Business
Brooklyn Nets part ways with head coach Steve Nash after 2-5 start
Brooklyn Nets head coach Steve Nash reacts to a call during the second quarter of the game against the Indiana Pacers at Barclays Center on October 31, 2022 in New York City. Dustin Satloff | Getty Images The Brooklyn Nets parted ways with head coach Steve Nash on Tuesday, following the star-laden team’s 2-5 start […]
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J&J’s nearly $17 billion offer to buy a heart pump maker goes right to why we own it
Johnson & Johnson ‘s (JNJ) $16.6 billion deal to buy heart pump maker Abiomed (ABMD) will bolster its pharmaceutical and medical device business ahead of J & J’s plans to separate its consumer division into a separate company. The Abiomed acquisition is set to close at the end of the first quarter of 2023. The […]
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Stocks making the biggest moves midday: Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50 percent for the year. Scott Olson | Getty Images Check out the companies making headlines in […]
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Disney+ subscribers are getting early access to exclusive merchandise, and it’s already selling out
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Can Disney convert its binge watchers into binge buyers? The company launched a limited test Tuesday to see if its streaming subscribers will […]
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United pilots reject contract deal that ‘fell short’
United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC United Airlines pilots “overwhelmingly” rejected a tentative agreement that would have given pilots raises of nearly 17%, their union said Tuesday, the latest setback in rocky labor talks between unions and airlines. The tentative agreement “fell short of the industry-leading contract United pilots […]
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Fox earnings lifted by advertising revenue from free streaming service Tubi
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter, noting that […]
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‘Best smidcap stock that investors don’t know about’ is in billboards and broadband, Wells Fargo says
Boston Omaha, an outdoor advertising and broadband telecom services company, is “the best smidcap stock that investors don’t know about,” according to Wells Fargo. Its other businesses include surety insurance and asset management. Wells Fargo analyst Steven Cahall raised the price target to $34 (from $27), implying shares of Boston Omaha can surge roughly 22% […]
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Taylor Swift holds all top 10 spots in Billboard Hot 100 as she announces first major tour in nearly 5 years
Taylor Swift performs on the stage in concert at Mercedes-Benz Arena on May 30, 2014 in Shanghai, China. Vcg | Visual China Group | Getty Images Taylor Swift said Tuesday she’s heading back out on tour, as she occupies all of the top 10 spots of the Billboard Hot 100 with songs from her new […]
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Watch SpaceX’s Falcon Heavy, the world’s most powerful rocket, launch a Space Force mission
[The webcast is scheduled to begin at 9:26 a.m. ET. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX on Tuesday is set to launch the first Falcon Heavy mission in over three years, a towering rocket that is the most powerful currently in operation. SpaceX’s rocket is […]
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Credit Suisse downgrades Charles Schwab, says there is limited upside from here
Investors can expect limited upside in Charles Schwab looking ahead to 2025, according to Credit Suisse. Analyst Bill Katz downgraded Charles Schwab to neutral from outperform, saying the stock is trading at a fair value after its outperformance this year. Charles Schwab shares are down just 5% this year, better than the near 19% decline […]
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