Starboard moves to collapse News Corp’s dual class stock in challenge to Rupert Murdoch

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Picture date: Thursday June 22, 2023.Victoria Jones | Pa Images | Getty ImagesActivist investor Starboard Value has moved to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall...

Read more...

Top 10 people most likely to reach trillionaire status

Combination showing Elon Musk (L), Gautam Adani (C), and Jensen Huang (R)ReutersA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.On Sept. 29, 1916, newspapers across the country...

Read more...

Boeing Starliner set to leave ISS empty, months later than planned

Boeing spacecraft Starliner is seen from the window of SpaceX's Dragon capsule "Endeavour" on July 3, 2024, while docked with the International Space Station during the crew flight test.NASABoeing's Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to...

Read more...

INTC, NIO, SMCI and more

Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer...

Read more...

Unemployment among Black workers falls in August, bucking trend from other groups

An attendee takes information about a California State job at a City Career Fair hiring event in Sacramento, California, US, on Wednesday, June 5, 2024. David Paul Morris | Bloomberg | Getty ImagesThe unemployment rate for Black Americans fell in August, according to data released Friday by the Department of...

Read more...