Year: 2025
Apple brings its TV streaming service to rival Android platform
Britt Lower and Adam Scott in “Severance,” now streaming on Apple TV+. Source: Apple TV+ Apple TV+ is now available on Android devices as the iPhone maker on Wednesday released its video streaming service for Google’s mobile computing platform. It’s unusual for Apple to release Android apps. The company typically focuses on software for its own […]
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Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images A Federal Reserve interest rate cut won’t be coming until at least September, if […]
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ESPN host Stephen A. Smith says he would be U.S. president as long as he doesn’t have to campaign
Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.” Yet, the popular television host said it is the campaigning and being a politician that turns him off. “I’m not one of those dudes that’s […]
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Trump froze a bribery law that previously hit suppliers for Elon Musk’s Tesla
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters The anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the Department of Justice and financial regulators to win settlements totaling more than […]
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Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images The Federal Communications Commission has alerted Comcast […]
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Healthy Returns: What to know about Trump’s NIH funding cuts
Biotech researchers. Janiecbros | E+ | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. The Trump administration is trying to implement major funding cuts to the National Institutes of Health that would cap […]
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CVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices
David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s Caremark unit, which are widely accused of inflating prescription medication […]
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The New York Stock Exchange is launching an exchange in Texas
Key Points NYSE Chicago, previously the Chicago Stock Exchange, will soon become NYSE Texas. Last month, TXSE Group announced that it had filed for registration of the Texas Stock Exchange with the Securities and Exchange Commission. Texas has also emerged as a competitor to Delaware as the legal home of major companies. Source
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Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more
Check out the companies making headlines in midday trading. Baidu — The Chinese tech stock added 4% after a source familiar with the matter revealed that Baidu plans to release the next generation of its AI model later this year. The source said that “foundational model” Ernie 5.0 will have “big enhancements in multimodal capabilities.” […]
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Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high
In this article OXY BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s Berkshire Hathaway purchased more shares of Occidental Petroleum after the oil and gas producer tumbled more than 30% from its record high. The Omaha, Nebraska-based conglomerate scooped […]
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