Business news
- Nvidia director Persis Drell resigns with $26 million worth of stock after decade on board - Nvidia's board now has 10 directors, including CEO Jensen Huang,
- Major winter storm may affect over 170 million Americans — how much it could cost you - Many households can expect to pay more to cover groceries, heating, disrupted travel plans and insured losses due to the winter storm expected to hit the U.S.
- Sen. Warren blasts CFPB director for undermining Trump's credit card affordability push - Sen. Elizabeth Warren seized on contradictions within the Trump administration when it comes to his push to make credit cards more affordable for Americans.
- Iran is not a major oil producer, but it still moves prices. Here's why - Iran is not a major producer of oil, but the recent civil unrest there still moved markets. Here's why.
- Pardoned Binance founder Zhao says his business relationship with the Trumps was 'misconstrued' - Binance founder and former CEO Changpeng "CZ" Zhao said that he has "no business relationships whatsoever" with the Trump family.
- Intel stock drops 14% as manufacturing troubles overshadow earnings beat - Over the last year, Intel shares have rallied more than doubled on hopes of a turnaround for the embattled American chipmaker.
- Trump's push for Greenland mineral rights could block China's access to rare earths - Greenland has the eighth largest rare earth reserves in the world at 1.5 million tons, according to 2024 data from the U.S. Geological Survey.
- Shares of CSG, one of the world’s fastest-growing defense firms, jump 30% on debut - Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 30% on its stock market debut on Friday.
- What obesity drugmakers see next in the market: More pills, easier access and drug combinations - CNBC spoke to executives from Eli Lilly, Novo Nordisk, Pfizer and other drugmakers at the annual JPMorgan Healthcare Conference in San Francisco.
- Wall Street braced for a private credit meltdown. The risk of one is rising - Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms about the risks.