Month: December 2024
France’s political crisis just saw the government ousted — but Paris’ problems have just begun
French Prime Minister Michel Barnier delivers a speech during the debate prior to the no-confidence votes on his administration at the National Assembly in Paris, France on December 4, 2024. Anadolu | Anadolu | Getty Images The toppling of French Prime Minister Michel Barnier’s government Wednesday can be seen as the climax of months of […]
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American Airlines chooses Citi as sole credit card partner, drops Barclays
American Airlines planes sit parked at LaGuardia Airport in New York City, Nov. 27, 2024. Shannon Stapleton | Reuters American Airlines has completed a long-awaited credit card deal with Citigroup, dropping its other partner, Barclays. The airline said Thursday that it expects payments it receives from its co-branded credit card and other partners to grow 10% a year. In the […]
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MLS Commissioner Don Garber talks Apple subscribers, Messi and growth of soccer
Major League Soccer Commissioner Don Garber said the state of soccer in the U.S. is strong and Apple subscriptions are exceeding expectations as the league prepares for the MLS Cup on Saturday. Appearing on the CNBC Sport videocast with Alex Sherman, Garber, who just signed a new contract with MLS through 2027, said more than […]
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Intel adds two new directors with CEO search underway
The logo of Intel is seen during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as the company ramps up the search process for ousted CEO Pat Gelsinger’s replacement. Former ASML CEO Eric […]
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Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters Prescription fills for blockbuster weight loss drugs in the U.S. more than doubled in 2024, even with limited insurance coverage and high out-of-pocket costs for the treatments, according to data released Thursday […]
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Words found on shell casings where UnitedHealthcare CEO was shot dead, senior law enforcement official says
Cups mark the location of shell casings found at the scene where the CEO of United Healthcare Brian Thompson was reportedly shot and killed in Midtown Manhattan, in New York City, US, December 4, 2024. Shannon Stapleton | Reuters Shell casings found at the scene where the UnitedHealthcare CEO was shot dead by a masked gunman in […]
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Stocks making the biggest moves premarket: American Eagle Outfitters, Five Below, MicroStrategy & more
Check out the companies making headlines before the bell. American Eagle Outfitters — Shares of the apparel retailer sank nearly 14% on disappointing holiday guidance . For the period, American Eagle Outfitters expects comparable sales to rise 1% and total sales to decline 4%. That’s below the 2.2% comparable sales growth expected by StreetAccount. Five […]
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OPEC+ members to delay oil production increases
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters The OPEC+ oil producers’ alliance has postponed plans to unwind several formal and voluntary crude production cuts into 2026 amid a lukewarm outlook for […]
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Op-ed: If Trump reverses TikTok ban, donors win and U.S. national security loses
The Washington Post | The Washington Post | Getty Images President-elect Donald Trump was early to warn about the national security dangers posed by TikTok during his first term in office, with rhetoric and policy discussions that framed the social media app within his aggressive anti-China stance. But during the 2024 campaign, Trump seemed to […]
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Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim’s new book on the tech giant
The following is excerpted from the book “The Nvidia Way: Jensen Huang and the Making of a Tech Giant,” written by Tae Kim, a senior technology writer at Barron’s, and publishing Dec. 10 by W.W. Norton & Company. The excerpt is from a chapter about activist hedge fund Starboard Value, founded by Jeff Smith. Early […]
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