Signage on the ViacomCBS headquarters during a winter storm in New York, U.S., on Friday, Feb. 19, 2021. Mark Kauzlarich | Bloomberg | Getty Images Morgan Stanley and Goldman Sachs, two of the firms at the center of the Archegos Capital Management unwinding, played a variety of roles before, during […]
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Coinbase direct listing set for April 14 after SEC approval
The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Cryptocurrency exchange Coinbase said Thursday that it will begin trading on April 14, after receiving regulatory clearance for its direct listing from the Securities and Exchange Commission. The company, ranked No. 10 on the 2018 CNBC Disruptor 50 list, […]
Cramer’s week ahead: A ‘bad news is good news’ kind of market
CNBC’s Jim Cramer said Thursday he won’t be surprised if the March jobs report is soft. “Yesterday, I suggested that the counter-trend rally in tech could continue for a few more days before it ebbs,” the “Mad Money” host said. “So far that forecast stands, but without a cool employment […]
National Football League agrees to data rights deal with Genius Sports
Matt Ryan (2) of the Falcons is chased by Ndamukong Suh (93) of the Bucs during the regular season game between the Atlanta Falcons and the Tampa Bay Buccaneers on January 03, 2021 at Raymond James Stadium in Tampa, Florida. Cliff Welch | Icon Sportswire | Getty Images The National […]
Hotels are reaching the highest occupancy levels since the pandemic, Wyndham CEO says
The hotel industry is seeing a record uptick in occupancy levels this month as more people are traveling amid the nicer weather, according to the CEO of Wyndham Hotels and Resorts. “These last two weeks … have been the highest two weeks of occupancy in our industry since last March […]
Biden ran on a health insurance public option, but it’s not clear if he will include it in his recovery plan
US President Joe Biden speaks in Pittsburgh, Pennsylvania, on March 31, 2021. Jim Watson | AFP | Getty Images While President Joe Biden tries to steer his mammoth new infrastructure plan through Congress, his administration is planning the next phase of its economic recovery efforts. As the White House prepares […]
Biden infrastructure plan relies on steep corporate tax hikes: CNBC After Hours
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, FiscalNote Markets Managing Director Stefanie Miller breaks down the corporate tax hikes included in President Biden’s new $2 trillion infrastructure plan. Plus, Jennifer Elias explains why Google is accelerating its return-to-work plans. S&P 500 climbs more […]
Mark Cuban on his cryptocurrency portfolio: ‘I own a lot of Ethereum because I think it’s the closest to a true currency’
Billionaire investor Mark Cuban is bullish on the future of cryptocurrency and frequently compares blockchain technology to the early days of the internet. That’s why, over the years, Cuban held onto the few digital coins he bought in the “early days,” Cuban said on a recent episode of “The Delphi Podcast.” […]
Why Hollywood may be staying surprisingly quiet about Georgia’s new voting law
Tyler Perry accepts People’s Champion Award onstage for the 2020 E! People’s Choice Awards held at the Barker Hangar in Santa Monica, California and on broadcast on Sunday, November 15, 2020. Christopher Polk | E! Entertainment | NBCUniversal | Getty Images While other corporate giants like Coca-Cola and Delta have […]
Here’s how you can be forced to get the Covid vaccine in the U.S.
President Joe Biden said in March that the U.S. aims to have 200 million Covid vaccine doses administered during his first 100 days in office. By May,every American adult who wants a vaccine will be eligible to get in line for a shot. That said, 30% of U.S. adults still […]