Business
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Universal Music loses $13 billion in market cap after streaming revenue misses expectations
July 27, 2024
Universal Music loses $13 billion in market cap after streaming revenue misses expectations
The record label behind Taylor Swift, Billie Eilish and Ariana Grande has posted revenue growth from its subscription and streaming…
Bill Ackman’s Pershing Square Closed-End Fund IPO Delayed: NYSE
July 27, 2024
Bill Ackman’s Pershing Square Closed-End Fund IPO Delayed: NYSE
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing…
Paris Olympics kick off with lavish opening ceremony
July 27, 2024
Paris Olympics kick off with lavish opening ceremony
The Paris Olympics kicked off with a lavish opening ceremony Friday night as a flotilla of boats carried 10,500 athletes…
CEO abruptly resigns from board after leaked emails allegedly show inappropriate influence
July 26, 2024
CEO abruptly resigns from board after leaked emails allegedly show inappropriate influence
Gabrielle “Ellie” Rubenstein, daughter of Carlyle Group Inc. co-founder David Rubenstein has resigned from the board of Alaska’s sovereign wealth…
Kroger, Albertsons Agree to Halt Merger as FTC and State Challenges Continue
July 26, 2024
Kroger, Albertsons Agree to Halt Merger as FTC and State Challenges Continue
The deal between the two grocery stores has faced close regulatory scrutiny since it was announced in October 2022.
Markets see three rate cuts by year-end after better inflation news
July 26, 2024
Markets see three rate cuts by year-end after better inflation news
News of improving inflation has once again raised investors’ hopes that the Federal Reserve will soon begin cutting interest rates…
What we know so far
July 26, 2024
What we know so far
Just hours before the opening ceremony of the Olympics, France was hit by an act of sabotage that paralyzed its…
Team GB CEO: Olympic Village not serving enough food
July 26, 2024
Team GB CEO: Olympic Village not serving enough food
Competing in the Olympics is the ultimate dream for many athletes. The event is also a huge undertaking for host…
Hermes Bucks Luxury Slow Down With High Sales But Flags Weakness in China
July 26, 2024
Hermes Bucks Luxury Slow Down With High Sales But Flags Weakness in China
The maker of Birkin handbags reported higher sales in the second quarter, helped by wealthy customers, helping the company weather…
Chinese shoppers flock to Japan to take advantage of weak yen
July 26, 2024
Chinese shoppers flock to Japan to take advantage of weak yen
Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets lined with colorful neon signs. Ginza avenues are…