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Wayne Gretzky talks Alex Ovechkin NHL goals record pursuit

As Washington Capitals star Alex Ovechkin closes in on Wayne Gretzky’s all-time goals record, the Great One told CNBC he has nothing but admiration for the player who could soon dethrone him. “Alex has been exceptional for our game,” Gretzky said on CNBC’s “Squawk Box” on Thursday. “I hope I’m the first guy to shake […]

Crypto investor pays $6 million for a banana — and plans to eat it

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. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]

SailGP signs Rolex as title partner of global sailing competition

SailGP has signed Rolex as the first title partner of its global sailing competition. Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP’s series of events, which kicks off its 2025 season in Dubai on Saturday, will now be known as […]

Gap (GAP) Q3 2024 earnings

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better than expected results, leading it to raise its annual guidance for a third time this year.  Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal 2024 sales […]

CFPB expands oversight of Apple Pay, other digital payments services

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Thursday issued a finalized version […]

TGL New York Golf Club brings on Eli Manning, Derek Jeter as investors

New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young. Courtesy: TGL Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael […]

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