Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, on July 13, 2024. Brendan Mcdermid | Reuters Former President Donald Trump on Friday vowed to hold another campaign rally in the same area of Pennsylvania where he […]
CNBC News
Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock Exchange’s website. The initial public offering of Pershing Square USA Ltd, […]
What Kamala Harris’ latest financial disclosure reveals about her investment portfolio
U.S. Vice President Kamala Harris speaks on the phone with former President Barack Obama and former first lady Michelle Obama as the Obamas endorse Harris as the Democratic presidential candidate in this still image taken from a video released on July 26, 2024. Harris For President Campaign | Via Reuters […]
Dexcom shares plunge more than 40% for worst day on record
Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early afternoon, wiping out about $18 billion in market cap. Prior […]
FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus
A Falcon 9 rocket launches a Starlink mission from Vandenberg Space Force Base in California on Jan. 31, 2023. SpaceX The Federal Aviation Administration has approved SpaceX to resume flights of its mainstay Falcon 9 rocket after a brief grounding, with Elon Musk’s company planning to launch its next mission […]
Defining a buyer’s market ‘is always a bit tricky,’ real estate expert says: 4 signs to monitor
Even as home prices hit new highs, experts say there are signs that the housing market is becoming better for buyers in some locations. The median cost of an existing, single-family home in the U.S. was $426,900 in June, a new all-time high, according to the National Association of Realtors. […]
WNBA hopes to cash in on rising popularity with media rights reevaluation after 2028 season
Connecticut Sun forward Brionna Jones (left) and Los Angeles Sparks forward Cameron Brink (22) fight for ball possession during a WNBA game between the Sparks and the Sun on June 18, 2024, at Mohegan Sun Arena in Uncasville, CT. Anthony Nesmith | Icon Sportswire | Getty Images The WNBA’s new […]
Dexcom shares plunge more than 40%, head for worst day on record
Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early afternoon, wiping out about $18 billion in market cap. Prior […]
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given the NBA’s unjustified rejection of […]
‘Deadpool & Wolverine’ snares $38.5 million in Thursday previews, on pace for record opening
Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Disney and Marvel’s “Deadpool & Wolverine” has secured $38.5 million in Thursday previews and is on pace for a domestic debut north of $150 million, which would be a record for an R-rated film. The latest entrant in […]