business news
Sumitomo Pharma shares plunge 12% despite greenlight for Parkinson’s treatment
Kelvn | Istock | Getty Images Shares of Japanese drugmaker Sumitomo Pharma fell over 12% Friday on what appeared to be profit-taking, a day after the government endorsed the company’s iPS cell-based therapy for Parkinson’s and heart disease. The decision is a milestone in Japan’s years-long effort to cultivate a homegrown sector focused on cutting-edge […]
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Japan inflation falls below BOJ’s 2% target for first time since March 2022
Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate fell to 1.5% in January, its lowest level since March 2022. The reading ended a run […]
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Nvidia is in talks to invest up to $30 billion in OpenAI, source says
Sam Altman, chief executive officer of OpenAI Inc., at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Nvidia is in discussions to invest up to $30 billion in OpenAI as part of a funding round that could value the artificial intelligence startup at […]
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CNBC Daily Open: Private credit fears and U.S.-Iran tensions pressure Wall Street
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 19, 2026. Brendan McDermid | Reuters U.S. markets had a shaky Thursday, pressured by Washington’s escalating tensions with Iran and renewed worries over private credit. White House press secretary Karoline Leavitt said Wednesday that there were “many […]
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Asia-Pacific markets mostly fall, tracking Wall Street losses, as U.S.-Iran tensions take hold
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets were mixed on Friday, after all three major Wall Street indexes declined overnight pressured by a drop in private credit stocks and Iran-U.S. tensions. Prospects of a strike on Iran have […]
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Labor Secretary’s husband barred from HQ after sexual assault claims, NY Times reports
Shawn DeRemer, husband of Lori Chavez-DeRemer, U.S. President Trump’s nominee to be secretary of labor, sits, on the day Chavez-DeRemer testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., Feb. 19, 2025. Kent Nishimura | Reuters At least two female staffers have made allegations […]
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Stock futures are little changed ahead of key economic data, possible tariff court ruling: Live updates
Traders work at the New York Stock Exchange on Feb. 18, 2026. NYSE Stock futures were little changed Thursday night ahead of the release of crucial economic data and a potential key ruling from the Supreme Court on President Donald Trump’s tariffs. Futures tied to the Dow Jones Industrial Average shed 6 points, or 0.01%. […]
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Stocks making the biggest moves after hours: Akamai Technologies, Opendoor, Live Nation & more
Check out the companies making headlines in after-hours trading. Akamai Technologies — Shares of the cloud computing company dropped almost 8% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts […]
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Epstein would ‘name drop’ Trump, Les Wexner says in deposition video
Les Wexner speaks during a deposition about Jeffrey Epstein. Courtesy: GOP Oversight via YouTube Jeffrey Epstein would “name drop” President Donald Trump as one of the many high-profile people he claimed to know, billionaire retail magnate Leslie Wexner said this week in a congressional deposition about the notorious sex offender. The 88-year-old Wexner, who was […]
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When global mobility becomes power: Why some passports open doors and others don’t
Singapore has once again been named the world’s most powerful passport on the Henley Passport Index. But on the Arton Index, it’s tied for second — and on the Nomad Passport Index, it sits at 20th. So, what explains the difference? And what does passport power actually mean? Source
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