Month: January 2026
Eli Lilly plans $3.5 billion manufacturing plant in Pennsylvania to make next-generation obesity injections
Lilly Chair and CEO Dave Ricks speaks during a press conference for Eli Lilly and Company in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Friday said it will spend more than $3.5 billion to build a manufacturing plant in Lehigh Valley, Pennsylvania, that will help make its next-generation obesity […]
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Everything you need to know about Kevin Warsh, Trump’s pick to lead the Federal Reserve
Key Points Kevin Warsh, President Donald Trump’s pick as the next Fed chair, is a central bank veteran, serving during the critical period of 2006 to 2011 that led up to and ultimately through the global financial crisis and the central bank’s efforts to stabilize the economy. Trump cited Warsh’s extensive background in announcing his […]
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Sandisk stock soars 14% after blowout earnings report shows overwhelming AI demand
Sandisk‘s stock popped 14% after the company crushed Wall Street’s fiscal second-quarter estimates, as the artificial intelligence boom sent demand for its chips skyrocketing. The flash storage memory company reported earnings of $6.20 per share, excluding items, blowing past the $3.62 per share expected by analysts surveyed by FactSet. Revenue totaled $3.03 billion, topping a […]
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Luigi Mangione won’t face death penalty in CEO murder case, federal judge rules
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, walks on the day of an arraignment hearing, at New York Supreme Court in New York City, U.S. December 23, 2024. Eduardo Munoz | Reuters Luigi Mangione will not face a possible death penalty sentence in the New York federal criminal […]
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Prediction markets allow trading on Super Bowl commercials, prompting insider trading questions
A detail view of the Super Bowl LX logo on a Santa Clara Valley Transportation Authority (VTA) light rail car on December 29, 2025 in Santa Clara, California. Aaron M. Sprecher | Getty Images Sport | Getty Images A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings […]
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AI industry super PAC raises $125 million in 2025
Mesh Cube | Istock | Getty Images A new super PAC backed by AI companies raised $125 million in 2025 to further its goal of backing candidates who support national AI regulations rather than state-by-state rules. The group, Leading the Future, said it has $70 million on hand at the end of the year after […]
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Trump picks Warsh, Apple earnings, the software bear market and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump has made his decision on who he’ll nominate to be the Federal Reserve’s next chair, and it turns out that it was one of the “Kevins” after all. Stock futures are lower this morning. The S&P 500 […]
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Democratic states seek to hike taxes on the wealthy
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A new “blue wave” of tax hikes on the wealthy is rippling through state legislatures, as Virginia, Washington state, Rhode Island and others […]
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Ford to record $600 million pretax pension charge in fourth quarter
A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other […]
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Hollywood has an IP problem: Box office sales are banking on franchise hits that keep falling flat
Moviegoers will find a wealth of familiar franchises on the big screen this year. It may not be enough to save the box office. New entrants from popular film series dominate the movie slate in the next 12 months. The 2026 schedule features releases from Star Wars, Marvel, DC Comics, Toy Story, Super Mario Bros., […]
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