The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads….
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, eToro introduces staking for U.S. customers, who can now earn rewards for crypto assets, including Cardano’s ADA token, ether, and Solana’s SOL token. Plus, the Blockchain Association sends a letter to lawmakers reaffirming the support…
Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion…
CNBC’s Jim Cramer on Monday questioned the merits of the leadership shakeup at railroad operator CSX , amid speculation that further industry consolidation could be on the way. Joe Hinrichs is out as chief executive of CSX after three years on the job, the company announced Monday. His replacement is 70-year-old Steve Angel, who ran…
US businesswoman Charlie Javice (L), founder of Frank, arrives for her sentencing hearing at federal court in Manhattan on Sept. 29, 2025, in New York City. Timothy A. Clary | AFP | Getty Images Charlie Javice, founder of a startup acquired by JPMorgan Chase in 2021 for $175 million, is facing sentencing Monday for defrauding the bank by overstating…
A stop sign is seen at a security checkpoint at the US Capitol in Washington, DC on March 24, 2019. Andrew Caballero-reynolds | Afp | Getty Images Prediction markets are pricing in about a 70% chance that the federal government will shut down on Wednesday, reflecting growing skepticism that lawmakers will strike a last-minute deal to keep…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Anthropic on Monday announced its latest artificial intelligence model: Claude Sonnet 4.5. The model is better at coding, using computers and meeting practical business needs, and it excels in specialized fields like…
Markets have largely shrugged off previous government shutdowns, but this time could prove different if it shows U.S. government ineptitude has fallen to a new low. That could cause rating agencies to reexamine the high, but fragile condition of U.S. credit worthiness. On Monday the Labor Department said it’s preparing a contingency plan for what…
The recently announced partnership between Hertz and Amazon Autos will make it easier for rental car companies to offload their own cars directly to consumers, but it could cut into a historical source of profit for car dealerships, auto industry analysts said. The announcement that the car rental company would be teaming up with the…
With its new coffee shop, Coach wants to drive more frequent trips to its stores and solidify its gains with Gen Z shoppers. One of its menu items is a Tabby Cake, a cake pop-inspired dessert that’s in the shape of Coach’s Tabby purse. Courtesy: Coach At Coach’s new shops, the latest purse is made…
