Month: October 2025
Supreme Court rejects appeal of Ghislaine Maxwell for Epstein abetting conviction
Ghislaine Maxwell, longtime associate of accused sex trafficker Jeffrey Epstein, speaks at a news conference on oceans and sustainable development at the United Nations in New York, June 25, 2013 in this screengrab taken from United Nations TV file footage. UNTV | Reuters The Supreme Court on Monday said it would not hear the appeal […]
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Nike’s turnaround will ‘take a while,’ CEO Elliott Hill says
A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike‘s turnaround plan is showing early signs of progress, but it will “take a while” for the company to return to profitable growth, CEO Elliott Hill said in an interview with CNBC’s Sara Eisen aired Monday. “When we […]
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Paul Tudor Jones says ingredients are in place for massive rally before a ‘blow off’ top to bull market
Billionaire hedge fund manager Paul Tudor Jones believes the conditions are set for a powerful surge in stock prices before the bull market tops out. “My guess is that I think all the ingredients are in place for some kind of a blow off,” Jones said on CNBC’s “Squawk Box” Monday. “History rhymes a lot, so I […]
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Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the […]
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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in […]
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Stocks making the biggest moves premarket: AMD, Comerica, Micron Technology & more
Check out the companies making headlines before the bell: AMD — The chipmaker surged more than 23% following a deal reached by OpenAI and Advanced Micro Devices that could see the ChatGPT parent take a 10% stake in AMD. Comerica , Fifth Third Bancorp — Fifth Third Bancorp announced a $10.9 billion all-stock deal to […]
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Nobel medicine prize goes to researchers into immune system precision
Nobel Committee Secretary General Thomas Perlmann (foreground) addresses journalists in front of a screen displaying the portraits of (L-R) Mary E Brunkow, Fred Ramsdell and Shimon Sakaguchi during a press conference where the winners of the 2025 Nobel Prize in Physiology or Medicine are being announced at the Karolinska Institute in Stockholm, Sweden, on October […]
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EU’s von der Leyen confronts fresh no confidence challenges
European Commission President Ursula von der Leyen and NATO Secretary General Mark Rutte hold a joint press statement in Brussels, Belgium on September 30, 2025. Anadolu | Anadolu | Getty Images European Commission President Ursula von der Leyen will face bids to remove her for the second time in three months when hard-right and left […]
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Online holiday spending growth set to slow to 5.3% as shoppers seek discounts
Alistair Berg | Digitalvision | Getty Images Online holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday. Yet that growth would still be slower than the year-ago […]
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BYD’s UK sales soar 880%, making it the EV-maker’s largest market outside China
BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said. Cfoto | Future Publishing | Getty Images Chinese electric carmaker BYD sold 11,271 cars in the U.K. last month, the company said on Monday, representing year-on-year growth of 880%. […]
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