The wealth of the world's billionaires reached $15.1 trillion last year, per a new report
The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
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THC drinks could soon be harder to find as Congress delays hemp ban again
THC drinks are booming as an alcohol alternative, but a looming federal crackdown is squeezing makers, distributors and consumers.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
ChargePoint CEO says 70% stock surge 'is the beginning of the momentum'
The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company's losses.
CNBC Sport: NFL set for first-ever game in Melbourne, Australia, in international expansion
The San Francisco 49ers and the L.A. Rams are playing the NFL's first-ever game in Australia, marking an expanded push to grow the game internationally.
Billionaire family offices back healthcare and biotech startups in August
The personal investment firms of titans like Stanley Druckenmiller are backing innovations in gene editing, drug discovery and more.
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.
Southwest to debut airport lounges in four cities, with more to come
The airline is partnering with Chase on the effort, saying it wants to build on that company's Sapphire Reserve Lounge Network.
Ford's production of highly profitable Super Duty trucks hits 20-year high as it recovers from supplier fires
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
American Airlines continues premium push with redesigned Boeing planes
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
Stan Kroenke agrees to buy MLB's Angels, valuing team and regional network at $4 billion
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC's most recent list of the world's most valuable sports empires.
How one of the largest investors in student housing is playing this school year
Mike Gordon of Harrison Street Asset Management said funding cuts and enrollment trends are making specialization more vital than ever.