Norfolk Southern’s board is investigating whether CEO Alan Shaw had an inappropriate relationship with the company’s top-ranking lawyer, according to several people with direct knowledge of the board’s thinking, which could create a leadership vacuum at one of the country’s largest railroads.The probe comes less than two years after a…

U.S. Global Investors, Inc. (NASDAQ:GROW) Q4 2024 Earnings Conference Call September 11, 2024 8:30 AM ET Company Participants Holly Schoenfeldt – Director, MarketingFrank Holmes – Chief Executive Officer & Chief Investment OfficerLisa Callicotte – Chief Financial Officer Holly Schoenfeldt [Starts Abruptly] The presenters for today’s program are Frank Holmes, U.S.…

New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to fix its issues abroad, according to an open letter published on Tuesday.”… In some places — especially in the U.S. — we aren’t always delivering,” Niccol…

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris victory — but it appears tight entering the race’s final stretch.The “misery index” is the addition of the unemployment rate to the annualized inflation rate in the U.S. It has…

Thesis Summary Palantir Technologies Inc. (NYSE:PLTR) rallied over 14% on Monday after it was added to the S&P 500 Index (SP500). The stock is up over 30% in the last month, in stark contrast to many other SaaS and AI companies. Palantir has taken it upon itself to prove to…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks on Monday were bouncing back from last week’s sell-off, with the S & P 500 and Nasdaq Composite both solidly in the green. Tech…

Shares of Trump Media by climbed more than 7% Monday, a respite from the stock’s two-months-long losing streak ahead of the date when its majority shareholder, former President Donald Trump, can begin selling his shares.Shortly before 1 p.m. ET, shares of Trump Media were trading at $18.39, up 7.59% from…

Introduction A little more than a year ago, I published an article recommending the stock of Warrior Met Coal (HCC). The stock has done well, nearly doubling along the way to its peak, and still up about 50% after a recent pull-back. Today, I am recommending a similar company, Alpha…

Sen. Bernie Sanders, I-Vt., on Sunday said Vice President Kamala Harris should increase her proposed 28% tax rate on long-term capital gains, marking his latest divergence with the Democratic presidential nominee’s economic platform.”I would go higher than that,” Sanders told NBC’s “Meet the Press” of Harris’ proposed capital gains tax…

It was a rough start to the historically weak month of September on Wall Street. Economic growth concerns and investor trepidation ahead of Tuesday’s presidential debate and the Federal Reserve’s policy meeting later in the month sank the market. For the week: The S & P 500 gave back over…