Novo CEO tells CNBC why drugmaker is rebranding, needs to 'rethink' obesity strategy
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
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GM plans U.S. battery development as Trump's DOT attacks Ford for China ties
Most battery cells currently rely on raw materials from China. GM is seeking to establish domestic supply chains both for EVs and energy storage.
Wealthy investors are pouring billions into this new tax strategy despite risks
Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider.
Record U.S. cyclosporiasis outbreak is over, CDC says
The largest outbreak, linked to shredded iceberg lettuce from Taylor Farms, sickened more than 12,000 people.
25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
Macy's posts strong results, raises guidance as turnaround begins to take hold
Macy's posted strong fiscal second-quarter results on Thursday and raised its full-year guidance.
Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
NFL Commissioner Roger Goodell says league could rework TV packages in next media deal
The NFL has an opt-out clause at the end of the 2029-30 season in which it can resell and redistribute its media rights.
OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling and pitchbook tasks traditionally handled by junior bankers.
Home sales fall in August despite the highest supply in over a decade
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.
Kimmel says interview with Senate candidate Talarico won't air on ABC amid FCC threats
ABC has come under increased pressure from the FCC, and the Trump administration has raised concerns about equal air time for political candidates.
NFL's Roger Goodell is playing the international long game ahead of league's Australia debut
Goodell spoke with CNBC Sport ahead of the league's first-ever, regular-season game in Australia this week.