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Sotheby’s CEO sees ‘very strong demand’ ahead of .4 billion art auctions

Sotheby’s CEO sees ‘very strong demand’ ahead of $1.4 billion art auctions

The fall auction sales in New York next week are expected to top $1.4 billion, marking a 50% increase from last year and a potential rebound for the art market after three years of declines, according to art experts. A star-studded lineup of famous trophy works — from a $150 million Gustav Klimt portrait to […]

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Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images Apple on Thursday said it would cut the company’s App Store fees from 30% to 15% for some app makers, if they enter into a

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Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Verizon chairman Mark Bertolini said Thursday that the company’s new CEO, former PayPal boss Dan Schulman, is working to revive Verizon from its period of share losses under former CEO Hans Vestberg. Bertolini, who is also the Oscar Health CEO and who was named Verizon chairman last month, told CNBC’s Becky Quick on “Squawk Box”

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Starbucks workers union launches strike in more than 40 cities on chain’s key holiday sales day

Starbucks workers union launches strike in more than 40 cities on chain’s key holiday sales day

Workers picket in front of a Starbucks outlet in New York City, U.S., Oct. 1, 2025. Brendan McDermid | Reuters Starbucks Workers United launched an open-ended strike in more than 40 cities Thursday on Red Cup Day, one of the chain’s biggest sales days of the year. The protest, which the union says involves more than

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Government shutdown ends, Disney earnings, Anthropic’s  billion AI investment and more in Morning Squawk

Government shutdown ends, Disney earnings, Anthropic’s $50 billion AI investment and more in Morning Squawk

U.S. President Donald Trump signs the funding bill to end the U.S. government shutdown, at the White House in Washington, D.C., U.S., Nov. 12, 2025. Kevin Lamarque | 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

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From AI to ESG: Family offices expect heirs will take new path on investing

From AI to ESG: Family offices expect heirs will take new path on investing

Swissmediavision | E+ | Getty Images 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. Keeping wealth in the family is easier than controlling how your heirs invest it. For investment firms

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Disney posts mixed results as streaming growth is offset by legacy TV declines

Disney posts mixed results as streaming growth is offset by legacy TV declines

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but

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