Tag: business news
Federal funding cuts raise questions about university endowments
Columbia UniversityEducation Images | Getty ImagesIn early March, the Trump administration canceled $400 million in grants and contracts to Columbia U [...]
AMC bets on premium screens as Hollywood slate boasts blockbusters
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | ReutersHollywood's blockbuster slate is heating [...]
This bond fund manager dropped out of a Ph.D program to find finance
Kathryn Glass, co-head of high-yield group at Federated HermesCourtesy: Federated Hermes Inc.Federated Hermes' Kathryn Glass wasn't always set on a ca [...]
Newsmax stock starts trading on NYSE
Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention (RNC) on July 14, 2024, in M [...]
Vaccine stocks fall after FDA’s Peter Marks resigns over RFK Jr.
Rafael Henrique | Lightrocket | Getty ImagesShares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of H [...]
Top Wall Street analysts are confident on the outlook for these 3 stocks
Tariffs under the Trump administration have triggered concerns about the impact on demand and fears of a potential recession, roiling the stock market [...]
Foley artists bring a human touch to moviemaking even with rise of AI
Foley artist Gary Hecker recreates sounds (in this case, galloping horses) on the Foley sound stage at Todd-AO Studios in Santa Monica, California, Ju [...]
Novo Nordisk’s diabetes pill Rybelsus slashes cardiovascular risk
Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new t [...]
Corvex’s Meister joins the board at Illumina. How he can create value
Signage on the door of Illumina Inc. offices in Hayward, California, US, on Wednesday, March 5, 2025.David Paul Morris | Bloomberg | Getty ImagesCompa [...]
Canadians pull back on U.S. trips, threatening to widen travel deficit
Canadians hold an "Elbows Up" protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, On [...]
Founder Charlie Javice found guilty of defrauding JPMorgan Chase
Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 mill [...]
Disney, ABC receive FCC investigation notice
The main gate at The Walt Disney Studios in Burbank, California, on Sept. 25, 2023.Mario Anzuoni | ReutersThe Federal Communications Commission has al [...]
Former Citi CEO Sandy Weill launches new cancer research hub
Former Citigroup CEO Sandy Weill announced Thursday morning a $50 million gift through the Weill Family Foundation to establish the Weill Cancer Hub E [...]
Ferrari to raise prices by 10% on some models to offset auto tariffs
The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy.Ciancaphoto Studio | Getty Images Sport | Getty ImagesFerrari said Thurs [...]
KB Home unveils its first ‘fire-resilient’ community in California
KB Home's new wildfire-resilient neighborhood in Escondido, California.CNBCJust months after raging wildfires destroyed thousands of homes in the Los [...]