NASCAR CEO Steve O’Donnell talks growth opportunities, possible international expansion
US Top News and Analysisby Catriona Marangi·23d ago
NASCAR CEO Steve O'Donnell said the company has seen "a lot of momentum" after a challenging few years, touting NASCAR's presence on multiple streaming platforms and the recently announced sequel...
Netflix content chief Bela Bajaria defines event strategy as streamer eyes more live sports
US Top News and Analysisby Alex Sherman·23d ago
Netflix's live sports strategy is predicated on finding games and tournaments it believes can be turned into events. That makes defining "event" paramount to the company's success.
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
US Top News and Analysisby Chloe Taylor·23d ago
The Bank of England is widely expected to leave interest rates unchanged on Thursday, despite inflation rising well above its 2% target.
Putin braces for election stress test as Russians ‘feel the pain’ of struggling economy
US Top News and Analysisby Sam Meredith; Anniek Bao·23d ago
Russian President Vladimir Putin is bracing for a wartime reckoning as the Kremlin prepares to hold its first parliamentary election since the country's full-scale invasion of Ukraine in early...
Mark Walter and Todd Boehly selling stakes in Chelsea Football Club to Clearlake Capital
US Top News and Analysisby Dan Mangan·23d ago
Los Angeles Dodgers owner Mark Walter is selling his minority stake in Chelsea Football Club to Clearlake Capital, Chelsea said in a statement Wednesday night.
Trump plans to meet Gulf leaders at UN next week on Iran war's endgame: report
US Top News and Analysisby Anniek Bao·23d ago
U.S. President Donald Trump plans to meet Gulf leaders on the sidelines of the United Nations General Assembly in New York next Tuesday to discuss next steps for the war with Iran, Axios reported...
Japan’s corporate leaders sound alarm over weak yen — even dollar-earners are voicing concerns
US Top News and Analysisby Lisa Kim·23d ago
Japanese business executives, even those who have benefited from a weak yen, are calling for a stronger currency, with Kawasaki saying it would move manufacturing back to its home country if the...
'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal
US Top News and Analysisby Anniek Bao·23d ago
President Donald Trump on Wednesday threatened to impose tariffs on the European Union or halt trade with the bloc entirely if it proceeds with its plan to make Canada its first-ever "associate...
Salesforce issues revenue target of over $63 billion for fiscal 2030, beating estimates
US Top News and Analysisby Jordan Novet·23d ago
During its session with analysts and investors at Dreamforce, Salesforce issued a revenue forecast for fiscal 2030 of over $63 billion, topping analysts' estimates.
OpenAI reports 6 new instances of 'concerning model behavior' since March
US Top News and Analysisby Isabel O'Brien; Ashley Capoot·23d ago
OpenAI on Wednesday said it found six instances of "unexpected or concerning model behavior" over the past six months, outside of the recent Hugging Face crisis, as the company continues to call...
Arm CEO says he's more confident its new AI chip can meet a loftier $2B revenue goal
US Top News and Analysisby Alexa LoMonaco·23d ago
Arm Holdings CEO Rene Haas told CNBC's Jim Cramer on Wednesday he is increasingly confident the company can meet Wall Street's loftier revenue expectations for its new data center chip, dubbed the...
Here are five key takeaways from Wednesday's Fed rate hike
US Top News and Analysisby Jeff Cox·23d ago
The Federal Reserve on Wednesday delivered a much-expected interest rate hike, and Chairman Kevin Warsh followed with a notably terse news conference at which he stressed policymakers' staunch...
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
US Top News and Analysisby Matt Peterson·23d ago
Chairman Kevin Warsh's quarter-point rate increase sends an unambiguous message to President Donald Trump: Hands off the Federal Reserve.
Trump's Kennedy Center closure is 'unlawful,' Rep. Beatty tells judge in emergency hearing request
US Top News and Analysisby Dan Mangan·23d ago
Rep. Joyce Beatty asked a judge Wednesday to hold an emergency hearing on what the Ohio Democrat called the "unlawful" closure of the Kennedy Center by President Donald Trump and the performing...
Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation
US Top News and Analysisby Alex Harring·23d ago
The Federal Reserve should have hiked rates by more on Wednesday instead of a just a quarter point, according to Jeff Gundlach, founder of DoubleLine.
Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans
US Top News and Analysisby Jessica Dickler·23d ago
The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting after consumer prices rose again in August amid the war with Iran — and despite continued pressure...
House votes to hold Leon Black in contempt of Congress over Epstein subpoenas defiance
US Top News and Analysisby Dan Mangan·23d ago
The House of Representatives voted Wednesday to hold billionaire Leon Black in contempt of Congress for his refusal to comply with subpoenas issued to him related to a committee's ongoing...
Anthropic policy chief says AI companies can't be expected to operate on 'honor code'
US Top News and Analysisby Ashley Capoot·23d ago
Sarah Heck, Anthropic's head of public policy, said she doesn't think artificial intelligence companies can manage oversight and safety concerns by following an "honor code."
Hegseth avoids impeachment vote with early House election recess
US Top News and Analysisby Justin Papp·23d ago
A vote to impeach Secretary of Defense Pete Hegseth that could have happened in the U.S. House as early as Thursday will now be avoided, at least until after this year's midterm election.
Lagging sector looks poised for a rebound. Here's how Mike Khouw is trading it
US Top News and Analysisby Michael Khouw·23d ago
You can't judge a book by its cover. And in the case of the stock market, you can't judge a sector by its name, which could be creating a compelling opportunity in the options market.
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