […]
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Bed Bath & Beyond’s stock falls as retailer plans to issue shares to pay off some debt
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond said Monday it would issue shares to some of its bondholders in exchange for paying off a small portion of its roughly $1 billion debt load. Bed Bath & […]
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Miami Marlins promote Caroline O’Connor, making her pro baseball’s second-highest ranking woman
Caroline O’Connor appears before a baseball game against the Philadelphia Phillies, April 15, 2022, in Miami. Lynne Sladky | AP The Miami Marlins will be led by two of the highest-ranking women in professional sports. The organization announced on Monday that owner Bruce Sherman is promoting Caroline O’Connor to president of business operations, effective immediately. […]
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Bank of America says Hasbro could fall 34% as company ‘kills’ ‘Magic: The Gathering’ card game
Hasbro is trying to squeeze extra money out of “Magic: The Gathering” fans in the short term, Bank of America says. That could hurt the long-term business. Analyst Jason Haas downgraded the toy stock to underperform from buy as recent changes to the “Magic” cards brand amount to Hasbro “killing its golden goose.” The analyst […]
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The ‘world’s largest floating wind farm’ produces its first power
Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world’s largest floating wind farm produced its first power over the weekend, with more turbines set to come online before the year is out. […]
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5 things to know before the stock market opens Monday
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A little fall sunshine Stocks are coming off a strong week, thanks in […]
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