Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner
Jeanie Buss's lawyer says she has not agreed to sell the team and that any vote suggesting the Buss family is selling "would be and is void."
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L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%
Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called a "close personal relationship with a subordinate employee."
What will TV look like in three years? Media insiders share their predictions
CNBC asked media insiders what they think the TV market — from pay TV subscribers to sports ratings — will look like in three years.
I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
Meta faces ‘astronomical’ consequences as legal fight reaches critical moment in California
Meta faces a federal trial over child safety claims that could bring major financial penalties and changes to Facebook and Instagram.
Supreme Court again rejects Trump bid to overturn E. Jean Carroll verdict
President Trump was held civilly liable in the case by a New York federal jury for defaming and sexually abusing the writer E. Jean Carroll.
Luigi Mangione pleads guilty in federal case related to UnitedHealthcare CEO killing
Mangione's lawyers argue his federal plea bars his prosecution for murder in state court for Brian Thompson's slaying due to New York's double jeopardy law
Vista Energy up 4% after billionaire Peter Thiel buys stake in the Argentine shale oil producer
Peter Thiel’s hedge fund disclosed a $76 million stake in Argentine oil producer Vista Energy, sending its shares higher in premarket trading.
Top U.S. commander acknowledges mental health issues on USS Lincoln
Cooper's visit and statement come after reports of widespread morale and mental health concerns aboard the Lincoln.
Russia targets Danube port after one of Ukraine’s largest aerial attacks of the war
Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.
Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter
The jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering.
Russia's economy has defied the skeptics. Cracks are getting harder to hide
Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.
Trump family-backed crypto firm World Liberty gets conditional bank charter approval
The OCC conditionally approved World Liberty Trust Co.’s national trust bank charter. That would allow the Trump family-backed firm to issue stablecoins.
Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
Trump asks Supreme Court to let White House ballroom construction continue
President Donald Trump tore down the White House East Wing to make way for the ballroom project.
Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner
The group that includes Jeff Bezos has an option to become the majority shareholder within the next year.
Housing investors say this is their worst market in at least 3 years
Mortgage rates hit a recent low at the end of February but rose sharply at the start of the war with Iran. They are now at their highest level in over a year.
The VC-backed fintech using AI to challenge BlackRock and start a new fee war in ETFs
Corgi Invest plans to rival BlackRock in total number of ETFs, while beating managers of trendy strategies like buffer and single-stock funds with its low fees.
‘Absolutely unacceptable’: Japan PM Takaichi condemns Putin’s visit to disputed Kuril Islands
Japan protested Vladimir Putin’s first visit to the disputed Kuril Islands, escalating tensions over territory claimed by both Tokyo and Moscow.
Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company's inclusion in the S&P 500.
Mamdani's NYC pied-à-terre tax can continue rollout during court appeal
The tax championed by Mayor Zohran Mamdani has drawn the ire of President Donald Trump, who said it must be stopped and vowed to explore federal options.
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
As Tim Cook gets set to step down as Apple CEO, he's offering a glimpse into what he may be doing as chairman.
UConn women's coach Geno Auriemma says WNBA should shift focus away from transgender debate
Geno Auriemma said the WNBA should steer attention away from the transgender athlete debate and focus more on basketball.
Kennedy Center board votes to put Trump name on facade despite court order
President Donald Trump's name was removed from the Washington, D.C., performing arts center in June as the result of a lawsuit by an Ohio congresswoman.
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance
Cisco is showing booming demand for AI infrastructure, but its results weren't good enough to satisfy investors.
Trade court upholds Trump's closure of 'de minimis' loophole
President Donald Trump in a Truth Social post celebrated the continued closure of the deminimis exemption as a "BIG WIN."
Luigi Mangione expected to plead guilty in federal stalking case related to health insurance CEO killing: Report
Luigi Mangione is separately charged in New York state court with murdering UnitedHealthcare CEO Brian Thompson in December 2024.
Trump-linked oil venture delays Greenland drilling plans after government warning
Greenland Energy Co. and joint venture partner 80 Mile have delayed planned oil drilling in Greenland until winter 2027.
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.