Month: January 2026
TikTok agrees to settle as social media addiction trial involving Meta, YouTube moves forward
Thomas Fuller | Lightrocket | Getty Images TikTok has agreed to settle with a plaintiff and will no longer be part of a high-profile social media trial kicking off on Tuesday. An attorney for the plaintiff said the trial, held in Los Angeles Superior Court, will proceed as scheduled against Meta and Alphabet’s YouTube. The […]
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LVMH beats earnings expectations as China recovery mounts
Luxury conglomerate LVMH reported better-than-expected earnings after the bell on Tuesday and a second quarter of organic revenue growth, as the sector’s recovering business in China starts to show up in balance sheets. Organic revenue grew by 1% in the fourth quarter, flat from the same period a year earlier. Over the full year, revenue […]
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Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more
Check out the companies making headlines in midday trading: Amazon — The e-commerce giant said it would sunset its Fresh and Go brick-and-mortar store, marking a pivot in its grocery strategy . Amazon shares rose more than 1% in midday trading, while shares of rival grocers were lower. Kroger and Albertsons shares were both down […]
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Cramer reveals plan for Starbucks stock if it dives after reporting earnings
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are having a mixed session on Tuesday as investors await a slate of earnings this week, including Microsoft and Meta on Wednesday and Apple on Thursday. Meanwhile, the […]
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Trump administration sued over 2 deaths in boat strike off Venezuela’s coast
A priest conducts Mass during a memorial held by family members of Chad Joseph, who believe he was killed in a U.S. military strike on a boat in the Caribbean, at Saint Michael’s Roman Catholic Church in Las Cuevas, Trinidad and Tobago, October 22, 2025. Andrea De Silva | Reuters Family members of two men […]
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GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in the coming years. GM CEO […]
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Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images The value of Tesla’s brand lost $15.4 billion, about 36%, in 2025, marking a third-straight annual decline, according to research and consulting firm Brand […]
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ICE chief ordered to appear in Minnesota federal court, judge threatens contempt ruling
Todd Lyons, acting director of US Customs and Immigration Enforcement (ICE), participates in a television interview outside the White House on Nov. 3, 2025, in Washington, DC. Brendan Smialowski | AFP | Getty Images The top federal judge in Minnesota ordered the acting head of ICE, Todd Lyons, to personally appear in Minneapolis court on […]
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UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO […]
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Humana, UnitedHealth plunge 20% after Trump administration proposes keeping Medicare Advantage rates flat
Stock Chart IconStock chart icon Humana shares in the past day The proposal entails a net average payment increase of 0.09% for Medicare Advantage plans in 2027, according to a release from the Centers for Medicare & Medicaid Services, or CMS, on Monday. That number is significantly less than Wall Street analysts’ expectations that the […]
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