Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in […]
Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI Read More »
Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Bloomberg | Bloomberg | Getty Images Joby
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings
Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming Read More »
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck by its full-year sales forecast, however. For fiscal 2025, Macy’s
Macy’s cuts profit outlook as tariffs, promotions hit its business Read More »
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO.
Circle IPO has peculiar Facebook-like characteristic Read More »
Still from Disney’s newest live-action remake “Lilo & Stitch.” Disney Shares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office. AMC saw its stock jump more than 20%, while shares of Marcus Theatres’ parent company Marcus Corporation climbed 8% and Cinemark stock leaped 2.5%. The tandem
Movie theater stocks soar after record-breaking Memorial Day box office Read More »
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Set your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century. Starting
Southwest Airlines will start charging $35 for a checked bag tomorrow Read 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. Billionaire Daniel Lubetzky built his fortune on Kind snack bars made with nuts, fruits and whole grains. He sold a controlling
How the tycoons behind Kind Bars, Hot Pockets and other snacks diversify their fortunes Read More »
Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. Tiksa Negeri | Reuters The U.S. Justice Department said Friday that it has reached a deal with Boeing to avoid prosecution over two crashes of the
Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes Read More »
FILE PHOTO: Apple CEO Tim Cook escorts U.S. President Donald Trump as he tours Apple’s Mac Pro manufacturing plant with in Austin, Texas, U.S., November 20, 2019. Tom Brenner | Reuters The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week,
Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S. Read More »
