Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million apartment deal in Manhattan's most prestigious condo tower, according to people familiar with the deal.
U.S. retailers could grapple with expenses that are 62% higher than what they spent in the second half of 2020, based on a new forecast from Salesforce.
Indonesia's finance minister Sri Mulyani Indrawati discusses the country's shifting budgetary focus to "protect the people" without sacrificing the economy.
"Once the speculators are blown out … and the stocks that are already down huge start rallying, then we can find a tradeable bottom," the "Mad Money" host said.
"We're seeing an influx of people into the South. It's been very, very positive, and we will continue to see that," First Horizon Bank CEO Bryan Jordan told CNBC.
AMC is taking over the leases of cinemas at The Grove shopping complex and the Americana at Brand. Both locations were formerly operated by Pacific Theatres.
The entertainment industry is in a precarious spot, with studios and movie theater operators at odds about how and when movies should be released in theaters.