Tag: business news
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Honeywell CEO says AI will ‘redefine automation’ as labor shortages mount
Honeywell CEO Vimal Kapur said AI is poised to “redefine automation” by helping companies turn operational data into actionable insights.
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Pirro’s losses in Fed investigation should stay on the books, judge rules
In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro’s request to vacate his earlier orders.
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Warren questions SpaceX IPO oversight in new letter to stock indexes
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
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Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official
Millions of student loan borrowers who’ve lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.
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SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
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Trump picks former SEC Chairman Jay Clayton as national intelligence director
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu President Donald Trump on Thursday said that he is nominating Jay Clayton to become the next permanent director of national intelligence. Clayton
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CNBC Sport: The plan for this year’s World Cup to revolutionize Major League Soccer
MLS Commissioner Don Garber is banking on this year’s World Cup to change the trajectory of American soccer.
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Pimco is warning about a spike in defaults — How it says income investors should position portfolios
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
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Insurance stocks — especially one name — are about to break out, charts show
Jay Woods of Freedom Capital Markets says insurance stocks have been trending sideways for years but charts show that is changing.
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Coinbase launches tool to let AI agents manage trading and payments
Coinbase is betting that AI agents will become the primary interface for people’s financial activity.
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