Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any…
Despite Starbucks CEO Brian Niccol’s efforts to revitalize the coffee brand through the “Back to Starbucks” initiative , structural challenges continue to erode its performance. Once touted as a primary growth driver, China, its second-largest market, grew nominally by only 5% year over year in U.S. dollar terms. However, adjusting for a strengthening yuan and…
Check out the companies making the biggest moves in midday trading: Dominion Energy — The energy company’s shares fell nearly 5% after the Trump administration halted five East Coast wind projects, including Dominion Energy’s Coastal Virginia Offshore Wind, the largest project of its kind in the U.S. Maplebear — The Instacart parent’s stock fell more…
Alphabet can no longer be ignored. It is going back into our Bullpen list of stocks to watch after our unfortunate exit from the Google parent back in March. We got out of the name due to concerns that Google’s Gemini was not advancing quickly enough to compete with OpenAI’s ChatGPT, and because the Justice…
Senate Minority Leader Charles Schumer, D-N.Y., speaks during a news conference on a new “Democratic initiative to lower costs,” in the U.S. Capitol on Wednesday, December 17, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Senate Minority Leader Chuck Schumer will force the Senate to vote on suing the Department of Justice for the…
NEW YORK — Flashback to February. It’s the 2025 Grammys, and Beyoncé has made history. Not only was she finally awarded the top prize of album of the year, but she also became the first Black woman to win best country album, for “Cowboy Carter.” Recent changes by the Recording Academy have made it even…
UConn, Texas, South Carolina and UCLA all cruised to easy victories to remain atop The Associated Press Top 25 women’s basketball poll released Monday. The Huskies routed then-No. 11 Iowa in the Women’s Champions Classic on Saturday to stay unbeaten and hold on to No. 1 spot in the Top 25. UConn received 25 first-place…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks were higher to start the holiday-shortened trading week, with dealmaking grabbing headlines. Jim Cramer highlighted asset manager Janus Henderson ‘s agreement to be acquired by General Catalyst and…
A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership on November 11, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Mercedes-Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German…
LONDON — Chris Rea, the singer and songwriter best known for the hit “Driving Home for Christmas,” has died at 74, his family said Monday. Rea died in the hospital following a short illness, according to a statement from his family to Britain’s Press Association news agency. Rea found fame in the 1980s in Britain…
