The lawyers for Britney Spears’ father backed themselves into a corner by telling the media that she can end her conservatorship at any time, Civil Rights attorney David Henderson said Wednesday. “What her father’s attorneys have consistently said is, if she wants out, all she has to do is to […]
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Box CEO says KKR investment created opportunity for all shareholders
Box CEO Aaron Levie on Wednesday defended his company’s decision to accept a sizeable investment from KKR earlier this year. “We felt that we had a very strong long-term partner that wanted to invest in the business and be able to see significant stock appreciation that we believe all shareholders […]
CDC group says there isn’t enough data yet to recommend Covid booster shots
Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters A group of Centers for Disease Control and Prevention scientists said Wednesday that currently there isn’t enough data to support recommending Covid-19 booster shots to the […]
Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback
He predicted tech’s recent comeback, and now Oppenheimer Asset Management’s John Stoltzfus believes Wall Street can avoid an unnerving summer setback. He attributes tech’s latest outperformance as a key reason why it could be a positive summer for investors. “That might be possible,” the firm’s chief investment strategist told CNBC’s […]
Asia may be first in, last out of the Covid pandemic, says travel services firm
A health worker prepares a vial of Chinese Sinovac vaccine against Covid-19 coronavirus disease inside a movie theatre turned into a vaccination center in Taguig City suburban Manila on June 14, 2021. Ted Aljibe | AFP | Getty Images SINGAPORE — Asia was the first epicenter of the Covid-19 outbreak […]
Indiana woman reportedly pleads guilty in first Capitol riot sentencing
Police release tear gas into a crowd of pro-Trump protesters during clashes at a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, at the U.S. Capitol Building in Washington, January 6, 2021. Shannon Stapleton | Reuters A 49-year-old woman from Indiana will […]
SBA to process most aid applications for music venues and theaters by early July, Sen. Hagerty says
The Anthem music venue in Washington, D.C. pleading with the Small Business Administration to release aid for shuttered independent venues. CNBC The Small Business Administration plans to process most of the aid applications from its Shutter Venue Operators Grant (SVOG) program by early July, Sen. Bill Hagerty, R-Tenn., said Wednesday. […]
The Fed doesn’t need to worry about the hot housing market right now, Jim Cramer says
The Federal Reserve doesn’t need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC’s Jim Cramer said Wednesday. “I don’t want to repeat the mistakes that led to the financial crisis,” the “Mad Money” host said. “Unlike the lead-up […]
John McAfee dead of apparent suicide in Spanish jail after court approves his extradition to U.S. on tax charges
Eccentric antivirus software company founder John McAfee was found dead of a suspected suicide in his prison cell in Barcelona, Spain, on Wednesday, shortly after that country’s National Court approved his extradition to the United States to face criminal tax evasion charges, his lawyers said. The Spanish newspaper El Mundo […]
Stock futures open flat after S&P 500 snaps two-day winning streak
Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures opened flat in overnight trading after the market’s comeback rally hit a speedbump on Wednesday. Futures on the Dow Jones Industrial Average added 38 points, or 0.11%. S&P 500 futures ticked 0.09% higher and Nasdaq 100 […]