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Finance
British billionaire Joe Lewis pleads guilty to insider trading, securities fraud
British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City,…
Stocks making the biggest moves midday: Netflix, ASML, AT&T, Advanced Micro Devices and more
Check out the companies making headlines in midday trading. Netflix – The streaming stock popped nearly 13% after topping fourth-quarter revenue estimates and posting strong…
The portfolio’s 6 best-performing stocks since the December Monthly Meeting
U.S. stocks were up Wednesday morning ahead of the Club's first Monthly Meeting of 2024, as investors parsed a slew of earnings and weighed the impact of the Federal Reserve's…
Saudi Arabia opens its first-ever alcohol store — but it’s only accessible to a select group
Spirits on display in a UK bar in Cardiff, United Kingdom.Matthew Horwood | Getty Images News | Getty ImagesSaudi Arabia has opened its first alcohol store in the diplomatic…
Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads
Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark.April L. Brown | APTyson Foods will become one of the first Fortune 100 companies to stop using the nation's…
Stocks making the biggest moves premarket: Netflix, AT&T, Tesla, EBay, AMD and more
Check out the companies making headlines before the bell. Netflix — Netflix's stock price jumped 9.2% after topping analysts' revenue and subscriber growth expectations during the…
Homebuyer demand pushes mortgage applications higher, even as interest rates inch up again
An "Open House" flag is seen in front of a home for sale in Alhambra, California on January 18, 2024. Frederic J. Brown | AFP | Getty ImagesMortgage rates rose slightly last week,…
German regulator urges banks to set aside bumper profits for bad news on the horizon
The headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt, Germany.FRANK RUMPENHORST | DPA | Getty ImagesBanks should be setting aside recent bumper profits…
Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange
Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in…
Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including…