business news

Ackman on Jan. 26 announced he purchased more than 3.1 million shares of Netflix, making him a top-20 shareholder. Source link

The indexes are generally holding Tuesday's pop, rotating away from danger and for now keeping in place the idea that a "higher low" could be in place. Source link

Lululemon is launching a membership program — and it's about more than workout clothes.The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to build a stronger base of loyal customers. The…

Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California.Mario Tama | Getty ImagesProcter & Gamble is expected to report its fiscal third-quarter…

The Chinese economy is "struggling" for now — but it's "not in serious trouble," according to Derek Scissors chief economist at research firm China Beige Book."We're not looking at outright contraction as China suffered in 2020,"…

Computer scientist Gavin Wood coined the term "Web 3.0" in 2014, laying out his vision for the future of the internet.The phrase, also shortened to "Web3," has become an internet buzzword recently with high-profile technologists,…

The Oakmark Funds portfolio manager said Netflix still looks like a good bet despite a big subscriber miss in the first quarter. Source link

One feature of a commonly referenced measure of investor sentiment historically triggers some of the market's best buying opportunities. Source link

The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030.Chris Ratcliffe |…

Mercedes-Benz electric EQS SUVMercedes-BenzMercedes-Benz on Tuesday took the wraps off its new EQS SUV, its first fully electric SUV built domestically for the U.S. market.The vehicle is the sibling of the EQS sedan, released last year,…