Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Three men were charged with fraud and other crimes in a scheme involving a company that was worth $100 million in the stock market despite having only a small-town New Jersey deli to its name, federal authorities said Monday. The men – James Patten, 63, of Winston-Salem,
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In this article WBD 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Viola Davis stars in Sony’s “The Woman King.” Sony “The Woman King” held firm at the box office during its second weekend in theaters. The Sony film is expected to generate $11.2 million in ticket sales domestically from Friday through Sunday, a 42% drop
Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment | Getty Images After shocking the corporate world last year with the news Discovery Communications would merge with WarnerMedia, incoming Warner Bros. Discovery Chief
At her bed-and-breakfast Nicole Butler hosts backyard potlucks with THC-infused food. Photo: Nicole Butler At Nicole Butler’s bed-and-breakfast, cannabis is in the candy that greets guests at check-in, the homemade shrimp and grits and other meals she serves, and the snacks she sets out for anyone who gets the munchies. “I’ve really just tried to
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles. Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the
In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp. fell this week as the company
In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included a small, yet important, part for the company and its
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters Boeing will pay $200 million and then-CEO Dennis Muilenburg will pay $1 million to settle charges over misleading investors in the
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business. But the retailer’s strained relationships
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT — General Motors will close reservations for its electric
In this article FDX WMT TGT UPS Follow your favorite stocksCREATE FREE ACCOUNT A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president
In this article DWAC The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the company planning to take Trump Media and Technology Group public, is facing investor concerns about a potential failed merger with former President Donald Trump’s company.
In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 to 45,000
In this article SONY Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. Theaction-packed film about an all-female regiment of warriors brought in $19 million at
In this article 8604.T-JP Rice production in India has fallen by 5.6% year on year as of September in light of below-average monsoon rainfall, which has affected harvest, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice — a move that
Source: CANELA.TV An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canela.TV, on Oct. 10. “Secretos De Villanas,” a reality series that puts some well-known telenovela actresses under one roof to reveal secrets about their lives and
British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021. John Sibley | Reuters London’s Heathrow Airport will change about 15% of its Monday flights to avoid noise during Queen Elizabeth II’s funeral. “As a mark of respect, operations to and from the airport will be subject to appropriate
In this article IPAX The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a SPAC in a deal that values the venture at about $1 billion. The merger with special purpose acquisition company
Michael Jordan’s game-worn 1998 NBA Finals ‘The Last Dance’ jersey from game 1 is on display during a press preview at Sotheby’s on September 06, 2022 in New York City. Alexi Rosenfeld | Getty Images A jersey worn by basketball legend Michael Jordan in the first game of the 1998 NBA Finals has sold for
In this article F Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024
In this article FDX FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.,” CEO Raj Subramaniam said in the release. “While this performance is
In this article BBBY Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close. The struggling home goods retailer released its plans last month to shutter the “lower producing” locations, representing about 20% of its namesake stores. The closures are part of a broader plan to try to stabilize
In this article F Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reuters LAS VEGAS – Ford Motor is asking its nearly 3,000 dealers to invest upward of $1
Negotiators from railroad carriers and unions met in Labor Secretary Marty Walsh’s office Wednesday as the sides tried to negotiate a deal ahead of Friday’s strike deadline. The meeting started just after 9 a.m. ET. A spokesperson for the Labor Department said talks were ongoing as of midday. “The parties are negotiating in good faith
In this article SBUX Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks hiked its long-term financial forecast on Tuesday after outlining a series of changes coming to its cafes as part of its reinvention plan.
Robert Sarver of the Phoenix Suns takes notes inside the lottery room during the 2017 NBA Draft Lottery at the New York Hilton in New York, New York. Jennifer Pottheiser | National Basketball Association | Getty Images The NBA suspended Phoenix Suns and Mercury owner Robert Sarver for one year and fined him $10 million
In this article PTON Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Co-founder and former CEO John Foley resigned from his position as executive chairman of the board
Los Angeles, CA – November 23: An air travel passenger is hugged while being picked up amid a long line of travelers awaiting rides after arriving at Los Angeles International Airport terminal 1 for the Thanksgiving holiday in Los Angeles on Tuesday, Nov. 23, 2021. Allen J. Schaben | Los Angeles Times | Getty Images
In this article 69-HK IHG-GB HLT AC-FR .SSEC MAR Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data firm Statista to produce rankings of the “Best Hotels for Business Travelers.” A
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