A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. For the second…
Here are some of the names making big moves in midday trading. Eli Lilly — Shares of the weight loss drugmaker fell nearly 4% after Reuters reported that a Food and Drug Administration decision on its obesity pill would be delayed until April 10. The drug had been granted an expedited review under a Trump…
U.S. President Donald Trump, in front of U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., delivers remarks at the White House, in Washington, D.C., U.S., Sept. 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Thursday rolled out the broad outline of a health-care plan that the White House claims will…
Nigeria came into the match hoping to go all the way and make amends for the shortcomings that saw them finish second two years ago in the Ivory Coast. However, they were not going to get it easy playing Morocco, who have enjoyed massive home support since the start of the biennial competition. How it…
The media platform founded by Jimmy Donaldson, known as the popular YouTuber MrBeast, is drawing a $200 million investment from Bitmine Immersion Technologies, the world’s leading ethereum treasury company. The Bitmine investment in Beast Industries is designed to back a digital outlet that has more than 450 million subscribers and attracts more than 5 billion…
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBC is about to have itself a “legendary” month. “Legendary February,” a marketing tagline invented…
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7…
A major exchange-traded fund manager suggests the oil trade won’t provide much upside ahead. VanEck CEO Jan van Eck isn’t excited by traditional energy plays, which include the year’s volatile crude trade. “The core ‘Old Energy’ world is just a sideways world right now,” VanEck CEO Jan van Eck told CNBC’s “ETF Edge” on Monday….
Federal prosecutors charged 20 people on Thursday, including 15 former college basketball players, in what they called a betting scheme to rig NCAA and Chinese Basketball Association games. Of the defendants, 15 played basketball for Division 1 NCAA schools as recently as the 2024-25 season. The other five defendants were described by authorities as fixers….
For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities would create a luxury powerhouse strong enough to defy changes dragging down the industry. Instead, Richard Baker’s $2.7 billion acquisition of Neiman Marcus in 2024 ultimately plunged…
