Tag Archives: Breaking News: Business

CNBC cancels ‘The News with Shepard Smith’ after two years

[ad_1] The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market coverage. The network announced the news Thursday in an e-mail to CNBC employees. Smith will be leaving the network later …

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Altice USA stock sinks after tough third quarter earnings

[ad_1] Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The company, which provides broadband, cable-TV, wireless and phone services, saw its shares sink following Wednesday’s earnings report …

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U.S. airlines’ pilot contract negotiations turn rocky

[ad_1] Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines are profitable again, and their pilots want a bigger cut of the industry’s recovery. …

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Peloton (PTON) reports Q1 earnings

[ad_1] Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s …

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Rstaurant Brands International (QSR) Q3 2022 earnings

[ad_1] A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by sales growth at Burger King and Tim Hortons. Shares of the …

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WWE ends investigation into alleged misconduct by Vince McMahon

[ad_1] World Wrestling Entertainment said Wednesday that a special committee investigating alleged misconduct and secret payments by former CEO Vince McMahon had disbanded. “The Special Committee investigation is now complete and the Special Committee has been disbanded,” the company said in a securities filing. “Management is working with the Board …

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