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Hollywood studio stocks fall after Trump proposes foreign film tariff

Hollywood studio stocks fall after Trump proposes foreign film tariff

Business News

The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Investors in Hollywood’s top studios and streaming services were spooked Monday after President Donald Trump proposed implementing a 100% tariff on movies made overseas. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery fell in early-morning […]

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Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

Business News

The “Saarinen Lobby” inside General Motors’ global design headquarters on the campus of its Warren Technology Center outside of Detroit, Michigan. GM WARREN, Mich. — Walking into General Motors’ global design headquarters is like taking a step back in time. Much of the midcentury-modern architecture and designs have remained untouched since the space opened in

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‘Dumpster fire’: Retailers urge shoppers to buy now before tariffs raise prices

‘Dumpster fire’: Retailers urge shoppers to buy now before tariffs raise prices

Business News

Retailers bracing for consumer spending to drop are using President Donald Trump’s trade war as a marketing strategy, urging consumers to buy now before tariffs lead to price increases or potential shortages.  A host of private and direct-to-consumer brands such as Beis, Bare Necessities, Fashion Nova and Knix have mentioned tariffs in marketing campaigns in

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Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them

Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them

Business News

Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge. Courtesy of The Persnickety Bride; Photograph by Stella Blue Photography Days after President Donald Trump announced steep

Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them Read More »

Newark flight disruptions pile up as United Airlines blames FAA staffing, technology

Newark flight disruptions pile up as United Airlines blames FAA staffing, technology

Business News

United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines passengers faced hourslong delays again Friday as air traffic controller staffing issues disrupted more flights at the carrier’s hub at Newark Liberty International Airport in

Newark flight disruptions pile up as United Airlines blames FAA staffing, technology Read More »

Netflix stock is trading at all-time high levels in unprecedented win streak

Netflix stock is trading at all-time high levels in unprecedented win streak

Business News

Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Stock Chart IconStock chart icon Netflix stock since April 17. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four

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Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty

Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty

Business News

The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise. Churchill Downs has paused a $900 million capital improvement project at its storied race track in Louisville, Kentucky, the site of the world’s most famous

Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty Read More »

Billionaire Lukas Walton names new CIO for his family office

Billionaire Lukas Walton names new CIO for his family office

Business News

Noelle Laing, chief investment officer of Builders Vision. Courtesy of Builders Vision A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Builders Vision, the family office of billionaire Walmart heir Lukas Walton, has

Billionaire Lukas Walton names new CIO for his family office Read More »

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