Kevin Dietsch | Getty Images Trump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a fusion power company, valued at more than $6 billion. The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company. The merger would create…
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a…
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted narrowly to cut interest rates on Thursday, in its last monetary policy move of 2025. The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to…
Eli Lilly on Thursday said its closely watched obesity pill helped patients maintain the majority of their weight loss after they switched directly from taking the company’s injection Zepbound and Novo Nordisk’s rival shot Wegovy in a late-stage trial. The company also said it has filed for Food and Drug Administration approval of the daily…
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task…
Don’t count me as someone who thought I’d be putting Trevor Lawrence and Bo Nix into the top 10 of a quarterback rankings just one month before the playoffs. But that’s what I’ve done. And really, that’s because — over the past few weeks — their quality of play has been undeniable. That’s what they’ve…
CNBC’s Jim Cramer reviewed Medline, a medical supplies giant that made its market debut Wednesday, saying that he’d wait for a pullback to buy the stock after shares soared more than 41%. “We had the largest IPO in over four years today, and it generally went pretty darn well,” Cramer said. “In fact, it went…
CEO and President of Warner Bros. Discovery David Zaslav and CEO of Paramount Skydance, David Ellison. Mike Blake | Brendan McDermid | Reuters It’s time for everyone’s favorite holiday tradition — CNBC’s annual anonymous media executive predictions! CNBC spoke with 16 of the most powerful and influential executives in U.S. media, sports and entertainment, who…
Meg O’Neill, chief executive officer of Woodside Energy Group Ltd., attends the company’s annual general meeting in Perth, Australia on Thursday, May 8, 2025. Photographer: Matt Jelonek/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images BP is changing its CEO again, but not its direction. The appointment of Woodside Energy boss Meg O’Neill as…
Virginia Tech introduced James Franklin as its new head coach in November, and now bettors can wager on how successful a Year 1 he will have. While Franklin gets a fresh start in 2026, his coaching career outlook looked less than favorable just two months ago. In his 12th season as Penn State’s head coach,…
