Business
- Wall Street banked on a flurry of deals under Trump in 2025. It wasn't that simple - Dealmakers expected a flood of M&A to take place in 2025 following the election of President Trump. The number of transactions didn't live up to the hype.
- This is how exposed European Big Pharma is to the U.S. - U.S. pricing has been the bigegts issue of the year for drugmakers heavily exposed to the U.S. market.
- Nike tops earnings estimates as rising North America sales help to offset China weakness - Nike posted fiscal second-quarter earnings and revenue that topped Wall Street's expectations as CEO Elliott Hill tries to turn around the company.
- Trump signs executive order reclassifying cannabis, opening door to broader weed access - President Donald Trump signed an executive order Thursday reclassifying marijuana as a Schedule III substance with looser restrictions.
- US Core CPI Eases in November to Slowest Pace Since 2021 - Underlying US inflation rose from a year earlier at the slowest pace since early 2021 in November. The core consumer price index increased 2.6%, compared with a 3% annual advance two months earlier, while the overall CPI climbed 2.7% in Nov
- U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people - The U.S. admitted fault in the deadly Army Black Hawk helicopter collision on Jan. 29 that killed all 67 people on board.
- FCC chief Brendan Carr tells Senate that his agency is 'not formally ... independent' - FCC chairman Brendan Carr testified to a congressional committee for the first time since ABC suspended Jimmy Kimmel's show following a Carr threat.
- The Oscars are heading to YouTube in 2029 - The Academy of Motion Picture Arts and Sciences signed a multi-year deal with Google-owned YouTube to stream the Oscars globally starting in 2029.
- Medical supply firm Medline jumps more than 25% in debut after biggest IPO of 2025 - Medline priced at $29 per share on Tuesday, raising $6.26 billion to cap off a strong year for new listings and bolster optimism about 2026.
- ‘Orwellian’: Ben & Jerry’s founder tells CNBC he’s alarmed by Magnum’s board overhaul - The world's largest standalone ice cream business, Magnum, is only a week old but has already had a lifetime of corporate drama.