George H. Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution…
The earnings season that kicks off next week looms large for stock pickers, and could cement the recent broadening out of the bull market. Inflation data is also on the docket. The 2026 stock market that’s taking shape is looking different from what came before. While the S & P 500 is widely forecast on Wall…
U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump said Friday his administration will take action on Greenland “whether they like it or not,” further escalating his rhetoric as…
President Donald Trump is meeting Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. The CEOs of Exxon, ConocoPhillips, Shell and a representative from Chevron are attending, sources told CNBC’s Brian Sullivan. Representatives…
President Donald Trump in a social media post Thursday evening indirectly revealed data from Friday’s market-moving nonfarm payrolls count, an apparent violation of long-standing federal policy on statistical releases. In a Truth Social post around 9 p.m. ET, the president indicated that private sector payrolls had expanded by 654,000 for the full year of 2025,…
Heidi Overton, Novo Nordisk CEO Maziar Mike Doustdar, Eli Lilly CEO David A. Ricks, and U.S. Secretary of Commerce Howard Lutnick listen while U.S. President Donald Trump announces a deal with Eli Lilly and Novo Nordisk on to reduce the prices of GLP-1 weight‑loss drugs during an event in the Oval Office at the White…
The Camp Jeep outdoor terrain at the New York International Auto Shown on April 16, 2025. Danielle DeVries | CNBC DETROIT – Stellantis is scrapping its plug-in hybrid electric Jeep SUVs and Chrysler minivan amid slowing EV sales, quality issues and weakened federal fuel economy requirements. The automaker on Friday said the decision to end…
A ‘For Sale’ sign is posted beside property for sale in Alhambra, California. Frederic J. Brown | AFP | Getty Images Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds….
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, Sept. 15, 2021. Smith Collection | Gado | Getty Images Amazon announced Friday it now offers Novo Nordisk‘s Wegovy weight-loss pill through its digital pharmacy. Novo Nordisk began rolling out an oral version of its injectable obesity drug Wegovy in the…
Nike caught a downgrade from a Wall Street firm — a move Jim Cramer dismissed as pointless. Needham said Thursday it was “stepping to the sidelines” until it had greater clarity of Nike’s turnaround under new CEO Elliott Hill, downgrading the stock to a hold from buy. The analysts said Hill is doing the right…
