CNN to lay off hundreds of employees post-inauguration, sources say
The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital […]
Netflix keeps defying the doubters. One now thinks the stock could soar 56%.
How long can Netflix’s stock stay hot? With sports and advertising both cooking, one formerly neutral analyst now sees recent business momentum continuing for years.
Eric Schmidt’s family office invests AI startups
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. Eric Schmidt, the billionaire former CEO of Google , has become known as “the AI whisperer” for his widespread predictions and […]
Family offices assistants earn as much as $190,000 a year
Martin-dm | E+ | Getty Images Good help is hard to find. Family offices, the private investment firms of the ultra-wealthy, are increasingly willing to pay extra for it. The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff. While compensation […]
When the ‘smartest’ minds on Wall Street pick their top investments, run the other way
Our author’s annual “Pariah Capital” picks beat the world’s top money managers (again).
Stellantis chairman details U.S. investments for Jeep, Ram to Trump
Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump […]
Is this marriage for love — or money? ‘I always recommend a prenup.’
Should you remarry despite red flags? Don’t expect your financial adviser to stop you.
Procter & Gamble (PG) Q2 2025 earnings
Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California. Justin Sullivan | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, thanks to growing demand for household staples like toilet paper and laundry products. Shares of the company rose […]
‘Moana 2’ tops $1 billion, extending Disney’s box office domination
Dwayne Johnson voices Maui in Disney Animation’s “Moana 2.” Disney The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day weekend, becoming the studio’s third 2024 release to reach the coveted benchmark after Marvel Studios’ “Deadpool and Wolverine” and Pixar’s “Inside […]
U.S. investors liked the Stargate AI news. Asian investors loved it.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout package backed by President Donald Trump.
