US President Donald Trump (L), backdropped by Turbines at the European Offshore Wind Deployment Centre, also known as the Aberdeen Bay Wind Farm, walks on the first fairway after playing off the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Brendan Smialowski…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Cultural shifts are subtle yet fundamental for any company aiming to succeed beyond its home market. When I visited Chinese electric car company Xpeng‘s new…
Cleveland’s Stephen Vogt won his second straight AL Manager of the Year award and Milwaukee’s Pat Murphy repeated for the NL honor. Vogt received 17 of 30 first-place votes in balloting by the Baseball Writers’ Association of America, beating out Toronto’s John Schneider and Seattle’s Dan Wilson. Voting was conducted before the postseason, and results…
Investors should take advantage of the volatility in artificial intelligence stocks and scoop up shares at a discount, according to portfolio manager Tom Hancock. Hancock, who runs the GMO U.S. Quality ETF (QLTY) , remains bullish on AI-related stocks even as worries mount over a bubble in the sector. Declines in tech stocks put pressure…
Private equity firms are facing a new reality: a growing crop of companies that can neither thrive nor die, lingering in portfolios like the undead. These so-called “zombie companies” refer to businesses that aren’t growing, barely generate enough cash to service debt and are unable to attract buyers even at a discount. They are usually trapped…
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in…
Andrej Stojakovic finished a tough and-1 play to extend the Illinois Fighting Illini’s lead over the Texas Tech Red Raiders. <
Billionaire serial entrepreneur and investor Mark Cuban has some job-hunting advice for his two children — and anyone else who finds themselves looking for entry-level roles — in the age of artificial intelligence. The advice is simple: Prioritize working for a smaller company over fighting for a job at a large corporation. At a big…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Last Friday brought investors in Rightmove a new and unwelcome experience — a violent stock price correction. Shares of the U.K.’s biggest property portal, which hit a record in late July, fell by 28% at one…
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Despite rising trade tensions, Singapore still wants to push ahead with a “multilateral, rules-based trading system,” and sees further cooperation between ASEAN and…
