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Family office dealmaking doubled in February with bets on crab shells, nuclear reactors and more

Family office dealmaking doubled in February with bets on crab shells, nuclear reactors and more

A version of this article first 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. Last month, family offices made at least 48 direct investments, double that of the month prior, according to data […]

Family office dealmaking doubled in February with bets on crab shells, nuclear reactors and more Read More »

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power

A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles.  Robyn Beck | AFP | Getty Images Gap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better – and faster – than

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power Read More »

Women’s pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund

Women’s pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund

Victoria Azarenka plays a backhand against Iga Swiatek of Poland in their second round match during day three of the Dubai Duty Free Tennis Championships, part of the Hologic WTA Tour at Dubai Duty Free Tennis Stadium on February 18, 2025 in Dubai, United Arab Emirates.  Christopher Pike | Getty Images Big changes are coming

Women’s pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund Read More »

Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines

Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines

Michael Siluk | UCG | Universal Images Group | Getty Images Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year in 2024, which disappoints us, but we’re focused on improving that in 2025,”

Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines Read More »

Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results

Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the all-important

Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results Read More »

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