Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brex. Shares of the…
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, on Thursday delivered updates on all 34 Club holdings during the January Monthly Meeting. Here are the highlights from the first meeting of 2026, starting with our four turnaround stories: 4 turnaround plays Nike: The apparel and sneaker retailer has shown real signs of…
An Industrious flexible office space. Courtesy: Industrious A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions,…
President Donald Trump sued JPMorgan Chase and its CEO, Jamie Dimon, on Thursday for closing his and related entities’ accounts in early 2021 after decades of being customers of the bank, allegedly for political reasons. The closures came on the heels of the Jan. 6, 2021, riot by Trump supporters at the U.S. Capitol, and…
Tesla CEO Elon Musk said on Thursday that his company will have a “widespread” network of driverless robotaxis in the U.S. by the end of 2026. “Tesla’s rolled out robotaxi service in a few cities, and will be very, very widespread by the end of this year within the U.S.,” he said during an appearance…
Near expansive aisles of home improvement supplies, some of Lowe’s tiniest shoppers worked this Saturday on do-it-yourself projects of their own. The children, some as young as 3, sported miniature versions of the retailer’s signature red aprons while hammering together washing machine-themed piggy banks at the retailer’s kids’ workshop at the company’s store in North…
Volodymyr Zelenskiy, Ukraine’s president, during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg |Getty Images Ukraine’s President Volodymyr Zelenskyy has accused Europe of being “lost” and trying to convince U.S. President Donald Trump to help them, rather than uniting to defend itself. “Instead of taking the lead in defending…
Gavin Newsom, governor of California, holding a knee pad during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Getty Images California Gov. Gavin Newsom on Thursday showed off knee pads that he suggested were for leaders “selling out” to the Trump administration. Speaking at the World Economic Forum…
DAVOS, SWITZERLAND – JANUARY 21: U.S. President Donald Trump speaks onstage with President and CEO of the World Economic Forum Børge Brende at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a…
U.S. President Donald Trump attends a reception with business leaders during the 56th annual World Economic Forum (WEF), in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters Trump’s latest retreat from a trade war has catalyzed an international asset rally — and revived investors’ talk of “TACO” — “Trump Always Chickens Out.” Speaking to…
