Business
Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas
Two men sit under a sign of Credit Suisse displayed on a building in Lugano, on June 9, 2023. Fabrice Coffrini | AFP | Getty Images Credit Suisse Services AG will pay about $511 million to settle a criminal case for having conspired with American taxpayers to hide more than $4 billion in at least […]
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Trump signs order to boost domestic drug manufacturing as pharma tariff threat looms
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty Images President Donald Trump on Monday signed an executive order to incentivize drug manufacturing in the U.S., streamlining the path for pharmaceutical companies to build […]
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FanDuel Sports Network touts streaming subscriber growth for regional games
The regional sports networks owned by Main Street Sports Group are winning over streaming subscribers. FanDuel Sports Network, the recently rebranded portfolio of regional channels, said Monday its paid subscribers doubled to nearly 650,000 over a period of eight weeks. The company expects to reach one million direct-to-consumer customers by the end of the year. […]
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Trump to ask Hollywood studios if they’re happy with 100% foreign film tariff idea
U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | Reuters President Donald Trump said Monday that he will ask Hollywood studios if “they’re happy” with his proposal to impose tariffs of 100% percent on foreign-made films. “I’m […]
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Democratic-led states sue to prevent Trump from gutting health agencies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. discusses the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, during a press conference at the Department of Health and Human Services in Washington, D.C., U.S., April 16, 2025. Elizabeth Frantz | Reuters […]
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Trump says U.S. girls ‘could be very happy’ with lots fewer dolls under new tariffs
U.S. President Donald Trump speaks with the media aboard Air Force One as he flies from West Palm Beach, Florida en route to Joint Base Andrews in Maryland, on May 4, 2025, returning to the White House after spending the weekend in Florida. Saul Loeb | Afp | Getty Images President Donald Trump again is […]
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Stocks making the biggest moves midday: Berkshire Hathaway, Skechers, Tyson Foods and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Warren Buffett’s conglomerate saw shares drop more than 4%, retreating from record highs reached on Friday. Monday’s sell-off came after the 94-year-old Buffett announced his intention to step down as CEO. The board voted unanimously on Sunday to make Greg Abel president and […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker’s 2025 guidance and impact of President Donald Trump’s […]
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Hollywood studio stocks briefly fall after Trump proposes foreign film tariff
The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Investors in Hollywood’s top studios and streaming services were trying to make sense Monday of President Donald Trump’s proposed 100% tariff on movies made overseas. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell […]
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Stocks making the biggest moves premarket: Howard Hughes, Sunoco, Netflix and more
Check out the companies making headlines before the bell. Berkshire Hathaway — Warren Buffett’s conglomerate saw shares fall more than 1% in premarket after hitting a record high Friday. The decline came after Berkshire’s operating earnings fell 14% in the first quarter , driven by a 48.6% plunge in insurance-underwriting profit. Buffett also surprised shareholders […]
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