business news
Three Silicon Valley engineers charged with stealing Google trade secrets and sending data to Iran
People walk near a sign outside of Google headquarters in Mountain View, California. Justin Sullivan | Getty Images News | Getty Images A federal grand jury indicted three Silicon Valley engineers on charges of stealing trade secrets from Google and other technology companies and transferring sensitive data to Iran, prosecutors said Thursday. Samaneh Ghandali, 41, […]
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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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