Former US President Donald Trump waits for closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, the US, on January 11, 2024. Shannon Stapleton | Reuters A New York judge on Friday ordered Donald Trump to pay The New York Times … Read more
Billionaire hedge fund Bill Ackman, who recently fought a high-profile battle against Harvard University, said Friday he is launching an activist organization to fight anti-Semitism and reform higher education. “It will be a think and do tank. He’s going to be an activist,” Ackman said in an interview with CNBC’s Andrew Ross Sorkin on “Squawk … Read more
Larry Fink, CEO of BlackRock Inc., gestures during a speech at the Handelsblatt Banking Summit in Frankfurt, Germany, on Wednesday. 4, 2019. Alex Kraus | Bloomberg | Getty Images Black stonethe world’s largest asset manager, announced Friday that it is buying Global Infrastructure Partners for about $12 billion in cash and stock. The acquisition is … Read more
CVS Health plans to close select pharmacies inside target stores earlier this year, a company spokesman said Thursday, as retail drugstore chains in the U.S. struggle to boost profits. The closures will begin in February and end by the end of April, the spokeswoman said in a statement. She added that employees affected by the … Read more
Google headquarters in Mountain View, California, on January 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday as the company continues to push for efficiencies and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will affect employees of Google’s hardware … Read more
“For Sale” outside a home in Hercules, California, U.S., Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved slightly higher last week for the second week in a row, … Read more
Nick Laham | Getty Images The National Football League has offered voluntary buyouts to at least 200 employees as it prepares for the start of the playoffs this coming weekend, according to a report obtained by CNBC. The NFL, which has about 1,100 employees, told employees it is “constantly evaluating ways to increase efficiency and … Read more
An American Airlines Airbus 321 sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on July 23, 2023. Daniel Slim | AFP | Getty Images Nice order: American Airlines does not change the requirements to earn elite status with the airline in the upcoming earning year. These thresholds are typically … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in San Francisco, California. Justin Sullivan | Getty Images United Airlines he said Monday that he found several had loose screws on the door plugs Boeing 737 Max 9 aircraft propelled during inspections when a panel of … Read more