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Investing

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

November 14, 2024
Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. It’s a combination that’s…
Investing

Netflix ad-supported tier has 70 million monthly users two years after launch

November 14, 2024
Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than…
Investing

Trump’s tariff threats send U.S. companies scrambling for lobbyists and loopholes

November 14, 2024
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the international…
Investing

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

November 13, 2024
Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull…
Investing

‘Trump trade’ returns for second week as bitcoin, Tesla, stocks surge

November 13, 2024
Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald…
Investing

Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump

November 10, 2024
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly…
Investing

Wall Street expects Trump presidency will unlock deal-making

November 9, 2024
Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in…
Investing

Amazon gets FAA approval for new delivery drone as it begins tests in Arizona

November 8, 2024
Amazon said Tuesday it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its…
Investing

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

November 8, 2024
Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than…
Investing

Home Depot co-founder Bernie Marcus dies

November 8, 2024
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95….
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