Business

WWE SmackDown World Tour Joern Pollex | Bongarts | Getty Images World Wrestling Entertainment and Endeavor-owned UFC are set to merge this year in a deal that will create a sports entertainment behemoth valued at more than $21 billion. After the deal was announced in early April, WWE shares soared …

The Alpha rocket for the Space Force’s Victus Nox mission stands on the launchpad at Vandenberg Space Force Base, California. Firefly Aerospace The name says it all: Victus Nox, or, translated from Latin, “conquer the night.” It’s an experimental test run of national security capabilities in space, and a high-stakes …

U.S. President Donald Trump looks on during a commercial break during a live one-hour NBC News town hall forum with a group of Florida voters in Miami, Florida, U.S., October 15, 2020. Carlos Barria | Reuters When Chris Licht took over as CNN’s chief executive last year, he made a …

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson consumer-health business, speaks during an interview with CNBC during his company’s IPO at the New York Stock Exchange (NYSE), May 4, 2023. Brendan McDermid | Reuters Kenvue CEO Thibaut Mongon is betting on brand and product innovation to drive growth …

Combo showing Brie Larson in Captain Marvel and Ezra Miller in The Flash. Courtesy: Marvel (L) | DC Comics (R) For more than a decade, the narrative surrounding comic book studios Marvel, owned by Disney, and DC, owned by Warner Bros., has been one of a contentious rivalry, with Marvel …

Shares of Johnson & Johnson‘s consumer-health spinoff Kenvue jumped 20% in afternoon trading Thursday after its market debut on the New York Stock Exchange, making it the biggest U.S. IPO in more than a year.  The new company opened at $25.53 per share after originally pricing its initial public offering …

In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global fell as much as 23% after it reported earnings and revenue that missed analyst estimates and cut its quarterly dividend. The company cut its …

Bloomie’s, the smaller version of Bloomingdale’s, features contemporary apparel brands. It has a slimmed down assortment and displays that are switched out frequently. Melissa Repko | CNBC FAIRFAX, Va. — Shoppers browse racks of clothing with a glass of wine in hand. A display of pet accessories and a water …

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst Christopher McGratty was looking forward to some calm. So early Tuesday, more than 24 hours …

Cars wait in a line at a KFC (Kentucky Fried Chicken) drive-thru in Bloomsburg. Paul Weaver | LightRocket | Getty Images Yum Brands on Wednesday reported quarterly earnings that fell short of analysts’ expectations, despite a China sales rebound for KFC and Pizza Hut. Yum joins the growing list of companies that …