Business news
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares jumped 8% in extended trading on Monday after the company said it plans to turn its foundry business into an independent unit … Read more
The Major League Baseball players union sued sports-betting sites DraftKings Inc. and bet365 Group Ltd. for using the names and likenesses of its members in advertising without their consent. In a suit filed Monday in federal court in Philadelphia, MLB Players Inc. cited a Pennsylvania law allowing people whose names and likenesses have commercial value … Read more
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House TikTok has urged a federal appeals court to block a law that could soon ban the social media app in the US over national security concerns related to its Chinese parent, arguing … Read more
In a notable performance, Parke Bancorp, Inc. (PKBK) stock has reached a 52-week high, touching $21.14. This peak reflects a significant uptrend for the bank holding company, which has seen its shares surge by 23.53% over the past year. Investors have shown increased confidence in Parke Bancorp’s financial health and growth prospects, propelling the stock … Read more
“Sell Less, Charge More, and Earn More” should be Under Armour’s (UAA, UA) new strategy which could lead to increased profits and improved margins and ultimately resulting in a healthier company with a higher share price, says BMO Capital’s Simeon Siegel. “Our brand ubiquity analysis suggests that Under Armour is under-earning because it’s overselling,” Siegel … Read more
How much does your packaging matter? Consider this: Hiball Energy used to be sold in glass bottles, and the company grew slowly. Then it switched to aluminum cans and sales exploded — reaching $40 million in annual revenue, and then getting acquired by one of the world’s largest alcohol brands. But before Hiball’s team could … Read more
When Jared Isaacman popped out of the hatch of the Dragon spaceship Resilience and into the vacuum of space, he really looked pretty spiffy. For the first time in history, a private citizen got (partly) out of a spaceship with nothing between him and our Pale Blue Dot but a sleek, tightly fitting white spacesuit. … Read more
… and two other tricky workplace dilemmas. #Promote #Employee #Doesn039t #Coworkers
Check out the companies making headlines in premarket trading. Trump Media & Technology — Shares rose more than 1%, extending the 11% gain from Friday. The stock jumped by as much as 25% in the previous session after Republican nominee and majority owner Donald Trump said he’s “not selling” his stake at a press conference … Read more
Paul Rabil, the former lacrosse star and co-founder of the Premier Lacrosse League (PLL), has a straightforward philosophy when it comes to leadership: top executives must remain hands-on. Reflecting on the leadership qualities he’s seen in both sports and business, the 38-year-old, who holds the all-time scoring record in professional lacrosse and is a two-time … Read more