GameStop’s stock skyrockets 29% to continue rally and register biggest gain in over a year
Shares of videogame retailer and original meme stock GameStop surged on no apparent news this week.
Skydance could drop bid after Sony Apollo offer
Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023. David A. Grogan | CNBC Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following the […]
Can you buy a house if you make less than $100,000? Yes — in these 10 metro areas.
Dreaming of buying a house in today’s challenging real estate market? In this economy, you’ll need to make at least six figures — in most markets.
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Immigrant workers made up 18.6% of the workforce […]
In Norfolk Southern board battle, proxy adviser Egan-Jones throws weight behind activist Ancora
Egan-Jones has joined fellow proxy advisers Institutional Shareholder Services and Glass Lewis in stepping into activist Ancora’s board battle with railroad operator Norfolk Southern.
Amgen soars on weight loss drug progress, Novo Nordisk, Eli Lilly slide
Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection. That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly, lower on Friday. Eli Lilly shares dropped […]
Walmart to shutter health centers, virtual care service
Walmart on Tuesday said it will close all of its health-care clinics across the country, a stunning reversal of its plans to bring its low-priced reputation to the dentist and doctor’s office along with the grocery aisle. The big-box retailer said it would also shutter its telehealth provider, which it acquired for an undisclosed amount […]
Betting on the Kentucky Derby? Here’s how to think like a professional handicapper.
This year’s race, on May 4, marks the 150th edition of the Run for the Roses.
NYCB shares jump 30%, CEO gives plan for ‘clear path to profitability’
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial loans and higher expenses, but the lender’s stock surged on its new performance targets. The […]
Anglo American shares rise on report Glencore may make rival offer
Shares of Anglo American rose on Friday after a report that Glencore was considering making a rival offer for the mining company.
