Billionaires spend big to boost Cuomo

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Super PACs supporting Andrew Cuomo and opposing Zohran Mamdani in the New York City mayoral race have raised over $40 million, with millions…

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Stellantis $26 billion hit overhauling its business

Shares of automaker Stellantis dropped more than 14% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 billion) hit from overhauling its business to accelerate the rollout of electric and hybrid vehicles. Shortly after the European opening bell, Milan-listed shares of the firm were 14.4% lower. Stock Chart…

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Senate Republican says his 'preference' is for IRS to investigate who leaked Trump's tax returns instead of lawsuit

Republican Senator Ron Johnson (Wis.) said Sunday that he would like the Internal Revenue Service (IRS) to conduct a “robust” investigation into the leak of President Trump’s tax returns, days after the president sued the agency for $10 billion over the revelations. “I have no doubt that the federal government should be sued. The problem…

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Microsoft (MSFT) Q2 earnings report 2026

Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on January 20, 2026. Harun Ozalp | Anadolu | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker posted slowing cloud growth. Here’s how the company performed in comparison…

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