Authentic Brands raises $3 billion, pushes back IPO
The company behind brands such as Brooks Brothers, Eddie Bauer, and Sports Illustrated magazine plans to delay its initial public offering after getting a...
Treasury yields rise as focus remains on Fed Chair decision
On Monday, existing home sales data for October is set to be released at 10 a.m. ET.
Auctions are scheduled to be held for $57...
Ex-Credit Suisse Bankers Say It Still Aids Hidden Accounts
Former Credit Suisse Group AG bankers have told criminal investigators that the bank is still helping U.S. clients hide accounts from the Internal Revenue...
KKR buyout offer sends Telecom Italia shares surging 22%
Telecom Italia shares jumped more than 22% on Monday morning after U.S. private equity giant KKR launched a 10.8 billion euro ($12 billion) buyout...
Options trading is poised to overtake the stock market
Fueled by a cocktail of slick trading apps and social-media hype, retail trading has soared since competition between brokerages squashed commissions in 2019.
Stocks were the focus...
Authentic Brands Group shelves IPO, to sell $12.7 billion stake to private investors
Retail conglomerate Authentic Brands Group plans to shelve a planned initial public offering and instead sell significant equity stakes in its business to private...
It Is Shortsighted To Sell Disney Stock Now
For CNBC’s Jim Cramer, investors are buying high and selling low by focusing on Disney’s short-term woes rather than on the company’s long-term potential.
The...
House moves toward OK of Dems’ sweeping social, climate bill
Democrats brushed aside monthslong divisions and approached House passage of their expansive social and environment bill Friday, as President Joe Biden and his party...
Democrats delay vote on Build Back Better bill after GOP leader stalls with hourslong...
House Democrats postponed a much-anticipated vote on President Joe Biden's social safety net and climate package early Friday morning after Minority Leader Kevin McCarthy...
SEC proposes changes to increase securities lending disclosure
The Securities and Exchange Commission has proposed rule changes designed to increase transparency of securities lending and borrowing transactions.
Under proposed Exchange Act Rule 10c-1,...
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Ultra-processed products are food that lies to us
At Sweet Thursday, purist Italian chefs work their fresh sourdough bases in an open kitchen (rumour has it they are so purist in this...
Orion Nebula Captured In Stunning New James Webb Telescope Photos
Researchers with the PDRs4All program, consisting of members from several universities including Western University in the U.S., released new research this week on the...
Eating a Plant-Based Diet Can Lower Your Risk of Cancer and Heart Disease
A new scientific literature review has found that vegetarian and vegan diets help improve cardiometabolic risk factors, such as elevated lipids, blood sugar, body...