Lakers owners Buss family sell majority stake at $10 billion valuation
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles on Saturday, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images The Buss […]
Trump pledged not to cut Medicare — but his budget bill does just that
The GOP megabill now under Senate consideration threatens healthcare insurance for more than 1 million seniors who rely on Medicare.
Nike pushes back Skims launch with Kim Kardashian
NikeSKIMS, a new brand from NIKE Inc. and SKIMS. Courtesy: NikeSKIMS Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had originally announced, because of production delays, according to a […]
Why Trump’s Tehran warning in Israel-Iran conflict isn’t rattling stocks or creating a crisis in oil prices
President Trump said on Wednesday that Iran wants to negotiate, but he wouldn’t rule out U.S. military action.
New perks, $795 annual fee
The Chase Sapphire Lounge at LaGuardia Airport, accessible only to Sapphire Reserve customers. Benji Stawski / CNBC JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its […]
Pfizer, AstraZeneca, Merck bet on chemo replacement
Antibody drug conjugates (ADCs) are targeted medicines that deliver chemotherapy agents to cancer cells 3d rendering Love Employee | Istock | Getty Images Chemotherapy has long been a cornerstone of cancer treatment, saving millions of lives. But the pharmaceutical industry says a popular class of targeted cancer therapies could one day replace chemotherapy and its […]
Why Tom Lee says the odds favor a stock-market rally after the Fed decision
At least one widely followed analyst says there’s potential for market fireworks despite the 98.8% probability the central bank won’t move interest rates
Pfizer, Merck, J&J, others face scrutiny over tax loophole extension
The Johnson & Johnson logo displayed on a monitor. Sopa Images | Lightrocket | Getty Images Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry in the GOP reconciliation bill. Sen. Elizabeth Warren, D-Mass., and […]
Trump plans to delay the TikTok ban again. Could he face a lawsuit?
The White House says the president will grant another reprieve after two earlier orders that directed the Justice Department not to enforce a U.S. ban on the social-media app.
Ram to offer industry leading pickup truck warranty under new plan
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand. The warranty covers the engine, transmission, transfer […]
