Tag: Breaking News: Business
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JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie
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Wendy’s shares soar for a second day as retail investors pile into their new meme darling
The stock’s advance appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm.
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GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he’ll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
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Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden’s fine-dining restaurants and Olive Garden fell short of expectations.
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TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
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Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ extract AI capabilities
The letter, which was obtained by CNBC, claims Alibaba carried out “the largest known distillation attack on Anthropic to date.”
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Nike names a new finance chief, but our plan for the stock isn’t changing
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Toyota is gaining on General Motors in U.S. sales, according to new forecast
Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
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Wendy’s stock soars as meme traders target another turnaround play
While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
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Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
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