Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen … Read more
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales, … Read more
Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival provider DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers and sent EchoStar shares plunging 10%. DirecTV agreed to pay … Read more
Republican presidential nominee, former U.S. President Donald Trump pauses before speaking during a campaign rally at the Mosack Group warehouse on September 25, 2024 in Mint Hill, North Carolina. Brandon Bell | Getty Images Republican presidential nominee Donald Trump is set Monday to deliver remarks and help hand out supplies in the hurricane-blasted swing state … Read more
Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes more energy-efficient, just months after New York became the first state to do so, in May. Meanwhile, South Dakota officials in August declined the federal funding, which is tied to two new programs created by … Read more
John Hess, chief executive officer of Hess Corp., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 19, 2024. F. Carter Smith | Bloomberg | Getty Images The Federal Trade Commission has banned Hess Corp. CEO John Hess from Chevron‘s board as a condition for the oil companies’ … Read more
An illuminated Google logo is seen inside an office building in Zurich, Switzerland. Arnd Wiegmann | Reuters Google announced Monday it’s investing 36 billion Thai baht ($1 billion) into Thailand for the creation of a new data center and expansion of the country’s cloud infrastructure. The move marks a ramp-up of Google’s expansion in Asia, … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Wall Street started the week off slightly lower on the last day of September — historically the worst month of the year, but not this year. During Monday’s Morning … Read more
China’s President Xi Jinping speaks during an awards ceremony at the Great Hall of the People in Beijing on Sept. 29, 2024, ahead of China’s National Day. Adek Berry | Afp | Getty Images BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated Beijing’s … Read more
A shareholder at a securities hall in Hangzhou, the capital of Zhejiang province in east China, on Sept. 24, 2024. Cfoto | Future Publishing | Getty Images China stocks rallied to their best day in 16 years, with related U.S. ETFs also soaring after recent economic stimulus buoyed investor optimism in the market. The Shanghai … Read more
