Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024.CNBCA 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.Sales of ultra-luxury...
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024.Sefa Karacan | Anadolu | Getty ImagesTurkey's request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian...
David Solomon, CEO of Goldman Sachs, during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Aug. 6, 2024.Jeenah Moon | Bloomberg | Getty ImagesGoldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to...
Millions of DirecTV customers will likely be unable to watch the NFL's opening "Monday Night Football" game on ESPN as the company has yet to reach a deal with network parent Disney as of Monday evening.Disney's TV networks went dark on Sept. 1 for DirecTV's customers amid a carriage...
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares rose 8% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall...
Check out the companies making headlines in midday trading. Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is...
A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a court-supervised process, according to people familiar with the...
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down as chair of Wendy's, ending a 17-year reign at the fast-food chain.Wendy's said Friday that the change is effective immediately.Peltz's exit comes as low-income consumers eat...
Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral....
Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12, 2022 in Rome, Italy.Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion euros ($884 billion) in additional financing per year to meet...