This biotech startup has a chance to grab a piece of the lucrative obesity drug market, analysts say
On Tuesday, several firms initiated coverage of Structure Therapies with buy and outperform ratings, driving up shares more than 6%.
Biden nominating Julie Su as next U.S. labor secretary
Su, if confirmed, would also expand the majority of women serving in the president’s Cabinet. She was confirmed to her current role in 2021 by a 50–47 vote.
FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges
FTX’s former engineering head Nishad Singh pleaded guilty to criminal charges in New York on Tuesday
China’s CCP warns Elon Musk against sharing Wuhan lab leak report
Chinese state media warned Tesla CEO Elon Musk that he could be endangering his relationship with China after Musk shared tweets about a Wuhan laboratory.
Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effort
CEO David Solomon acknowledged that Goldman didn’t “execute well” on its consumer push, but added that management would reflect and learn from the episode.
Chinese startup Realme launches $649 smartphone it says can be fully charged in just over 9 minutes
On Tuesday, Chinese smartphone upstart Realme launched the GT3 for international markets at the Mobile World Congress in Barcelona.
Mexican president says Tesla will build a new plant in Mexico
Tesla will build a new plant in Monterrey, Mexico, and adhere to a series of commitments to address water scarcity
BP CEO defends spending plans as climate protesters block entrance to London energy conference
BP CEO Bernard Looney on Tuesday sought to defend the firm’s fossil fuel spending plans as protesters disrupted the first day of a global energy conference.
Watch CNBC’s full interview with Santander Executive Chair Ana Botin
Ana Botin, the executive chair at Santander, speaks to CNBC’s Charlotte Reed after the bank lifted its profitability goal on Tueasday.
Samsung says S23 smartphone sales ahead of S22 with most people buying the priciest ‘Ultra’ model
Sales of Samsung’s Galaxy S23 flagship smartphone have outstripped last year’s S22 in a comparative period, according Samsung executive Patrick Chomet.
