Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Elon Musk’s Net Worth Hits $900 Billion Again—As Billionaires, Harvard Disclose SpaceX Stakes
A regulatory deadline revealed dozens of institutional investments in Musk’s rocket firm.
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Kanye West Will Perform In Russia, Venue Says
The rapper will perform two nights at St. Petersburg’s Gazprom Arena, the venue said, after several European shows were canceled o…
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The 'boomcession' is here. GDP is up and your paycheck is shrinking
Wages are losing ground to rising prices even as GDP grows and stocks climb. The workers left behind aren't showing up in the data…
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Giving every American a stake in AI sounds great until you do the math
Plans to give Americans a stake in AI crumble against basic math. A public share without board representation offers money but no …
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The best air fryer toaster ovens in 2026, ranked by Consumer Reports
Air fryer toaster ovens can toast unevenly or take too long to heat up. Consumer Reports tested four models to find the top perfor…
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The best frying pans, ranked by Consumer Reports
Frying pans differ widely in how evenly they cook and release food. Consumer Reports tested 11 models across materials to find the…
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Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integ…
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Why Mark Walter—Facing Federal Scrutiny And Trump Conspiracy Theories—May Have Sold The Lakers
Walter sold the legacy basketball franchise just over a year after acquiring it.
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AI is quietly killing the hourly billing model that built India's IT industry
India's outsourcing giants are booking bigger profits with fewer employees. Clients now insist on paying for results, not hours wo…
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Excavators, Meet AI: Gravis Nabs $200 Million From SoftBank To Give Construction Equipment Brains
Hello, largest series-A in construction equipment ever. Gravis Robotics is putting AI brains in heavy construction equipment.
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Retail Sales Show Strength The Headlines Are Missing
Recent retail sales reports are misleading, as unadjusted monthly sales rose 0.9%. Year-over-year sales are up 5.2%, outpacing inf…
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The 5 best kitchen tools, ranked by Consumer Reports
Small kitchen tools can turn tedious prep work into a quick, easy task. Consumer Reports tried five gadgets to find the most usefu…
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Ferrari's first electric car fetched $40 million at auction — setting a record for any new car
The tailor-made Luce, chassis 0 of Ferrari's new EV program, sold at RM Sotheby's Monterey Car Week auction, beating Ferrari's own…
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Serve Robotics is partnering with Grubhub after its Uber Eats partnership fell through
The sidewalk delivery company is adding Grubhub to its platform network as it works to replace volume lost from its expiring Uber …
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Alphabet is pursuing its first Australian dollar bond sale to fund AI spending
The Google parent may sell securities across four maturities, with pricing potentially as early as this week
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Trump Must Pay E. Jean Carroll $5 Million, Supreme Court Finalizes
The request was Trump’s last shot to get out of paying Carroll $5 million.
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AI video startup Higgsfield raised $400 million, quadrupling its valuation in about eight months
The AI video platform said its annualized revenue reached $700 million this month, up from $20 million a year earlier
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Why Similar Consumer Businesses Sell For Very Different Prices
Consumer business valuation depends on more than EBITDA. See why similar earnings can produce different prices and what buyers exa…
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Shein's Hong Kong IPO valuation has plunged to a quarter of its 2022 peak
The fast-fashion retailer's expected listing price has dropped below the $30–$40 billion range it was targeting earlier this month
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OpenAI's president is brushing off concerns about the company's executive exodus
Greg Brockman told CNBC the wave of senior exits is "not that atypical" and that scrutiny stems from OpenAI's high public profile
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Ella Langley Breaks Her Historic Four-Way Tie With Another Week As A Bestseller
Ella Langley's "Choosin' Texas" returns to No. 1 on Billboard's Digital Song Sales chart, with the tune now standing out as the si…
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Acid Bath’s Revival Is A Testament To Underground Music’s Enduring Spirit
Acid Bath vocalist Dax Riggs spoke to Forbes about the band's unconventional revival and what the future holds for the band.
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Why Danny Trejo Isn’t Slowing Down Anytime Soon: ‘I Refuse To Be A Boomer’
Danny Trejo, the prolific actor known for 'Spy Kids' and 'Machete,' has partnered with Aspercreme to knock out the "OK Boomer" ins…
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EV, Battery Sales Help Q2 Cleantech Investment Rebound
This week’s Current Climate newsletter also looks at big funds flowing into long-duration battery makers and the impact of a big p…