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UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that...

Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates

Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023.Nurphoto | Nurphoto | Getty ImagesTencent beat...

UBS posts $1.14 billion profit in second quarter, smashing expectations

General view of the UBS building in Manhattan, New York City, on June 5, 2023.Eduardo Munoz Alvarez | View Press | Corbis News...

With the A’s leaving Oakland, the Pioneer League B’s want fan investment in Bay Area baseball

Paul Freedman, co-founder and CEO of the Oakland BallersPaul Freedman, a 45-year-old serial entrepreneur who has founded and sold five educational technology companies,...

HelloFresh shares pop 11% as meal kit giant beats profit estimates

Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said...

Home Depot expects sales to weaken as consumers grow more cautious

The Home Depot logo is seen in Florida Keys, United States on May 7, 2024. Jakub Porzycki | Nurphoto | Getty ImagesHome Depot on...

Deutsche Bank says Eli Lilly stock is a buy — in line with our rating on shares

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's...

Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls

A customer enters a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin...

Life Time is creating its own pickleball as the sport booms

Life Time has filed a patent to create The Ultimate Pickleball.Courtesy: Life TimeTired of playing with pickleballs he found inconsistent in bounce and...

Delta says chaos after CrowdStrike outage cost it $380 million in revenue

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los...

Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings

The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesParamount Global is cutting 15% of its U.S....

Eli Lilly’s blowout quarter should quiet investor concerns about the stock

Eli Lilly on Thursday reported a home-run quarter fueled by sales of its blockbuster obesity and diabetes drugs, quieting any lingering investor concerns...

Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates

Kevin Mazur | Getty Images Entertainment | Getty ImagesWarner Bros. Discovery's stock dropped on Wednesday after it reported a $9.1 billion write down...

Why ‘wardrobing’ retail fraud soars in the summer

A particular type of retail fraud soars during the summer season."Wardrobing," in which a shopper buys an expensive item, wears it with the...

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