2026
American Express is cutting 5% of its workforce to ‘prepare for AI’
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
DOJ sues to block Alaska from certifying Senate race winner if Republican narrowly loses
The Alaska race is one of several contests around the United States that could determine whether Republicans retain their slim majority in the Senate
Restaurant earnings will test whether owning more brands pays off
Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald’s and Chipotle.
Russia, Ukraine agree to Oleshky ceasefire brokered by Melania Trump, White House says
The White House said Friday that first lady Melania Trump secured a ceasefire between Russia and Ukraine in the Russian-controlled city of Oleshky.
Moderna shares plunge after cancer vaccine data leaks — despite positive results
Moderna released full data on its closely watched cancer vaccine developed with Merck.
Trump invokes Cold War era Defense Production Act for oil production, refining
President Donald Trump determined on Thursday that petroleum production, refining, and related activities are essential to national defense, a move that could open up U.S. funding for fossil fuel projects. Read more Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S. In a presidential memo, Trump also invoked part […]
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola.
Judge orders Trump to sit for deposition in BBC defamation lawsuit by Dec. 11: Reports
Trump’s lawyers had requested that his deposition be conducted between Jan. 11 and Jan. 22.
Cruise lines chase luxury travelers with suites for up to $25,000 a night
CNBC got a tour of the Regent Suite, a top-of-the-line offering on Regent’s Seven Seas Splendor that goes for $15,000 a night.
Spain accuses Trump ally Milei of ‘disgraceful’ election interference
Argentinia’s Javier Milei launched a barrage of insults at Spain’s left-wing Prime Minister Pedro Sanchez on a visit to Madrid, calling on voters to oust him.