Articles

Dow Jones Newswires: Treasury Wine Estates to buy California’s DAOU Vineyards for $900 million

Treasury Wine Estates will buy California-based DAOU Vineyards for up to $1 billion in a move the Australia-based producer said provides it with scale to launch a future standalone Americas luxury division.

: Zombie pub crawls? Hey, all you adult party monsters: Stop spoiling Halloween for the kids!

Increasingly, the Oct. 31 holiday has been a celebration for grown-ups. But is it losing what makes it special in the process?

Financial Crime: Prosecutors hammer at Sam Bankman-Fried’s credibility in FTX criminal fraud trial

Prosecutors pointed to discrepancies between public comments Bankman-Fried made and decisions taken behind the scenes.

Earnings Results: Pinterest’s stock surges 12% on jump in revenue, earnings

Pinterest executives expect fourth-quarter revenue to grow between 11% and 13%. FactSet analysts expect $978 million in fourth-quarter revenue, or about 11%.

The Tell: Stanley Druckenmiller slams Janet Yellen for ‘biggest blunder in Treasury history’: Failing to lock in rock-bottom interest rates

Treasury Secretary Janet Yellen has some explaining to do, according to billionaire hedge-fund titan Stanley Druckenmiller.

Earnings Results: Wolfspeed’s stock gains as company notches smaller loss than expected

The silicon-carbide company forecast a slimmer loss than expected for its ongoing quarter.

: ‘I went from nearly $21,000 to $0 in a moment’s notice’: How $10M in student loans were canceled for former Morehouse students

The arrangement required cash from an anonymous donor, an activist group and some good will from Morehouse. 

The Ratings Game: McDonald’s set up well for 2024 as digital sales, restaurant growth, ramp up: Wells Fargo

McDonald’s, which reported third-quarter results Monday, is well positioned for 2024, according to Wells Fargo.

: Why aren’t homeowners selling their homes? Hint: It’s not just the ‘lock-in effect’

The 'golden handcuffs' of having a mortgage with a comparatively low rate isn't necessarily why homeowners aren't listing their homes, Fannie Mae says

: AMC shares set for largest percentage gain in more than 3 weeks, boosted by Taylor Swift

AMC is reaping the benefits of “Taylor Swift: The Eras Tour”

Economic Outlook: Caterpillar earnings: What to expect from the construction equipment maker

Caterpillar investors have acted cautiously ahead of third-quarter results due out early Tuesday, but Wall Street analysts have been raising their views.

Economic Report: Treasury cuts its fourth-quarter borrowing estimate

The Treasury Department said Monday it expects to borrow $750 billion in the fourth quarter, $76 billion lower than announced three months ago.
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