Business

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The worldwide leader in sports still has some juice. ESPN operating income surged 16% from a year ago to $987 million in Disney‘s fiscal fourth quarter — the first time Disney has ever broken out the sports division’s finances. Revenue in the segment grew 1%

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT David Zaslav, President & CEO of Discovery Inc. Anjali Sundaram | CNBC Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Here’s what the company reported for the quarter ended Sept.

In this article WBD NFLX CMCSA PARA DIS Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK, NEW YORK – OCTOBER 31: Rebecca Damon joins SAG-AFTRA members on strike during Halloween on October 31, 2023 in New York City. The strike, which began on July 14, entered its 100th day on October 21st as the actors’

In this article PLNT Follow your favorite stocksCREATE FREE ACCOUNT A person works out at Planet Fitness as they re-open at 25 percent capacity in Boston’s Dorchester on Feb. 1, 2021. Jessica Rinaldi | Boston Globe | Getty Images Planet Fitness shares surged double digits after beating expectations on both lines for the third quarter

In this article NES.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Wonder Group has bought rights to make dishes from popular restaurants and celebrity chefs, such as Bobby Flay and José Andrés. It’s also developed high-tech kitchen equipment to speed up and simplify cooking. Wonder Group Food-delivery company Wonder Group has gotten a cash infusion from

In this article STLA STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT 2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Automaker Stellantis plans to produce an industry-first electric pickup truck called the Ram 1500 Ramcharger that’s equipped with an electric generator and a gas engine. If that sounds like an oxymoron, here’s how it works: The

A worker organizes cans of PepsiCo Inc. soda on a shelf inside a grocery store in Phoenix, Arizona, U.S., on Thursday, July 6, 2017. PepsiCo Inc. is scheduled to release earnings figures on July 11. Photographer: Caitlin O’Hara/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images If you listen to third-quarter corporate earnings calls,

Overstock.com CEO Jonathan Johnson, June 29, 2023. Scott Mlyn | CNBC The new Bed Bath & Beyond announced Monday its CEO Jonathan Johnson is immediately stepping down from his position in a sudden and surprising move.  Johnson had been Overstock’s chief executive since 2019. He led the company through its acquisition of Bed Bath &

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Patrick T. Fallon | AFP | Getty Images Paramount stock jumped about 10% Friday morning, a

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Jim Caviezel stars in Angel Studio’s “Sound of Freedom.” Angel Studios Amazon Prime Video has secured the rights to one of the hottest box office releases of 2023: Angel Studios’ “Sound of Freedom.” The Jim Caviezel-led thriller snared more than $180 million at the domestic

In this article LGF.A Follow your favorite stocksCREATE FREE ACCOUNT Starz CEO Jeffrey Hirsch Source: Starz Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the

In this article AMC AAPL Follow your favorite stocksCREATE FREE ACCOUNT Taylor Swift performs onstage during her The Eras Tour concert at Lumen Field in Seattle, Washington, on July 22, 2023. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Taylor Swift is seeking to smash more box office records as her Eras Tour concert

Customers shop at a Walmart store on May 18, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Shares of Walmart touched an all-time high Friday, as investors bet that the discounter will outmatch retail rivals and draw shoppers throughout the holiday season because of its reputation for value. The big-box retailer’s stock hit a

In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Struggling space company Astra disclosed in a securities filing late Friday that it defaulted on a recent debt agreement and may not be able to raise

In this article TM TSLA Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago.  John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain

DraftKings, a fantasy sports website Getty Images The growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already crowded race for consumers’ dollars is about to get more competitive. DraftKings, which reported quarterly results that beat Wall Street’s estimates on Thursday, has emerged as

In this article QSR-CA QSR Follow your favorite stocksCREATE FREE ACCOUNT Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway and Papa John’s often operate via franchise agreements there. Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia,

In this article STLAM-IT STLA Follow your favorite stocksCREATE FREE ACCOUNT Randy Harvard (right), an autoworker of 29 years, stands with other United Auto Workers members after the union called a strike Oct. 23, 2023 at Stellantis’ Ram 1500 plant in Sterling Heights, Mich. Michael Wayland / CNBC DETROIT — The United Auto Workers union

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, February 16, 2022. Carlo Allegri | Reuters Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, involving accelerating its global footprint

In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Moderna on Thursday posted a steep loss for the third quarter as it recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product, and unveiled plans to scale back production of the shot.  Moderna’s total revenue for the period