Business

CNBC’s Jim Cramer on Friday warned investors not to let their guard down when it comes to their portfolios and be ready to take advantage of good deals. “Ultimately, you’re just going to feel sorry if you don’t buy anything on the big sell-offs. When the market finally gets oversold …

Hasbro Inc: “I actually don’t even like the toy companies right now. … Let’s wait for now.” Viatris Inc: “I don’t like those guys. I do think that [Johnson & Johnson] is going to spin off its consumer product company, and that’s going to be very, very good.” IAC Inc: …

Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA.  Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgerton” and “Inventing Anna,” is among a number of showrunners, creators and writers who have expressed displeasure with Netflix‘s decision …

Shares of Carvana were on pace for their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from record demand, pricing and profits during the coronavirus pandemic. The stock cratered roughly 40% in …

Jonathan Alcorn | Reuters If you manage to beat the odds stacked against hitting the Powerball jackpot, don’t forget you’ll have a silent partner in the win: the taxman. The jackpot for Saturday night’s drawing is now the largest U.S. lottery ever at an estimated $1.6 billion — pretax — …

Sean ‘Diddy’ Combs accepts the Lifetime Achievement Award onstage during the 2022 BET Awards at Microsoft Theater on June 26, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Hip-hop mogul and businessman Sean “Diddy” Combs is venturing into the world of cannabis. Combs has agreed …

Policy adjustments ‘deter the consumer from returning’ With rising costs squeezing margins, many retailers are rethinking their return policies, shortening the return window and even charging a return or restocking fee, according to Spencer Kieboom, founder and CEO of Pollen Returns, a return management company.  Stores like Gap, Old Navy, …

Miniseries | E+ | Getty Images Anyone watching the markets this year knows that it’s been a bumpy ride. But investors and the corporate sector aren’t the only ones feeling the pinch as financial markets have fallen sharply. With an estimated 33% of all charitable giving taking place in November …

The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit. While the city’s pandemic regulations remain strict, Chris Brooke, chairman of the Hong Kong Rugby Union, claimed demand to attend the event remains high. “I think people are looking forward to a fun weekend. …

Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.” GoPro Inc: “I said sell that stock. … $95, never looked back.” Home Depot Inc: “I think that the Fed is directly targeting renovation …