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James Cameron sends scathing letter to antitrust regulator

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✨ Read this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Canadian director James Cameron poses during a photo shoot for the opening of an exhibition titled "The Art of James Cameron" at the French Cinematheque in Paris on April 3, 2024.Stephane de Sacutin | AFP | Getty ImagesLegendary director of "Titanic" James Cameron likened the theatrical experience to a "sinking ship." Netflix acquires Warner Bros. Discovery Film studio. Cameron wrote a letter to Sen. Mike Lee, R-Utah, last week, which was obtained by CNBC, arguing that Netflix's proposed acquisition of WBD Studios and streaming assets…

United Airlines MileagePlus Update: Lower rewards for non-cardholders

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The NBA is embracing content creators and trying to protect the rights to live broadcast sporting events

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✨ Read this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: The future of the NBA's media strategy was taking shape at All-Star weekend this year.The hype has always been about showcasing the league's best players. But this year, the event was as much about the league's partnership with content creators as it was about the talent on the field.More than 200 global creators participated in the events from Thursday to Sunday, facilitated by the league. It showed that the NBA seems more than happy to partner with content creators rather than restricting their access to…

Furniture retailers face an existential threat

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🚀 Read this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: The US Supreme Court could strike down so-called "reciprocal tariffs" imposed by President Donald Trump as soon as this week. Regardless of the ruling, there is little comfort to be found in the furniture industry. Furniture importers face hefty, and in some cases cumulative, import duties after the industry was hit with higher tariffs on items like sofas, kitchen cabinets and sinks last fall under Section 232 of the Trade Expansion Act.While Trump's "Emancipation Day" tariffs imposed under the International Emergency Economic Powers Act and…

Ultra-rich families are spending more at private investment firms as their wealth rises

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✨ Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Ancient Huang | moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.As the world's richest people invest their wealth, they are spending more to run their own investment companies, according to a recent report from private bank JP Morgan.The bank's survey found that family offices with at least $1 billion in assets spent an average of $6.6 million…

Walmart (WMT) Q4 2026 earnings

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💥 Read this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Walmart It said Thursday that holiday quarter sales rose nearly 6% and its quarterly profit and revenue topped Wall Street expectations as gains in e-commerce, advertising and third-party marketplaces boosted its business.For the current full fiscal year, Walmart said it expects net sales to increase 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. Earnings forecasts fell short of Wall Street's forecast of $2.96 per share, according to LSEG. In an interview with CNBC, Chief Financial Officer John David Rennie…

New Balance 2025 sales jump 19% as the brand takes stake from Nike

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💥 Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: New Balance's sales rose 19% last year to $9.2 billion as the legacy sneaker giant continues to outpace the global footwear market and take share from struggling rivals such as Nike.The 120-year-old Boston-based shoe brand shared its 2025 results exclusively with CNBC. In addition to 2025's sharp growth, the retailer said it could reach its goal of $10 billion in annual revenue by the end of the year."We're competitive. There's no doubt about that. But we want to make sure that when we get there…

Wayfair (W) Q4 2025 earnings

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✨ Discover this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Wayfair store in Wilmette, IL.Courtesy: WayfairWayfairThe retailer announced Thursday that its annual sales grew last year for the first time since 2020 as the online furniture company continues to attract value-seeking consumers. In 2025, Wayfair's revenue grew 5.1% to $12.5 billion. The gains follow a decline of more than 1% year-on-year in 2024.The e-commerce giant also beat Wall Street expectations at the top and bottom of its fiscal fourth quarter and delivered better-than-expected adjusted earnings with stronger sales flowing into the business.“The fourth quarter capped…

The head of the Food and Drug Administration warns that the United States is losing ground to China in early drug trials

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Seattle Seahawks begin selling process after Super Bowl win

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✨ Explore this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Dareke Young #83 of the Seattle Seahawks celebrates with teammates during the third quarter of the NFC Championship game against the Los Angeles Rams at Lumen Field on January 25, 2026 in Seattle, Washington. Jane Gershovich | Getty ImagesThe Seattle Seahawks are officially for sale.The NFL team, which defeated the New England Patriots in Super Bowl 60 earlier this month, announced Wednesday that it has begun a process through which it can sell the franchise. The operation, led by investment bank Allen & Company and…