Keith Meister’s Corvex Management places new giant bet on a drugmaker, adds to a utility stake
Founder Keith Meister was a protege of corporate raider Carl Icahn and was previously CEO of the billionaire’s firm.
Chick-fil-A to release new riff on its iconic chicken sandwich with pimento cheese, jalapenos
Chick-fil-A customers can buy the chain’s new Honey Pepper Pimento Chicken Sandwich in restaurants nationwide, starting Aug. 28.
Homebuilder sentiment drops sharply, as mortgage rates surge over 7%
A recent jump in mortgage rates has taken the steam out of recent gains in homebuilder sentiment.
Maui fire losses could rise to $10 billion: Steps to take to recover financially after a natural disaster
There are steps you can take if you’ve been affected by a natural disaster. The massive Maui fires are a reminder to check your financial recovery plans.
Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate
These are the best colleges for financial aid, according to The Princeton Review’s new ranking
With college affordability now the No. 1 concern among students and families, a new ranking determines which schools are giving out the most financial aid.
DeSantis says he would ban TikTok because of China threat
Florida Gov. Ron DeSantis told CNBC that he would ban TikTok because the app is controlled by China.
Dan Loeb’s Third Point bet big on Amazon and Nvidia in the second quarter, but his fund still lagged
Despite adding new positions in key artificial intelligence beneficiaries during the second quarter, the hedge fund manager still underperformed.
Earth just had its hottest July ‘by a long shot,’ NASA and NOAA say
The new milestone is just the latest in a series of worrying climate extremes in recent months, including record-warmth across the world’s oceans.
Tiger Global cuts largest holdings, doubles down on Nvidia, Apollo Global Management
Investor Chase Coleman lowered exposure in six of his top 10 holdings but took notable bets elsewhere in the portfolio.
