Business
With CVS’s ouster of CEO Karen Lynch, GM is now the largest Fortune 500 business led by a female CEO
CVS CEO Karen Lynch lost her job in a surprise ouster on Friday. Read More
Cubans incensed about ‘a country in ruins’ on third day of countrywide blackout
The power grid failed in a chain reaction Friday due to the unexpected shutdown of the biggest of the island’s ...
CVS needs ‘realistic targets’ it can exceed says analyst after CEO dismissal
The company’s approach to guidance this year led to continual cutting of goals. Read More
Honeywell signs deal with Google to bring Gemini generative AI to industrial sector
Honeywell has signed a deal with Google to bring generative AI from its Gemini model and Vertex cloud platform together ...
Deutsche Bank says buy GE Vernova, sees 30% potential upside
Shares of GE Vernova could rise due to growth potential in its gas power, wind and electrification businesses, according to ...
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day.
Elon Musk’s $1 million petition giveaway can be sabotaged by Kamala Harris supporters, says Silicon Valley billionaire
Signing petition could muddy up Musk’s database, draining valuable resources and diluting its ability to micro-target voters. Read More
Biden announces plans for free birth control without a prescription
The current U.S. health care law requires most insurance plans to cover contraception at no cost, but allows them to ...
Stocks making the biggest moves premarket: Boeing, Kenvue, Humana, Warby Parker and more
These are some of the stocks posting the largest moves in premarket trading.
Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.
Goldman Sachs upgrades Warby Parker to buy, cites strong margin growth as catalyst
Warby Parker’s promising outlook justifies its premium valuation, according to Goldman Sachs.
Volkswagen Finance fined £5.4mn for failing to treat customers fairly
Car manufacturer’s motor lending arm agrees to pay £21.5mn to 110,000 borrowers
Georgia islanders rush to rescue survivors as dock walkway collapse kills 7 after annual Gullah festival
Orange life jackets bobbed in the water, where bystanders rushed to form a human chain for passing survivors to safety. Read ...
CEO of Amazon-owned Ring says ignoring fear got her to corner office: ‘Successful people just drown out all the noise’
The CEO of Amazon-owned home security device Ring discusses what got her to the C-suite and her leadership philosophy. Read ...
Israel’s massive war spending could force tough choices between social programs and the military
Military spending has ballooned, and growth has stalled, especially in dangerous border areas that were evacuated. Read More
Apple’s AirPods Pro 2 will soon work as a hearing aid. Here’s what it’s like
CNBC tested the new hearing health features coming to AirPods Pro 2.
Goldman forecasts just a 3% S&P 500 annual return the next 10 years, down from 13% the last decade
The S&P 500 will serve up a miniscule return over the next decade that falls far short of the booming ...
Exclusive: Gili Raanan’s Cyberstarts raises $60 million for fourth seed fund
Cyberstarts has now raised $60 million for its fourth seed fund, Fortune has exclusively learned. Read More
Millennials ‘scarred from the Great Recession and COVID’ are financially outperforming Gen Xers and boomers at the same age
A new study from LendingTree found millennials have a higher net worth than Gen X and baby boomers at similar ...
Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax ...
Gold hits record high as rate cuts and Middle East tensions fuel demand
Gains of 40% in the past year spark predictions of rally to $3,000 a troy ounce
$2 trillion Norway oil fund CEO Nicolai Tangen says AI stock boom has created a concentration risk ‘we have never seen before’
Nicolai Tangen’s $2 trillion oil fund holds billions in AI companies, but he thinks they’re emerging as a key risk ...
German sheep farmers are describing this virus as the ‘most aggressive’ they’ve seen in over a decade
Bluetongue is a non-contagious, insect-borne viral disease that affects ruminants such as cows and sheep. Read More
Arnold Palmer’s daughter calls Donald Trump’s references to her father ‘a poor choice of approaches’
One of the late golf legend Arnold Palmer’s daughters calls Trump’s references to her father’s genitalia “a poor choice of approaches” to honoring ...
An isolated island nation is a tax haven for the ultra rich to hide their money
The Cook Islands trust is referred to as the gold standard in asset protection. Read More
Governments have just 5 weeks to end plastic pollution. A global, binding treaty is the only solution
Dame Ellen MacArthur-Christiana Figueres: The negotiations in Busan are a once-in-a-generation opportunity to address the root causes of plastic pollution. ...
Harris gets help from Stevie Wonder as she urges Black churchgoers in Georgia to head out to vote
Harris visited two Atlanta area churches as part of a nationwide push known as “souls to the polls.” Read More
People with certain disabilities are eligible for Medicare under age 65. Here’s who qualifies
Medicare coverage for people under 65 with disabilities is tied to Social Security Disability Insurance (SSDI) benefits. Read More
Neuberger Berman-led consortium takes stake in EQT-backed private school operator
Deal values Nord Anglia at $14.5bn as private equity groups dive into education sector
Cleric and alleged Turkish coup plotter Gülen dies in exile
Preacher depicted by Erdoğan as his principal enemy was never extradited by US
