Bob Iger wanted to buy NBA’s Phoenix Suns before Disney return
Disney boss Bob Iger was prevented from bidding on the Phoenix Suns because of a deep-seated grudge held by the NBA team’s disgraced former owner...
Masterworks’ fractional art sales getting the brush off
Masterworks, the “elite alternative asset” that allowed investors to buy fractional shares of high-end paintings, scrapped a funding round amid concerns it could face regulatory...
CEOs move to Nevada for cheaper fees, friendlier jurisdiction
Elon Musk’s decision to move Twitter’s corporate headquarters from Delaware to Nevada could add fuel to a growing trend: companies ditching the First State for...
Chainsmokers DJ duo is raising a third venture capital fund
The Chainsmokers, who consistently rank in the top five highest-paid DJs in the world, are quietly raising their third venture capital fund in as many...
Stew Leonard, founder of famous grocery chain, dies at 93
Stew Leonard, the founder of the famous Connecticut grocery store chain that went by his name, died Wednesday at the age of 93. The businessman...
Jenny Craig warns staffers of mass layoffs, plans to shutter locations: report
Jenny Craig appears to be shedding more than pounds. The weight-loss company warned staffers to look for other employment opportunities as it prepares for potential...
First Republic Bank on verge of takeover by FDIC: report
The Federal Deposit Insurance Corporation is preparing to place First Republic under receivership imminently, a person familiar with the matter said Friday, sending shares of the lender down...
Hadley Gamble had relationship with Tom Barrack, sparking NBC probe
Hadley Gamble — the CNBC reporter whose “inappropriate relationship” with NBCUniversal CEO Jeff Shell forced the media mogul to resign this week — also had...
Anheuser-Busch hires ex-GOP aides to lobby after Dylan Mulvaney controversy
Anheuser Bush has reportedly hired a number for former Republican political aides in an effort to mend relations with conservatives following its controversial partnership with...
Fed’s preferred inflation gauge stayed high in March
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise...