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CNBC’s Inside India newsletter: India’s ‘back offices’ are evolving into leadership hubs for global companies
The SAP Labs India Pvt. office in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful […]
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Retailers are raising prices to meet tariffs. Amazon is hiking more than others
The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023. Michael Kappeler | Picture Alliance | Getty Images Tariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation. While many are navigating the change with limited price increases, […]
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Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images With OpenAI’s recent release of its AI browser, the historic level of capital expenditures being made in the current AI arms […]
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Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant
Justin Sullivan | Getty Images Instacart on Tuesday launched a suite of artificial intelligence tools for grocers to deliver more personalized shopping experiences and improve retail operations. CEO Chris Rogers told CNBC that the announcement is a major step forward in the company’s enterprise strategy, which has grown to power hundreds of digital storefronts. “It’s […]
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Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance […]
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Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar
Lilly Chair and CEO Dave Ricks speaks during a press conference for Eli Lilly and Company in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to see strong demand for its blockbuster […]
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Chinese companies have begun to dominate Southeast Asia’s online shopping market
Key Points In Indonesia, Thailand and the Philippines, Chinese e-commerce players have quickly come to dominate around half of the online shopping market, Bain and Company said in a report Thursday. “Far from being killed by tariffs, the internationalization of Chinese retail is entering a new phase,” the consulting firm said. The findings come as […]
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How a lapse in SNAP benefits could affect consumers and retailers
A man holds a sign reading “SNAP Feeds Families,” as food aid benefits will be suspended starting November 1 amid the ongoing U.S. government shutdown, during “A Rally for SNAP” on the steps of the Massachusetts Statehouse in Boston, Massachusetts, U.S., October 28, 2025. Brian Snyder | Reuters Nearly 42 million Americans are days away […]
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Eli Lilly, Walmart to offer first retail pickup option for discounted vials of weight loss drug Zepbound
The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly and Walmart on Wednesday said they have teamed up to expand access to the drugmaker’s weight loss drug Zepbound, allowing U.S. patients to get vials […]
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World’s largest sovereign wealth fund gains 5.8% in third quarter
Norges Bank Kristian Helgesen/Bloomberg | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund — the largest of its kind in the world — on Wednesday reported a 5.8% return during the third quarter, powered by strong stock market gains across mining, telecommunications and financial services. Norges Bank Investment Management (NBIM) manages the fund on behalf […]
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