It took 1,458 flights and 1,117 buses and trains for Drew Binsky to reach his goal of traveling to every country in the world. And he did it in less than a decade. CNBC spoke with Binsky nine hours after he touched down in his last country — Saudi Arabia […]
Shares of SQZ Biotechnologies Co. (SQZ) have lost more than 50% year-to-date and trade around $13. SQZ Biotech is a clinical-stage biotechnology company developing transformative cell therapies for patients with cancer, infectious diseases, and other serious conditions. The company’s lead cancer vaccine candidate SQZ-PBMC-HPV is being studied in a phase […]
Almost a month after IATSE and the AMPTP said that they had reached a deal on a new film and TV contract to avert a major Hollywood strike, the completed general memorandum of agreement was finally released Thursday to union members. “This Memorandum of Agreement reflects the complete understanding reached […]
European stocks are seen opening lower on Friday as investors fret about supply bottlenecks and rising raw material prices. Earnings news will also be in focus with Amazon and Apple reporting disappointing quarterly earnings results in a sign that the global supply-chain crisis is hobbling even the mightiest companies. Worries […]
Europe is facing a worrying resurgence in Covid-19 cases, according to the the World Health Organization. The two main reasons the WHO gave for Europe's soaring case numbers were insufficient vaccination coverage and the relaxation of public health and social measures. Leading German health officials warned on Wednesday that the country […]
Andrew Steer is the CEO of the Bezos Earth Fund, and he is in charge of giving away $10 billion of Jeff Bezos' money in the next decade. Money is invested or spent to remove "blockages" in larger transitions to a green economy, Steer told CNBC on a phone call […]
New York (CNN Business)MGM Resorts is offloading two well-known Las Vegas casinos in separate deals that total nearly $5 billion. The gaming company said Tuesday it’s selling Circus Circus to a rival resort owner for $825 million. MGM is also forming a joint venture with private equity firm Blackstone to […]
Credit Suisse said gains in its income were hit by "major litigation charges" of 564 million Swiss francs. It is taking a 214 million Swiss franc charge relating to its settlement of what it called the "Mozambique matter." The Swiss bank also warned that it expects to report a net […]
Discovery ended the September quarter with 20 million DTC subscribers, up 3 million from the prior quarter in June. The paying subs are largely Discovery+ but also include a handful of other services, most based in Europe. Discovery is inching closer to a merger with WarnerMedia, expected to close in […]
The Federal Reserve on Wednesday said it would keep its overnight lending rate near zero for now. As the central bank starts to taper its emergency stimulus efforts, consumers will see interest rates begin to rise. Mortgage rates are already higher. In this article COLM CLBK Even though the Federal […]
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