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Ultra-rich families spend more on private investment firms as fortunes rise
Anciens Huang | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight…
More drugs should be over-the-counter
Food and Drug Administration Commissioner Marty Makary told CNBC that he believes "everything should be over the counter" unless a drug is unsafe, addictive or requires monitoring – doubling down on a push that some in the pharmaceutical…
Lakers’ Jeanie Buss says dad would have supported sale to Mark Walter
Six-time NBA Champion Los Angeles Lakers owner Jeanie Buss said new majority owner Mark Walter's access to capital will help the team best compete with the NBA's top franchises — and that her late father, Jerry Buss, would have supported…
Novo Nordisk faces defining year in the obesity drug market
Mike Doustdar, CEO of Novo Nordisk, speaks in the Oval Office during an event about weight loss drugs at the White House, Nov. 6, 2025.Andrew Caballero-Reynolds | Afp | Getty ImagesNovo Nordisk entered 2026 with the momentum of a…
Spirit Airlines sells planes, calls back furloughed flight attendants
A Spirit Airlines plane is at George Bush Intercontinental Airport in Houston, Dec. 29, 2025.Reginald Mathalone | Nurphoto | Getty ImagesSpirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another…
Lunar New Year gives brands a chance to win back big spenders in China
Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500…
How package, logistics companies are bringing robots into warehouses
DHL Autonomous Robot at work.Source: DHLWorkers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses.Now, their distance and efforts are greatly reduced by autonomous…
American Airlines flight attendants to picket as frustrations grow
American Airlines flight attendants' union plans to hold a picket outside the company's headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and…
Moderna says FDA refuses to review application for flu shot
The Food and Drug Administration has refused to start a review of Moderna's application for its experimental flu shot, the company announced Tuesday, in another sign of the Trump administration's influence on tightening vaccine…
Paramount sweetens WBD bid, stops short of raising value
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called "ticking fee" to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share…