Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023.Marco Bello | Bloomberg | Getty ImagesNelson Peltz's Trian Partners has amassed a...
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California, on March 9, 2023.Getty ImagesNational Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, CNBC's David Faber reported Tuesday.National Amusements, which is...
A WeWork co-working office space in New York, US, on Tuesday, Nov. 7, 2023.Yuki Iwamura | Bloomberg | Getty ImagesWeWork, the shared office space company once valued at $47 billion, emerged from bankruptcy on Tuesday, and named Cushman & Wakefield...
Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington.Stephen Brashear | Getty ImagesBoeing received orders for only four new planes in May — and for the second straight month, none for its...
Cryptocurrencies slumped on Tuesday as bitcoin extended its recent slide and investors awaited the Federal Reserve's next rate decision.The price of bitcoin dropped more than 4% to $66,475, according to Coin Metrics, extending a decline that began Friday when bitcoin...
Wall Street lauded Apple after the iPhone maker debuted its long-anticipated artificial intelligence vision during its Worldwide Developers Conference Monday . Shares of the Tim Cook-led technology company briefly rose as much as 6.4% Tuesday to a record high ,...
Apple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple shares popped 5% to a new record high of around $203 per share on Tuesday,...
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors is trimming its expected sales of all-electric vehicles this year, as U.S. adoption of EVs occurs...
The Federal Reserve policy announcement isn't the only major piece of news expected Wednesday. Investors will also get the May consumer price index report, the latest look into the state of U.S. inflation. Economists polled by Dow Jones expect CPI...
D.A. Davidson thinks the artificial intelligence plans Apple unveiled on Monday will lead to a new era for the iPhone and open up possibilities for the tech company as it asserts itself in the AI race. Analyst Gil Luria upgraded...
