President of Queens' College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022.James Lawler Duggan | ReutersMohamed El-Erian on Tuesday called for Federal Reserve...
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LVMH-backed investor group takes 20% stake in private jet company Flexjet
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California.Kevin Carter | Getty Images News | Getty ImagesAn investment group led by LVMH's private equity arm is buying 20% of private jet company Flexjet, marking the latest push by...
Pepsi introduces prebiotic cola months after Poppi acquisition
Pepsi Prebiotic Cola.Courtesy: PepsiCoPepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall.Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades...
Top Wall Street analysts are confident about the potential of these 3 stocks
Idrees Abbas | SOPA Images | Lightrocket | Getty ImagesThe earnings season is on, and investors are paying attention to how the leading companies are faring. However, tariffs and other challenges remain on the minds of investors.While top Wall Street analysts also watch the quarterly results closely, they generally have...
Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster
Jordi Vidal | Redferns | Getty ImagesAstronomer CEO Andy Byron's controversy went so viral that it sparked millions of dollars in bets on prediction markets over his resignation.On July 16, Byron was caught on camera hugging his human resources director Kristin Cabot on a kiss cam during a Coldplay concert with...