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Paramount Skydance representatives are reportedly meeting on Monday with the California attorney general’s office to discuss a path to a potential settlement of the antitrust lawsuit seeking to block Paramount’s takeover of Warner Bros. Discovery, The New York Times reported Saturday. Pressure to settle the suit has grown in recent weeks as California Gov. Gavin…
US President Donald Trump speaks with Canada’s Prime Minister Mark Carney during a work lunch as part of the G7 summit, in Evian, eastern France, on June 16, 2026. A G7 summit is set to take place June 15 to 17 in the French town of Evian-les-Bains near Switzerland and it will be attended by…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on July 23, 2026. Angela Weiss | AFP | Getty Images It has been a volatile year for global markets, rewarding some trades while punishing others. CNBC asked six investors about the biggest risks they see and how they are…
Sen. Jon Husted, R-Ohio, speaks during a Senate Appropriations committee hearing in the Dirksen Senate Office Building in Washington, July 21, 2026. Finn Gomez | Getty Images Sen. Jon Husted, R-Ohio, defended President Donald Trump’s energy and economic agenda on Friday during an appearance at a southwestern Ohio steel mill with Vice President JD Vance,…
Ken Griffin of Citadel in a letter to clients on Friday addressed for the first time the firm’s purchase of assets from Leopold Aschenbrenner’s Situational Awareness hedge fund.Β According to a letter obtained by CNBC’s Sara Eisen, Griffin told clients that Citadel has unwound more than 80% of the aggregate risk from the original portfolio…
In an aerial view, farmers use combine harvesters to harvest a wheat field near the city of Bila Tserkva on August 4, 2023 in Kyiv Oblast, Ukraine. Ed Ram | Getty Images News | Getty Images Russia and Ukraine continue to attack one another’s port infrastructure, blocking shipments from the “breadbasket of Europe” and driving…
JosΓ© MuΓ±oz, CEO of Hyundai Motor Co., speaks during a press meeting during Milan Design Week, as Hyundai launches the new Ioniq 3 electric vehicle, in Milan, Italy, April 20, 2026. Claudia Greco | Reuters SAN FRANCISCO β Hyundai Motor is considering plans to further expand its U.S. production at a new multibillion-dollar vehicle assembly…
China’s Alibaba on Thursday posted a 75% fall in profits for the June quarter as AI spending weighed on the tech giant’s results. Capital expenditure was up 75% to 67.7 billion Chinese yuan ($10 billion), primarily driven by uneven timing of customer purchases, an increase in CPU-compute capacity and higher prices across a broad range…
Cfoto | Future Publishing | Getty Images Shares of SK Hynix surged over 12% in Seoul on Thursday after the company announced a massive stock buyback. The company said it is accelerating its 40 trillion won ($28.7 billion) share repurchase and cancellation program, while pursuing a shareholder return expansion to over 50% of cumulative free…
The Treasury Department said it will double the size of its government debt repurchases, lending support to longer-dated bonds. “While the announcement may provide short-term relief, we do not believe it fundamentally changes the outlook for long-term yields,” said Tony Miano, global investment strategy analyst at Wells Fargo Investment Institute. Bond prices around the world…