Meta has announced the appointment of three new board members including the chief executive of the Ultimate Fighting Championship (UFC) and close Donald Trump ally, Dana White. It comes as Meta’s chief executive, Mark Zuckerberg, appears to be making efforts to mend ties with Trump, ahead of the US president-elect’s inauguration this month. Days ago…
Pictured here is the Grand Indonesia shopping mall in Jakarta on Friday, Jan. 5, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Huawei spinoff Honor announced Tuesday it plans to launch smartphone sales in Indonesia by the end of March, becoming the latest Chinese company to enter a market that has banned Apple’s iPhone…
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The…
Denise Coates CBE, chief executive of the gambling firm Bet365 and one of Britain’s wealthiest women, took a 45% pay cut last year and still received a package worth over £150m in 2024. The highest-paid director of Bet356 Group, believed to be Ms Coates, was paid £94.7m for the year ending March 2024 compared to…
Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 251% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the second-largest digital pay-TV provider after YouTube…
Melkinimages | E+ | Getty Images Target-date funds are a way for 401(k) participants to put their retirement savings on autopilot — and they capture the lion’s share of investor contributions to 401(k) plans. About 29% of assets in the average 401(k) plan were held in TDFs as of 2023, according to the Plan Sponsor…
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake. “It’s definitely something of interest,” said Manning, who spoke in a CNBC Sport interview. “There’s probably only one team I’d be interested in pursuing, and it’s the…
The Federal Reserve’s top banking regulator will be stepping down next month, paving the way for President-elect Donald Trump to name a replacement and heading off a potential confrontation between the two. Michael Barr’s resignation from the position, which is formally called the vice chair for supervision, takes effect as of Feb. 28, though he…
The FuboTV app on a television arranged in New York, US, on Wednesday, Feb. 21, 2024. Gabby Jones | Bloomberg | Getty Images Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced on Monday. Disney will become majority owner of the resulting company — the…
Nippon Steel and US Steel are suing the US government over blocking a takeover, claiming that President Joe Biden “ignored the rule of law to gain favor” with trade unions. The two companies also alleged that President Biden, who is entering the last weeks of his administration, stopped Nippon Steel buying US Steel to pursue…
