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Goldman Sachs agrees to acquire  billion VC firm Industry Ventures

Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures

David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in […]

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JPMorgan Chase says it will invest  billion into industries critical for national security

JPMorgan Chase says it will invest $10 billion into industries critical for national security

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take

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Trump reaches deal with AstraZeneca to lower U.S. drug prices

Trump reaches deal with AstraZeneca to lower U.S. drug prices

U.S. President Donald Trump participates in a bilateral meeting with Finland’s President Alexander Stubb (not pictured), in the Oval office at the White House in Washington, D.C., U.S., Oct. 9, 2025. Nathan Howard | Reuters The Trump administration and AstraZeneca announced Friday they have reached an agreement for the U.K.-based pharmaceutical giant to cut drug

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Airlines tell passengers to prepare for delays as government shutdown continues

Airlines tell passengers to prepare for delays as government shutdown continues

The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025. Mario Tama | Getty Images Travelers should prepare for potential flight disruptions this holiday weekend as the government shutdown continues, a group representing the largest U.S. airlines said Friday. Air traffic controller shortages this week delayed flights at some

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NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China

NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China

MACAO — NBA Commissioner Adam Silver said Friday the WNBA could be next to play games in China.  Silver spoke exclusively with CNBC courtside from the first of two NBA games in Macao.  “We have to get through a new collective bargaining agreement with our players,” he said. “But once we do, there’s so much

NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China Read More »

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Lionel Ng | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Moneyed

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option Read More »

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

Morgan Stanley’s office in Canary Wharf financial district on Jan. 30, 2025 in London, UK. Mike Kemp | In Pictures | Getty Images Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts,

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How the world’s 240,000 crypto millionaires are spending their fortunes

How the world’s 240,000 crypto millionaires are spending their fortunes

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of Dollars in

How the world’s 240,000 crypto millionaires are spending their fortunes Read More »

NBA looks to China for growth, renewing a foothold in its second-largest market

NBA looks to China for growth, renewing a foothold in its second-largest market

Michael Porter Jr. #17 of the Brooklyn Nets shoots the ball during practice and media availability as part of 2025 NBA Global Games China at Venetian Arena on October 9, 2025 in Macao, China. Ryan Stetz | National Basketball Association | Getty Images MACAO — The National Basketball Association returns to China for the first

NBA looks to China for growth, renewing a foothold in its second-largest market Read More »

Levi Strauss raises prices, helping to boost profit and outlook

Levi Strauss raises prices, helping to boost profit and outlook

Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results.  During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago

Levi Strauss raises prices, helping to boost profit and outlook Read More »

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