Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial, Feb. 19, 2026. Jon Putman | Anadolu | Getty Images Meta‘s watershed social media trial just wrapped up in California, but now attention is shifting to the wider industry with TikTok, YouTube…
Tanya Reynolds, Jason Sudeikis and Brendan Hunt in “Ted Lasso,” now streaming on Apple TV. Courtesy: Apple TV Apple on Friday increased the monthly price of Apple TV, its streaming service, to $14.99, or $119 per year. It was previously $12.99 per month, or $99 per year. Apple TV is included in Apple One, a…
Mark Walter chief executive officer of Guggenheim Partners, primary owner and chairman of Major League Baseball’s Los Angeles Dodgers and a 12.7% of BlueCo, a holding company that controls Premier League club Chelsea on the field after the FIFA Club World Cup Final against Paris Saint-Germain on July, 13, 2025 at MetLife Stadium in East…
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran….
Moviegoers watch the film “Ne Zha 2” at an Imax GT Cinema on in Guiyang, China, Feb. 23, 2025. China News Service | China News Service | Getty Images In December, Imax CEO Rich Gelfond opened the door to a sale. Almost nine months later, the company’s stock has hit an all-time high, its box…
CNBC Cures is proudly underwritten by Alexion, AstraZeneca Rare Disease, whose support enables our journalism to elevate stories that advance research, innovation and patient care in rare diseases. The science behind rare disease drug development is changing fast, and with it, so is the financial engine that drives it all. This month saw the launch of…
Gilead Bixlenvo drug Courtesy: Gilead The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus is already under control but who remain on complicated treatment regimens. It could also appeal…
CNBC’s Jim Cramer on Thursday said strong earnings results from Nvidia and Salesforce shattered two of Wall Street’s biggest tech bear narratives, sending both stocks soaring. “We were in the grip of some lies and damn lies, backed by chimerical statistics, and now both bear stories backfired,” the “Mad Money” host said. “Today was a…
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an…
A Best Buy logo sign is seen in Chicago, Illinois, United States, on July 29, 2026. Marcin Golba | Nurphoto | Getty Images Best Buy on Thursday reported better-than-expected fiscal second-quarter results and raised its full-year outlook as the company’s recovery showed more signs of taking hold. The consumer electronics retailer said it saw comparable…
