Nike CEO John Donahoe said during the inaugural CNBC CEO Council Summit it’s important for corporations to fight for the values integral to their brands.
Florida sued over law blocking Chinese citizens, other foreigners from buying property
Cramer says AI is fueling the ‘reacceleration of tech’ in the stock market
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Guaranteed lifetime income gains appeal amid worries a recession is coming
More retirement savers are considering some type of guaranteed lifetime income amid concerns about the economy and the possibility of a recession.
JPMorgan says stocks’ risk/reward is ‘poor,’ recommends adding to cash and gold holdings
The chief strategist recommends investors take a more defensive stance in their portfolios, saying he favors cash and gold over energy, equities and credit.
Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
Alibaba’s CEO Daniel Zhang has long-seen cloud computing as a key part of the e-commerce giant’s future.
Republicans question June 1 debt ceiling deadline as talks zero in on potential trade-offs
Debt ceiling negotiators are zeroing in on a small list of key issues after President Joe Biden and House Speaker Kevin McCarthy met Monday afternoon.
Microsoft is bringing an A.I. chatbot to data analysis
With its Fabric bundle, Microsoft is trying to persuade companies to use more of its data tools and to save money while they’re at it.
Goldman Sachs upgrades this little-known diagnostics stock, says it can rally 40% from here
Buy this life sciences company as screening for key neurological conditions comes to the forefront, Goldman Sachs says.
Panera Bread parent announces CEO transition as it prepares for ‘eventual IPO’
Panera Brands CEO Niren Chaudhary will be succeeded by Einstein Bros. Bagels CEO Jose Duenas, effective July 1.
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