Economy

People pass by the Pfizer headquarters building in New York City, Jan. 29, 2023. Kena Betancur | View Press | Corbis News | Getty Images Activist investor Starboard Value has a roughly $1 billion stake in pharmaceutical giant Pfizer and is seeking to mount a turnaround at the struggling companyaccording to people familiar with the […]

This is a photograph of a Rio Tinto mining helmet taken on 2 Jun. 2020. Aaron Bunch | Getty Images The world’s second-largest miner Rio Tinto expressed interest in acquiring U.S. lithium producer Arcadium, the two companies confirmed in separate statements on Monday. No financial specifics were disclosed. Rio Tinto said that there is no […]

More than 90% of travelers from Southeast Asia say that gun prevalence in the United States influences whether they will visit, according to a new survey. The study — which surveyed 6,000 international travelers from the six countries — showed that respondents perceived Hawaii to be the safest state in terms of gun violence, while […]

Vice President Kamala Harris sits for an interview with Alex Cooper on the “Call Her Daddy” podcast. Call Her Daddy Vice President Kamala Harris was all business in an interview on the sex-positive “Call Her Daddy” podcast that aired Sunday. Harris, the Democratic presidential nominee, spent the bulk of the roughly 40-minute conversation litigating her […]

Democratic presidential nominee and U.S. Vice President Kamala Harris reacts while speaking about Republican presidential nominee and former U.S. President Donald Trump, during a campaign event at a fire station, in Redford Charter Township, Michigan U.S., October 4, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris is slated to hit the media circuit in […]

TikTok Chief Executive Shou Zi Chew reacts during a session for him to testify before a House Energy and Commerce Committee hearing entitled “TikTok: How Congress can Safeguard American Data Privacy and Protect Children from Online Harms,” as lawmakers scrutinize the Chinese-owned video-sharing app, on Capitol Hill in Washington, March 23, 2023.Evelyn Hockstein | Reuters”Welcome… […]

Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022.Akio Kon | Bloomberg | Getty ImagesBinance is the world’s largest crypto exchange by volume and assets, having processed $9.5 trillion worth of trades in 2021 alone. But it’s not supposed to be allowed to operate in China, which… […]

Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its aggressive actions against digital currency firms, according to multiple executives who spoke to CNBC.Unlike other countries, the U.S. has yet to come up with a comprehensive framework or set of… […]

Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump reacts during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Former President Donald Trump’s return to ButlerPennsylvania, the site of his July […]

In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can […]