Business News
Check out what’s clicking on FoxBusiness.com. The cost of a BJ’s Wholesale Club membership will get pricier in January. The company plans to raise its standard membership for its warehouse stores to $60 per year and its premium Club+ membership to $120 beginning Jan. 1, BJ’s Wholesale said Thursday. Those hikes — the first in … Read more
DALLAS, Nov. 21, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (Ben or the Company), whose subsidiary Beneficient Fiduciary Financial, L.L.C., is a Technology-Enabled Fiduciary Financial Institution (TEFFI) today provided an update to the State of Kansas Joint Committee on Fiduciary Financial Institutions Oversight about its business operations, the digital innovation occurring in the alternative asset … Read more
Shares in MicroStrategy, the bitcoin-backing company, tumbled 16.2 per cent after a well-known short seller said it had become “completely detached” from “bitcoin fundamentals”. MicroStrategy has soared more than 500 per cent this year on its approach of buying bitcoin and selling new shares to buy yet more. Citron Research on Thursday praised founder Michael Saylor for … Read more
There’s a growing disparity in organizations with boardrooms that are well versed in generative artificial intelligence and those that need to play catchup, warns Florian Rotar, chief AI officer at Avanade. “I’m a little bit worried that we’ll see this building divergence, and some will be left behind,” says Rotar, during a virtual conversation hosted … Read more
(Bloomberg) — MicroStrategy Inc shares tumbled after Andrew Left’s Citron Research said in a post on X that it’s betting against the software company, which has effectively transformed itself into a Bitcoin investment fund. Most Read from Bloomberg The stock fell 16% to close at about $397, reversing a gain of nearly 15% from earlier … Read more
stockcam Reddit (NYSE:RDDT) fell 6.7% in after hours trading after a report that a shareholder is seeking to raise as much as $1.2 billion in a sale of 7.8 million shares. Advance Magazine Publishers, which is part of the Newhouse family publishing empire, is offering
FOX Business host Larry Kudlow unpacks what the stock market rally means for Americans on ‘Kudlow.’ There’s a blue collar boom out there – that’s what investors are telling us and that’s the subject of the riff. The Trump trade on Wall Street is predicting a blue-collar boom for the economy. Since election night, the … Read more
In a recent transaction filed with the Securities and Exchange Commission, Martin William Scott, a director at BancFirst Corp (NASDAQ:), sold 24,607 shares of the company’s common stock. The shares were sold at an average price of $124.6995, resulting in a total transaction value of approximately $3.07 million. Following this sale, Scott holds 224,499 shares … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt is filing for Chapter 11 bankruptcy after Europe’s best-funded start-up and main hope for countering Asian dominance in electric vehicle batteries failed to agree a last-minute rescue package with investors. The Swedish group said … Read more
The Pittsburgh Steelers are firmly in charge of the AFC North this season. The Cleveland Browns are firmly in the basement. That means tonight’s matchup of the division rivals is either going to be a shocker or a massacre. The smart money is on massacre. The Steeler are 8-2, while the Browns are just 2-8. … Read more