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Latest coverage from CNBC

Renting a yacht in the Mediterranean this summer just got cheaper

Summer charters in the Med are down 20 to 30 from last year, yacht brokers say, with a growing number offering special discounts for July and August.

4 hours ago

Nike to cut off thousands of online distributors in China, restructure digital footprint

Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.

16 hours ago
2

RFK Jr. says cyclospora outbreak is 'under control'

Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is under control despite criticism.

21 hours ago

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Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe

Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.

22 hours ago

GM announces new gas-powered Cadillac vehicles amid EV pullback

GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.

1 day ago

Wall Street is selling more rental homes, as buying ban takes effect

The largest landlords are all net sellers year-to-date, with 3,180 more homes sold than bought since Jan. 1.

1 day ago
2

GM beats on earnings, raises guidance amid 'resilient' consumer, pricing

GM raised several key earnings forecasts after beating Wall Street's second-quarter expectations as its North American operations continue to drive results.

1 day ago

Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising

Novo asked the court to permanently stop Lilly from running the deceptive ads and require the drugmaker to issue corrective advertising.

1 day ago

GM beats on earnings, raises guidance amid resilient vehicle pricing

Wall Street analysts expect General Motors to report adjusted earnings per share of 3.20 and revenue of 47.01 billion.

1 day ago
1

General Motors is set to report earnings before the bell. Here's what Wall Street expects

Wall Street analysts expect General Motors to report adjusted earnings per share of 3.20 and revenue of 47.01 billion.

1 day ago
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