Home News Walmart announces John Furner as President and Chief Executive Officer Nov. 14, 2025 4 min read Share Share Key Insights Walmart Board of Directors elects Walmart U.S. CEO John Furner to succeed Doug McMillon as President and Chief Executive Officer, Walmart Inc. Furner was also elected to the company’s Board of Directors, effective…
Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | Reuters Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback. The digital asset hit $94,491.22 early Friday, marking its lowest level since May…
In a significant diplomatic development, representatives from the Democratic Republic of the Congo (DRC) and the M23 rebel group have signed a peace agreement in Qatar, marking a hopeful step towards addressing the prolonged conflicts in the region. This agreement is not just about ceasing hostilities; it aims to initiate a comprehensive peace process that…
The deal will boost Merck’s efforts to contend with the loss of revenue from its blockbuster cancer drug Keytruda © Dado Ruvic/Reuters Merck has agreed a $9.2bn takeover of Cidara Therapeutics, a drugmaker pioneering a long-acting antiviral that protects against flu, after overcoming rival pharmaceutical groups in a bidding war that went down to the…
The crypto market is facing one of its sternest tests yet, with the bitcoin BTC$96,188.63 price breaking below the crucial $98,000 level of support following a wave of sell pressure in a low-liquidity environment. The sell-off prompted more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass….
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the…
In this article DHI Follow your favorite stocksCREATE FREE ACCOUNT D.R. Horton signage stands in front of homes under construction at the Eastridge Woods development in Cottage Grove, Minnesota. Daniel Acker | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers…
The BBC is currently navigating a significant crisis following the emergence of a leaked dossier that highlights editorial missteps, including a controversial misediting of a speech by former President Donald Trump. This has prompted high-profile resignations and allegations of further editorial mishandling, leading to a potential billion-dollar lawsuit from Trump himself. As the organization grapples…
Beyond Meat’s refinancing efforts that spurred meme stock rally now have shares down 67% Well, with a bit of time and a lot of volatility, the dust is settling on how Beyond Meat’s refinancing efforts have gone. This morning, management announced that its new 2030 notes could be converted at a price of about $1.7459,…
As the ongoing carriage dispute between Disney and Google‘s popular streaming service YouTube TV enters its third weekend with ABC and ESPN channels blacked out, at least one top Disney executive made it clear the stalemate could continue indefinitely. Not what fans wanted to hear at all. “We’re ready to go as long as they…
Amid escalating tensions between China and Japan, the former has issued a travel advisory urging its citizens to refrain from visiting Japan. This diplomatic rift, ignited by provocative statements from newly installed Japanese Prime Minister Sanae Takaichi regarding Taiwan, underscores the fragile dynamics in East Asian geopolitics. The nuanced interplay of military posturing and international…
As the controversy surrounding the BBC’s controversial editing of a speech by former President Donald Trump continues to unfold, the incident highlights the heightened scrutiny and challenges faced by media outlets in the age of misinformation. This episode not only underscores the significance of journalistic integrity but also raises questions about the intersection of media…
The Trade Desk has been crushed this year, falling 66% from its highs. Here’s why this advertising innovator deserves a closer look at these low prices. Let’s talk about a stock that’s been kicked around lately. The Trade Desk (TTD 2.24%) is down 66% in 2025, as of Nov. 12. That’s like watching a seasoned…
Famed economist Mohamed El-Erian delivered a stark warning about the evolving global economy, stating that while the underlying system remains intact, investors should brace for significant individual losses within the Artificial Intelligence (AI) sector and expect numerous “credit accidents”. Speaking at Yahoo! Finance Invest, El-Erian framed the current environment as one in which “cockroaches” abound…
KEY POINTS Fifty-year mortgages may lower monthly payments but increase total interest costs significantly. Current market conditions make loans over 50 years unlikely with low interest rates. Policy support required for broader adoption of 50-year loans amid mixed industry reactions. President Donald Trump earlier this week floated a 50-year mortgage as an affordability fix during…
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A years-long slowdown in the Chinese property market has weighed on household spending and consumer confidence © AFP via Getty Images China’s investment declined last month by the most since the pandemic while housing prices fell faster than expected, underlining pressure on policymakers to maintain momentum in the world’s second-largest economy. Fixed-asset investment declined 1.7…
In a significant move that underscores Colombia’s evolving defense strategy amid geopolitical tensions, President Gustavo Petro has announced a .3 billion deal for the purchase of Gripen fighter jets from Sweden. This acquisition comes at a time when Colombia finds itself navigating a complicated landscape marked by heightened military presence from the United States in…
In the ever-evolving landscape of American politics, the relationship between former President Donald Trump and Congresswoman Marjorie Taylor Greene has taken a notable turn. Once seen as staunch allies, Trump’s recent criticisms of Greene reveal deeper fractures within the Republican ranks and raise questions about loyalty and ideology as the party prepares for future electoral…
Bitcoin sank deeper below the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters. The digital currency fell as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion in value since early October. Once-reliable sources of…
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended to disrupt Starbucks’ Red Cup Day, which is typically one of the company’s busiest days of the year. Since 2018, Starbucks has given out free,…
Hugh Johnston is ready to go 12 rounds — maybe 15. The Disney CFO said on CNBC on Thursday morning that his company, in the midst of a carriage battle with YouTube TV, is “ready to go as long as they want to.” Ding, ding. “We’re in the middle of negotiations right now,” Johnston said…
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Tensions in Latin America are escalating as the United States military intensifies its operations in the region, following its latest airstrike that resulted in the deaths of four individuals. This incident, part of a broader pattern of military actions against suspected drug traffickers, has raised significant concerns about international law and the approach of the…
Richard Haass has spent four decades in Washington advising presidents, representing the U.S. abroad, and warning Congress about global threats. But these days, the veteran diplomat says the most dangerous crisis facing America isn’t coming from Russia, China, or the Middle East. It’s coming from inside the country: the ugly, festering $38 trillion national debt…
Topline The five richest people in the world are worth nearly a combined $46 billion less Thursday afternoon due to a market sell-off spurred by dumping of artificial intelligence stocks, mixed fourth quarter results from Disney and general economic uncertainty as the longest government shutdown in American history comes to an end. Key Facts The…
The day after Google filed a lawsuit to end text scams primarily targeting Americans, the criminal network behind the phishing scams was “disrupted,” a Google spokesperson told Ars. According to messages that the “ringleader” of the so-called “Lighthouse enterprise” posted on his Telegram channel, the phishing gang’s cloud server was “blocked due to malicious complaints.”…
Mary Callahan Erdoes, Chief Executive Officer of J.P. Morgan Asset & Wealth Management, speaks during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC NEW YORK — Investors should be focused on opportunities ahead with artificial intelligence rather than whether there’s a bubble currently, according to Mary Callahan…
WASHINGTON (AP) — A confidant of Bill Pulte, the Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae to a principal competitor, alarming senior officials of the government-backed lending giant who warned it could expose the company to claims that it was colluding with a rival to fix mortgage rates. Emails…
In a troubling turn of events for Tunisian politics, jailed opposition figure Jawhar Ben Mbarek has been hospitalized as his health faces alarming decline, following a prolonged hunger strike. His condition raises serious concerns about human rights and political freedoms within the country, particularly against a backdrop of escalating tensions between the government and dissenting…
The company says the hackers were backed by the Chinese state. The company says the hackers were backed by the Chinese state. Nov 13, 2025, 7:47 PM UTC Elissa Welle is a NYC-based AI reporter and is currently supported by the Tarbell Center for AI Journalism. She covers AI companies, policies, and products. Anthropic announced…
The cuts could impact 15,000 employees, or 15 percent of the workforce, as soon as next week. By Reuters Published On 13 Nov 202513 Nov 2025 Click here to share on social media share2 Share Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a restructuring under…
Several thousand Boeing machinists in the Midwest who assemble military aircraft and weapons voted Thursday to approve a new contract, ending a three-month strike that saw them reject four earlier offers from the company. The breakthrough five-year labor agreement includes a 24% wage hike across the life of the contract and a $6,000 signing bonus,…