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Inside the dealmaking that pushed Trump to reclassify pot, expand access

President Donald Trump’s move Thursday to sign an executive order easing federal restrictions on marijuana — and clearing the way for a Medicare pilot program covering CBD — caps a coordinated, yearlong push by the cannabis industry that combined traditional lobbying, sizable political donations, data-driven messaging and direct outreach to the president’s inner circle, industry […]

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Shoppers are focusing on quality, not deals, in the final days before Christmas

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While discounts drive purchasing in the early days of the holiday shopping season, consumers are shifting into more thoughtful, quality gifts in the back half of the season as total spending growth slows. U.S. consumers had spent $187.3 billion so far online between Nov. 1 and Dec. 12, up 6.1% from the same stretch last

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Nine of the largest pharma companies ink deals with Trump to lower drug prices

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President Donald Trump signs an executive order aimed at reducing the cost of prescription drugs and pharmaceuticals by 30% to 80% during an event in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images Several of the largest U.S. and European-based drugmakers inked deals with

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UnitedHealth Group commits to improvements after independent audit, patient backlash

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UnitedHealthcare sign is displayed at its office building in Minnetonka, Minnesota, U.S., Dec. 11, 2025. Tim Evans | Reuters UnitedHealth Group on Friday released the first results from a sprawling independent audit of its business practices and committed to a wide range of steps to track and implement improvements in three specific areas. The health-care

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Trump’s ‘Gold Card’ defines wealth as an ‘extraordinary ability.’ Immigration experts say it raises questions

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President Donald Trump’s new “Gold Card” visa program uses a novel definition of wealth as a job skill to allow the overseas wealthy to bypass immigration rules and secure citizenship, according to immigration attorneys. Trump last week announced the start of applications for the “Trump Gold Card,” a new investment visa for foreign nationals. In

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Nike tops earnings estimates as rising North America sales help to offset China weakness

Business News

A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike on Thursday posted quarterly earnings and revenue that topped Wall Street’s estimates, as strength in North America helped to offset a plunge in China sales. Here’s what Nike reported for its

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Trump signs executive order reclassifying cannabis, opening door to broader weed access

Business News

U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025. Evelyn Hockstein | Reuters President Donald Trump signed an executive order Thursday directing federal agencies to reclassify marijuana, loosening long-standing restrictions on the drug and marking the most consequential shift in

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American Airlines no longer lets basic economy flyers earn miles

Business News

American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer Earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and

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American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside

Business News

The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a

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Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound

Business News

The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly on Thursday said its closely watched obesity pill helped patients maintain the majority of their weight loss after they switched directly from taking the company’s

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Shoppers are focusing on quality, not deals, in the final days before Christmas

Nine of the largest pharma companies ink deals with Trump to lower drug prices

Trump’s ‘Gold Card’ defines wealth as an ‘extraordinary ability.’ Immigration experts say it raises questions

Nike tops earnings estimates as rising North America sales help to offset China weakness

American Airlines no longer lets basic economy flyers earn miles

American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside

Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound

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