Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually, following several years of hurdles. Panera Brands CFO Paul Carbone will step in as interim chief executive while the board…
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny. The move comes at a time when the licensed visual content industry is facing threats from…
Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her agency with a “sweetheart deal.” But, “I can’t predict what future people in my position are going to do,” Khan said on CNBC’s “Squawk Box.”…
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing…
The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker. President Joe Biden blocked the deal between U.S. Steel and Nippon Steel on Friday, citing national security concerns after a key…
In this video, after a general market and sectors review, Tony shares the latest OptionsPlay trade ideas, including bullish and bearish ideas for GOOGL, NVDA, DIS, SHOP, and many more. He analyzes sector rotation with RRGs, and takes a look at key earnings. This video premiered on January 7, 2025.
On Tuesday, January 7, 2025, CES (Consumer Electronics Show) 2025 opens its doors in Las Vegas for a four-day event. As the world’s largest technology expo, CES is the hub for global tech innovation, spotlighting the cutting-edge advancements that will define tech trends in the year ahead. Two key drivers…
President-elect Trump reiterated that ‘all hell will break out’ if the hostages still held in Gaza have not been freed by the time he enters office in two weeks on Jan. 20. Trump was asked about the threats he first levied in early December at the Hamas terrorist organization that…
House Republicans are pushing to abolish the Bureau of Alcohol, Tobacco and Firearms (ATF) ahead of President-elect Donald Trump taking office later this month. Rep. Eric Burlison, R-Mo., is unveiling the bill on Tuesday and already has several co-sponsors in Reps. Lauren Boebert, R-Colo., Mike Collins, R-Ga., Bob Onder, R-Mo.,…
President-elect Donald Trump is keeping up his push to make Canada the United States’ 51st state. ‘Canada and the United States. That would really be something,’ Trump said Tuesday at a news conference at his Mar-a-Lago resort in Palm Beach, Florida. ‘They should be a state.’ Trump highlighted that if…