Comcast SpinCo chooses corporate name Versant
From CNBC: 2025-05-06 15:09:00 Comcast has chosen the name Versant for the spinoff of its NBCUniversal cable network portfolio. Versant
Category: Business
Marriott’s Declining US Government Demand Leading to ‘Softer’ Growth
From Yahoo Finance: 2025-05-06 14:47:00 Marriott International CFO Leeny Oberg expects a “continuation of declines” in U.S. government bookings, leading
Stressed US companies restructured more debt in April
From Yahoo Finance: 2025-05-06 14:36:00 Debt restructuring by financially stressed U.S. companies surged nearly 60% in April, reaching $3.5 billion
Why This Nvidia-Backed Robotaxi Stock Is Skyrocketing Today
From Yahoo Finance: 2025-05-06 14:19:00 WeRide is expanding its partnership with Uber, introducing robotaxi technology to 15 more cities globally.
Why You Should Job Hunt Even If You’re Employed, According to Ramit Sethi
From Yahoo Finance: 2025-05-06 14:00:00 Ramit Sethi advises actively employed individuals to continue interviewing for jobs to ensure fair pay.
US debt on ‘unsustainable’ path, admits Scott Bessent
From Yahoo Finance: 2025-05-06 13:38:00 Stock markets are up after Treasury Secretary Scott Bessent hinted at trade agreements. Chief market
Is Elon Musk Still the Richest Person Alive In 2025?
From Yahoo Finance: 2025-05-06 13:20:00 President Donald Trump’s tariff plans caused the stock market to drop by 11%, resulting in
Analyst Report: Exxon Mobil Corp.
From Yahoo Finance: 2025-05-06 13:12:00 Exxon Mobil Corp. reported a revenue of $59.15 billion in the fourth quarter of 2021,
Will tariffs push Rivian deeper into the red?
From Yahoo Finance: 2025-05-06 13:06:00 Rivian (RIVN) is set to report Q1 earnings, with an expected revenue drop to $981.21
Are Rite Aid stores closing? What about your prescriptions? Details on bankruptcy filing
From Yahoo Finance: 2025-05-06 12:50:00 Rite Aid has initiated Chapter 11 bankruptcy proceedings, citing financial challenges exacerbated by evolving retail
Intel shareholders approve equity incentive plan, new CEO pay
From Yahoo Finance: 2025-05-06 12:46:00 Intel shareholders approved a measure to increase share reserves for employee retention and CEO compensation.
DHL acquires US e-commerce logistics business IDS Fulfillment
From Yahoo Finance: 2025-05-06 12:45:00 DHL Supply Chain acquires IDS Fulfillment to enhance e-commerce services in the U.S. The deal
Federal firings, economic uncertainty stain REIT outlooks
From Yahoo Finance: 2025-05-06 12:44:00 Apartment REIT leaders share insights on how tariffs and economic uncertainty could impact business, noting
Merz and Markets: What the Chancellor Vote Means…
From Morningstar: 2025-05-06 12:35:00 German stock and bond markets were volatile as Friedrich Merz failed to secure a majority in
Toy manufacturing won’t come to U.S., but price hikes will
From CNBC: 2025-05-06 12:30:00 President Donald Trump’s 145% tariffs on China aim to bring manufacturing back to the U.S., but
Charles Schwab Alumnus Owns AMD, NVDA Stock
From Yahoo Finance: 2025-05-06 12:30:00 Lee Munson, a former Charles Schwab employee, owns Nvidia and AMD stock, bullish on GOOG
Skechers to go private following $9.4B deal with 3G Capital
From Yahoo Finance: 2025-05-06 12:29:00 Private equity firm 3G Capital acquired Skechers in a multibillion-dollar transaction, agreed upon by both
American Small Business Owners Face Closures, Price Hikes, And Losses
From Yahoo Finance: 2025-05-06 12:22:00 President Trump’s new tariffs have sparked fears of a global recession, with JPMorgan raising odds
Dow, S&P 500, Nasdaq slide ahead of Fed decision as tariff fears reemerge
From Yahoo Finance: 2025-05-06 12:18:00 Treasury Secretary Scott Bessent announced potential new trade deals with major partners this week, with
US SEC ends inquiry into Morgan Stanley’s cash sweep program with no enforcement action
From Yahoo Finance: 2025-05-06 12:15:00 The U.S. SEC has closed its investigation into Morgan Stanley’s cash sweep program for advisory
Comcast’s Xfinity Mobile gets Philadelphia arena naming rights
From CNBC: 2025-05-06 12:00:00 The Wells Fargo Center in Philadelphia will be renamed the Xfinity Mobile Arena starting in September.
Providers upset by UnitedHealth’s move to end cyberattack loan, NYT reports
From Yahoo Finance: 2025-05-06 11:56:00 UnitedHealth (UNH) provided $9B in loans to medical practices impacted by a cyberattack on its
OpenAI’s for-profit U-turn apparently isn’t enough for Elon Musk
From Yahoo Finance: 2025-05-06 11:48:00 Elon Musk is not pleased with OpenAI’s decision to keep its nonprofit in control amid
SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago
From Yahoo Finance: 2025-05-06 11:41:00 SLB and Subsea 7 secure EPCI contract from bp for Ginger project offshore Trinidad and
Saia, others buying 10 Yellow Corp. terminals
From Yahoo Finance: 2025-05-06 11:37:00 Yellow Corp. is selling 10 defunct terminals valued at $20.7 million in a bankruptcy sale.