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How family offices bet on sports from fantasy apps to ski resorts
Key PointsA third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon.While billionaire sports-team buyouts get…
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How Iconiq, wealth firm backed by Zuckerberg, brings rich donors together
Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey.Manuel Orbegozo | Handout | ReutersA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert…
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Stocks making the biggest moves midday: PENN, HOOD, LEVI
Check out the companies making the biggest moves midday: Penn Entertainment — The gaming stock dropped more than 5% following the release of weak regional gaming revenue data.…
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IMAX capitalizes on Hollywood’s box office rebound
General atmosphere during an IMAX private screening for the movie "First Man" at an AMC theater in New York City on Oct. 10, 2018.Lars Niki | Getty Images Entertainment | Getty…
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‘Superman’ Thursday previews hit $22.5 million at box office
David Corenswet stars are Superman in Warner Bros.' "Superman."Warner Bros. DiscoveryIt's not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.'…
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FDA to consider drug affordability when speeding up approvals: Makary
The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments, the agency's Commissioner…
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Goldman Sachs autonomous coder pilot marks major AI milestone
The newest hire at Goldman Sachs isn't human.The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the…
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Patrick Mahomes talks Throne Coffee investment, 18 game NFL season
Kansas City Chiefs quarterback Patrick Mahomes has added "coffee entrepreneur" to his already packed resume.The three-time Super Bowl champion has invested in Throne Sport…
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Trump Brazil tariffs could raise coffee prices
President Donald Trump's proposed 50% tariff on Brazilian imports is bad news for coffee drinkers.Brazil, the largest U.S. supplier of green coffee beans, accounts for about a…
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Delta says segmentation coming to high-end cabins
Nurphoto | Nurphoto | Getty ImagesDelta Air Lines is studying new types of airplane tickets — this time in the premium cabins at the front of the plane.Airlines spent years…
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