A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
Public markets are beginning to reopen for biotech companies after several years of muted activity. But the strongest companies may still be more likely to sell themselves to Big Pharma rather than testing investor appetite in an IPO, according to JPMorgan’s top healthcare dealmakers. The IPO window has reopened for high-quality biotech companies, but investors…
Sheldon Cooper | Lightrocket | Getty Images Centene said it offered buyouts to some employees on Monday, as the health insurer grapples with higher medical costs, funding cuts and membership declines. “Centene is positioning the company to lead the future of healthcare — working to deliver a simpler and better experience for our members and…
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,…
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of New York City, U.S., July 20, 2025. Eduardo Munoz | Reuters Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation as the industry grapples with…
Charlie Javice leaves Manhattan federal court after being sentenced to 85 months in prison for defrauding JPMorgan Chase & Co., in New York City, U.S., Sept. 29, 2025. Jeenah Moon | Reuters Charlie Javice, who was convicted of defrauding JPMorgan Chase after selling her company, is seeking a pardon from the Trump administration, The Wall…
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger. “Lauderdale has been a star for us,”…
Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025 in Beijing, China. VCG | China News Service | Getty Images PARK CITY, Utah — Rivian Automotive CEO RJ Scaringe envisions a day in the not-so-distant future when the electric vehicle maker’s manufacturing employees will…
A video displays Elon Musk, founder of SpaceX, after the company’s initial public offering at the Nasdaq MarketSite in New York on June 12, 2026. Michael Nagle | Bloomberg | Getty Images Shortly before the opening of Nasdaq trading on Friday, Elon Musk stepped in front of a cheerful crowd at SpaceX’s company town in…
SpaceX didn’t just rewrite the playbook for aerospace and defense, it helped birth a new space economy. Now Elon Musk’s company is tackling a different type of moonshot: going public. “I wasn’t sure we would go public,” SpaceX Chief Operating Officer Gwynne Shotwell told CNBC in an exclusive interview, just before the company started its…
