An Oscar statue is pictured at the red carpet of the 97th Annual Academy Awards at the Dolby Theatre in Hollywood, California on February 28, 2025. Angela Weiss | Afp | Getty Images The 101st Academy Awards will be hosted on YouTube. The Academy of Motion Picture Arts and Sciences announced Wednesday it’s signed a […]
The Oscars are heading to YouTube in 2029 Read More »
Mexican and American flags attached to vehicles at a Tricolor dealership in Houston, Texas, Sept. 11, 2025. Mark Felix | Bloomberg | Getty Images The CEO of subprime auto firm Tricolor directed a deputy to send him $6.25 million in bonuses in August as fraudulent schemes propping up the company unraveled, U.S. prosecutors alleged. Daniel
Shares of U.S. medical supplies giant Medline jumped more than 22% in their debut on the Nasdaq on Wednesday after the biggest initial public offering of the year globally. The stock opened at $35, up from its $29 IPO price. The private equity-owned company sold a little over 216 million shares on Tuesday, raising $6.26
Medical supply firm Medline jumps more than 25% in debut after biggest IPO of 2025 Read More »
The Paramount logo is displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix. Last
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Fernando de Leon,
Why this billionaire real estate developer is waving a red flag over data centers Read More »
Close-up view of a gray Hermes Birkin bag in grained leather, during a photo shoot in Paris, Oct. 28, 2025. Edward Berthelot | Getty Images Entertainment | Getty Images Despite two recent blockbuster auctions for Birkin bags, overall auction prices for the iconic Hermès handbags are falling, according to a study. Earlier this month, a
Birkin bag prices are sinking at auction despite high-profile sales Read More »
Tarek Adieh, of Tampa, Florida, looks at cannabis flower from wholesaler Dep Kings at CHAMPS Trade Show at the Palmer Events Center Thursday, Sept. 11, 2025. Jay Jannar | Hearst Newspapers | Getty Images President Donald Trump is expected to sign an executive order this week that would broadly expand access to cannabis. Industry advocates,
Smith Collection | Archive Photos | Getty Images Pfizer on Tuesday forecast modest 2026 guidance as it looks to longer-term investments in its pipeline to counter waning Covid product sales and declines from older drugs. Those hurdles aren’t surprising or new for Pfizer, which has seen a dramatic decline in Covid vaccine and antiviral sales
Pfizer’s modest 2026 outlook shows its big investments will take time to pay off Read More »
Shoppers carry Macy’s bags outside of Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 28, 2025. Adam Gray | Bloomberg | Getty Images Andre Lewis said he’s “anxious 364 days of the year.” Yet the rideshare and delivery driver wants to make it a special holiday season for his 7-year-old
Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway Read More »
Climate catastrophes like wildfires and severe storms have become more frequent and damaging in the U.S., accounting for 83% of the estimated global insured losses of $107 billion in 2025, according to a new report from Swiss Re Institute. This is the sixth consecutive year that global insured losses have surpassed $100 billion.  The Los
