The big-spending Saudi Pro League is aiming to build its global broadcasting presence and become one of the top 10 soccer leagues in the world, its chief operating officer, Carlo Nohra, told CNBC on Thursday.The league dominated the sports headlines over the summer as Saudi clubs cumulatively spent more...
A CarMax dealership on April 11, 2023 in Santa Rosa, California.Justin Sullivan | Getty ImagesCheck out the companies making headlines before the bell.Micron — The chipmaker's shares fell 3.4% Thursday before the bell on the back of a weaker-than-expected earnings forecast. Micron estimates a fiscal first-quarter loss of $1.07...
Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA.NurPhoto / ContributorDelta Air Lines CEO Ed Bastian said the airline will make "modifications" in the next few weeks to its loyalty program after a recently...
GameStop Chairman Ryan Cohen.Source: CNBCGameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer's chief executive.Shares of the company jumped nearly 10% in premarket trading following the announcement. GameStop was part of the meme stock craze of 2020 and 2021.GameStop said...
An uncaptioned image posted on the company's website appears to show Starshield technology in orbit.SpaceXThe Pentagon has awarded Elon Musk's SpaceX its first confirmed contract for the Starshield network it's developing, a military-specific version of the company's Starlink satellite internet system, the defense agency said Wednesday.A Space Force spokesperson...
In this photo illustration, Farxiga is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesAstraZeneca, Bristol Myers Squibb and Boehringer Ingelheim on Wednesday told CNBC they will agree to participate in the first round of Medicare drug...
The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster's engine failed.Blue OriginThe Federal Aviation Administration closed its investigation into last year's failed flight of a cargo mission by Jeff Bezos' Blue Origin, the regulator announced Wednesday.Blue Origin is required by the FAA...
The Micron Technology Inc. offices in Shanghai on April 6, 2023.Qilai Shen | Bloomberg | Getty ImagesCheck out the companies making headlines in extended trading.Micron Technology — The chip stock slid 4% in extended trading after Micron offered weaker-than-expected earnings guidance for the current quarter. Micron said to expect...
Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California.Ezra Shaw | Getty ImagesPeloton shares spiked Wednesday after the company announced a five-year partnership to develop digital fitness content for Lululemon. As part of the agreement, Lululemon will become Peloton's primary athletic apparel provider....
Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the "Big Three" autoworkers currently on strike. Patrick T. Fallon | AFP | Getty ImagesDETROIT...