Press Releases

Displays all press releases

Abivax’s stock surged to become a prime biotech takeover target

Europe’s best-performing blue-chip stock in 2025 is widely expected to be bought by a larger peer, in a deal analysts say could be worth as much as $23 billion. Abivax, the French clinical-stage biotech company developing a treatment for ulcerative colitis and Crohn’s disease, saw shares rocket 1,681% last year, far outpacing the Stoxx 600 […]

Abivax’s stock surged to become a prime biotech takeover target Read More »

CNBC launches initiative to help 30 million Americans rare diseases

Thirty million. It’s a big number. Maybe not in the context of business news, where we usually talk about company valuations that are in the billions, or even trillions. But when we’re talking about people, 30 million is a very big number.  Thirty million is the number of people that the National Organization of Rare

CNBC launches initiative to help 30 million Americans rare diseases Read More »

Intel says it will match government’s ‘Trump Accounts’ contribution

The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees.

Intel says it will match government’s ‘Trump Accounts’ contribution Read More »

Market thinks BlackRock’s Rieder will next chair the Fed. What’s at stake

A five-month process of finding the next Federal Reserve chair appears to be down to its final days, with one candidate emerging as the betting favorite even as others remain in the mix. BlackRock fixed income chief Rick Rieder is seen by prediction markets as the frontrunner to replace Jerome Powell at the helm of

Market thinks BlackRock’s Rieder will next chair the Fed. What’s at stake Read More »

Amazon’s grocery boss details Fresh, Go restructuring: Read the memo

On Monday, Amazon’s chief merchant, John Farrell, announced in a LinkedIn post that he’s leaving the company to “explore new challenges.” Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant

Amazon’s grocery boss details Fresh, Go restructuring: Read the memo Read More »

The Fed decides on interest rates Wednesday. Here’s what to expect

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. Kevin Lamarque | Reuters This week’s Federal Reserve meeting offers little suspense and probably not much action, even as massive changes loom over the central bank’s

The Fed decides on interest rates Wednesday. Here’s what to expect Read More »

Forget the 60/40 portfolio. This investor is 70/30 stocks and cash

Here’s how one investor is planning to play the volatility he expects this year after a whipsaw first month: a portfolio that is 70/30 stocks and cash. Ken Mahoney, CEO of Mahoney Asset Management, said investors should hold onto a “meaningful amount” of cash this year — roughly 20% to 30% of their portfolios —

Forget the 60/40 portfolio. This investor is 70/30 stocks and cash Read More »

Scroll to Top