UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023Michael Wayland / CNBCA strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor,...
Commonwealth Financial Network has announced the expansion of its Talent Exchange Initiative, which aims to connect skilled students from top universities that offer certified financial planning programs with the firm’s affiliated advisers. The initiative is an expansion of the pilot program started at Bentley University last year. It will help...
A man passes by a GameStop location on 6th Avenue in New York, March 23, 2021.View Press | Corbis News | Getty ImagesCheck out the companies making headlines in extended trading.GameStop — The video game retailer surged 5% after posting an increase in sales for its latest quarter. GameStop...
Investment advisors worried about what may be in store when the SEC knocks on their door received a fairly detailed preview from the agency Wednesday. The Securities and Exchange Commission outlined in a risk alert how it selects firms to examine, the areas it focuses on in the probes and...
Creative Planning CEO and president Peter Mallouk said the giant registered investment advisor with $245 billion in client assets is building three lanes for the several hundred financial advisors and staff at the newly acquired RIA Personal Financial Management to allow them to move comfortably to Creative Planning in...
A scene from "Barbie."Courtesy: Warner Bros.Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but it was fresh fare like "Barbie" and "Oppenheimer" that fueled the industry's haul of $4 billion, a 19% jump from last year.Starting the first Friday in May and running through...
An ETF shop known for shorting Jim Cramer’s and Cathie Wood’s stock picks is preparing to bet against a different category: ESG. On Tuesday, Tuttle Capital filed with the Securities and Exchange Commission to launch two products: the Inverse Socially Conscious and Self Defense Index ETFs. The former would seek...
The Tesla logo is seen on a charging station in Virginia, Aug. 16, 2023.Celal Gunes | Anadolu Agency | Getty ImagesCheck out the companies making the biggest moves midday.Roku — Shares popped 3% after the streaming company announced it would lay off 10% of its staff, consolidate office space...
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023.Tiffany Hagler-Geard | Bloomberg | Getty ImagesRoku said it will lay off 10% of its workforce, or about 360 people, as the streaming software company looks to slash expenses.In a regulatory filing Wednesday, the company said the cost-cutting measures aim to...