S&P 500 closes near 5,000, notches record high as strong earnings continue: Live updates
The S&P 500 rose Wednesday and edged closer to the 5,000 level for the first time, hitting a new intraday record.
This morning routine helps Mark Cuban stay productive—it involves working from his bed
Unlike some other CEOs, Mark Cuban doesn’t wake up at 4 a.m — but he does start his day working from bed for an hour. Here’s why it makes him productive, he says.
Alibaba shares drop 5% after revenue miss, $25 billion boost to buyback plan
Alibaba missed market expectations for revenue in the December quarter but announced it is increasing the size of its share buyback program by $25 billion.
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk
NYCB has been in free fall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.
Renewables giant Orsted exits several offshore wind markets, pauses dividend after turbulent year
Danish renewables giant Orsted on Wednesday announced plans to cut jobs and exit several offshore wind markets after a tumultuous year of rising costs.
UK homebuilder Barratt to buy rival Redrow in 2.52 billion pound deal
Britain’s biggest homebuilder Barratt will buy Redrow in an all-stock deal valuing its smaller rival at about 2.52 billion pounds ($3.18 billion).
Netanyahu rejects ceasefire proposal, insists on total victory over Hamas
According to a draft document seen by Reuters, the Hamas counterproposal envisions three phases lasting 45 days each.
Siemens Energy swings to profit on order surge, sale of Indian stake
Siemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian affiliate.
Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here
Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group.
CNBC Daily Open: Tech layoffs continue to hit
There appears to be no letup in Silicon Valley’s march to downsize, or rather to “right-size.”
