Product that tells our story
Diminishing perspective of downtown London skyscrapers Chunyip Wong | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]
US companies should be allowed to report earnings every six months instead of quarterly, President Trump said on Monday, in what would be a major shift for corporate America if the Securities and Exchange Commission approved the change. “This will save money, and allow managers to focus on properly running their companies,” Trump wrote in a Truth Social post, reprising an […]
Kraft mac & cheese and Heinz ketchup. Natalie Rice | CNBC Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily […]
Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming. WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO Max, and a global networks […]
Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which resulted in thousands of federal job cuts, winds down, mass layoffs are still roiling corporate America. Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President […]
Artificial intelligence robot looking at futuristic digital data display. Yuichiro Chino | Moment | Getty Images Businesses are turning to artificial intelligence tools to help them navigate real-world turbulence in global trade. Several tech firms told CNBC say they’re deploying the nascent technology to visualize businesses’ global supply chains — from the materials that are […]
US companies rushing to import their goods from China before the 90-day reprieve on stiff tariffs expires will be socked with an unexpected spike in shipping fees – leading to higher prices on store shelves, The Post has learned. Major carriers, including Hapag-Lloyd, announced plans to increase shipping rates for a 40-foot container between China […]
Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an enterprise basis – comprised of $21.9 billion […]
Paul Atkins, President Trump’s nominee as the new chairman of the Securities and Exchange Commission, faced a key question just as he was to be grilled during his confirmation this past week. Would the long-time securities lawyer and regulator investigate Chinese companies for what one senator believes are wanton and blatant violations of US disclosure laws […]
