Year: 2025
ESPN inks five-year deal for WWE’s live premium events including WrestleMania, Royal Rumble
Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. Georgiana Dallas | WWE | Getty Images The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of U.S. rights to the […]
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Novo Nordisk doubles down on Trump-friendly sales strategy
Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Wegovy-maker Novo Nordisk said Wednesday that it was doubling down on direct-to-consumer sales as it contends with copycat compounders and Washington’s demands for lower domestic drug prices. Chief Financial Officer Karsten Munk Knudsen […]
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Uber beats on revenue, announces $20 billion stock buyback
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per […]
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Trump is hailing the EU’s $600 billion investment pledge — but it might never happen
Key Points President Donald Trump is putting pressure on the European Union to make investments worth $600 billion in the U.S. The pledge is part of the EU-U.S. trade agreement, which also includes 15% tariffs on EU goods. The EU has said the investment will come from the private sector. U.S. President Donald Trump is […]
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Trump’s love affair with the EU’s $750 billion energy promise is built on shaky ground
U.S. President Donald Trump says the European Union ‘s $750 billion energy pledge will help to revitalize the world’s largest economy, although analysts question whether the 27-nation bloc’s target is in keeping with market reality. Speaking to CNBC’s ” Squawk Box ” on Tuesday morning, Trump lauded recent trade deals with both the EU and […]
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Musk says Tesla is training an upgraded Full Self-Driving model which could be released next month
The Tesla Motors Inc. logo. Michael Short | Bloomberg | Getty Images Tesla is now training a new Full Self-Driving model boasting “big” video improvements and size upgrades, CEO Elon Musk said Wednesday on social media. “Tesla is training a new FSD model with ~10X params and a big improvement to video compression loss. Probably […]
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CNBC’s The China Connection newsletter: Beijing wants more babies — are businesses ready for Gen Z parents?
This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Like what you see? You can subscribe here. A parent walks down the street holding a child in Hangzhou, China, on Jan. 17, 2025. Costfoto | Nurphoto | Getty Images […]
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From ‘great friend’ to ‘tariff king’: The changing shades of the U.S.-India relationship
In February, U.S. President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm greetings and bear hugs , and pledged to pursue an early trade agreement. Now, six months on, that goodwill has soured. Trump labels India the “tariff king,” threatens higher levies within 24 hours , and accuses it of fueling Russia’s war […]
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Trump’s tariff playbook comes with a baseball twist
First Lady Melania Trump (C) looks on as U.S. President Donald Trump as he dons his MAGA hat before greeting members of the military and their families during the Military Family Picnic on the South Lawn of the White House in Washington, DC, on July 4, 2025. Brendan Smialowski | Afp | Getty Images Say […]
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Honda Motor quarterly profit halves, missing estimates as U.S. auto tariffs bite
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first-quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with mean estimates from […]
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