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MarketWatch - Business
Ackman’s Pershing Square USA says IPO is still happening, despite NYSE delay notice
The timeline for the initial public offering of billionaire investor Bill Ackman’s new investment fund Pershing Square USA appeared to get a bit hazier on Friday, according to the New York Stock Exchange — though the fund claimed it was still ...2 hr ago -
Inc. - Business
gamer strike
Negotiators were split over the regulation of generative AI in video game production.2 hr ago -
CNBC - Business
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Warner Bros. Discovery has sued the NBA in an effort to keep distributing the league's games, after it chose NBCUniversal and Amazon as new media partners.5 hr ago - NBA -
Financial Times - Business
Reeves to delay infrastructure projects to address ‘fiscal hole’
Chancellor’s problems exacerbated by recommendations that public sector workers should get pay rises that are well above inflation5 hr ago -
The New York Times - Business
Child Care Costs Challenge Women’s Gains in Work Force
Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.13 hr ago -
The Wall Street Journal - Business
Uber and Lyft Win California Ruling to Treat Drivers as Contractors
The state’s Supreme Court decision preserves the gig-economy business model.Jul. 25, 2024 - California -
Inc. - Business
Hey, JD Vance, I Don't Have Kids and I Still Care About Our Country
Complaining that 'childless cat ladies' are running the nation isn't even the worst of it.2 hr ago -
MarketWatch - Business
S&P 500’s turbulent week ends with stocks rallying after inflation report
U.S. stocks rebounded Friday after a turbulent week for the S&P 500.2 hr ago -
CNBC - Business
Short seller Andrew Left of Citron charged with fraud by prosecutors, SEC
Short seller Andrew Left is accused in the indictment with crimes related to trades in Nvidia, and with concealing his Citron Capital's relationships.9 hr ago -
The New York Times - Business
Let the Pros Play With the ‘Trump (or Harris) Trade’
Market sectors sometimes move when the political winds shift, but trading is hazardous for your financial health, our columnist says.16 hr ago - Donald Trump -
Financial Times - Business
Labour’s ‘reveal’ of £20bn hole exposes bigger problem with its fiscal straitjacket
Party must improve public services to win over voters but tax promises place tough limits on what it can do17 hr ago -
The Wall Street Journal - Business
Hermes Bucks Luxury Slowdown With Higher Sales But Flags Weakness in China
The Birkin handbag maker reported higher sales for the second quarter, with wealthy customers helping it defy a global slowdown in demand that is troubling the luxury sector, but flagged signs of weakness in China.Jul. 25, 2024 - China -
Inc. - Business
Manufacturing Problem Responsible for Faulty Wind Turbine Blade, Company Says
Parts of the blade, which measures 109 yards long, began to fall into the ocean on July 13.3 hr ago -
Financial Times - Business
Paris Olympics lift off with extravagant opening ceremony
Seine provides stage for imaginative spectacle featuring Lady Gaga, Céline Dion and a hot air balloon3 hr ago - Olympics -
CNBC - Business
What Kamala Harris' latest financial disclosure reveals about her investment portfolio
Financial experts sum up Vice President Kamala Harris' latest financial disclosure of her personal assets in one word: Boring. But that's not a bad thing.4 hr ago -
MarketWatch - Business
Why CrowdStrike is likely shielded from billions in customer losses caused by its outage
The outage is believed to have caused $5.4 billion in losses for big enterprises — but various factors help insulate the cybersecurity company.4 hr ago -
The Wall Street Journal - Business
Kroger, Albertsons Agree to Pause Merger as FTC, State Challenges Proceed
Deal between the two grocery-store operators has faced regulatory scrutiny since it was announced in October 2022.Jul. 25, 2024 -
Inc. - Business
After 5 Years, Celine Dion Just Gave a Career-Defining Performance at the Olympic Opening Ceremonies and Taught a Remarkable Lesson in Resilience
Two years after announcing she has a debilitating neurological condition, Dion put on an inspiring performance.3 hr ago -
CNBC - Business
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.4 hr ago -
MarketWatch - Business
Some of the most popular trades of 2024 are coming undone after reaching ‘stupid’ levels
The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have stopped working.5 hr ago -
Financial Times - Business
The welfare state is writing too many people off too early
Sorting out worklessness is a challenge for Labour as a study in Barnsley says most of the economically inactive do want jobs8 hr ago -
The Wall Street Journal - Business
Universal Music Sheds $13 Billion in Market Cap After Streaming Revenue Disappoints
The record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming services well below what analysts had expected.Jul. 25, 2024 -
CNBC - Business
Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website.3 hr ago -
Inc. - Business
Pharell Wants to Reinstate Olympics Arts Competition
The tradition ended in 1948, but Pharell Williams wants to see it restored by the 2028 Olympics.3 hr ago -
MarketWatch - Business
Why Charter’s stock had its best day on record after its earnings report
Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling.5 hr ago -
Financial Times - Business
The penny starts to drop on small stock machinations
Market-maker Virtu calls for reforms to tackle micro-cap manoeuvrings6 hr ago -
The New York Times - Business
China Is Closing the A.I. Gap With the United States
In recent weeks, Chinese tech companies have unveiled technologies that rival American systems — and they are already in the hands of consumers and software developers.11 hr ago - China -
The Wall Street Journal - Business
Standard General Agrees to Buy Out Bally
Hedge fund Standard General agreed to buy the balance of shares in casino chain Bally’s in a deal that values the firm at about $4.6 billion.Jul. 25, 2024 -
Inc. - Business
Educational Entrepreneurs Are Starting Schools in Random Places
Microschools can exist anywhere they can fit -- and they're not where you expect.3 hr ago -
CNBC - Business
Dexcom shares plunge more than 40% for worst day on record
Dexcom, which had its stock market debut in 2005, had its worst day ever after lowering its full-year guidance.4 hr ago -
Financial Times - Business
Tech reversal pushes US megacaps into correction territory
Double-digit falls in Nvidia, Tesla, Meta and Alphabet highlight questions on AI investment returns4 hr ago -
MarketWatch - Business
3M’s stock has its best day on record as upbeat outlook underscores fresh start
The maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook.5 hr ago -
The New York Times - Business
China Rules Solar Energy, but Its Industry at Home Is in Trouble
The solar sector shows how China conducts industrial policy: It chooses industries to dominate, floods them with loans and lets companies fight it out.Jul. 26, 2024 - China -
The Wall Street Journal - Business
Southwest Airlines Is Ditching Open Seating on Flights
Under pressure to improve profits, Southwest plans big changes for the boarding of its flights as well as fliers who want premium seating.Jul. 25, 2024 - Travel -
Inc. - Business
Boar's Head Deli Meats Recalled Amid Listeria Outbreak Investigation
Liverwurst from Boar's Head Provisions Co. may be contaminated with listeria bacteria and has been recalled.4 hr ago -
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MarketWatch - Business
Why Zelle scams worry lawmakers so much — and how they could hurt you
Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say.5 hr ago -
Financial Times - Business
Macquarie takes full ownership of Britain’s gas network
World’s biggest infrastructure investor buys remaining stake in National Gas11 hr ago - United Kingdom -
The Wall Street Journal - Business
How Kay Jewelers and Zales Are Trying to Convince You to Buy More Jewelry Online
The company is using data analytics and AI to tailor marketing messages to potential buyers at just the right time.Jul. 25, 2024 -
The New York Times - Business
Stock Market Rotation Leads to Small Cap Rally
Shifting views on the economy have led to a “rotation” in the stock market. Small stocks and companies geared toward the economic cycle are rising. Big Tech is lagging.Jul. 25, 2024