Business Archives | Page 7 Of 191

FDA approves first GLP-1 pill for obesity from Wegovy maker Novo Nordisk

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Denmark, Nov. 24, 2025. Tom Little | Reuters The U.S. Food and Drug Administration on Monday approved the first-ever GLP-1 pill for obesity from Wegovy maker Novo Nordisk, a landmark decision that health experts […]

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Space stocks rocket higher as sector optimism gains steam into 2026

Technology News

Firefly’s CEO Jason Kim reacts during the company’s IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Jeenah Moon | Reuters Last week’s liftoff also coincided with President Donald Trump’s “space superiority” executive order, signed on Friday, that aims to create a permanent U.S. base on the moon. Investors have also

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The NBA is pursuing ownership groups for a potential basketball league in Europe

Business News

NBA Commissioner Adam Silver speaks during a news conference following a meeting of the NBA’s board of governors at the Thomas & Mack Center on Tuesday, July 15, 2025, in Las Vegas. (Chase Stevens/Las Vegas Review-Journal/Tribune News Service via Getty Images) Chase Stevens | Las Vegas Review-journal | Getty Images The NBA is looking to

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Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1

Business News

Formula 1 cars and a circuit made with Lego are displayed at the 2025 Canadian International AutoShow at the Metro Convention Centre in Toronto, Feb. 21, 2025. Nurphoto | Getty Images Lego is rebuilding how consumers engage with motorsport brick by brick. In 2025, Lego kicked off a partnership with Formula 1 that brought officially

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Paramount guarantees Larry Ellison backing in amended WBD bid

Business News

US film producer David Ellison arrives for Paramount’s “Transformers: Rise Of The Beasts” premiere in New York City on June 5, 2023. Angela Weiss | Afp | Getty Images Paramount Skydance on Monday guaranteed the backing of billionaire Larry Ellison in an amended offer for Warner Bros. Discovery — a clear response to questions raised

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Tech stocks rebound, Google’s boomerang strategy, Xbox’s slump and more in Morning Squawk

Finance News

Wall Street and Broad St. signs are seen as New York Stock Exchange building decorated for Christmas at the Financial District in New York City, United States on December 16, 2020. Tayfun Coskun | Anadolu Agency | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five

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Uber, Lyft set to trial robotaxis in the UK in partnership with China’s Baidu

Finance News

A Baidu Apollo RT6 robotaxi during Baidu’s Apollo Day in Wuhan, China, on Wednesday, May 15, 2024. Bloomberg | Bloomberg | Getty Images Chinese tech giant Baidu has announced plans to bring robotaxis to London starting next year through its partnerships with Lyft and Uber, as the UK emerges as a growing autonomous vehicle battleground.

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AI was behind over 50,000 layoffs in 2025 — here are the top firms to cite it for job cuts

Finance News

Sad female worker carrying her belongings while leaving the office after being fired Isbjorn | Istock | Getty Images Layoffs have been a defining feature of the job market in 2025, with several major companies announcing thousands of job cuts driven by artificial intelligence. In fact, AI was responsible for almost 55,000 layoffs in the

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

Business News

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

Business News

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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