Month: July 2025
Swiss pharma giant Novartis bets on a breast cancer blockbuster as sales rise
Boxes of tablets, produced by Novartis AG, sit on a pharmacy counter. Bloomberg | Bloomberg | Getty Images Swiss pharmaceutical firm Novartis said Thursday that it expects its Kisqali breast cancer treatment to be the next blockbuster drug within its portfolio, as it looks to shift reliance away from its Entresto heart failure therapy. Sales of Kisqali, […]
Read More
Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company
An autonomous robotaxi from Uber’s partnership with Lucid and autonomous vehicle startup, Nuro. Courtesy: Nick Twork | Lucid Uber on Thursday announced a partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear. As part of the partnership, the ride-hailing company is teaming up […]
Read More
United Airlines CEO Scott Kirby: Seeing an uptick in demand for business travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of air travel demand, Q3 forecast, travel around Newark Liberty International Airport, international travel demand, and more. Source
Read More
European companies are jumping on the defense bandwagon as EU plans security splurge
From cruise ships to telecommunications, European companies are finding ways to increasingly pivot to military contracts as they seek to cash in on a defense boom that’s sweeping the continent. Europe’s defense sector has exploded in value this year, with the industry’s publicly listed companies riding a wave of bullish sentiment that has seen some […]
Read More
Disney’s spent 70 years funneling IP into its theme parks. Here’s why it works
General views of Sleeping Beauty Castle at Disneyland on April 06, 2024 in Anaheim, California. Aaronp/bauer-griffin | Gc Images | Getty Images The “Happiest Place on Earth” turns 70 this week. Disneyland, a pillar of the Anaheim, California, community since 1955, was a passion project of founder Walt Disney, a place where adults and their […]
Read More
5 things to know before the stock market opens Thursday
Here are five key things investors need to know to start the trading day: 1. Mixed messages President Donald Trump on Wednesday denied the he plans to fire Federal Reserve Chair Jerome Powell following reports that he told Republican lawmakers that he would. A senior White House official told CNBC that Trump asked House Republicans […]
Read More
Crypto theft is booming as criminals increasingly turn to physical attacks
Key Points So far this year, $2.17 billion has been stolen from crypto services — already eclipsing 2024’s amount, according to a report from Chainalysis. The total amount of crypto stolen from both platforms and individuals is nearing $3 billion amid a spike in attacks on individual crypto wallets. It comes as there have been […]
Read More
Stocks making the biggest premarket moves: PepsiCo, Starbucks, General Electric, Cars.com and more
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.30 per share on revenue of $22.28 billion, according […]
Read More
Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model
Omar Marques | Sopa Images | Lightrocket | Getty Images DeFi Development, a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model. The company plans to partner with others looking to operate their own Solana treasuries with DeFi’s support. In return, DeFi Development will retain an equity stake in […]
Read More
New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites
A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. Maxar Technologies | Via Reuters WASHINGTON — One of the three nuclear enrichment sites in Iran struck by the United States last month was mostly destroyed, setting work there back significantly. […]
Read More