business news
Palo Alto shares sink 8%, CEO defends cybersecurity’s position as AI hits software stocks
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks CEO Nikesh Arora addressed the recent downdraft in software stocks, telling analysts in […]
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Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
Oil prices rose more than 2% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $1.56, or 2.5%, to $63.89 per barrel. Global benchmark Brent was up $1.61, or […]
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‘Crap’: Stephen Colbert blasts CBS for denying it blocked James Talarico interview from air
“Late Show” host Stephen Colbert on Tuesday night called CBS’ denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration. Colbert’s broadside came hours after CBS […]
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Treasury yields nudged higher as investors await Fed meeting minutes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve’s meeting minutes and key inflation data. The 10-year Treasury yield rose more than 1 basis point […]
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AI-enabled robotics could shift the balance of power in global manufacturing, says CEO of Alphabet company
When low labor costs aren’t the primary driver of manufacturing advantage, the world might experience a dramatic economic shift – and AI could be the key, a key Alphabet executive tells CNBC. Wendy Tan White is CEO of Intrinsic, a portfolio company of Google’s parent. In a Fortt Knox interview last week, she laid out […]
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As Walmart and Target head in different directions, all eyes are on their new CEOs
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. […]
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