Key Points JLL has a major footprint in the Middle East, managing and leasing properties in Dubai and Abu Dhabi in the United Arab Emirates and in Riyadh, Saudi Arabia. CEO Christian Ulbrich said the business impacts of the Iran war depended on how long the conflict lasted. “It’s a tragedy from a point that…
European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB’s Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, Sept. 11, 2025. Kai Pfaffenbach | Reuters The head of the European Central Bank said Wednesday that policymakers stand ready to hike interest rates even if an expected jump in euro zone…
Hugo Barr, formerly VP of VR at Facebook, has returned to Meta Money Sharma | AFP | Getty Images During Hugo Barra’s first stint at Meta — still known at the time as Facebook — he was a top executive in the virtual reality business. In the nearly five years he’s been gone, Meta’s obsession…
NEW YORK — NEW YORK (AP) — Stephen Colbert, famous devotee to J.R.R. Tolkien’s Middle Earth, is co-writing a “Lord of the Rings” movie with his son. Warner Bros. announced early Wednesday that Colbert will script “The Lord of the Rings: Shadow of the Past” along with series veteran Philippa Boyens and Peter McGee, Colbert’s…
Liverpool star Mohamed Salah announced Tuesday he will leave the English club at the end of the season, marking an earlier-than-planned departure for one of the club’s greatest-ever scorers and soccer’s biggest names. The 33-year-old Egypt forward, who has scored 255 goals in 435 appearances for Liverpool, “reached an agreement” to quit the team a…
Iran will not accept a ceasefire offer from the United States, Iranian state media reported Wednesday. The FARS News Agency state media outlet, citing what it called an informed source, said there have been increased U.S. efforts to put a ceasefire into effect and start indirect talks with Iran to end the war that began…
On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its “next growth phase,” the company said in a statement Wednesday. On shares were down…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I spent yesterday evening at a market technicals event and then went to watch the “Hannah Montana 20th Anniversary Special.” You might call it the best of both worlds. Stock futures are up this morning after a losing day. Here…
Sen. Elizabeth Warren, D-Mass., talks with reporters after a Senate Armed Services Committee closed briefing on the Iran war, in the Capitol Visitor Center on Tuesday, March 10, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren said the Department of Defense has no plan to stop President Donald Trump’s family…
Jerrod Calhoun is returning to the University of Cincinnati after being named the men’s basketball coach on Tuesday. Calhoun, who will be formally introduced on Wednesday, has agreed to a six-year contract, pending board of trustees approval. He will earn $3.7 million in the first year followed by annual raises of $100,000. “It is a…
