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Categories Business

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Author November 13, 2024

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. It’s a combination that’s paid

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Categories Business

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

Author November 13, 2024

Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its

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Categories Business

‘Trump trade’ returns for second week as bitcoin, Tesla, stocks surge

Author November 12, 2024

Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald

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Categories Business

Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump

Author November 9, 2024

Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth

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Categories Business

Wall Street expects Trump presidency will unlock deal-making

Author November 8, 2024

Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in

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Categories Business

Nvidia passes Apple as world’s most valuable company

Author November 7, 2024

Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly traded company in the world. Nvidia rose nearly 3%

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Categories Business

Tesla, Bitcoin and Truth Social boom in election aftermath

Author November 7, 2024

The value of assets tied to Donald Trump — and those likely to benefit under his administration — surged in the wake

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Categories Business

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

Author November 6, 2024

Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than

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Categories Business

Home Depot co-founder Bernie Marcus dies

Author November 6, 2024

Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.

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Categories Business

Amazon gets FAA approval for new delivery drone as it begins tests in Arizona

Author November 6, 2024

Amazon said Tuesday it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its

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