Berkshire Hathaway CEO Greg Abel holds a U.S. flag at a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026. Iowa Cubs/Michael Hill Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added…
Luigi Mangione pleaded guilty Friday in New York federal court to stalking that led to him killing UnitedHealthcare CEO Brian Thompson on a midtown Manhattan street in December 2024. Mangione’s lawyers immediately afterward filed a motion in New York state court saying that charges of murder and other counts in that court for Thompson’s slaying…
Jeff Bezos attends the Viva Technology show at Parc des Expositions on June 17, 2026 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images A group that includes Jeff Bezos has struck a deal with Fenway Sports Group to become minority owners in Liverpool Football Club, FSG said Friday. The deal is the…
Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Disney CEO Josh D’Amaro told CNBC’s Julia Boorstin on Friday that the company’s parks division marked a “big surprise” last quarter and…
University of Connecticut women’s basketball coach Geno Auriemma said WNBA Commissioner Cathy Engelbert should try to shift the league’s dialogue away from transgender issues because fans don’t want to watch “another protest movement.” “Nobody’s coming to watch another political statement. They’re not. They’re coming to watch a basketball game,” Auriemma said in a CNBC Sport…
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic. The investor, best known for his bet against the housing market ahead of the global financial crisis, said the two AI startups account for roughly 70% of AI-related revenue at Microsoft, Amazon,…
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit and raised its 2026 earnings guidance for the…
Joshua Kushner, left, founder of Thrive Capital, and former Disney CEO Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2026. Getty Images (L) | CNBC (R) The Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the…
US President Donald Trump uses a cellphone aboard Marine One before it departs Leesburg Executive Airport in Leesburg, Virginia, on April 24, 2025. Alex Wroblewski | Afp | Getty Images President Donald Trump was sued on Wednesday over the controversial sale of advance notifications of his posts on Truth Social. The lawsuit, filed in U.S….
A “For Sale” sign outside a home for sale in Crockett, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images After five weeks of gains, mortgage rates fell very slightly last week. That was enough to bring a bit of demand back to the market. Total mortgage application volume…
