Democrats plan to force Iran war powers vote next week
[ad_1] U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images Congressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President […]
The NBA doesn’t just want to build a European basketball league — it wants to revolutionize the international pro game
[ad_1] A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBA Commissioner Adam Silver has a new pet project with grand ambitions […]
Warren calls Trump’s bluff on affordability after State of the Union
[ad_1] Ranking member Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Scott Bessent during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Sen. Elizabeth Warren is calling […]
Jeep maker Stellantis posts first annual loss in company history after EV writedowns
[ad_1] Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after posting substantial charges amid a major strategic shift. The multinational conglomerate, which owns […]
Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks
[ad_1] Salesforce CEO Marc Benioff during the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares tumbled 5% in extended trading on Wednesday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections. Here’s how the company […]
Netflix CEO Ted Sarandos to visit White House for talks on WBD deal, report says
[ad_1] Netflix CEO Ted Sarandos speaks during comedian Ricky Gervais’s star unveiling ceremony on the Hollywood Walk of Fame in Los Angeles, U.S., May 30, 2025. Mario Anzuoni | Reuters Netflix CEO Ted Sarandos will head to the White House on Thursday for meetings on his company’s efforts to acquire part of Warner Bros. Discovery […]
European defense companies should step up collaboration to fix ‘fragmented’ sector, Leonardo CEO tells CNBC
[ad_1] European defense companies must take a stronger lead on collaborating to help the continent become independent of the U.S. security umbrella, Leonardo‘s CEO told CNBC. Speaking with CNBC’s “Squawk Box Europe” on Wednesday after Leonardo’s annual results statement, Roberto Cingolani said European defense companies have “all the capabilities and technical skills” and should not […]
Epstein files: Larry Summers to resign as Harvard professor
[ad_1] Former Treasury Secretary and president emeritus and professor at Harvard University, Larry Summers attends the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Larry Summers, the former U.S. Treasury secretary who has been dogged by his past friendship with Jeffrey Epstein, announced Wednesday […]
Mortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines
[ad_1] Prospective buyers arrive during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Mortgage rates dropped sharply last week, and while that helped to prolong gains in refinancing, homebuyer demand seemed unimpressed. Total mortgage application volume was essentially flat, rising just […]
These 4 charts show the scale of Novo Nordisk’s woes
[ad_1] Novo Nordisk was the first company to make a GLP-1 drug for weight loss and became Europe’s most valuable company. But its troubles are stacking up and today the stock trades at just a quarter of what it did at its peak less than two years ago. Pricing pressure, fierce competition, and pipeline setbacks […]