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In this article GME Follow your favorite stocksCREATE FREE ACCOUNT GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive, chairman and president effective immediately — and he won’t be collecting a salary. Shares of the company jumped more than 6% in premarket trading following

An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX The Pentagon has awarded Elon Musk’s SpaceX its first confirmed contract for the Starshield network it’s developing, a military-specific version of the company’s Starlink satellite internet system, the defense agency said Wednesday. A Space Force spokesperson confirmed that SpaceX

In this article LULU PTON Follow your favorite stocksCREATE FREE ACCOUNT Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Ezra Shaw | Getty Images Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will see Peloton become the exclusive fitness content provider

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo. Over the last decade, the U.S. Latino economy has grown two and a half times faster than the non-Latino equivalent, surpassing

In this article STLAM-IT F GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — Strikes by the United Auto Workers union against General Motors, Ford Motor and Stellantis will get the presidential treatment this week in Michigan. Twice, in fact. President Joe Biden visited a picket line Tuesday at a GM parts facility in Belleville

Slamming the tentative labor deal between Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his biggest bone of contention with generative artificial intelligence. Diller, chair of IAC and Expedia, called for the law to be redefined to protect published material from capture in the knowledge bases of artificial intelligence. “Fair use

Artist’s rendering of Sierra Space’s Dream Chaser spaceplane in this undated handout obtained March 25, 2022. Sierra Space | via Reuters Sierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, raised new funds at a $5.3 billion valuation, the company announced on Tuesday. Sierra Space’s equity raise of $290 million was led by

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Bob Smith, chief executive officer of Blue Origin LLC, (L), and Dave Limp, senior vice president of devices and services for Amazon.com Inc. Getty Images Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is

In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT A worker holds a bottle of Merck & Co.’s molnupiravir antiviral medication in a warehouse in Shoham, Israel, on Jan. 18, 2022. Bloomberg | Bloomberg | Getty Images A new study released Monday said Merck‘s widely used antiviral Covid pill can cause mutations in the

In this article DIS PARA CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the Writers Guild of America and supporters march towards La Brea Tar Pits, Los Angeles, CA.  Irfan Khan | Los Angeles Times | Getty Images Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers Guild

Writers and producers are near an agreement to end the Writers Guild of America strike after meeting face-to-face on Wednesday, people close to the negotiations told CNBC’s David Faber on Wednesday. The two sides met and hope to finalize a deal Thursday, the sources said. While optimistic, the people told Faber, however, that if a

A “For Sale” sign is displayed in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Sales of previously owned homes fell 0.7% in August from July to a seasonally adjusted, annualized rate of 4.04 million units, according to the National Association of Realtors. Sales were

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said Thursday. The move will be official in November. Murdoch, 92, will be appointed chairman emeritus of each company. Lachlan Murdoch, one of his sons, will

In this article EDR WWE CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Shinsuke Nakamura and Karrion Kross wrestle during the WWE SmackDown at Coliseo de Puerto Rico José Miguel Agrelot on May 5, 2023, in San Juan, Puerto Rico. Gladys Vega | Getty Images Sport | Getty Images WWE’s “Friday Night SmackDown” will return to

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon‘s Prime Video. The company announced Friday that its streaming service — a part of Prime subscriptions that cost $14.99 a month — will now have limited ads in its TV series and movies.

In this article F GM STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of the union’s members as they strike the Big Three automakers, Detroit, Michigan, Sept. 15, 2023. Bill Pugliano | Getty Images DETROIT — Major

In this article STLA STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s golden arches logo is seen at a franchise restaurant owned by Rippon Family Restaurants. Paul Weaver | Lightrocket | Getty Images McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from

Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023.  Evelyn Hockstein | Reuters Saudi Crown Prince Mohammed bin Salman embraced accusations of “sportswashing” to rehabilitate the country’s image, as the kingdom beefs up

In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Supporter Ryan Sullivan, and United Auto Workers members Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr. and Stephen Brown picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — With a deadline for