Shares of Eli Lilly and Novo Nordisk dropped Friday, after President Donald Trump said his administration aims to cut the cost of brand name GLP-1 weight loss drugs to $150 per month, a fraction of their current list price. “In London, you’d buy a certain drug for $130 and even less than that … $88 […]
Eli Lilly and Novo Nordisk stocks fall as Trump says he wants $150 price for GLP-1s Read More »
Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters Boeing has won regulator approval to ramp up production of its best-selling 737 Max jetliners to 42 a month, a milestone for the manufacturer nearly two years after the Federal Aviation Administration capped
Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional
President Donald Trump listens during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images Viresh Varma can’t sleep. The CEO of AV Universal Corp., a small footwear company that sells through retailers like Macy’s, Nordstrom and DSW, said he needed to take out a $250,000
Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB20 leads Carlos Sainz of Spain driving (55) the Ferrari SF-24 and Lando Norris of Great Britain driving the (4) McLaren MCL38 Mercedes into turn 1 at the start during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez Peter Fox –
CEO of United Airline Scott Kirby speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty Images United Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues. Despite the funding impasse, essential federal employees including Transportation Security
United Airlines CEO warns an extended shutdown will hurt bookings Read More »
Drazen_ | E+ | 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. Over the next 25 years, more than $120 trillion in wealth will be passed down to inheritors,
Few heirs keep their parents’ wealth advisors — most wealthy benefactors don’t mind Read More »
John Furner, Walmart U.S. CEO, speaks to CNBC’s Sara Eisen during the Invest in America Forum on Oct. 15, 2025. Aaron Clamage | CNBC Manufacturing is seeing renewed attention from corporate America, with Walmart among the major companies publicly reaffirming its commitment to domestic production. At CNBC’s inaugural Invest in America Forum, Walmart U.S. CEO
Top Walmart exec says American manufacturing comeback is real and good for business Read More »
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines on Wednesday forecast higher-than-expected earnings for the fourth quarter after a rocky start to 2025. The carrier expects to Earn between $3 and $3.50 a share
Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO speak during the Invest in America Forum on Oct. 15, 2025. Aaron Clamage | CNBC Wells Fargo CEO Charlie Scharf and Pfizer CEO Albert Bourla sounded the alarm Wednesday over the potential for the the
