Breaking News: Business Archives

Stellantis stock off 43% as Jeep maker turns five, executes turnaround

Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, November 21, 2024. Etienne Laurent | AFP | Getty Images DETROIT — Five years after the transatlantic automaker Stellantis was formed through a merger, […]

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Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch

Business News

A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, US, on Thursday, Jan. 15, 2026. George Frey | Bloomberg | Getty Images Shares of Novo Nordisk rose more than 5% on Friday after early prescription data showed an encouraging start to the U.S. launch of the company’s new GLP-1 pill

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This pharma stock just got whacked — there’s still a major catalyst ahead

Finance News

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were climbing on Thursday led by semiconductors and AI-related names. Taiwan Semiconductor rallied more than 5% after reporting strong fourth quarter results and forecasting higher

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Amazon threatens ‘drastic action’ after Saks bankruptcy, says 5M stake is now worthless

Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Business News

Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of Dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7

Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless Read More »

How the Buffett family plans to give away more than 0 billion

How the Buffett family plans to give away more than $150 billion

Business News

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. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett,

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Spotify hikes U.S. Premium subscription price months after last rate increase

Technology News

Muhammed Selim Korkutata | Anadolu | Getty Images Spotify Premium subscriptions are getting more expensive. The subscription price will rise from $11.99 per month to $12.99 per month in the U.S., Estonia and Latvia for the February bill, the streaming platform said in a blog post. Users will get an email with the update sometime

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Commercial real estate deal-making slows again in November

Business News

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. For the second

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How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’

Business News

An entrance to the Saks Fifth Avenue flagship store in New York on Jan. 14, 2026, after the company filed for bankruptcy protection. Brendan Mcdermid | Reuters For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities

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Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

Business News

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, November 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled maker of Jeep, Ram and Dodge vehicles in the U.S. after years of market share declines. Filosa has been undertaking a turnaround

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Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images

Technology News

In this photo illustration, a person holds a smartphone showing Ani, a virtual anime-style assistant character featured in the Grok 4 AI chatbot developed by xAI, with the Grok logo visible on a screen in the background on July 16, 2025 in Chongqing, China. Cheng Xin | Getty Images Elon Musk’s xAI is now facing

Elon Musk’s xAI probed by California DOJ over Grok’s deepfake explicit images Read More »

Stellantis stock off 43% as Jeep maker turns five, executes turnaround

Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch

This pharma stock just got whacked — there’s still a major catalyst ahead

Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Spotify hikes U.S. Premium subscription price months after last rate increase

Commercial real estate deal-making slows again in November

How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

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