“Shark Tank” star Barbara Corcoran sold her real estate firm for $66 million, a number she chose out of luck, without knowing her company’s worth. Here’s how.
Job openings fell more than expected in March to lowest in nearly two years
The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging “inflated” asset valuations, among other reasons.
Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs
For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that’s dragging on for longer than expected
Chegg drops more than 40% after saying ChatGPT is killing its business
Chegg beat first-quarter expectations on the top and bottom lines, but issued a weak second-quarter revenue outlook.
Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec
Vijay Ayyar, Luno’s vice president of corporate development and international, resigned from the firm after seven years working there.
Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more
These are the stocks posting the largest moves in the premarket.
Income migration doubled during pandemic from high- to low-tax states, IRS report finds
New data from the Internal Revenue Service shows the Covid-19 pandemic doubled the flight of the wealthy out of New York and California in 2021. CNBC’s Robert Frank joins ‘Squawk Box’ to report on the great income migration.
‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments
JPMorgan Chase CEO Jamie Dimon’s assertion that turmoil in the banking sector was effectively ended by the resolution of First Republic may be premature, one analyst has suggested.
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not “falling off a cliff.”