Donald Trump has appealed his $454 million New York civil fraud judgment, challenging a judge’s finding that he lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency. The former president’s lawyers filed notices of appeal Monday asking the state’s mid-level… Read More
Two grocery chains face an uncertain future after Monday’s lawsuit
The Federal Trade Commission said Monday that it’s suing to block a proposed $24.6 billion merger between supermarket titans Kroger and Albertsons. The agency argued that the deal would hike prices for consumers and reduce competition from other businesses. Kroger and Albertsons are the chains behind brands like Safeway, Ralphs… Read More
The #1 movie at the box office, again, is…
For a second straight week, biopic “ Bob Marley: One Love ” continues to exceed expectations by claiming the No. 1 spot at the box office, overcoming two debut films and Sony’s “Madame Web” that’s still producing subpar numbers. The Paramount film starring Kingsley Ben-Adir pulled in $13.5 million during… Read More
Amazon joins DJIA, replacing… who?!
Amazon.com Inc. is joining the ranks of one of Wall Street’s oldest and most exclusive stock indexes: The Dow Jones Industrial Average. The e-commerce pioneer will officially take its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator Walgreens Boots Alliance. New Trump Bombshell [sponsored]… Read More
Nancy Pelosi just scored a $1 million payday (NASDAQ:NVDA)
Rep. Nancy Pelosi, D-Calif., is over $1 million richer after her husband’s conveniently timed trade in NVIDIA (NASDAQ:NVDA) stock options. Financial disclosures show Pelosi bought call options worth millions on November 22, 2022. Sponsored: Obama’s 2024 Confession Within two months those options surged over $3 million in value. The Pelosi’s… Read More
Houston man to be jailed for trading stocks after eavesdropping on wife
A word to the wise: If you overhear your work-from-home spouse talking business, just forget anything you may learn from it. And most definitely do not trade stocks using what authorities will almost certainly view as inside information. New Trump Bombshell [sponsored] Tyler Loudon, a 42-year-old Houston man, learned this… Read More
Home sales rebound last month as inventory expanded slightly
Sales of existing U.S. homes increased 3.1% in January compared to December. This marks the strongest monthly pace since last August, according to data released Thursday. However, prices stayed elevated amid a still-limited inventory. The year-over-year view shows a 1.7% decline in purchases of previously owned homes. Sales nearly sank… Read More
Stock market slumps Wednesday as tech industry struggles
Stocks fell on Wall Street Wednesday as weakness in technology companies continues to drag on the market. The S&P 500 slipped 0.3% in afternoon trading. The tech-heavy Nasdaq gave up 0.7% and the Dow Jones Industrial Average slipped 52 points, or 0.1% as of 1:36 p.m. Eastern. Sponsored: Memory Loss… Read More
ESPN, Fox, Hulu and Warner Bros. Discovery sued over sports-streaming venture
Streaming service FuboTV has filed an antitrust lawsuit against ESPN, Fox, Warner Bros. Discovery and Hulu, which are planning to launch a sports-streaming venture in the fall. The lawsuit has been filed in the Southern District of New York. FuboTV, which focuses primarily on live sports, is seeking a jury… Read More
Amazon to join the Dow Jones Industrial Average, as of Tuesday
Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. The e-commerce giant will replace drugstore operator Walgreens Boots Alliance in the Dow before the open of trading on Monday, S&P Dow Jones Indices said… Read More
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