CNBC's Jim Cramer expressed sympathy for Southwest as the airline stock was further punished by a new sell call following last week's wider-than-expected quarterly loss on Boeing aircraft delays. "I don't know what you can do. A lot of this is not their fault. It's Boeing's fault," Cramer said...
Large family offices have nearly half their investments in private markets and alternatives, as they move out of the stock market in search of higher returns and lower volatility, according to a new study.Family offices have 46% of their total portfolio in alternative investments, which includes private equity, real...
Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans."All projects are moving full steam ahead," Faisal Al Ibrahim told CNBC's Dan Murphy on Monday at the World Economic...
Pittsburgh Pirates pitcher Paul Skenes. Diamond Images | Diamond Images | Getty ImagesThe regional sports network that airs Pittsburgh's MLB and NHL teams is launching a direct-to-consumer streaming service, the latest to take the step as more fans cut the cord.SportsNet Pittsburgh on Monday unveiled SNP 360, which will cost...
Delmaine Donson | E+ | Getty ImagesWedding and engagement season is right around the corner and that means many couples will embark on a path toward marriage.One of the most important conversations newlyweds will need to have is figuring out how and who will pay the bills. The goal...
Bob Bakish, CEO of Paramount, speaks with CNBC's David Faber on Sept. 6, 2023.CNBCIn what could easily be a plotline from HBO's hit show "Succession," Paramount Global plans to replace Chief Executive Officer Bob Bakish with a cohort of existing division heads on Monday in a chessboard-altering move designed...
Check out the companies making headlines in premarket trading: Tesla — Shares rocketed more than 10% during premarket trading after the electric vehicle company said on Sunday that local Chinese authorities removed restrictions on its cars , raising expectations that Tesla's driver-assistance software Full Self-Driving would soon be available...