Business

NBCUniversal leans into sports ahead of ‘legendary February’

NBCUniversal leans into sports ahead of ‘legendary February’

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💥 Check out this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: A version of this article first appeared in the CNBC Sport Newsletter with Alex Sherman, bringing you the biggest news and exclusive interviews from the world of sports business and media. subscription To receive future issues, directly to your inbox.NBC is about to have a "legendary" month. "Mythical February", a marketing slogan invented by NBC marketing director Jenny Storms, revolves around sports games to be broadcast by NBCUniversal, an NBC affiliate Comcast. The Winter Olympics begin in Milan-Cortina on February 6 with the opening…
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College students and teens can fuel prosperity

College students and teens can fuel prosperity

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🚀 Read this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: A version of this article first appeared in the CNBC Sport Newsletter with Alex Sherman, bringing you the biggest news and exclusive interviews from the world of sports business and media. subscription To receive future issues, directly to your inbox.With trading volume booming in the market, Truist analysts say there may be an unexpected source behind the rise. Analyst Barry Jonas wrote this week that 18- to 20-year-olds, who are too young to gamble legally in most states, could contribute significantly to the growth of…
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Trump shares health care plan as Congress debates ACA subsidies

Trump shares health care plan as Congress debates ACA subsidies

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🚀 Explore this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: President Donald Trump on Thursday laid out the outlines of a health care plan that the White House claims will lower drug prices and insurance premiums.The announcement came as Congress' efforts to expand key tax breaks for the Affordable Care Act face headwinds from Senate Republicans, leaving millions at risk of seeing their health insurance premiums rise.The Trump administration called the initiative the “Great Health Care Plan,” the president said in a video unveiling the policy Thursday morning.Trump said: “I call on Congress to pass…
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Amazon says Saks’ investment is worthless after bankruptcy

Amazon says Saks’ investment is worthless after bankruptcy

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🚀 Check out this insightful post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Amazon package and Saks Fifth Avenue bag.Getty ImagesAmazon He wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers that the beleaguered store "burned hundreds of millions of dollars in less than a year" and failed to put their deal on hold. When Saks acquired Neiman Marcus for $2.7 billion in December 2024, Amazon invested $475 million in the venture with the understanding that the retailer would begin selling its products on Amazon's website and the technology company would…
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Commercial real estate deal-making slows again in November

Commercial real estate deal-making slows again in November

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✨ Discover this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: A version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.For the second month in a row, the commercial real estate market is hot in November. Transaction volume was 10% lower than in November 2024, with just 1,800 deals overall, according to monthly…
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Saks’ acquisition of Neiman Marcus led to bankruptcy

Saks’ acquisition of Neiman Marcus led to bankruptcy

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🔥 Discover this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: An entrance to the Saks Fifth Avenue flagship store in New York on January 14, 2026, after the company filed for bankruptcy protection.Brendan McDiarmid | ReutersFor more than a decade, the former Saks Global CEO had dreamed of adding Neiman Marcus to his collection of department stores, believing the combined entities would create a luxury force powerful enough to challenge the changes sweeping the industry.Instead, Richard Baker's $2.7 billion acquisition of Neiman Marcus in 2024 ultimately pushed the company into bankruptcy just over a year…
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Goldman Sachs (GS) Q4 2025 earnings

Goldman Sachs (GS) Q4 2025 earnings

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🔥 Check out this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., US, October 30, 2025. Kevin Lamarque | ReutersGoldman Sachs It is scheduled to report fourth-quarter earnings before the opening bell on Thursday.Here's what Wall Street expects:Earnings: $11.67 per share, according to LSEGprofit: $13.79 billion, according to LSEGTrading revenue: $2.93B in fixed income and $3.70B in equity per StreetAccount.Investment banking fees: $2.58 billion per StreetAccountGoldman Sachs is expected to benefit from several trends in the fourth quarter.Trading…
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2026 is the “year of implementation” amidst the transformation plan

2026 is the “year of implementation” amidst the transformation plan

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🚀 Discover this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Stellantis CEO Antonio Velosa speaks during an event in Turin, Italy, November 25, 2025.Daniele Mascolo | ReutersDETROIT — Stellantis CEO Antonio Velosa views 2026 as an executive year for the beleaguered maker of Jeep, Ram and Dodge in the U.S. after years of declining market share.Velosa has implemented a turnaround plan since being named CEO in May. So far, his plans have included prioritizing the company's Jeep and Ram brands in the United States as well as reversing several decisions made by his predecessor Carlos…
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Banks are betting on their ability to overcome price restrictions

Banks are betting on their ability to overcome price restrictions

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🚀 Read this insightful post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Mark Mason, CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York on June 17, 2014.Shannon Stapleton | ReutersThe largest U.S. banks showed no sign of giving in to President Donald Trump's mandate to cut credit card interest rates, setting up a standoff just as the president is expected to take the world stage next week in Davos.Executives in JPMorgan Chase and Citigroup Banks warned this week that instead of offering cards at a 10% interest rate, as Trump ordered…
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