Business

In this article LGF.A Liberty Media’s John Malone Michael Kovac | Getty Images Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic. The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A

In this article BBBY A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond said Wednesday that it is replacing CEO Mark Tritton as part of a leadership shakeup as the retailer’s quarterly sales and earnings sharply missed Wall Street expectations. Shares

In this article DIS Bob Chapek, Disney Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney has extended CEO Bob Chapek’s contract for three years, the company announced Tuesday. Chapek’s contract was set to expire in February next year, three years after he unexpectedly took the reins from Bob Iger. The

In this article TGT A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned, according to a company memo obtained by CNBC. The new policy will take effect in

Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers are already gearing up for the holidays. In coming weeks, companies will get early clues about how the all-important holiday shopping season will

CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong.

Former U.S. President Donald Trump applauses during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022.  Shannon Stapleton | Reuters A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a special purpose acquisition company, a deal that would give the combined

In this article MO COIN HOOD DWAC BNTX SAVE Check out the companies making headlines before the bell: Spirit Airlines (SAVE) – Spirit Airlines lost 4.7% in the premarket after saying it would accept the latest improved takeover bid from Frontier Group (ULCC). The latest Frontier cash-and-stock bid is valued at $2.7 billion based on

Nearly 60% of Americans said they were worried about hidden cameras in Airbnb homes in 2019. And 11% of vacation home renters said they had discovered a hidden camera during a stay, according to a survey by the real estate investment company IPX1031. Spy cameras are not a new problem. In South Korea, more than

Thousands take to the streets to protest in New York City. Anadolu Agency | Anadolu Agency | Getty Images The Supreme Court ruling overturning Roe v. Wade is not only splitting the country into states where abortion is legal and illegal. It is also illustrating sharp divisions between anti-abortion states on whether to allow exceptions

Swedish EV startup Polestar will supply up to 65,000 vehicles to Hertz over five years, the two companies announced on April 4, 2022. Shares of Polestar are set to debut under the ticker “PSNY” on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisition company,

Juul brand vape cartridges are pictured for sale at a shop in Atlanta, Georgia. Elijah Nouvelage | Reuters Juul asked a federal appeals court on Friday to block the Food and Drug Administration’s ban on its e-cigarettes temporarily. The request came less than a day after the health agency told the company that it had

In this article UAL Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images The union representing United Airlines pilots has approved a tentative deal that would give the aviators pay raises of more than 14%, making it the first major U.S. carrier to reach a

DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras | AP Disney, Apple and Amazon have all submitted bids to become the new broadcast rights owner of the National Football

Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series

In this article DIS Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Disney sent an internal memo to employees Friday, assuring them it will help pay for pregnancy-related care if they have to travel to a different state in lieu of the Supreme Court’s decision to overturn Roe v.

In this article MCD The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s is making changes to how it awards franchises in the hopes of attracting more diverse candidates, the latest shakeup in how the burger chain’s management oversees its franchisees. Starting in 2023,

Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Fanatics, the sports merchandising company, is in talks to acquire sports betting company Tipico, according to two people familiar with the matter. A deal hasn’t yet been reached, and the two

In this article MO Juul Labs signage is seen in the window of a store in San Francisco, June 25, 2019. David Paul Morris | Bloomberg | Getty Images The Food and Drug Administration announced Thursday that it will ban the sale of Juul e-cigarettes in the U.S. The decision is part of the agency’s

Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan | Getty Images The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning