AMC Shares Spike After Top Theater Chain Says 70% Of Locations Will Be Open This…
Shares of AMC, the largest movie theater chain in the U.S., jumped more than 16% in premarket trading Wednesday…
Treasury Yields Rise Slightly Amid Mixed Economic Data
Treasury yields climbed slightly on Wednesday after investors digested fresh employment data.
The yield on the…
Macy’s Plans Rollout Of Smaller Stores Away From Malls
Macy’s is betting malls will make it. But only the best malls. And so it’s looking to grow elsewhere.
“We…
DraftKings Shares Surge 13% After Michael Jordan Joins Betting Company As Board…
Shares of DraftKings jumped 13% in premarket trading after the company said Michael Jordan is joining the betting…
Florida Drops Quest For Coronavirus Testing After Lab Reports Backlog Of 75,000…
Florida Gov. Ron DeSantis is ordering state health agencies to cut ties with Quest Diagnostics, one of the…
Tesla To Sell Up To $5 Billion In Stock Amid Its Incredible Rally
mid Tesla’s incredible rise that has seen shares soar to new highs, the electric auto maker said Tuesday it will…
AMCON Seeks NASS Support In N5 Trillion Debt Recovery
As its debt portfolio continues to rise, the Asset Management Corporation of Nigeria (AMCON) has called on the…
Fauci Debunks Theories Of Low CDC Coronavirus Death Toll: ‘There Are 180,000-Plus…
White House coronavirus advisor Dr. Anthony Fauci debunked online theories promoted by President Donald Trump that…
Walmart’s Stock Gets A $24 Billion Boost After Retailer Announces Subscription…
Walmart+ won’t launch for two weeks, but Wall Street is reacting positively to the retailer’s forthcoming…
Amazon Deletes Job Listings For Analysts To Track ‘Labor Organizing Threats’…
Amazon was looking to hire two intelligence analysts charged with tracking “labor organizing threats” inside the…
NIH Panel Refutes FDA’s Claims Of The Benefits Of Coronavirus Plasma Treatment
A panel of experts convened by the National Institutes of Health said Tuesday there is “insufficient data” to show…
The U.S. Dollar Could Be In A Decade-Long Decline
The dollar has entered a downward cycle it may not crawl out of for a decade.
The dollar has been weakening…
Federal Health Advisors Predict Four Coronavirus Vaccine Trials Backed By U.S.…
A top group advising U.S. health officials predicted Tuesday that four late-stage coronavirus vaccine trials backed…
GM CEO Mary Barra To Meet With Ivanka Trump On Wednesday
DETROIT – General Motors CEO Mary Barra is scheduled to meet Wednesday with White House adviser Ivanka Trump at the…
Nigerian Independents Tackle Market Volatility
Since the Federal Government of Nigeria enacted its Local Content Law in 2010, several indigenous operators – Atlas…
Euro Breaks Through $1.20 As Dollar Sell-Off Gathers Pace
The euro broke through the $1.20 mark for the first time since 2018 on Tuesday and the dollar slipped to a…
Virgin Atlantic, Eyeing Approval Of Rescue Deal, Restarts More Routes
Virgin Atlantic will resume flying to Delhi, Tel Aviv, Atlanta, Mumbai and Lagos from London in September as travel…
The Oil Price And Production Paradox
Nigeria's public finances work well when oil prices are above US$50.00/bbl (better still, above US$60.00/bbl).…
Nigeria Naira Firms 9.7% On Black Market On Plans To Sell FX To Currency Operators…
The Nigerian currency firmed sharply on the black market on Tuesday, gaining 9.65% to 435 naira against the U.S.…
Here are Tuesday’s biggest analyst calls of the day: Apple, Zoom, Chipotle, Penn…
Here are the biggest calls on Wall Street on Tuesday:
BTIG upgraded Zoom to buy from neutral
BTIG upgraded the…
Tech Investor Who Got In Early On The Cloud Software Boom Discusses What Happens…
A View from the Top is a Q&A series exclusively available on CNBC Pro. CNBC reporters will regularly speak with…
Analyst Raves Over Penn Gaming-Barstool, Sees 46% Upside: ‘Don’t Bet Against…
Penn National Gaming’s investment in David Portnoy’s Barstool Sports is nothing short of brilliant, pairing one of…
Samsung’s New $1,999 Folding Phone Launches On Sept. 18
Samsung on Tuesday announced that its new folding phone launches on Sept. 18 for $1,999. It will be sold by all of…
Expect Trump To Talk Less And Less About The Pandemic The Closer He Gets To The…
At a daily press briefing originally designed to update the public on the coronavirus outbreak ripping through…
52 Former Franchisees Sue McDonald’s For Racial Discrimination
More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it…
Coronavirus Cases Are On The Rise Again Across More Than Half Of The U.S.
Coronavirus cases are rising across more than half of the nation even as the outbreak slows across former hotspots…
Nigeria: Adesina Sworn-In For Another Term As AfDB President
Dr Akinwunmi Adesina has been sworn as President of the African Development Bank (AfDB), to serve another five-year…
Delta, American Drop Domestic Change Fees, Following Move By United
Delta Air Lines and American Airlines said Monday they are dropping domestic change fees, mirroring an announcement…
House Panel Opens Probe Of White House Trade Advisor Navarro After Abrupt…
A House Oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor…
Trump Heads To Politically Crucial Wisconsin Amid Violence, Racial Unrest
Despite entreaties to stay away, President Donald Trump heads to Kenosha, Wisconsin on Tuesday to highlight his…