Month: February 2025
Hasbro says it’s taking steps to offset China tariff impact
The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S. Andrew Kelly | Reuters Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential impact of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro […]
Read More
Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed on Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans. “There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump said during his remarks […]
Read More
Trump says his administration will check Fort Knox ‘to make sure the gold is there’
watch now VIDEO6:2006:20 Alamos Gold CEO John McCluskey on record production, 2025 outlook Squawk Box President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” Trump said […]
Read More
Op-ed: Americans are leaving millions in free money on the table
Every year, millions of dollars in credit card rewards go unclaimed — money that could be covering travel, everyday expenses, or even cash back in your pocket. If you’re not redeeming those rewards, you’re leaving money on the table. As someone who leverages credit card rewards, I was somewhat surprised by the recent Bankrate survey […]
Read More
Eli Lilly aims to invest in ‘big problems hiding in plain sight’ using obesity windfall
Heart disease. Hearing loss. Addiction. Chronic pain. Alzheimer’s. ALS. These are some of the areas where Eli Lilly, flush with cash from its GLP-1 drugs, wants to make big bets. These are the ideas that are “hiding in plain sight,” said Lilly Chief Scientific Officer Dan Skovronsky. They’re places where other pharmaceutical companies might not […]
Read More
From pills to new uses, here’s what Eli Lilly’s top scientist sees as the future of weight loss drugs
Dan Skovronsky knows what makes a good obesity drug. As chief scientific officer at Eli Lilly, he’s already done it once with the company’s weekly shot, Zepbound. He’s trying to do it again with a more convenient daily pill, then repeat the feat with a shot that could be even more powerful than Zepbound. And […]
Read More
Stocks making the biggest moves premarket: Walmart, Hasbro, Shake Shack, Wayfair and more
Check out the companies making headlines in premarket trading. Walmart — The retailer slid 8% after issuing weaker-than-expected guidance. For fiscal 2026, Walmart sees earnings per share ranging between $2.50 per share and $2.60 per share. The company also said it wouldn’t be “immune” to impacts from currently postponed tariffs on Mexico and Canada. Shake […]
Read More
OpenAI tops 400 million users despite DeepSeek’s emergence
Brad Lightcap of OpenAI. Courtesy: OpenAI OpenAI appears to be growing quickly despite increasing competition. The San Francisco-based tech company had 400 million weekly active users as of February, up 33% from 300 million in December, the company’s chief operating officer, Brad Lightcap, told CNBC. These numbers have not been previously reported. Lightcap pointed to […]
Read More
Airbus could bring forward non-U.S. deliveries if Trump tariffs impede trade, CEO says
The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. Stephane Mahe | Reuters Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European planemaker’s imports stateside, CEO Guillaume Faury said Thursday. “We have a large demand from the rest of the world, so [if] we […]
Read More
Chinese smartphone firm Oppo launches slim $1,870 folding phone to rival Samsung, Huawei
Oppo’s new Find N5 folding smartphone on display at a press briefing in London. Ryan Browne | CNBC Chinese smartphone firm Oppo has unveiled its new flagship folding phone Thursday, touting a slimmer body and artificial intelligence-focused features in a bid to compete with high-end foldable devices from the likes of Samsung and Huawei. The […]
Read More