The CEO of United Wholesale Mortgage on Wednesday defended a recent controversial move in a crosstown battle with rival Quicken Loans. UWM earlier this month said it would no longer work with any mortgage brokers who also conducted business with Quicken and another competitor, Fairway Independent Mortgage in Wisconsin. “I know how different people want
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WFT owner Dan Snyder, center, before a game between the Washington Football Team and the New York Giants at FedEx Field in Landover, MD on November 8, 2020. John McDonnell | The Washington Post | Getty Images Washington Football Team owner Dan Snyder is close to buying the minority shares of his club for more
Branding for the vaccination program on the clothing of a staff outside a community vaccination center administering the BioNTech Covid-19 vaccine imported by Fosun Pharma in Hong Kong, China, on Wednesday, March 17, 2021. Chan Long Hei | Bloomberg via Getty Images Shares of China’s Shanghai Fosun Pharmaceutical Group fell after Hong Kong and Macao
Jim Cramer on “Mad Money.” Scott Mlyn | CNBC CNBC’s Jim Cramer on Tuesday said the stock market won’t reach a bottom until sentiment finds a low point, akin to how stocks rebounded from the historic coronavirus-fueled plunge last year. ”A year ago, we caught a weird bottom as the market experienced a changing of
Penn National Gaming CEO Jay Snowden told CNBC on Tuesday the company is seeing a strong recovery at its properties as Covid vaccines are making people feel more comfortable returning to casinos. “What we’re seeing right now in the business … is revenues and volumes that I haven’t seen in years. The month of March has
Activists protesting against coronavirus lockdown restrictions in London, England, on December 14, 2020. NurPhoto | NurPhoto | Getty Images LONDON — When the first coronavirus lockdown was imposed across the U.K. exactly a year ago, most would have struggled to conceive that, 12 months on, restrictions on public and private life would still be in
In this article RBLX SNAP U CNBC’s Jim Cramer on Monday endorsed buying shares of Roblox, the online gaming company that began trading publicly earlier this month. “You’ve got my blessing to put on a position in Roblox right now, right here, although I’d like it of course at a much lower level, but this
A healthcare professional draws up a dose of the Oxford/AstraZeneca Covid-19 vaccine at the vaccination centre set up inside Brighton Centre in Brighton, southern England, on January 26, 2021. Ben Stensall | AFP | Getty Images LONDON — The findings of a large U.S. trial have shown that the coronavirus vaccine developed by AstraZeneca and
The Jeep Wrangler Magneto concept is a fully electric SUV based on a two-door 2020 Jeep Wrangler Rubicon. Jeep EMBARGOED FOR 12:01 AM MONDAY, March 22. Jeep has unveiled a new all-electric version of its iconic Wrangler SUV, but consumers will likely have to wait at least a few years to purchase one. The brand
A man walks past a Texas Roadhouse restaurant in Arvada, Colo. Matthew Staver | Bloomberg | Getty Images Texas Roadhouse founder and CEO Kent Taylor died on Thursday, the restaurant chain announced on its Facebook page. He was 65. Taylor died by suicide after a battle with post-Covid-19 related symptoms, including severe tinnitus, the family