Business News

Nelson Peltz sells Disney stake

Bob Iger and Nelson Peltz.CNBCActivist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter. In early April, Trian's Peltz lost a proxy battle at Disney as shareholders reelected the company's full slate of board nominees. Peltz had been seeking to...

Earnings

Salesforce (CRM) Q1 earnings report 2025

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares plummeted as much as 17% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance...

Market Insider

Stocks making the biggest moves midday: ANF, UNH, NFLX

Check out the companies making headlines in midday trading: Abercrombie & Fitch — Shares popped 22% after the apparel retailer posted fiscal first-quarter sales that grew 22% from a year earlier. Abercrombie's profit during the period was nearly seven times compared to the year-ago period and came in ahead...

Business News

Nissan issues ‘do not drive’ alert for 84,000 older models

A Nissan Sentra sits on the lot at a dealership in Evanston, Illinois, on Nov. 12, 2010.Scott Olson | Getty ImagesNissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway Traffic Safety Administration announced Wednesday.The NHTSA said the...

Business News

Affordable Jeep EV coming ‘very soon’ to the U.S.

Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022.Nathan Laine | Bloomberg | Getty ImagesStellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. "very soon" to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO...

Business News

Cadillac Optiq EV to start at $54,000

2025 Cadillac OptiqCadillacDETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday.The compact-sized crossover is set to be Cadillac's fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke...

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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.

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