Daktronics, Inc. (Nasdaq: DAKT), a dynamic video communication displays and control systems company, announced today that Interim Chief Executive Officer Brad Wiemann and Acting Chief Financial Officer Howard Atkins will represent the company at the Craig-Hallum Capital Group’s 22nd Annual Institutional Investor Conference. The event will take place on Wednesday, May 28, 2025, in Minneapolis, Read More…
Berkshire Hathaway, the conglomerate helmed by legendary investor Warren Buffett, has become the largest private holder of short-term U.S. government debt — and now holds more Treasury bills than even the U.S. Federal Reserve. In its latest earnings report released Saturday, Berkshire revealed it now holds $314.1 billion in short-term Treasuries as of March 31, Read More…
Microsoft the technology titan that reshaped personal computing, celebrated its 50th anniversary on April 4, 2025, reflecting on a storied legacy while charting an ambitious path forward in artificial intelligence and cloud computing. Founded in 1975 by Bill Gates and Paul Allen, the company has evolved from a scrappy software startup to a $3 trillion Read More…
Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…
Shoppers are souring on Lululemon — and the once-thriving yoga chain is meanwhile getting squeezed by new rivals. The pricey retailer known for its $100 leggings has been discounting at “alarming rates” — even as it has been losing customers to competitors, according to new research from investment bank Jefferies. At one location ahead of Read More…
Unilever has appointed a new CEO to lead Ben & Jerry’s as its battle over the ice cream brand’s lefty politics heats up, according to a report Friday. Jochanan Senf, a Dutch Unilever executive who previously managed Ben & Jerry’s Europe business, will start in the new role this month after the British parent company Read More…
NBC’s switch from Lester Holt to Tom Llamas as anchor of “NBC Nightly News” appears to be paying dividends in the ratings, particularly among younger viewers. For the first time since the 46-year-old Llamas took over on June 2, the “NBC Nightly News” episode on Tuesday outperformed ABC’s “World News Tonight with David Muir” in Read More…
President Trump and left-wing billionaire financier George Soros have more in common than previous thought, according to someone who has worked for both men. Treasury Secretary Scott Bessent told an exclusive audience of billionaires at the annual Allen & Co. conference in Sun Valley, Idaho, this week that both men share a common personality trait: Read More…
US stocks fell Friday and the S&P 500 slipped from a record high after President Trump slapped Canada with a 35% tariff and threatened higher levies on most other nations. The S&P 500 plunged 0.4% to 6,253.10 after reaching a new record Thursday of 6,280.46. The Dow Jones Industrial Average lost 262 points, or 0.6%, Read More…
With the Trump-CBS lawsuit out of the way, the $8 billion merger between the network’s parent, Paramount, and independent studio Skydance Media would seem to be a fait accompli. As if anything involving Donald Trump is that easy, On The Money has learned. True, the lawsuit filed by then-president-elect in December alleging that CBS deceptively Read More…
Shares of Tesla are up around 190% during the past five years, almost double that of the S&P 500, which has given its CEO, the voluble and volatile, Elon Musk a lot of room to flout convention. The board of the publicly-traded EV company technically works for its shareholders and because of that share price, it Read More…
Inspired by the success of businesses like MicroStrategy, which has seen its stock surge more than 3,000% since it pivoted to buying Bitcoin instead of developing software, other publicly traded companies are now betting on an even more volatile cryptocurrency: Ethereum. And some taking the risky move are saying it’s a “Chat GPT moment for Read More…
JPMorgan Chase CEO Jamie Dimon slammed Zohran Mamdani as “more a Marxist than a socialist” — and also lashed out at “idiots” in the Democratic Party who focused too much on DEI and not enough on real-world policies. The head of the nation’s largest bank warned against voting for Mamdani, who won the Democratic primary Read More…
The Department of Education announced Wednesday it will restart interest for nearly 8 million student loan borrowers on the SAVE plan starting August 1. That leaves borrowers with just three weeks to weigh their options and switch to a new plan. Payments and interest on the Biden-era plan have been on pause since last summer. Read More…
The leftist New York City mayoral front-runner Zohran Mamdani might not be the business community’s first choice to run the Big Apple, but a growing contingent in Gotham’s fat cat class say they can can change his evil ways – or at the very least work with him to soften his Marxist rough edges, On Read More…
Bill Ackman’s foray into professional tennis was met with widespread ridicule from legends Andy Roddick and Martina Navratilova after the billionaire finagled his way into a doubles match at the hallowed grounds of the International Tennis Hall of Fame. The 59-year-old hedge fund titan — a skilled amateur who also happens to boast a fortune Read More…
A tech watchdog has lodged a formal complaint against OpenAI with the Internal Revenue Service — warning that CEO Sam Altman looks poised to reap a stake worth billions in violation of US tax laws, The Post has learned. The artificial intelligence juggernaut’s board is riddled with conflicts of interest that enable Altman and key Read More…
New York State hasn’t recovered all of the construction lobs it lost during the pandemic shutdown – partly because of less demand for office space, a new report released Thursday said. There is 16,300 fewer construction jobs in the Empire State, 4% lower than before the COVID-19 shutdown — the second lowest recovery among all Read More…
A San Francisco judge on Thursday gave Don Lemon the green light to move forward with his lawsuit against Elon Musk’s X after his show on the platform was abruptly canceled. The former CNN host sued X, its owner Musk and Linda Yaccarino, who quit as CEO on Wednesday, after his content deal was axed Read More…
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be halted. In a Thursday letter obtained by The Post, Office of Management and Budget (OMB) Director Russell T. Vought ripped Powell over the $2.5 billion Eccles Building Read More…
A fifth paralyzed patient has been implanted with a Neuralink chip backed by Elon Musk. Military veteran RJ, also known as “P5,” suffered a spinal cord injury after a motorcycle accident that left him without the use of his arms or legs. Since his surgery in April, when a team of doctors at the University Read More…
SUN VALLEY, Idaho — “Sir, please come with us so we can talk outside,” said one of the two local police officers who suddenly towered over me in the middle of what must have been my fifth double espresso of the day. What could the law want with me, I wondered, as I rose from Read More…
JPMorgan Chase CEO Jamie Dimon said Thursday he thought the financial market was underestimating the possibility of US interest rates climbing higher, a prospect he described as a “cause for concern.” The Federal Reserve last month voted unanimously to leave rates unchanged. Fed Chair Jerome Powell said he expected “meaningful” inflation ahead as consumers pay more for goods Read More…
Manhattan rents continue to soar to new heights. The average rent in June surged 7% year over year to an all-time high of $5,450 as prices increased for the seventh consecutive month, according to the appraisal firm Miller Samuel reported in tandem with realtor Douglas Elliman. The median rent also broke its previous record, Read More…
Daktronics, Inc. (NASDAQ: DAKT), a leading provider of electronic scoreboards, LED video displays, and digital signage, announced it will release its fourth quarter and full fiscal year 2025 financial results on Wednesday, June 25, 2025, before the market opens. The company will host a conference call and webcast at 10:00 a.m. CT the same day Read More…
The U.S. stock market delivered a gripping performance this week, propelled by tech sector strength, a solid jobs report, and flickers of optimism in U.S.-China trade talks, though tariff jitters and uneven economic data kept investors on their toes. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average eked out gains, closing a turbulent Read More…
(The Center Square) – American colleges are not preparing students for the workforce, according to a recent poll, with hiring managers saying many graduates are entitled, easily offended, and on their phones too much. A May release on the Resume.org poll said that “the class of 2025 college graduates [are] entering a difficult job market. Read More…
Daktronics, Inc. (Nasdaq: DAKT), a dynamic video communication displays and control systems company, announced today that Interim Chief Executive Officer Brad Wiemann and Acting Chief Financial Officer Howard Atkins will represent the company at the Craig-Hallum Capital Group’s 22nd Annual Institutional Investor Conference. The event will take place on Wednesday, May 28, 2025, in Minneapolis, Read More…
Berkshire Hathaway, the conglomerate helmed by legendary investor Warren Buffett, has become the largest private holder of short-term U.S. government debt — and now holds more Treasury bills than even the U.S. Federal Reserve. In its latest earnings report released Saturday, Berkshire revealed it now holds $314.1 billion in short-term Treasuries as of March 31, Read More…
Microsoft the technology titan that reshaped personal computing, celebrated its 50th anniversary on April 4, 2025, reflecting on a storied legacy while charting an ambitious path forward in artificial intelligence and cloud computing. Founded in 1975 by Bill Gates and Paul Allen, the company has evolved from a scrappy software startup to a $3 trillion Read More…
Billionaire investor Bill Ackman, through his hedge fund Pershing Square Capital Management, has made a significant move by investing $900 million in Howard Hughes Holdings Inc. (NYSE: HHH), increasing his stake to 46.9% and positioning the real estate developer as a platform for a diversified holding company modeled after Warren Buffett’s Berkshire Hathaway. The announcement, Read More…
DHL Express, the international shipping division of Germany’s Deutsche Post, will suspend global business-to-consumer shipments valued over $800 to individuals in the United States starting April 21. The move comes in response to recent changes in U.S. customs regulations that have increased processing times for high-value shipments. The announcement was posted on the company’s website, Read More…
U.S. banking regulators on Friday approved Capital One’s $35.3 billion acquisition of Discover Financial Services, clearing the way for the creation of the nation’s eighth-largest bank by assets insured by the federal government. The merger, one of the largest in the financial sector in recent years, has drawn sharp criticism from consumer advocates and lawmakers Read More…
Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…
The U.S. stock market endured another turbulent week, with major indexes grappling with persistent volatility driven by ongoing trade policy uncertainties, particularly surrounding President Donald Trump’s tariff announcements. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all posted losses, reflecting investor concerns over the economic fallout from escalating global trade tensions. The week Read More…
The U.S. Federal Trade Commission has taken a preliminary step toward potentially reversing boardroom restrictions imposed on Chevron and Exxon Mobil as part of their recent major acquisitions, signaling a shift from policies enacted under the Biden administration. The restrictions, which were key conditions for approving the oil giants’ multi-billion-dollar mergers, barred specific executives from Read More…
In a dramatic move to get ahead of looming U.S. tariffs, Apple has airlifted approximately 600 tons of iPhones—equivalent to around 1.5 million devices—from India to the United States, according to a report by Reuters. The unprecedented shipment is part of the tech giant’s effort to stabilize supply and avoid potential price hikes that could Read More…
The Center Square) – The U.S. added 228,000 jobs in March, the U.S. Department of Labor reported Friday, nearly double what was forecast. Employment gains occurred in the health care, transportation, warehousing and retail trade industries, according to the Labor department. The overall gains come despite significant layoffs in the federal government under the Trump Read More…
Nissan Motor Co. is considering shifting a portion of its Japan-based production for U.S.-bound vehicles to the United States, amid escalating global trade tensions fueled by President Donald Trump’s renewed tariff policies, according to a report by the Nikkei on Saturday. The move is aimed at avoiding the financial impact of Trump’s aggressive trade agenda, Read More…
(The Center Square) – Live Nation Entertainment, the events giant that operates Ticketmaster, is fighting to hold on to practices that states and the federal government allege are anti-competitive and hurt both fans and musicians. The company recently lost its bid to dismiss a lawsuit filed by the U.S. Department of Justice and a coalition Read More…
OpenAI, the groundbreaking artificial intelligence company, must complete its transition into a for-profit entity by the end of 2025 in order to secure the full $40 billion in funding it is currently raising, according to a person familiar with the matter. The funding round is being led by global technology giant SoftBank. This pivotal transition Read More…
Wells Fargo has officially abandoned its commitment to achieving net-zero emissions by 2050, prompting Montana Attorney General Austin Knudsen to close his investigation into the bank’s Environmental, Social, and Governance (ESG) policies. The move follows a broader controversy over whether financial institutions should consider climate-related targets in their lending practices. The investigation, launched in October Read More…
In a groundbreaking move that fuses artificial intelligence with social media, Elon Musk’s xAI has acquired X, the platform formerly known as Twitter, in an all-stock deal valued at $33 billion. Announced by Musk on X late Friday, the acquisition raises xAI’s valuation to an impressive $80 billion, creating a combined entity that aims to Read More…
Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today released its financial results for the fiscal fourth quarter and full year ended January 31, 2025. For the fourth quarter of fiscal 2025, Titan Machinery posted revenue of $759.9 million, down from $852.1 million in the same period last Read More…