Mark Surman, president of Mozilla Foundation, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters From his small, snow-covered farm outside Toronto, home to cats and a dog, and soon some donkeys, Mark Surman has been laying the groundwork for a fierce…
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan is preparing markets for a possible interest rate hike as soon as next month, sources say, reviving previous hawkish language as worries about sharp yen declines return and political pressure for the bank to keep rates low fades. A…
Blue Owl signage outside the Seagram Building at 375 Park Avenue in the Midtown East neighborhood of New York, US, on Tuesday, Jan. 20, 2026. Bing Guan | Bloomberg | Getty Images The private credit boom is facing a new test after Blue Owl Capital permanently restricted withdrawals from one of its retail-focused debt funds….
Developing a new drug can cost a billion dollars and take more than a decade. That makes investing in new treatments in the rare disease space — where patient populations are small, and the chance of earning a return on that investment even smaller — a risky bet for big pharmaceutical companies. That’s a big…
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with…
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets opened mixed Tuesday, building on a record-breaking rally in global stocks as investors continued to assess ongoing geopolitical tensions…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. The reopening trade…
Reliever Tanner Scott has been removed from the Los Angeles Dodgers’ roster for the remainder of the NL Division Series because of an illness. Scott was replaced by fellow left-handed reliever Justin Wrobleski. Scott has not pitched in the playoffs and would be ineligible for the NL Championship Series if the Dodgers advance, but he…
A Rivian R1S electric vehicle (EV) at a dealership and service center in San Francisco, California, US, on Tuesday, June 3, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – Rivian Automotive reportedly plans to lay off more than 600 people as the all-electric vehicle maker faces growing market challenges. The Wall Street…
U.S. Representative Ro Khanna (D-Calif.) speaks to the media outside of the Chappaqua Performing Arts Center, on the day Bill Clinton appears for a deposition in the House Oversight Committee investigation of late financier and convicted sex offender Jeffrey Epstein, in Chappaqua, New York, U.S., February 27, 2026. Shannon Stapleton | Reuters Sen. Bernie Sanders…
