World Wrestling Entertainment Inc. Chairman Vince McMahon appears in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada.Ethan Miller | Getty ImagesVince McMahon plans to sell a substantial chunk of his stake in TKO, the parent...
NEW YORK, NEW YORK - NOVEMBER 08: (L-R) Scott Greenstein, Kevin Hart, Ashley Flowers, and Kelly Clarkson speak onstage during the SiriusXM Next Generation: Industry & Press Preview at The Tisch Skylights at The Shed on November 08, 2023 in New York City. (Photo by Bryan Bedder/Getty Images for...
FanDuel parent Flutter came out swinging Thursday, insisting the online gaming platform is the market leader in sports betting in the United States after DraftKings last week boasted it had taken over the top slot."We have a billion dollars more in revenue in the U.S., so we're very clearly...
U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023. Leah Millis | ReutersDETROIT – President Joe Biden said Thursday that all autoworkers deserve contracts like the ones recently won by...
David Zaslav, CEO and president of Warner Bros. Discovery (L), and John Malone, chairman of Liberty Media, Liberty Global, and Qurate Retail Group.CNBC | ReutersWarner Bros. Discovery's next step to gain scale may be looking at distressed assets.Chief Executive David Zaslav and board member John Malone both made comments...
Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech company reported fiscal first-quarter revenue that topped expectations. Affirm posted $496.5 million in revenue, more than the $444.5 million consensus estimate, according to FactSet. Virgin Galactic Holdings — Shares...
In the early days of streaming, Netflix and Hulu promised an on-demand viewing experience with an ever-growing library of movies and TV shows, presenting an alternative to the traditional cable bundle.Today, consumers are cutting the cable cord, but also juggling streaming services, creating a fragmented and confusing experience —...
Doughnuts are sold at a Krispy Kreme store on May 05, 2021 in Chicago, Illinois. The doughnut chain reported yesterday that it plans to take the company public again.Scott Olson | Getty ImagesKrispy Kreme said Thursday it's in talks to expand its partnership with McDonald's.The two restaurant companies began...
Illustration by Elham AtaeiazarWhen Melissa Fuentes imagined the Christmas gifts she'd buy for her nine-year-old Tatiana, she figured she'd want Barbies, Bratz dolls or a scooter – the kinds of things she found under her tree growing up in the 90s. Instead, something unexpected made it to the top of...
Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice that he himself in the past deemed a conflict of interest, according to ProPublica on Thursday.The nonprofit news outlet, citing a leak of confidential IRS data, alleged the "Oracle...