Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026….
BAE Systems attracted record orders in 2025, and now the UK defense staple is setting its sights on years of growth amid a global ramp-up in spending. Its shares rose 3.6% on Wednesday after its full-year earnings report showed sales soared 10% last year to reach a record £30.7 billion ($41.7 billion). That helped push…
When low labor costs aren’t the primary driver of manufacturing advantage, the world might experience a dramatic economic shift – and AI could be the key, a key Alphabet executive tells CNBC. Wendy Tan White is CEO of Intrinsic, a portfolio company of Google’s parent. In a Fortt Knox interview last week, she laid out…
RIO DE JANEIRO — Rio de Janeiro’s Sambadrome hosted a glitzy parade Sunday evening celebrating Brazilian President Luiz Inácio Lula da Silva in a year he bids for his fourth inconsecutive term. However, his adversaries are crying foul and seeking legal action against the 80-year-old leader and the samba school, alleging the tribute kicked off…
Giancarlo Stanton feels his Yankees career is lacking. “It’s definitely incomplete,” he said Tuesday ahead of his ninth season in pinstripes. “The point of being a Yankee is being a champion.” Now 36 and entering the final two guaranteed seasons of a $325 million, 13-year contract he signed with the Miami Marlins, Stanton has gone…
Compass Point is adopting a bullish stance on Nebius Group . The firm initiated the artificial intelligence infrastructure stock with a buy rating and price target of $150, implying upside of 54%. Nebius’ advantage comes from the company’s position in scaling in the scarcest part of the software stack — powered data center capacity —…
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images New York-listed shares of British semiconductor firm Arm ticked 1.4% higher in premarket trading on Wednesday, after documents…
ATHENS, Greece — Israeli producer Dana Eden, best known for co-creating the Emmy-winning espionage thriller “Tehran,” has died suddenly in Greece, Israeli public broadcaster KAN said Monday. Eden, 52, was found dead in a hotel in the Greek capital, Athens, a Greek police official said, adding that initial indications suggested she had taken her own…
A judge on Tuesday granted a request for a hearing to learn more about an investigation that led to charges against former University of Michigan football coach Sherrone Moore, who was arrested soon after he was fired for a relationship with his executive assistant. It’s a victory for Moore and lawyer Ellen Michaels, who is…
Bill Ackman ‘s Pershing Square poured hundreds of millions of dollars into Amazon shares as 2025 wrapped up. The fund expanded its stake by more than $865 million, or by 65%, to a value above $2.2 billion in the fourth quarter of last year, regulatory fillings show. Pershing’s Amazon holding is now its third largest,…
