There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los Angeles Chargers rank 26th at a value of $5.83 billion. While ...
A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for bankruptcy protection in May. Red Lobster had struggled with increased competition, ...
WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed to NBC News. The storied American firm announced in December ...
After Nvidia (NVDA) dropped after earnings this week, investors are once again reminded of the importance of the semiconductor space. I think of semis as a “bellwether” group, as strength in the VanEck Vectors Semiconductor ETF (SMH) usually means the broader ...
In this video from StockCharts TV, Julius evaluates the completed monthly charts for August, noting the strength of defensive sectors. He then analyzes a monthly RRG and seeks alignment for the observations from the price charts. Could “sideways” be the ...
In early 2024, MicroStrategy (MSTR) became a meme stock favorite thanks to its close ties to Bitcoin. If you rode the hype to its peak in March, hopefully you cashed out before hedge funds began shorting it heavily and going ...
Liz Cheney, a former congresswoman from Wyoming broke with the Republican Party on Wednesday to say she plans to vote for Democratic nominee Kamala Harris in November. “As a conservative, as someone who believes in and cares about the Constitution, ...
For much of the 2024 election, concerns about President Joe Biden’s age and job performance helped paper over the real and long-standing concerns Americans have had about Donald Trump’s character, chaotic style and authoritarian tendencies. A slew of polls actually ...
Jury selection is set to begin Thursday in Los Angeles for the second criminal trial of President Joe Biden’s son Hunter — a case that over the next few weeks could detail for a jury his lavish lifestyle while he ...
The top U.S. diplomat planned to visit the struggling nation of Haiti on Thursday, in an unusual attempt to boost the country’s interim leader and deliver a message of support for a U.S.-backed international policing mission that has so far ...