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Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration
Mark Zuckerberg will cohost reception with Republican billionaires for Trump inauguration

Meta CEO Mark Zuckerberg is cohosting a reception with billionaire Republican donors next week for Donald Trump's inauguration, the latest sign of the Facebook founder's embrace of the president-elect.

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Jan 14, 2025
Fund manager reveals what needs to change for her to invest in luxury stocks
Fund manager reveals what needs to change for her to invest in luxury stocks

Hannah Gooch-Peters of Sanlam Investments explains why she's cautious on luxury stocks like LVMH.

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Jan 14, 2025
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo

Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.

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Jan 14, 2025
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel to spin off venture capital arm as chipmaker continues to restructure

Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.

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Jan 14, 2025
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company

Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.

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Jan 14, 2025
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says
Microsoft pauses hiring in U.S. consulting unit as part of cost-cutting plan, memo says

Microsoft plans to pause hiring in part of its consulting business in the U.S., according to an internal memo, as the company seeks ways to reel in expenses. 

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Jan 14, 2025
Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue
Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.

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Jan 14, 2025
Iran 'never' plotted to kill Trump during campaign, Iran's president tells NBC News
Iran 'never' plotted to kill Trump during campaign, Iran's president tells NBC News

The Justice Department in November charged an Iranian man in an alleged murder-for-hire plot to assassinate then-candidate Donald Trump and two others.

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Jan 14, 2025
Freshmen college enrollment did not fall, it rose — education research group corrects data error
Freshmen college enrollment did not fall, it rose — education research group corrects data error

The National Student Clearinghouse Research Center blamed a 'methodological error' for the incorrect college enrollment calculations.

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Jan 14, 2025
Healthy Returns: From Eli Lilly to Amazon, here are the latest health-care deals
Healthy Returns: From Eli Lilly to Amazon, here are the latest health-care deals

Companies from Johnson & Johnson to Eli Lilly, Amazon and Nvidia are announcing health-related deals at the JPMorgan Health Care Conference.

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Jan 14, 2025
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