business news
Follow the action as Berkshire’s shareholder meeting marks a new era without Buffett at the helm: Live updates
To watch the meeting in the Mandarin translation, click here. CNBC will be livestreaming the Berkshire Hathaway annual shareholder meeting on Saturday, beginning with a pre-show at 9:15 a.m. ET. Warren Buffett has loomed large at the company’s annual gatherings, and this will be a key challenge as new CEO Greg Abel takes center stage […]
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Musk testimony dominated first week Musk v. Altman. ‘You can’t just steal a charity’
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images A week into the Musk v. Altman trial, which features two towering figures in the tech industry facing off in a case that could have major implications for OpenAI, the plaintiff […]
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Weight loss and hair loss: The growing hair treatment market from GLP-1s
When Branneisha Cooper first began taking GLP-1 injection Mounjaro in late 2022, she heard online that she could experience temporary hair thinning and prepared for the worst. But it would take about a year before she began noticing her hair falling out in clumps. Cooper said it was especially shocking because she has always had […]
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Long-duration equities and renewable energy — four investment strategies from the studio
Key Points Joachim Klement, Head of Strategy at Panmure Liberum believes there are opportunities in long-duration equities such as utilities and real estate. Klement also says higher energy and chip prices will eventually catch up with hyperscalers. Chris Iggo, CIO for Core Investments at BNP Paribas Asset Management sees Japanese equities as being attractive. Iggo […]
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Germany urges stronger European defense after U.S. reduces troops
Soldiers from the US Army in a simulated village during the Combined Resolve “Greywolves” exercise at the US military Hohenfels Training Area in Hohenfels, Germany, on Thursday, April 30, 2026. Photographer: Alex Kraus/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A planned drawdown of U.S. troops from Germany should spur Europeans to strengthen […]
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Spirit Airlines could shut down overnight. Here’s what travelers need to know
Spirit Airlines check-in Kiosks sit idle at Oakland International Airport on August 13, 2025 in Oakland, California. Justin Sullivan | Getty Images Spirit Airlines could shut down as early as 3 a.m. ET Saturday, according to people familiar with the matter. The carrier has failed to secure a financial lifeline to continue operating, though it […]
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Jim Cramer says the market powered through a tough earnings week but ‘that doesn’t mean we’re out of the woods yet’
CNBC’s Jim Cramer said the market just powered through the toughest week of earnings “with flying colors,” but warned that next week could be even more treacherous. “All the big techs did well … Everything connected with the data center went bonkers,” the “Mad Money” host said. However, he cautioned against complacency. “That doesn’t mean […]
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Bard College President Botstein, who was linked to Jeffrey Epstein, to retire, NYT reports
FILE PHOTO: President of Bard College Leon Botstein speaks during the “Changing Landscapes: From the Digital Classroom to the Global Campus” panal during the TIME Summit On Higher Education on Oct. 18, 2012 in New York City. Jemal Countess | Getty Images Bard College President Leon Botstein announced Friday that he will retire, months after […]
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Cautious optimism: Berkshire investors weigh future under new CEO Greg Abel
Key Points Berkshire Hathaway shareholders on Friday expressed confidence in CEO Greg Abel, Warren Buffett’s pick to lead the conglomerate. “Saturday begins the official pivot in Berkshire Hathaway,” said Robert Hagstrom, chief investment officer at EquityCompass Investment Management. “And the whole world is going to get to see it.” Source
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Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel
The Berkshire Hathaway Annual Shareholders Meeting kicks off in Omaha, NE on May 1, 2026. Yun Li | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot […]
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