Year: 2025
Trump fires Democratic board members of credit union watchdog
Todd Harper, chairman of the National Credit Union Administration (NCUA), during a House Financial Services Committee hearing in Washington, DC, on Tuesday, May 16, 2023. Nathan Howard | Bloomberg | Getty Images The White House has fired two Democratic board members of the National Credit Union Administration, the officials said on Wednesday, as President Donald […]
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Healthy Returns: What drugmakers are saying about Trump’s looming pharmaceutical tariffs
A worker is working on a drug production line at the production workshop of a pharmaceutical company in Meishan, China, on January 30, 2024. Nurphoto | Nurphoto | 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 […]
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Medical product manufacturers are divided over Trump’s tariffs
President Donald Trump’s tariffs are creating a divide in the medical community. Medical devices and protective gear made in China, Mexico and Canada were exempt from duties during the first Trump administration, but so far have not gotten a reprieve from his newest round of levies. While device makers who would take a big hit […]
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Spotify restores service after Wednesday outage
The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify was down Wednesday, with about 50,000 reports of an outage on DownDetector. The company posted an all-clear to Twitter just after noon EDT, thanking listeners for their patience. “Spotify […]
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Scale AI working with Qatar to develop AI agents for education, health care and transportation
Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. Gonzalo Fuentes | Reuters Scale AI is working with Qatar to develop artificial intelligence tools for education, civil service, contact centers, […]
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Heineken initially downplayed tariffs. Now the brewer is concerned
Imported beer, including Heineken, for sale at a store in New York City on April 10, 2025. Timothy A. Clary | Afp | Getty Images Heineken shrugged off the threat of tariffs earlier this year, but now the company is raising more concerns about potential disruptions to its business. In the Dutch brewer’s earnings report […]
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United Airlines tops Q1 estimates, reduces domestic capacity
CNBC’s Phil LeBeau joins ‘Squawk on the Street’ with the latest news from the airlines sector. Source
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Here’s why Americans still love McMansions
The 1980s launched a style of homes that came to be known as “McMansions.” These types of homes have often been criticized for their size, craftsmanship and architectural design. They also developed a reputation for being a bad investment. This is because despite their often luxurious appearance, they are typically built using cheap or mass-produced […]
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AMD expects $800 million hit from U.S. chip restrictions on China
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025. Benoit Tessier | Reuters Shares of Advanced Micro Devices slid more than 5% on Wednesday after the company said it could incur charges of up to $800 million for exporting its MI308 products to China […]
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California suing Trump to stop his ‘unlawful’ tariffs
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton fires. Mandel Ngan | AFP | Getty Images California on Wednesday is set to […]
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