Carl Icahn loses proxy fight with McDonald’s over animal welfare
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, … Read More
Tag: business
Stocks rise after Fed signals further rate hikes, Dow jumps nearly 200 points
Stocks rose on Wednesday after the minutes of the Federal Reserve’s May policy meeting showed the central bank is prepared to raise rates further than the market had anticipated. The … Read More
PepsiCo (PEP) Q4 2021 earnings
In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and … Read More
Starbucks to cover employees’ travel expenses for abortions, gender-affirming surgeries
Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Starbucks said Monday it will start covering eligible travel expenses for employees seeking … Read More
‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U.S. consumer … Read More
Kohl’s shareholders vote to keep directors despite activist pressure
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shareholders voted to reelect … Read More
Stock futures are lower after S&P 500 falls to its lowest level in more than a year
U.S. stock futures were lower on Monday night after the S&P 500 fell to its lowest level in more than a year. Dow Jones Industrial Average futures fell by 71 … Read More
SpaceX NASA Crew-3 mission splashes down, completing its 6th astronaut flight
SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s … Read More
Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal … Read More
Stocks are flat on Tuesday as investors remain on edge ahead of Fed decision
U.S. stocks were little changed on Tuesday morning as investors looked forward to a pivotal Federal Reserve meeting. The Dow Jones Industrial Average and S&P 500 were flat, while the … Read More