Business

Stellantis CEO Antonio Filosa listens as U.S. President Donald Trump announces new fuel economy standards, in the Oval Office at the White House in Washington, D.C., U.S., December 3, 2025. Brian Snyder | Reuters AUBURN HILLS, Mich. — Stellantis CEO Antonio Filosa said he believes there’s opportunity to expand the automaker’s partnerships in North America

SUZHOU, China — Li Chenggang, China’s international trade representative, opened the Asia-Pacific Economic Cooperation trade ministers’ meeting on Friday with a call for regional economies to “send a strong message to the world” in support of cooperation. Li said he was chairing the opening meeting in place of China’s Commerce Minister Wang Wentao, who had

President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies

The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images Japan’s largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks

Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois. Scott Olson | Getty Images With all eyes on the health of the U.S. consumer, Walmart‘s fiscal first-quarter earnings report Thursday morning may offer Wall Street some of the best clues yet.  The big box retailer is expected to report another quarter

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on

Target on Wednesday posted earnings and revenue that beat Wall Street expectations, and reported that net sales grew more than 6% year over year as the retailer tries to win back customers amid slumping sales.  Target’s same-store sales jumped 5.6%, its first positive same-store sales number in five quarters. The retailer said it saw broad-based

An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | Reuters CHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip would be three times as powerful as its predecessor, as rival Nvidia struggles to get its

Growing concern over the trajectory of the Iran war has bond yields rising and mortgage rates following suit. The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage News Daily. That is the highest level since July 31. Rates are now up 33 basis points in just

Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets. The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human

JPMorgan summer reading list Courtesy: JPMorgan The latest JPMorgan Summer Reading List, an annual favorite among the wealthy, includes books on artificial intelligence, longevity, Keith Haring and lemon recipes. The list is compiled each year with suggestions from JPMorgan client advisors around the world and has become a popular guide for the wealthy looking for

Billionaire investor Warren Buffett hinted in March that Berkshire Hathaway had made a small addition to its portfolio. A new regulatory filing may have just revealed what he was referring to. When asked in March whether Berkshire was still putting money to work, Buffett said the conglomerate had made “one tiny purchase” but was still

Lululemon is showing its teeth.  The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.  The letter, Lululemon’s first major public response to

The booth of USSEC (U.S. Soybean Export Council) on Nov. 8, 2025, at the 8th China International Import Expo in Shanghai. Sopa Images | Lightrocket | Getty Images BEIJING — China has agreed to buy U.S. soybeans and address American access to rare earths, the White House said Sunday, touting some of the most tangible

Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021.  Toby Scott | Lightrocket | Getty Images Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of its ongoing turnaround. The company said it will cut 300

Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bill Ackman’s Pershing Square has built a position in Microsoft, as the hedge fund manager said the software giant’s recent pullback created a

Dwyane Wade, left, and Jesse Riedel speak onstage during the YouTube Brandcast event at Lincoln Center in New York, May 13, 2026. Mike Coppola | Getty Images Among the live sports and entertainment shows that carried media companies’ presentations to advertisers this week, another pitch kept popping up: creator content. The category of videos, which

Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images If new Federal Reserve Chair Kevin Warsh is still itching for a “good family fight” over monetary policy, he is