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Rockefeller Capital secures backing from Chanel dynasty’s family office and others

Rockefeller Capital secures backing from Chanel dynasty’s family office and others

Greg Fleming, Rockefeller Capital Management president and CEO, speaks during CNBC’s ‘Squawk Box’ on July 10, 2025. CNBC Rockefeller Capital Management, the wealth manager born from John D. Rockefeller’s family office, has raised new funds from investment firms of other ultra-rich families, CNBC has learned. On Tuesday, Rockefeller plans to announce the recapitalization and its

Rockefeller Capital secures backing from Chanel dynasty’s family office and others Read More »

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box on April 22nd, 2025. CNBC Goldman Sachs reported third-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: $12.25, vs. expected $11 a share Revenue: $15.18 billion, vs. expected

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading Read More »

GM to take .6 billion charge related to EV pullback

GM to take $1.6 billion charge related to EV pullback

A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025.  Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out

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Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Dana Walden and Josh D’Amaro. Michael Buckner | Errich Petersen | Getty Images As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO. Disney has publicly stated it will name Iger’s successor

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea Read More »

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings per share: $4.84, according

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects Read More »

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

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

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

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

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

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

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

Airlines tell passengers to prepare for delays as government shutdown continues Read More »

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