Business
Cramer’s lightning round: I don’t want to own Taiwan Semiconductor
Cerence Inc: “In a market like this, it can go to $13, $12. If you can take that level of pain, you can absolutely buy it, because it is a good company.” Matterport Inc: “It’s a $3 stock. So you think, ‘well, how much can you lose?’ I’ve got bad news. The answer is $3.” […]
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Jim Cramer picks 4 apparel stocks that are ‘worth owning’ when the market’s oversold
CNBC’s Jim Cramer on Wednesday offered investors a list of apparel stocks they should consider adding to their shopping lists. “I’m still bearish on apparel and footwear in general, but if you’re selective, some of these are definitely worth owning,” he said, adding that investors should wait to buy the stocks until the market becomes […]
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Here’s why Jim Cramer says investors should stay away from ‘fool’s gold’ software stocks
CNBC’s Jim Cramer on Wednesday advised investors to stay away from software stocks. “Data has become fool’s gold. Data is iron pyrite. When you hear the word data and you see a loss, I don’t care what kind of growth the company has, I don’t care what kind of software it owns, it is bad,” […]
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LAPD captain warned CBS about Les Moonves sexual assault claim, NY attorney general says
Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which disclosed further allegations involving the Los Angeles Police Department’s role […]
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Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.” The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s […]
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Ye paid a settlement to former employee who alleged he praised Hitler and Nazis during meetings, documents show
LOS ANGELES — Ye, the artist previously known as Kanye West, paid a settlement to a former employee who alleged that the rapper and designer had used antisemitic language in the workplace, according to documents reviewed by NBC News. Additionally, six people who have worked with Ye or witnessed him in professional settings over the past […]
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WWE ends investigation into alleged misconduct by Vince McMahon
World Wrestling Entertainment said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had disbanded. “The Special Committee investigation is now complete and the Special Committee has been disbanded,” the company said in a securities filing. “Management is working with the Board of Directors to implement the recommendations […]
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Trump Media documents suggest Parler, Rumble as possible merger partners
The Rumble video platform logo on a laptop computer arranged in Hastings on Hudson, New York, on Saturday, Jan. 23, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Trump Media and Technology Group executives named Parler and Rumble as theoretical acquisitions or partners, according to documents provided by co-founder and whistleblower, William Wilkerson, through his […]
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Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new aircraft, propping up its forecast for higher cash in 2023, […]
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Luminar says it has begun production of its automotive lidar units ahead of schedule
Luminar showcased the first passenger vehicle, a Toyota RAV4, fully integrated with the company’s Iris lidar, which is on-track for series production with its partners starting in late 2022. Luminar Automotive sensor company Luminar said it has begun production of its Iris lidar units for an automaker client, a major milestone that it had previously […]
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