Categories
Business

Jim Cramer says to consider buying these 8 stocks now that commodity prices are down

CNBC’s Jim Cramer on Thursday advised investors to take advantage of falling commodity prices by adding to their portfolios. “Oil’s down big, gasoline’s down big and you can now buy all sorts of stocks that benefit from cheaper fuel, especially the travel and leisure plays,” he said. The “Mad Money” host earlier this week criticized […]

Categories
Business

WWE at crossroads as Vince McMahon’s retirement and scandals heighten sale speculation

World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images World Wrestling Entertainment’s annual report for 2021 lists a risk factor specifically about the […]

Categories
Business

Jim Cramer offers his favorite stock picks for 3 possible recession scenarios

CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can we avoid a recession altogether? There’s always the chance,” but investors shouldn’t hold their breath, he said. Investors have piled into tech stocks this week, betting […]

Categories
Business

Why Amazon’s three biggest deals ever were for a grocery chain, movie studio, and health care provider

A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California. Justin Sullivan | Getty Images Amazon still makes most of its revenue from orders placed through its online stores, and most of its profit from its cloud computing arm. Both of those businesses were built almost […]

Categories
Business

At amusement parks like Six Flags and Disney, safety is a multimillion-dollar business

At amusement parks like Six Flags, Disney World and Universal — safety is a multimillion-dollar business. Injuries and deaths are becoming increasingly rare, with fewer than 1 injury per million rides in 2019, according to the National Safety Council. Ride-related injuries dropped by more than 60% between 2004 and 2019, according to the International Association […]

Categories
Business

Disney highlights value of its streaming bundle by increasing price of ESPN+ 43% to $9.99 per month

ESPN Mike Windle | ESPN | Getty Images Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. The increase will kick in on Aug. 23. An annual subscription to ESPN+ will jump from $69.99 to $99.99. […]

Categories
Business

Jim Cramer says investors should eye these 5 downtrodden stocks

CNBC’s Jim Cramer on Thursday said that investors should search for buying opportunities among stocks being hammered by the turbulent stock market.  “You could argue that for many groups, this bear market’s simply about working off the excesses of the past two years. … However, for some stocks, the sell-off has even been worse than […]

Categories
Business

Here are the nominees for the major Emmy categories — ‘Succession’ and ‘Ted Lasso’ lead the field

Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off […]

Categories
Business

Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels

It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’re opting for pricier tickets and spending more on concessions. Over the weekend, Disney’s newest Marvel Cinematic Universe film, “Thor: Love and Thunder,” opened to […]

Categories
Business

‘Thor: Love and Thunder’ pulls in $143 million in domestic opening

Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domestic weekend, box office analysts feel confident that movie theaters are no longer on the road to recovery and have reached a pace of normalcy seen in pre-pandemic times. […]