Check out the companies making headlines in midday trading. EchoStar — EchoStar announced a corporate reorganization one week after closing its merger with Dish Network, including retaining Houlihan Lokey as financial advisor to help evaluate "potential strategic alternatives" that The Hollywood Reporter said signaled a possible future deal for...
Screenshot of the TheMessenger website.Source: TheMessengerThe Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year.The company is attempting to stop the cash burn that has put it in jeopardy.CNBC...
A woman holds the hand of her daughter while motioning to a man in front of Neiman Marcus at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesORLANDO, Fla. – As rumors swirl over whether Saks Fifth Avenue will acquire...
LeBron James signs with Fanatics Collectibles in a trading card deal, leaving Upper Deck after 20 years.Courtesy: FanaticsLeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck.Fanatics will kick off the deal by selling a unique Bowman brand card...
Picture Alliance | Picture Alliance | Getty ImagesIt's the third act of the streaming wars. That's the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood.Legacy media companies including Disney, Warner Bros. Discovery,...
Check out the companies making headlines in premarket trading. Crypto stocks – Stocks that give investors exposure to bitcoin fell in tandem with the cryptocurrency's price after the X account of the Securities and Exchange Commission was briefly compromised and posted a false announcement late Tuesday of a bitcoin...
Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers told CNBC.Estimates for the kingdom's untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5...
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park.Annabelle Chih | Getty Images News | Getty ImagesTaiwan chipmaker TSMC reported a largely flat fourth-quarter revenue on Wednesday, but that still beat both the company's and market's expectations.The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a boom in artificial intelligence applications...
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024.National Transportation Safety Board via APBoeing CEO Dave Calhoun on Tuesday said the company acknowledges "our mistake," after a door...
Honda Saloon concept electric vehicleCourtesy HondaHonda Motor revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026.The concept models are called the "Space-Hub" and "Saloon," which the first production "Honda...