The USTA unveils the largest single investment in U.S. Open history. USTA The  United States Tennis Association announced on Monday it will make an $800 million investment to transform and modernize tennis facilities for the U.S. Open. The project marks the largest single investment in U.S. Open history and will feature a top-to-bottom renovation of […]
USTA to invest $800 million in US Open facilities in New York Read More »
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that
File: ompany logos are displayed at Wynn Macau resort in Macau, China Wynn Resorts is dropping its bid to land a casino license in New York. The company said Monday it’s become clear through the rezoning process that there are better uses for its capital. Wynn had partnered with Related Companies to develop an integrated
Wynn Resorts drops bid for NYC casino license Read More »
After several weeks of sitting stagnant, mortgage rates surged higher Monday following Moody’s decision to downgrade the U.S. credit rating. Bond yields moved higher after the late Friday announcement, and mortgage rates loosely follow the yield on the 10-year Treasury. The average rate on the popular 30-year fixed loan hit 7.04% Monday, according to Mortgage
Mortgage rates cross back over 7% after U.S. credit downgrade Read More »
Wendy McMahon, President and Co-Head of CBS News and Stations. Michele Crowe | CBS | Getty Images CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company’s news division and Paramount Global controlling shareholder Shari Redstone. Paramount Global co-CEO George
Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership Read More »
Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024. Justin Sullivan | Getty Images Bath & Body Works has a new chief executive officer, its second in less than 3 years. The personal care, home and beauty retailer has named Daniel Heaf as its new CEO, effectively immediately,
Bath & Body Works names recent Nike executive as its new CEO, effective immediately Read More »
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal Read More »
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. High earners would get a series of tax cuts in the latest House reconciliation plans , yet many could also be
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike Read More »
A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion —
How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated Read More »
Sopa Images | Lightrocket | Getty Images Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an
Cable companies Charter and Cox agree to merge Read More »
