Edgar Bronfman, Jr.Cameron Costa | CNBCEdgar Bronfman Jr.'s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful.Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved with the company if the Paramount special committee...
Unveiling the Dynamic Shift in the Build vs. Buy With technology serving as a key building block for business success, investment management firms large and small must carefully evaluate decisions around building vs. buying software. In the past, many companies developed home-grown solutions to address their business needs. However, many...
With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is imminent, the market's attention Friday quickly turned to when and by how much. Traders continued to price in a greater likelihood that the Fed will kick off what is expected to be a protracted...
Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped more than 21% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second quarter. That topped LSEG estimates...
Images By Tang Ming Tung | DigitalVision | Getty ImagesThe Biden administration on Friday said it will resume offering free at-home Covid-19 tests to American households in late September as the virus has gained a stronger foothold in the U.S. this summer.Americans will soon be able to use COVIDtests.gov...
Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024.Andrew Harnik | Getty ImagesDelta Air Lines' chief operating officer is leaving at the end of the month, the company said in a securities filing on Friday.CEO Ed Bastian said in an employee...
