Month: November 2024
They’re here to finance climate action. But COP29 is more about bickering.
UNFCCC Executive Secretary Simon Stiell speaks in the early hours at the conclusion of the UNFCCC COP29 Climate Conference on November 24, 2024 in Baku, Azerbaijan. Sean Gallup | Getty Images News | Getty Images Ambitious climate action often requires ambitious financing — be it a clean energy transition project or helping developing countries mitigate […]
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Indian regulator rejects Apple request to put antitrust report on hold
Apple’s first physical retail store is located in the populous city of Mumbai. Punit Paranjpe | Afp | Getty Images India’s antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing the case to continue, an internal order from the regulator seen […]
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CNBC Daily Open: Small- and mid-caps stole the limelight last week
Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? […]
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Asia markets kickstart data-heavy week on strong note with Aussie stocks hitting record highs
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose Monday, with investors awaiting a slew of economic data this week including Korea central bank’s rate decision and India’s third-quarter GDP […]
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Stock futures rise Sunday ahead of shortened trading week: Live updates
Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. NYSE U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Markets are closed on Thursday for Thanksgiving Day and end early on Friday. Dow Jones Industrial Average futures rose […]
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‘We can overcome climate change’: Richard Branson says young people should not be down about the future
The billionaire Virgin founder Sir Richard Branson said younger generations should feel positive about the future — and that they can “achieve an enormous amount.” “Any of us who get ourselves into a position where we can make a difference, however small it is, just shouldn’t waste that position,” he said, speaking to CNBC’s Tania […]
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Some Dems back Trump-pick Rubio for Secretary of State but remain critical of Hegseth, Gabbard and Gorka
A handful of Democrats are sounding their approval of Republican Florida Sen. Marco Rubio as Secretary of State but others continue to doubt some cabinet picks made by President-elect Donald Trump. “I think Marco Rubio is enormously well-qualified for the job for which he’s been nominated,” Democratic Senator-elect from California Adam Schiff said on NBC’s […]
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Junk food lover Warren Buffett’s new pizza investment fits perfectly in Berkshire’s portfolio
Warren Buffett, a celebrated lover of junk food, just bought into a national pizza chain whose shares are trading near their cheapest level of the year. With CEO Buffett at the helm, Berkshire Hathaway bought more than 1.2 million shares of Domino’s Pizza last quarter, a stake worth about $550 million, a recent regulatory filing […]
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‘Wicked’ soars with $114 million domestic opening, ‘Gladiator’ snares $55.5 million
Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal The box office was a popular destination this weekend as Universal’s “Wicked” and Paramount’s “Gladiator II” arrived in cinemas. “Wicked” is expected to snare $114 million during its domestic opening, the highest debut of a Broadway adaptation in cinematic history, according […]
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DOGE coming: Beware these stocks that get the most revenue from the government
Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump’s Department of Government Efficiency, or DOGE, according to TD Cowen. “The announcement of DOGE has led to concerns about future revenue and profitability of USG [United States government] contractors,” analyst Roman Schweizer said in a Friday […]
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