The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
Kevin O’Leary, investor and star of Shark Tank, has publicly offered $20 billion in cash to purchase TikTok, the Chinese-owned social media platform that has been at the center of national security debates in the United States. During an interview on Fox News's America’s Newsroom, O’Leary stated, “Right now, $20 billion’s on the table. Cash.”
Investor Kevin O'Leary announced that he partnered with an initiative seeking to acquire TikTok. The announcement comes as the social media platform is set to be banned across the United States later this month.
Luigi Mangione, the Maryland Ivy League graduate charged with assassinating UnitedHealthcare CEO Brian Thompson, has retained Craig Rothfeld, a high-profile prison consultant known for advising disgraced movie producer Harvey Weinstein.
Stock prices for major alcohol manufacturers and distributors fell Friday morning following a new advisory report from Surgeon General Vivek Murthy. The report called for Congress to mandate cancer risk warning labels on all alcohol products, citing its role as the third leading preventable cause of cancer in the United States.
Contemporary Christian radio station "The Fish," 104.7, is set to go off the air in February. The Atlanta station is shutting down after being sold to the Educational Media Foundation, which owns K-LOVE and Air1.
President-elect Donald Trump made a pointed remark about the Walt Disney Company during a recent event at Mar-a-Lago, where former Marvel Entertainment boss and billionaire Ike Perlmutter was in attendance. "The guy went from stone-cold broke to owning Disney," Trump told the crowd, referring to Perlmutter. "Then he got out of Disney because they went woke. He didn’t want woke Donald Duck."
Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.
U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.
