Business Archives | Page 10 Of 173

SoftBank rides the AI wave as OpenAI lifts Vision Fund to billion gain

SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Japanese giant SoftBank on Tuesday posted a $19 billion gain on its Vision Fund in its fiscal second quarter ended Sept. 30. The broader Vision Fund segment factors in non-investment […]

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CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

Finance News

Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates Read More »

Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand

Business News

DETROIT – Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a “new benchmark for the brand’s design and ambition.” The first-generation Telluride has been a standout success for the South Korean car brand since it launched in 2019, at many times ranking as one of the most highly in-demand

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Private-jet demand is on the rise amid government shutdown, says Flexjet CEO

Business News

A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Demand for flights on private jets has been on the rise during the U.S. government shutdown as commercial air travel headaches have worsened, the CEO

Private-jet demand is on the rise amid government shutdown, says Flexjet CEO Read More »

The Trump administration wants to allow crypto-backed mortgages. Here’s why

Technology News

It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and

The Trump administration wants to allow crypto-backed mortgages. Here’s why Read More »

Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights

Business News

Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., November 9, 2025. Annabelle Gordon | Reuters Flight cancellations were again worsening on Monday as air traffic controller shortages worsened by the longest-ever U.S. government shutdown snarled

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Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

Business News

People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden Week holiday on October 5, 2024, in Chongqing, China. Cheng Xin | Getty Images Restaurant Brands International on Monday announced that it will form a joint venture with CPE, a Chinese alternative asset manager, to

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Government shutdown update, the market’s rough week, PitchBook’s AI tool and more in Morning Squawk

Finance News

Tourists walk past the U.S. Capitol more than a month into the continuing U.S. government shutdown in Washington, D.C., U.S., Nov. 7, 2025. Nathan Howard | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1.

Government shutdown update, the market’s rough week, PitchBook’s AI tool and more in Morning Squawk Read More »

Millionaires value their personal trainers and therapists more than their wealth advisors

Business News

Cg Tan | E+ | Getty Images Millionaires are increasingly dissatisfied with their wealth managers and accountants, but they prize their personal trainers and therapists, according to a new survey. Only a third of millionaires use a wealth advisor for their financial planning and 1 in 5 plan to fire their advisor due to high costs and poor service,

Millionaires value their personal trainers and therapists more than their wealth advisors Read More »

Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk

Business News

US President Donald Trump makes an announcement in the Oval Office of the White House in Washington, DC on Nov. 6, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk that could mark a turning point in how many people can access

Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk Read More »

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