Tag: business news
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EnQuest is interested in buying BP’s North Sea assets, CEO tells CNBC
EnQuest CEO Amjad Bseisu told CNBC the company is interested in BP’s U.K. North Sea assets as the oil major explores a sale of the business.
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China’s slowdown pushes New Zealand exporters to diversify away from their top buyer, RBNZ official tells CNBC
New Zealand exporters are diverting shipments bound for China to new markets, as demand from the country’s top buyer cools, a central bank official tells CNBC.
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Google starts September with AI momentum after longest monthly losing streak in over a decade
After a slow but extended selloff on Wall Steet, Google began September with renewed momentum, helped by new AI models.
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Why Hilton calls this Asian country the fastest-growing tourism market
Hilton says one Asian country is the most exciting global tourism market as regional travel surges.
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PG&E CEO calls on California to pass wildfire reform after the shelved effort crushed the stock
PG&E CEO Patti Poppe said she’s hopeful California lawmakers can revive wildfire liability reform after a failed proposal sent the utility’s shares tumbling.
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Jim Cramer says investors aren’t ditching tech — they just want cheaper stocks
CNBC’s Jim Cramer said investors aren’t abandoning AI or technology stocks — they’re rotating out of high-multiple names and into cheaper stocks.
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NBA suspends Clippers owner Ballmer for one year in Kawhi Leonard salary cap probe
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
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Snowflake spikes 22% on healthy results and AI coding momentum
Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.
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The Los Angeles Angels are being sold for a record $4 billion. Here’s what every MLB team is now worth
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu Stan Kroenke has agreed to buy the Los Angeles Angels in a deal that values the team and its regional
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Yields surged to kick off September. BlackRock spots solid income in this corner of the market
Today’s higher yields offer a solid starting point for returns in fixed income, but investors will need to be picky about where they take credit risk.
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