Paramount to sell Simon & Schuster to KKR for $1.62 billion; media giant’s earnings top estimates
The publishing offices of Simon and Schuster in New York.Amy T. Zielinski | Newscast | Universal Images Group | Getty ...
Tag: Breaking News: Business
Space company Redwire trims quarterly losses, builds order backlog past $270 million
A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021.Source: NYSESpace infrastructure company Redwire said ...
Berkshire shares hit all-time high as investors cheer strong earnings, Buffett’s near-record cash pile
Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesBerkshire Hathaway shares rallied to a record high Monday following ...
‘Barbie’ is less than $100 million away from a billion-dollar box office heading into third weekend
A scene from the "Barbie" movie.Courtesy: Warner Bros."Barbie" is less than $100 million away from topping $1 billion at the ...
No more freebies: Companies crack down on customer perks and rewards
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty ...
Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCBerkshire ...
Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and ...
Carl Icahn’s company stock drops 30% after IEP slashes quarterly dividend in half
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016.Heidi Gutman | CNBCShares of ...
Hasbro sells off costly production studio, taking a page from Mattel’s playbook
A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022.Tiffany Hagler-Geard | Bloomberg | Getty ImagesFour ...
Warner Bros. Discovery loses subscribers after Max launch, but makes headway on debt paydown
Kevin Mazur | Getty Images Entertainment | Getty ImagesWarner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street ...
