Business
SEC investigates Jefferies over First Brands collapse, report says
The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said […]
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With Trump’s tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?
A woman puts money into a Salvation Army red kettle outside of Giant Supermarket in Alexandria, Virginia on November 22, 2023. Eric Lee | The Washington Post | Getty Images 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 […]
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Apple is challenging India’s anti-trust body over a potential $38 billion fine
The first day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023. Dhiraj Singh | Bloomberg | Getty Images Apple has filed a case in Delhi High Court against the country’s anti-trust body because of how it considers global turnover when calculating penalties. The iPhone maker, which is among the […]
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Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant
The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty […]
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Workday shares sink on subscription revenue guidance concerns
The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday dropped as much as 10% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised […]
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‘Zootopia 2,’ ‘Wicked: For Good’ lead Thanksgiving box office
Disney’s “Zootopia 2” follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down. Disney Moviegoers have plenty to feast on at the box office this Thanksgiving. Disney’s “Zootopia 2” snared $10.2 million in Tuesday previews, the second-highest haul for […]
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Why Medicare price negotiations matter for Novo Nordisk, AstraZeneca, and other European pharma companies
Drug pricing has emerged as a key topic to watch for pharmaceutical companies and investors in 2025. As President Donald Trump pushes for lower medicine prices for Americans, the sector is facing additional pricing pressure from a Biden-era law called the Inflation Reduction Act. The IRA, voted into law in 2022, allows the Centers for […]
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Black Friday is most popular with Gen Z, even as the holiday loses its shine, new survey finds
People shop at a clothing store in Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images Black Friday is proving more popular for younger consumers than for their elders, according to a new report provided exclusively to CNBC. AT&T Business‘ 2025 Holiday Shopping Survey, conducted by Morning Consult, found that […]
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