Tag: Breaking News: Business

Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

Ajit Jain at Berkshire Hathaway's annual meeting in Los Angeles, California. May 1, 2021.Gerard Miller | CNBCAjit Jain, Warren's Buffett's insurance chief and...

SpaceX performs historic first spacewalk with Polaris Dawn crew

Polaris Dawn commander Jared Isaacman emerges from SpaceX's Dragon capsule during a spacewalk on Sept. 12, 2024.SpaceXSpaceX pulled off its first spacewalk in...

Boeing faces strike threat as workers vote on new contract

A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024.Jennifer Buchanan | Afp |...

GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending

Mary Barra, chair and CEO of General Motors, and Euisun Chung, executive chair of Hyundai Motor Group, during the signing of an agreement...

Moderna to cut $1.1 billion in costs and launch 10 new products by 2027 as it charts post-Covid future

Moderna headquarters, exterior view, Cambridge, Massachusetts, USA. Plexi Images | GHI | UCG | Universal Images Group | Getty ImagesModerna on Thursday said it plans...

Norfolk Southern CEO Alan Shaw replaced by CFO after alleged affair with legal chief

Norfolk Southern former Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled "Improving Rail Safety in Response...

Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection

A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty ImagesBurgerFi filed for Chapter 11 bankruptcy protection...

Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk...

Mortgage rates hit lowest level since February 2023

LARKSPUR, CALIFORNIA - NOVEMBER 30: A sign is posted in front of a home for sale on November 30, 2023 in Larkspur,...

How retailers and media companies are teaming up to bring live shopping to the 2024 VMAs

When viewers tune in to the 2024 MTV VMAs on Wednesday night, they'll be able to shop the outfits and designer looks they're...

Women’s sports are on an upward trajectory as fans, brands engage

Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at...

Streaming deals are key to future of NFL viewership, fandom

The National Football League's bet on streaming is paying off — and helping to broaden its fanbase in the U.S. and globally.Hans Schroeder,...

Sony unveils upgraded PlayStation 5 Pro to boost slowing console business

Sony is releasing its upgraded PlayStation 5 Pro console on Nov. 7, 2024.SonySony on Tuesday announced the PlayStation 5 Pro, an upgraded version...

Bank stock woes hold back the overall market, but Starbucks’ new CEO is full steam ahead

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

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Tag: Breaking News: Business

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