business news
Joe Manchin raises over $1 million from donors including Patriots owner, Wall Street execs, energy giants
U.S. Senator Joe Manchin (D-WV) walks to the Senate floor at the U.S. Capitol in Washington, June 7, 2022. Jonathan Ernst | Reuters Sen. Joe Manchin’s reelection campaign raised over $1 million over three months thanks to donations from the likes of New England Patriots owner Robert Kraft, multiple Wall Street leaders and energy giants. […]
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Stocks making the biggest moves midday: Citigroup, Wells Fargo, Pinterest and more
Citigroup offices in New York City. Adam Jeffery | CNBC Check out the companies making headlines in midday trading. Pinterest — Shares of the image-sharing social media company surged 16.2% on a report from the Wall Street Journal that Elliott Management has acquired a more than 9% stake. Citigroup — Citigroup rallied 13.2% after second-quarter […]
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San Francisco Mayor Breed says city faces remote work challenge as tech workers leave town or stay home
San Francisco Mayor London Breed speaks outside City Hall in San Francisco. Eric Risberg | AP San Francisco Mayor London Breed said her technology-heavy city will have to adjust to the new reality that many workers aren’t coming back to the office. In an interview airing Friday evening on CNBC’s “The News with Shepard Smith,” […]
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ISS urges Spirit shareholders to vote against Frontier merger, calls JetBlue bid superior
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC Proxy advisory firm Institutional Shareholder Services on Friday reversed its stance on Spirit Airlines’ planned tie-up with Frontier Airlines, urging Spirit shareholders to vote against the deal and calling JetBlue Airways’ all-cash bid a “superior alternative,” yet another […]
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CDC expects monkeypox outbreak to grow as total cases surpass 1,400 and vaccine demand outstrips supply
A person arrives to receive a monkeypox vaccination at the Northwell Health Immediate Care Center at Fire Island-Cherry Grove, in New York, U.S., July 15, 2022. Eduardo Munoz | Reuters The Centers for Disease Control and Prevention has confirmed more than 1,400 monkeypox infections across 44 states and territories in the U.S. and said it […]
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Biden speaks after meeting with Crown Prince MBS in Saudi Arabia
WASHINGTON – President Joe Biden spoke from Jeddah on Friday following several highly criticized meetings with Saudi Arabia’s royalty. Biden’s address from Saudi Arabia, largely clouded by concerns over the kingdom’s human rights abuses, comes hours after the president fist bumped Crown Prince Mohammed bin Salman. U.S. intelligence concluded that the prince, known as MBS, […]
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Disney highlights value of its streaming bundle by increasing price of ESPN+ 43% to $9.99 per month
ESPN Mike Windle | ESPN | Getty Images Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. The increase will kick in on Aug. 23. An annual subscription to ESPN+ will jump from $69.99 to $99.99. […]
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Biden fist bumps Saudi Prince MBS after condemning Jamal Khashoggi killing
President Joe Biden gave a friendly fist bump Friday to Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman, whom the CIA has said likely ordered the brutal 2018 slaying of Washington Post columnist Jamal Khashoggi in Turkey. Biden’s warm gesture to Bin Salman as the president exited a limousine came ahead of their […]
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Apple Music subscribers are getting access to exclusive content from artists like Carrie Underwood
As Apple seeks to bolster its subscription service to compete with Spotify, the company is adding exclusive performances from artists, who will be able to use Apple’s studios to cover classics and recreate their own hits. On Friday, the company introduced Apple Music Sessions, featuring content from singers including Carrie Underwood and Tenille Townes. Both […]
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Tiger Woods misses the cut at what could be his last British Open at St. Andrews
Tiger Woods of the U.S. reacts on the 18th during the second round of the 150th Open Championship – Old Course, St Andrews, Scotland, Britain, July 15, 2022. Paul Childs | Reuters After two difficult days at St. Andrews, Tiger Woods missed the British Open cut Friday, finishing nine shots over par. He was visibly […]
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