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Chewy founder Ryan Cohen's Alibaba stake has grown to $1 billion, according to reports. Cohen, who is also the CEO of GameStop, has reportedly been in talks with Alibaba. In 2022, Cohen made $68 billion by selling his stake in Bed Bath & Beyond.
Published on: February 22, 2025, 12:00 AM UTC
Major Companies Retreat from DEI Programs Amid Scrutiny and Legal Changes
Published on: February 21, 2025, 11:01 PM UTC
President Trump announced tariffs on digital services, auto parts, and other goods, targeting foreign taxes on U.S. tech companies. These tariffs aim to balance the U.S. budget and potentially generate billions in revenue. Amid consumer concerns, Trump also discussed merging the Postal Service with the Commerce Department and withdrawing from the U.S.-China trade deal.
Published on: February 21, 2025, 11:01 PM UTC
KKR prepares to sell BMC Helix for as much as $2 billion
Published on: February 21, 2025, 11:01 PM UTC
Elon Musk suggests the Federal Reserve should face more scrutiny and possibly an audit. The comments come as the White House announces increased control over Fed oversight of big banks.
Published on: February 21, 2025, 10:03 PM UTC
Learn how young adults in their 20s and 30s can manage student loan repayment while saving for retirement, including investment approaches, savings goals, and more.
Published on: February 21, 2025, 10:02 PM UTC
Citigroup and PepsiCo Join Corporate Retreat From DEI Amid Legal Scrutiny
Published on: February 21, 2025, 10:02 PM UTC
PepsiCo ends some diversity initiatives; Coca-Cola reaffirms support for inclusion efforts
Published on: February 21, 2025, 10:00 PM UTC
Rivian (RIVN) stock falls 4.8% after Cantor Fitzgerald downgrades rating to Neutral following weak Q4 2024 earnings and concerns over lower deliveries and macro conditions.
Published on: February 21, 2025, 10:00 PM UTC
Transportation stocks fell sharply on Friday, with the Dow Jones Transport average index dropping over 2.6% due to weak economic readings and tariff concerns.
Published on: February 21, 2025, 10:00 PM UTC