Christopher Palmeri

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Peltz's Disney Bet Makes More Than $150 Million In Three Months

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Nelson Peltz of Trian Partners has been pushing for restructuring changes at the media company.

Ackman Loses More Than $430 Million On 3-Month Netflix Bet

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Netflix shares plunged after the streaming TV pioneer reported an unexpected drop in subscribers.

Flush With Cash, California Has Problems That Are No Quick Fix

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Some of the state's most pressing problems can't be solved by the budget alone.

Eli Broad, Los Angeles Philanthropist With Art Trove, Dies At 87

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Broad founded two Fortune 500 companies before becoming one of America's most prominent philanthropists.

L.A. Set To Be Largest City To Offer Guaranteed Income For Poor

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One in five of Los Angeles's nearly 4 million residents are barely able to make ends meet.

Connecticut Could Have Sports Betting By Football Season

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Casino-operating Indian tribes will be able to share the ability to offer sports betting with the state lottery.

Apollo Bets A New Roaring '20s Will Revive Vegas After Vaccines

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A year into the pandemic, America’s gambling capital is trying to crawl back from one of its deepest slumps ever.

U.S. States Ease Covid Restrictions As Variants Take Hold

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The shift comes as new Covid-19 cases and hospitalizations decline, even as new variants set off alarms.

Covid's Persistence Leads GOP, Democrats To Same Half Measures

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More Republican-led states, including New Hampshire and Iowa, have introduced mandatory mask wearing.

James Murdoch Quits News Corp. Board Over Editorial Content

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Murdoch became critical of the organization's conservative voice.

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