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Investing

Byron Allen puts broadcast TV stations up for sale

Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank…
Investing

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who…
Investing

U.S. foreign tax bill sends jitters across Wall Street

While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax…
Investing

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as…
Investing

Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia…
Investing

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO…
Investing

23andMe to delist from Nasdaq, deregister with SEC

23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to…
Investing

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

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….
Investing

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said…
Investing

Walmart fined for shipping realistic toy guns to New York, violating state law

Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns…
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