The Trump administration’s decision to park $500 million of Venezuelan oil revenue in Qatar raises fundamental questions about the South American nation’s future after the U.S. captured former President Nicolás Maduro. Among them: When will a transition of power take place, who will ultimately govern Venezuela and who controls the country’s vast resources? Right now,…
Novo Nordisk CEO Mike Doustdar. CNBC Novo Nordisk CEO Mike Doustdar on Wednesday said the company is aiming to capture around 15 million new patients, at least initially, when Medicare starts covering obesity treatments for the first time later this year. Around 67 million Americans are covered by Medicare, but “when you take a look…
Kraft Heinz in September 2025 announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Wednesday said it is pausing work on its previously announced plans to split the company. CEO Steve…
FILE PHOTO: E.W. Scripps Co. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 3, 2016. Michael Nagle | Bloomberg | Getty Images E.W. Scripps is setting into motion what it calls a transformation plan for the broadcast station company —…
The Club’s top 10 things to watch Wednesday, Feb. 11 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stock futures rose after the January jobs report showed the economy added 130,000 jobs lasts month, double the consensus estimate of 65,000. The unemployment rate ticked down to 4.3% from…
El Paso International Airport Google Earth The Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday, citing “special security” instructions, and then lifted the order hours later. “The temporary closure of airspace over El Paso has been lifted,” the FAA said in…
Here are the biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Kingsoft Cloud to buy from neutral Goldman says it likes the cloud computing company’s AI investments. “We upgrade Kingsoft Cloud ( KC) to Buy from Neutral as we see the company as a key beneficiary of Xiaomi’s continued stepped-up AI investments to…
The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s, which is set to report earnings after the bell Wednesday, has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which will likely help to boost…
These are the stocks posting the largest moves in early trading. <
Homes in Crockett, California, US, on Thursday, Jan. 22, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates for conventional loans didn’t budge last week, and neither did overall demand, but borrowers are actively seeking other loan products that offer bigger savings. Total mortgage application volume increased 0.3% last week compared with the…
