My top 10 things to watch Monday, Nov. 6 1. U.S. stocks tick up in premarket trading Monday, with S & P 500 futures up 0.16%, after equities rallied more than 5% last week. It’s the aftermath of the bulls’ victory — and here’s how the market can build on its best week of the … Read more
The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers. GM is the final Detroit automaker to reach a deal with the union following historically contentious talks. The 4½-year tentative agreements must still be ratified by members at … Read more
The NBA is seeing greater interest than ever from international fans for the new season, expecting fans from 214 countries to tune into games this year. The league is instituting a three-pronged approach to appeal to international fans, including an initiative to air games during primetime in Europe, the Middle East and Africa. This season, … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Fast Money Bill Simon, Fmr. Walmart U.S. CEO, joins ‘Fast Money’ to discuss consumer stock weakness impact on Amazon Prime’s two-day event. 05:45 5 hours ago Source link
Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic, which Walmart has taken a big stake in itself. That … Read more
The UAW will not expand its strikes for the first week since work stoppages began, after the sides failed to reach tentative agreements by Sept 14. The union had been gradually increasing its strikes against the Detroit automakers but said it’s making progress in negotiations. Only 25,200 workers, or roughly 17% of UAW members covered … Read more
The NBA will have a plethora of potential media partners as it prepares for its next rights deal. The league ideally would like no more than three packages as it decides among TV carriers and streaming services, say people familiar with the matter. NBA.com or the NBA app may serve as the digital front door … Read more
The Nobel Peace Prize was awarded on Friday to Iranian human rights activist Narges Mohammadi. Mohammadi received the prize for “her fight against the oppression of women in Iran and her fight to promote human rights and freedom for all,” the awards committee said. The announcement follows much speculation over who would win this year’s … Read more
Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado. Justin Edmonds | Getty Images Sport | Getty Images The National Basketball Association’s upcoming decision on which … Read more
Levi Strauss cut its full-year sales forecast, citing weak sales of its denim at department stores and big-box retailers. The denim retailer said momentum at its own stores and website was not enough to offset weaker wholesale trends in the U.S. The company has put more emphasis on its direct-to-consumer business to help control its … Read more