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Category: Business

Build-A-Bear, maker of Warren Buffett’s Squishmallows face off in court
Business

Build-A-Bear, maker of Warren Buffett’s Squishmallows face off in court

By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the…

February 12, 2024February 12, 2024
Megacaps rally pushes S&P 500 to first close above 5,000 milestone
Business

Megacaps rally pushes S&P 500 to first close above 5,000 milestone

By SinĂ©ad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…

February 9, 2024February 10, 2024
NYCB shares surge after top executives disclose stake purchases
Business

NYCB shares surge after top executives disclose stake purchases

By Manya Saini and Niket Nishant (Reuters) -New York Community Bancorp’s shares closed up nearly 17% on Friday after top…

February 9, 2024February 9, 2024
Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
Business

Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources

By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia is building a new business unit focused on designing…

February 9, 2024February 9, 2024
Exclusive-Flynn Group, world’s largest franchisee, explores $5 billion-plus sale -sources
Business

Exclusive-Flynn Group, world’s largest franchisee, explores $5 billion-plus sale -sources

By Abigail Summerville (Reuters) – Flynn Group, the world’s largest franchisee operator of restaurants and fitness clubs, is exploring a…

February 8, 2024February 8, 2024
Exclusive-Trump’s media deal partner nears $50 million financing -sources
Business

Exclusive-Trump’s media deal partner nears $50 million financing -sources

By Anirban Sen (Reuters) – Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S.…

February 8, 2024February 8, 2024
NYCB gets third credit downgrade as CRE exposure worries spill to Europe
Business

NYCB gets third credit downgrade as CRE exposure worries spill to Europe

By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…

February 8, 2024February 8, 2024
Oil up 3% on Gaza ceasefire rejection and US fuel stocks data
Business

Oil up 3% on Gaza ceasefire rejection and US fuel stocks data

By Nicole Jao LONDON (Reuters) -Oil prices gained more than 3% on Thursday on concerns of a broadening conflict in…

February 8, 2024February 8, 2024
Disney answers activists with gaming investment, ESPN streaming plans
Business

Disney answers activists with gaming investment, ESPN streaming plans

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on…

February 8, 2024February 8, 2024
PayPal sees flat profit in ‘transition year,’ shares fall
Business

PayPal sees flat profit in ‘transition year,’ shares fall

By Manya Saini (Reuters) – PayPal’s forecast of flat growth in adjusted profit for the current year overshadowed its market-beating…

February 7, 2024February 7, 2024

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