These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Activist hedge fund manager Dan Loeb is another all star that struggled big time in 2018.
His firm Third Point lost about 6 percent in December alone, bringing its yearly loss to about 11 percent, according to figures obtained by CNBC's Leslie Picker.
Loeb is not alone in losing big money last year. Billionaire manager David Einhorn had a tougher year, with his main hedge fund losing 34 percent in 2018, the worst performance since Einhorn started the firm in 1996. The stock market, stirred by the trade conflicts and worries on a slowing economy, ended 2018 with the down 6 percent.
Prior to 2018, Loeb had nearly doubled the S&P 500′s return for more than two decades. His main hedge fund returned 18.1 percent in 2017, while many of his peers significantly underperformed the market. The fund gained 6.1 percent in 2017.
Third Point has a roughly 7 percent stake in Campbell Soup, which Loeb had been lobbying to add five directors to Campbell's board. The company and Third Point reached a deal to add two of Loeb's nominees to the board and allow the hedge fund to give input on its CEO search.
——CNBC's Leslie Picker contributed reporting.