10 things to watch Friday, July 25 1. Stocks were steady this morning as we head into the last session before the weekend. The S & P 500 posted a slight gain yesterday and closed at a record high. 2. Intel reported a messy quarter. The chipmaker plans to cancel foundry projects that new CEO…
Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments — the first in a string of new…
President Donald Trump on Saturday said the United States had attacked Iranian nuclear sites, pushing America into Israel’s war with its longtime rival and regional power. “A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime, Fordo, Natanz and Isfahan,” Trump said in…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is gearing up to shrink to a tiny version of its former self in an attempt to survive, according to a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email A city once known mainly for Alibaba is now shaping China’s next wave of challengers – from AI and robotics to gaming, spatial computing and neurotech – collectively known as the Six Little Dragons. But is this enough to turn Hangzhou into…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 and Nasdaq were sinking for the third straight session as the rotation out of tech and into the less flashy areas…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A firm, but restrained, market response to a soft PPI inflation print and another monster wave of AI-infrastructure carried Oracle higher. The stock and bond markets have for weeks been signaling they had…
Nandi Owolo’s first foray into junk journaling came by accident. One day in June 2024, Owolo fell while walking her dog. “I started junk journaling because I broke my foot on my birthday, of all days,” she tells CNBC Make It. She was homebound on doctor’s orders for two months of recovery. Then, by way…
Japan Inc. is confronting a ticking demographic time bomb, and private equity players are racing to defuse it. Across the country, ageing business owners are facing a dual reckoning: heirs not interested in taking over the family business, and steep inheritance taxes. For many family businesses, rooted in the tradition of handing over the reins…
Sanae Takaichi, Japan’s economic security minister, speaks during a news conference in Tokyo, Japan, on Monday, Sept. 9, 2024. Toru Hanai | Bloomberg | Getty Images Hardline conservative Sanae Takaichi is almost certain to become Japan’s first female prime minister on Tuesday, after the right-wing opposition Japan Innovation Party, known as Ishin, said it was ready to back her premiership….
