Intuitive Machines (LUNR) stock surges as lander approaches the moon
The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to […]
Bed Bath & Beyond parent ‘dissatisfied’ with Q4 results, reassessing its portfolio
Beyond BYON, +4.98%, the owner of Bed Bath & Beyond and Overstock, said revenue fell in the latest quarter and that it is reviewing its portfolio to meet its full-year financial goals. The location-based online retailer posted fourth-quarter loss of $161 million, or $3.55 a share, compared with a loss of $15.5 million, or 34 […]
American Airlines raises bag fees, limits miles for travel agency bookings
An American Airlines plane sits at the gate at Cancun International Airport on May 26, 2023. Daniel Slim | AFP | Getty Images American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn […]
Citigroup CEO Jane Fraser got a raise last year, but still makes less than rival bank CEOs
Citigroup Chief Executive Jane Fraser got a roughly 6% year-over-year raise last year, bringing her total 2023 compensation to $26 million, the bank said on Tuesday, citing what it said were her “sound” strategic priorities. Fraser’s total compensation package for 2023 included a $1.5 million base salary, a $3.675 million cash incentive and around $20.8 […]
FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC. The joint venture, announced earlier this month, aims to offer viewers a […]
Macy’s activist Arkhouse launches proxy fight with nine directors
Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images Investment firm Arkhouse Management has launched a proxy fight at Macy’s, nominating a slate of nine directors for election to the department store’s board. The nominees include former Brookfield executive Ric Clark; […]
Menopausal women will be the top U.S. demographic. Why does medicine ignore them?
Even though women represent half the population, the natural transition of menopause has been a taboo subject for generations. In the past, scurvy, epilepsy, schizophrenia, madness, hysteria were all blamed on menopause. Lisa Mosconi, a neuroscientist and women’s health advocate, aims to change that. Menopause is not something that happens to an individual. It is […]
Home Depot (HD) Q4 2023 earnings
A Home Depot bucket at a Home Depot store in Hercules, California, on Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday said quarterly sales declined nearly 3% year over year, but it surpassed Wall Street’s earnings and revenue expectations despite the cooler demand. On a call with CNBC, […]
People of color have made big homeownership gains — especially this group
People of color made significant gains in homeownership over the last several years, with the Hispanic homeownership rate hitting an all-time high, according to a new report by the National Association of Realtors. The NAR on Tuesday released its annual Snapshot of Race and Home Buying in America, which detailed homeownership trends within each racial […]
Walmart agrees to buy Vizio to grow ad business
Vizio televisions are displayed at a store in San Rafael, California, on Feb. 13, 2024. Justin Sullivan | Getty Images Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. […]
