Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure plans to seek FDA approval of its experimental gene therapy for Huntington’s disease, the company said Wednesday, months after previous agency leaders criticized the evidence backing the application. UniQure said the FDA in a recent meeting communicated that a three-year analysis from a Phase…
LGBTQ+ consumers are shifting their brand loyalties based on companies’ diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they perceive as “reducing diversity and inclusion commitments.” Nearly 70% also said…
SpaceX shares sank on Wednesday, putting a damper on momentum after a red-hot first few days of trading. The Elon Musk-led company has seen its stock surge around 40% since its blockbuster IPO on Friday, which offered shares at a set $135. The first few days of gains for SpaceX pushed its market cap above…
Carvana’s new vehicle franchise for Stellantis includes personalised displays and a vehicle “playground” for consumers for each of its core U.S. brands. Courtesy Carvana DALLAS — Carvana is aiming to bring its online strategy for selling used vehicles to sales of new cars and trucks. But don’t expect the company to actually sell you a…
Terry Duffy, CME Group Scott Mlyn | CNBC CME Group‘s longtime leader Terry Duffy will step down as chief executive officer next year, succeeded by President and Chief Financial Officer Lynne Fitzpatrick. Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Tuesday. It marks a more than two-decade run that…
Gywnne Shotwell, President and COO of SpaceX, celebrates the SpaceX IPO with executives at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC In many ways, SpaceX is a lot like bitcoin: it has no earnings, no yield, is so far extremely volatile, and has about as many haters as it does hardcore believers. …
Caitlin Clark of the Indiana Fever dribbles down the court against Cotie McMahon of the Washington Mystics during the first half at CareFirst Arena on June 8, 2026, in Washington. Jess Rapfogel | Getty Images The WNBA is expanding its footprint to CNBC. CNBC-parent Versant announced Wednesday that the business news network will simulcast 11…
The oil supply shock caused by the Iran war has eroded global demand for crude — but a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year, the International Energy Agency said on Wednesday. In its latest monthly oil market report, the IEA slashed…
Chiefs of the world’s leading AI companies are descending on the G7 conference in France Wednesday, in a sign of their growing geopolitical influence as artificial intelligence rises to the top of the global agenda. CEOs including OpenAI’s Sam Altman, Anthropic’s Dario Amodei, Google DeepMind’s Demis Hassabis, alongside around a dozen other tech leaders, will…
More and more central banks are storing gold bullion at home rather than overseas, as they expect to buy more of the safe-haven asset amid heightened geopolitical tensions. These are among the findings of the World Gold Council’s annual Central Bank Gold Reserves survey. It found that monetary authorities still see gold as a key…
