The UnitedHealth logo on a laptop arranged in New York, US, on Friday, July 7, 2023. Gabby Jones | Bloomberg | Getty Images UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most […]
American Airlines shares slumped Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and it reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that continued
American Airlines scales back 2025 profit outlook as third-quarter forecast falls short Read More »
Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have
Family office deal-making has fallen this year as investors wait for clarity Read More »
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here’s how the company did in comparison
IBM results beat expectations as the company pushes up full-year guidance Read More »
A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Mark Abramson | Bloomberg | Getty Images Toy and gaming giant Hasbro topped Wall Street expectations for the second quarter as strength in its digital gaming
Christina Cacioppo, co-founder and CEO of Vanta, speaks at the TechCrunch Disrupt conference in San Francisco on Oct. 29, 2024. David Paul Morris | Bloomberg | Getty Images Vanta, a startup with software for managing compliance with cybersecurity and privacy standards, said Wednesday that it closed its latest fundraising round at a roughly $4 billion
CrowdStrike-backed compliance startup Vanta valued at $4 billion in new funding round Read More »
Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back the
McDonald’s revamped Snack Wraps are winning over customers Read More »
The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings. but the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG
Texas Instruments’ stock falls on weak forecast Read More »
The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage”
GM says EVs are its ‘North Star’ as legacy automaker chases Tesla Read More »
A Kohl’s store in Pleasant Hill, California, US, on Monday, Nov. 25, 2024. Kohl’s Corp. is expected to release earnings figures on November 26. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged on Tuesday morning in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more
Shares of department store Kohl’s surge 30% in wild trading Read More »
