Month: March 2025
Software giant SAP becomes Europe’s most valuable firm amid German stock market boom
A general view of the headquarters of SAP AG, Germany’s largest software company on January 8, 2013 in Walldorf, Germany. Thomas Lohnes | Getty Images News | Getty Images Software-maker SAP became Europe’s most valuable company this week, riding a wave of artificial intelligence enthusiasm and German stock market gains. The company had a market […]
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Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
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Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout
Max Levchin, co-founder of PayPal and Affirm David Paul Morris | Bloomberg | Getty Images Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon add […]
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Stocks making the biggest moves premarket: Carvana, Cloudflare, Pentair and more
Check out the companies making headlines before the bell. UniFirst – The stock tumbled more than 10% after Cintas terminated discussions to acquire the workwear provider in a deal that would have been worth $275 per share in cash. In a statement, Cintas CEO Todd Schneider said, “While we continue to believe in the merits […]
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How the rich use insurance to invest in private credit without steep tax bills
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at […]
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Napster pioneered music sharing over 25 years ago. It just got bought for $207 million
Alexander Pohl | Nurphoto | Getty Images A quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry had come up with a model for the digital age. The service was shuttered in 2001 amid mounting legal battles, and filed for bankruptcy the […]
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Kremlin tight-lipped on ceasefire deal discussions with the U.S. — as Ukraine holds more talks
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters The Kremlin on Tuesday said that it would not disclose the content of ceasefire deal talks with […]
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Kremlin tight-lipped on ceasefire deal discussions with the U.S. — as Ukraine holds more talks
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters The Kremlin on Tuesday said that it would not disclose the content of ceasefire deal talks with […]
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23andMe bankruptcy filing sparks privacy fears as DNA data of millions goes up for sale
With genetic testing company 23andMe filing for Chapter 11 bankruptcy protection and courting bidders, the DNA data of millions of users is up for sale. A Silicon Valley stalwart since 2006, 23andMe has steadily amassed a database of people’s fundamental genetic information under the promise of helping them understand their disposition to diseases and potentially […]
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India eyes tariff cuts on $23 billion of U.S. imports to shield $66 billion in exports, Reuters reports
Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations […]
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