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Billionaire family offices bet on drones, nuclear energy in August

Billionaire family offices bet on drones, nuclear energy in August

Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A […]

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American Eagle says Sydney Sweeney campaign is its ‘best’ to date as it beats earnings expectations

American Eagle says Sydney Sweeney campaign is its ‘best’ to date as it beats earnings expectations

American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations.  The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé

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Florida to end all vaccine mandates, including for schools, first state in the U.S. to do so

Florida to end all vaccine mandates, including for schools, first state in the U.S. to do so

In this photo illustration, Ruth Jones, Immunization Nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center on May 29, 2025 in Miami, Florida. Joe Raedle | Getty Images Florida plans to end all state vaccine mandates, including for children to attend schools, state Surgeon General Joseph Ladapo, a prominent immunization

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NBC touts record NFL season ad revenue, sells out of Super Bowl LX spots

NBC touts record NFL season ad revenue, sells out of Super Bowl LX spots

Rashee Rice #4 of the Kansas City Chiefs reacts with the NBC Sunday Night Football Player of the Game football following the win against the Atlanta Falcons at Mercedes-Benz Stadium on September 22, 2024 in Atlanta, Georgia. Todd Kirkland | Getty Images Sport | Getty Images The NFL season officially starts on Thursday, and Comcast’s

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How one CRE giant is finding undervalued assets in unlikely areas

How one CRE giant is finding undervalued assets in unlikely areas

Las Vegas Skyline Landscape Usa-taro | Istock | Getty Images 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

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Macy’s shares pop 10% as retailer tops earnings estimates, raises outlook

Macy’s shares pop 10% as retailer tops earnings estimates, raises outlook

Scott Olson | Getty Images Macy’s posted second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share,

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Walmart-backed fintech OnePay is adding wireless plans to its everything app

Walmart-backed fintech OnePay is adding wireless plans to its everything app

Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Courtesy of OnePay OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has learned. OnePay

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Holiday spending, especially by Gen Z, is expected to drop this year, survey says

Holiday spending, especially by Gen Z, is expected to drop this year, survey says

Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.  Allen J. Schaben | Los Angeles Times | Getty Images Holiday shoppers expect to trim the tree and their spending this upcoming season, according to a survey by consulting firm PwC. Across generations, consumers said

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Airplane leasing world shrinks with .4 billion takeover of Air Lease

Airplane leasing world shrinks with $7.4 billion takeover of Air Lease

An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Lease, founded by industry mogul Steven Udvar-Házy, agreed to sell itself in deal that would take it private to a group of investors for $7.4 billion,

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