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iPhone Passcode Thief Lays Out iOS Risks: Here's How Apple Is Responding
Tuesday, December 26, 2023 - 6:26pm | 698There may be critical security vulnerabilities and loopholes within Apple, Inc.’s (NASDAQ: AAPL) iOS software that leaves iPhone users susceptible to theft and identity fraud. How Thieves Gain Access In a recent interview with the Wall Street Journal, former iPhone thief Aaron...
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The Disney Activist Battle's Next Chapter: Nelson Peltz To Nominate Himself, Former Disney CFO To Board
Thursday, December 14, 2023 - 12:54pm | 490Trian Partners founder and CEO Nelson Peltz has announced his latest move in his firm's ongoing proxy fight with Walt Disney Co (NYSE: DIS). What To Know: In a new press release, Trian announced Thursday that it plans to nominate Peltz and former Disney CFO Jay Rasulo to the...
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Charlie Munger Admired Bezos And Musk, But Passed On Amazon, Tesla At First: 'You Have To Let Ideas Die'
Thursday, December 7, 2023 - 1:49pm | 524When Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) bought See’s Candies in 1972, it taught the firm's late vice chairman, Charlie Munger, a valuable lesson that would guide his investing career. The company raised prices without hurting sales, and Munger learned that you...
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Ark Invest's Cathie Wood Says The Price Of One Bitcoin Could Rise To $1.5M
Wednesday, November 15, 2023 - 12:38pm | 704Ark Invest's Cathie Wood has long been bullish on the cryptocurrency space. She's still optimistic that Bitcoin (CRYPTO: BTC) could trade somewhere between $1 million and $1.5 million. What To Know: Bitcoin has more than doubled since the start of the year as optimism surrounding...
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Birkenstock Targets Valuation Of More Than $9B In IPO
Monday, October 2, 2023 - 9:57am | 295Birkenstock Holding is targeting a valuation of up to $9.2 billion in its initial public offering. What Happened: Birkenstock Holding, the ultimate parent company of the Birkenstock shoe brand, announced plans to sell approximately 10.75 million shares for between $44...
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The Storage Unit Business Profits From Human Nature: These Entrepreneurs Quit Their Jobs To Cash In On The Hype
Thursday, August 10, 2023 - 8:59am | 728Abandoned storage units are always popping up for sale. That's because once someone moves their stuff in, they don't want to mess with moving it again. Owners of storage facilities have found ways to make big profits from that discovery. What To Know: The storage unit business is extremely...
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Oil Giant Targets Lithium Opportunity: What's Going On With Exxon Mobil Stock?
Thursday, July 20, 2023 - 10:53am | 400Exxon Mobil Corp (NYSE: XOM) shares are trading slightly higher Thursday. New reports indicate the company plans to make a big push into the lithium market. What To Know: According to a Wall Street Journal report, Exxon Mobil is set to begin mining lithium, a key part of electric...
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Russia's 'Hostage Diplomacy' Unacceptable Says US Ambassador As Wall Street Journal Reporter Loses Appeal In Moscow
Friday, June 23, 2023 - 12:00pm | 531Evan Gershkovich lost his appeal against the extension of pre-trial detention in a Moscow Court. His appeal sought to overturn a court ruling in May that extended his pretrial detention for three months, through at least August 30. The Wall Street Journal reporter was arrested in March and is...
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Why Carvana-Backed Root Stock Is Soaring Thursday
Thursday, June 22, 2023 - 8:25am | 321Root Inc (NASDAQ: ROOT) shares are trading higher Thursday following reports suggesting the company has received a takeover bid. What Happened: According to a Wall Street Journal report citing people familiar with the matter, Embedded Insurance has approached Root multiple times offering...
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Brittney Griner On Russian Detention Of Wall Street Journal Reporter: Biden Should Use Every Tool Possible
Monday, April 3, 2023 - 1:12pm | 615WNBA superstar Brittney Griner is speaking out about the plight of Wall Street Journal reporter Evan Gershkovich who was detained in Russia last week on dubious espionage charges, for which the Kremlin has not provided any evidence. Gershkovish filed an appeal against his...
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First Republic Bank Stock Bounces Back: What's Going On?
Tuesday, March 21, 2023 - 10:02am | 545First Republic Bank (NYSE: FRC) shares are trading higher Tuesday following reports suggesting JP Morgan Chase & Co (NYSE: JPM) CEO Jamie Dimon is leading discussions to come up with a new rescue plan for the bank.Treasury Secretary Janet Yellen also said the government is...
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Seagen Stock Soars On Pfizer Takeover Talks: What's Going On?
Monday, February 27, 2023 - 10:19am | 348Seagen Inc (NASDAQ: SGEN) shares are trading higher Monday following reports indicating pharmaceutical giant Pfizer Inc (NYSE: PFE) is considering acquiring the biotech company. What To Know: According to a Wall Street Journal report citing people familiar with the matter, Pfizer is in early...
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Brittney Griner Plans To Play Basketball Again, Thanks Biden, Advocates For Paul Whelan
Friday, December 16, 2022 - 1:30pm | 581WNBA superstar Brittney Griner revealed she plans to continue playing basketball professionally this season. These are her first public comments since she was released from a Russian penal colony earlier this month in a one-for-one prisoner swap for international arms dealer Viktor...
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FTX Used Customer Funds To Fund Risky Bets, Leading To Its Downfall: Report
Thursday, November 10, 2022 - 11:46am | 397Cryptocurrency exchange FTX used customer assets worth billions to support risky trading bets by its sister trading firm, Alameda Research, which ultimately led to the exchange's collapse, according to a new report. What Happened: Quoting an anonymous source, a Wall Street Journal report...
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Kanye West's Yeezy Cuts Ties With Gap: What You Need To Know
Thursday, September 15, 2022 - 11:28am | 523Kanye West and Gap Inc (NYSE: GPS) are parting ways after the rap artist and designer terminated his Yeezy brand partnership with the retailer just two years after the deal was announced. What Happened: In June 2020, West announced a partnership with Gap to...