It will take more than the moon blocking out the face of the sun for Emily Gegg and Amanda Schwent to charge more for moonsicles. The best friends and co-owners of Luna’s Shaved Ice have stockpiled 25,000 of their frozen fruit pops to sell for $3 apiece to visitors descending on Perryville, Missouri, to watch Monday’s total solar eclipse. “We ...
The women’s Final Four this weekend is set to smash viewership records as star players and greater TV coverage drive more fans than ever to the sport. It kicks off this evening with No. 1 seed South Carolina facing off against No. 3 seed N.C. State at 7 p.m., followed by No. 1 seed Iowa competing against No. 3 seed ...
The U.S. economy added 303,000 jobs in March, blowing past expectations and indicating that economic growth remains on a firm footing. The reading matches the largest one-month boost in payrolls since May 2023 and is a significant increase from the 270,000 added in February and the 256,000 in January. Economists had forecast that about 200,000 jobs would be added for ...
You need a lot of cash — and guts — to short Trump Media stock right now. Trump Media, which began being publicly traded last week, is now far and away the most expensive U.S. stock to sell short, according to S3 Partners, a leading financial data marketplace platform. But plenty of people are still willing to pay those steep costs, based on their belief that Trump ...
Ford Motor is delaying production of a new all-electric three row SUV, as it shifts to offer hybrid options across its entire North American lineup by 2030. The Detroit automaker on Thursday said it will continue to invest in EVs, but it is postponing production of the large SUV at a plant in Canada from 2025 to 2027 to allow for the market ...
A new bill is aiming to give Californians more work-life balance by restricting when employers can contact them during off hours. So-called “right to disconnect” laws have already made headlines overseas. If passed, California would be the first state in the U.S. to try it. Under the bill proposed by San Francisco Assemblymember Matt Haney, California companies would have to ...
Disney CEO Bob Iger said his company is not interested in sending messages in its movies and TV shows. In an interview with CNBC on Thursday morning, Iger said Disney’s No. 1 mission is to capture broad — if increasingly diverse — audiences. ‘Infusing messaging is not what we’re up to,’ he said. ‘We need to be entertaining.’ Iger was ...
Providing Donald Trump’s $175 million appeal bond when other insurers wouldn’t is business as usual for California financier Don Hankey. As chairman of the Los Angeles-based Hankey Group of Companies, which includes an insurer, a subprime auto lender and a commercial real estate investment firm, Hankey has amassed a fortune lending to borrowers other financial firms shun. Hankey’s assistance to ...
Disney CEO Bob Iger on Wednesday fended off an aggressive challenge by activist investors seeking to take the company in a new direction, averting what would have been a stunning embarrassment for one of Hollywood’s leading executives. The entertainment conglomerate’s corporate leadership was facing a bold attack from billionaire activist investor Nelson Peltz, who loudly pushed the company to come ...
Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump’s media business public. Michael Shvartsman, 53, head of Miami-based venture capital firm Rocket One Capital, and his brother Gerald Shvartsman, 46, each pleaded guilty to one count of securities fraud before U.S. District Judge Lewis Liman in Manhattan. Rocket One’s ...