Business

Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Disney said Wednesday it is planning to reorganize into three segments.  The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming …

Starship prototype 24 stacked on top of Super Heavy booster prototype 7 at the company’s facility near Brownsville, Texas on January 9, 2023. SpaceX WASHINGTON – SpaceX President Gwynne Shotwell said Wednesday the company plans to attempt a major Starship milestone this week. SpaceX on Thursday will attempt a “static …

Spencer Platt | Getty Images News | Getty Images New York is the most rent-burdened metro area in the U.S., according to a new report from Moody’s Analytics. A household with the median income in the Big Apple would need to pay nearly 69% of earnings to rent the averaged-priced …

Striker, The U.S. Soccer Star balloon from Fox Sports is waked in the 2022 Macys Thanksgiving Day Parade past Columbus Circle in honor of the U.S. Mens National Team competing in the 2022 FIFA World Cup in Qatar on November 24, 2022 in New York City. Ira L. Black | …

The AMC Empire 25 near Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images Movie theaters have struggled to fill seats during the Covid pandemic, but some …

A general view outside of a Michael Kors location Christopher Jue | Michael Kors | Getty Images Shares of Michael Kors owner Capri Holdings plunged 20% in early trading Wednesday after the company missed earnings expectations and cut its annual profit forecast. High-end fashion companies outperformed many other industries last …

Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Here are the most important news items that investors need to start their trading day: 1. The earnings feast continues Even as investors chew over the latest remarks from …

CNBC’s Jim Cramer on Tuesday told investors to stay selective with stocks despite the market’s strong run. “I just want you to have a real earnings cushion with real buybacks or real dividends — ideally both — and I can’t feel comfortable recommending anything without them,” he said. The market …

Parker-Hannifin Corp: “It’s just the kind of industrial I’ve been recommending. … I would buy it here.” Conocophillips: “That thing is like a fine Merlot, my friend. I would buy all you can right here.” Snowflake Inc: “I like Snowflake. I will go with [CEO Frank] Slootman. He is a …

CNBC’s Jim Cramer on Tuesday said Activision Blizzard is better positioned in the short term than rival Take-Two Interactive. Both video game companies reported earnings this week. Activision Blizzard related investing news Shares of Activision Blizzard rose about 5.6% Tuesday after the company reported a revenue beat in its most …