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Stock futures are little changed with key corporate earnings on deck: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Stock futures were little changed Monday as investors waited to assess whether the next batch of key corporate earnings could power the market to more records. Futures on the Dow Jones […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Running to records U.S. stocks have taken a steady climb to new records. The S&P 500 and Dow Jones Industrial Average both notched their highest closes ever on Friday. Both of those indexes and the Nasdaq Composite rose more […]
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Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn’t at NBC
Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Eric Gaillard | Reuters Less than two years after NBCUniversal fired Jeff Shell for alleged sexual harassment, the former CEO is close to finding himself back in the saddle leading a storied […]
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‘Business Leaders for Harris’ campaign launches a podcast and website featuring Cuban, Hastings, Hoffman and more
Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024. Carlos Barria | Reuters Vice President Kamala Harris’ top allies in the private sector have launched a new campaign that seeks to portray the Democratic nominee as the best candidate for business, […]
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Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney
Chesnot | Getty Images News | Getty Images The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos Jr signed into law on Wednesday the imposition of VAT on non-resident digital service providers […]
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LVMH and Formula One announce 10-year partnership
The Race winner trophy is seen in a Louis Vuitton trunk on the grid prior to the F1 Grand Prix of Monaco at Circuit de Monaco on May 26, 2024 in Monte-Carlo, Monaco. Bryn Lennon | Formula 1 | Getty Images Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, […]
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Tom Brady to put his watch collection up for sale at Sotheby’s
Tom Brady. Mike Ehrmann | Getty Images Sport | Getty Images Legendary quarterback Tom Brady is putting his valuable watch collection up for sale. The seven-time Super Bowl champion’s collection will be available this December through auction house Sotheby’s as part of “The GOAT Collection: Watches and Treasures from Tom Brady.” The watches range in […]
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EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming
Charlie Ergen, chairman and co-founder of Dish Network Corp. Jonathan Alcorn | Bloomberg | Getty Images Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned […]
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Billionaires poured millions of dollars into presidential super PACs in August
Republican presidential nominee and former U.S. President Donald Trump (L), and Vice President Kamala Harris. Reuters The nation’s wealthy opened their wallets in August with a focus on election season, donating millions to the super PACs backing Vice President Kamala Harris, former President Donald Trump and Democrats and Republicans throughout the country, according to monthly […]
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Streaming deals are key to future of NFL viewership, fandom
The National Football League’s bet on streaming is paying off — and helping to broaden its fanbase in the U.S. and globally. Hans Schroeder, the NFL’s executive vice president of media distribution, said at CNBC x Boardroom’s Game Plan sports business event on Tuesday that the league’s recent slew of exclusive streaming deals with media […]
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