Uber ex-CEO Kalanick rebrands latest venture Atoms, move into robotics

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Travis Kalanick, chief executive officer of City Storage Systems, during the Future Investment Initiative Institute Priority conference in Miami, Florida, Feb. 21, 2025. Zak Bennett | Bloomberg | Getty Images Uber founder and ex-CEO Travis Kalanick has renamed his latest venture as Atoms and said on Friday that he’s expanding beyond food and into mining […]


Six Flags sells 7 theme parks across US, Canada in $331M move to cut debt

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Six Flags Entertainment will sell off seven of its amusement parks in the United States and Canada to EPR Properties, the company announced Thursday. The company said it would sell off Michigan’s Adventure in Muskegon, Michigan; Schlitterbahn Waterpark Galveston in Texas; Six Flags Great Escape in Queensbury, New York; Six Flags La Ronde in Montreal; Six […]


Baidu plans Hong Kong IPO of AI chip unit Kunlunxin in spin-off move

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A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it […]


UBS is threatening to move to the US. Sound familiar?

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UBS is looking to move its HQ to the US, and the Swiss banking giant has spoken to the Trump administration about it. Sound familiar? That’s what the Financial Times reported this week – exactly two months after On The Money broke the story. The funny thing is, if history is any guide (and if […]


MGM Resorts and Genting are the first to move forward with New York casino licenses

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MGM Resorts and Genting are the first operators to move forward with downstate New York casino license applications. With the latest being that casino applicants in New York might not hear about updates until early next year, MGM Resorts and Genting are now the first operators to move forward to the next stage of the […]


All about ‘yield curves’ – and the big move for stocks they’re pointing to in 2025

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In my 50-plus years of running money, I’ve noticed that the biggest market moves come from factors that have gone unnoticed – and right now, there’s a doozy lurking under the table. Amid all the tariff tumult of the past few months, the global yield curve has been quietly re-steepening. Also note that the previously long-watched […]


Wise to move primary listing to U.S. in blow to London stock exchange

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The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images LONDON — British money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing a fresh blow to the London stock exchange. Wise said in its full-year earnings […]


Trump’s threat might not be enough to move production

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Apple CEO Tim Cook, left center, escorts President Donald Trump as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, Nov. 20, 2019. Tom Brenner | Reuters The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, Trump said he […]


Bitcoin drops, ether slammed after Trump’s tariffs cause global risk-off move

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U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]


Jim Acosta reveals his next move after dramatic CNN exit — and it’s not on TV

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That didn’t take long. Jim Acosta announced his new venture Tuesday — hours after signing off as a CNN anchor with an anti-Trump rant. “Hey guys! I’ve started something new. Go check it out!” Acosta wrote in a post on X, along with a video. His new landing spot will be similar to the route […]