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Startup Trunk Tools is using AI to reduce construction errors and waste

Startup Trunk Tools is using AI to reduce construction errors and waste

Business News

A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | 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 […]

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Family offices turn to more structured pay to keep executives for the long term

Family offices turn to more structured pay to keep executives for the long term

Business News

Maskot | Maskot | 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. Family offices are ramping up the war for talent, creating new incentive plans for top executives that

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Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days

Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days

Business News

U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room

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How wealthy yacht buyers plan to avoid the European tariffs

How wealthy yacht buyers plan to avoid the European tariffs

Business News

Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | 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. American boat buyers and European shipyards are scrambling to

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JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan marks 1,000th branch opening since 2018 expansion plans

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A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a

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CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

Business News

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit.  Shares of the retail drugstore chain jumped more than 6% in morning trading Thursday. The company now expects fiscal 2025 adjusted

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Comcast earnings top analyst estimates despite broadband customer losses

Comcast earnings top analyst estimates despite broadband customer losses

Business News

Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segment. Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about

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Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

Business News

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market. 

Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow Read More »

Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity

Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity

Business News

Eli Lilly on Thursday said its blockbuster diabetes drug Mounjaro showed heart health benefits in a late-stage trial directly comparing it to the company’s older diabetes treatment, Trulicity. Mounjaro met the study’s main goal of showing that it wasn’t any worse than Trulicity at treating people with Type 2 diabetes and established cardiovascular disease. But shares

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