Tag: Breaking News: Business
Oddity Tech (ODD) earnings Q1 2024
As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it's bucking the trend. Oddity Tech – the newly public [...]
Private equity firms circle Peloton for potential buyout
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back t [...]
Disney streaming results improve as cable TV decays
The Walt Disney Company CEO Bob Iger attends the Nominees Luncheon for the 95th Oscars in Beverly Hills, California, U.S. February 13, 2023. Mario Anz [...]
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
Stanley Druckenmiller, Duquesne Family Office, at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Stanley Druckenmiller [...]
Disney (DIS) earnings Q2 2024
The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, [...]
Dozens of former employees plan to sue Bowlero for discrimination
Dozens of former employees who say they were fired from Bowlero based on their age or out of retaliation plan to sue the bowling chain after the U.S. [...]
Equinox launches $40,000 ‘Optimize’ membership
High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving ove [...]
Ex-CEO Howard Schultz weighs in on Starbucks earnings miss
Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions [...]
Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons
OMAHA, Nebraska — Warren Buffett's Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the "Oracle of Omaha" continued to downsize [...]
‘We lost quite a bit of money’
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.CNBCOMAHA, Neb. — Warren Buffett rev [...]
Star Wars was the first Lego license — 25 years later, it’s stronger than ever
Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023.Anadolu | Anadolu | Getty ImagesIf you are a Star [...]
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 [...]
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit
Squishmallows of Waren Buffett and Charlie Munger display at the Berkshire Hathaway Annual Shareholders Meeting at Omaha, Nevada on May 3, 2024.Sarah [...]
Berkshire Hathaway’s 2024 meeting is Saturday. Here’s how to watch
Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, NE.David A. Grogan | CNBCWhen Warren Buffett kic [...]
Sony, Apollo express interest in Paramount buyout amid Skydance bid
Shari Redstone, non-executive chairwoman of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 1 [...]