Category: Business
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Woman who stole and sold Ashley Biden diary sentenced to month in jail and home detention
Ashley Biden speaks alongside her father US President Joe Biden during a Juneteenth concert on the South Lawn of the White House in Washington, DC, US, on Tuesday, June 13, 2023. Samuel Corum | Bloomberg | Getty Images A Florida woman who stole and then sold a diary and other items belonging to Ashley Biden…
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Boeing’s quarterly airplane deliveries drop to 83 amid safety crisis
Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington. Stephen Brashear | Getty Images Boeing airplane deliveries dropped in the first quarter to the lowest number since mid-2021 as the company faces increased scrutiny after a door plug blew out from one of its 737 Max 9 planes midair…
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Popular YouTube channel Dude Perfect scores more than $100 million investment
Popular YouTube group Dude Perfect, which first rose to popularity for its basketball trick shots, has secured a significant nine-figure investment, in the range of $100 million to $300 million, from private investment firm Highmount Capital. The investment will support Dude Perfect’s exploration of new strategic opportunities and expansion beyond the creator economy. “We’re really…
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Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust
Gold was concealed as air compressor parts Source: Hong Kong Customs and Excise Department In Hong Kong’s largest gold smuggling bust, the city authorities seized an estimated $10.7 million worth of the precious metal that had been concealed as machine parts being shipped to Japan. According to a government statement on Monday, 146 kg of gold had…
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Tesla settles lawsuit over Autopilot crash that killed Apple engineer
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot…
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Trump Media payday: What Truth Social executives got paid in stock and compensation
The merger that led to Trump Media shares becoming publicly traded is also paying off for top executives and other insiders at the company, which owns the Truth Social app regularly used by former President Donald Trump. Corporate filings from Trump Media — which reported a net loss of $58 million last year on revenue…
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We’re buying more of this cyber stock as we wait for it to leave the penalty box
We are buying 25 shares of Palo Alto Networks at roughly $266.16. Following the trade, Jim Cramer’s Charitable Trust will own 300 shares of PANW, increasing its weighting to 2.5% from 2.28%. The stock of this cybersecurity leader is down about 10% from our last buy in February, and we view this as a solid…
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Jim Cramer blasts a ‘sell’ call on a top-performing stock in a sweet spot of the AI wave
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. U.S. stocks were higher Monday as Wall Street tried to recover from last week’s pullback. Recently, investor concerns about the Federal Reserve’s next policy move have weighed on the market.…
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Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced…
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Stock futures rise slightly in overnight trading following the market’s losing week: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose slightly in overnight trading Sunday after the market suffered a down week as 2024’s rally took a breather. Futures on the Dow Jones Industrial Average climbed 55 points. S&P 500 futures and Nasdaq 100 futures both…