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Politics
Lululemon proxy war with Chip Wilson goes public, sets annual meeting
Lululemon is showing its teeth. The Vancouver, British Columbia-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has "outdated perspectives" and…
Trump turns to midterms, affordability after China as Iran continues
US President Donald Trump (R) gestures as he poses for photos with China's President Xi Jinping during a visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty ImagesPresident Donald Trump has returned stateside…
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. |…
Luigi Mangione backpack evidence blocked in CEO murder case
Luigi Mangione appears in Manhattan Supreme Court for a suppression of evidence hearing in the killing of United Healthcare CEO Brian Thompson, December 2, 2025. Curtis Means | Via ReutersA New York state court judge on Monday blocked…
EU warns Iran war is causing stagflation shock
The EU will downgrade its growth forecast because of the "stagflationary shock" caused by the Iran war, the bloc's commissioner for the economy told CNBC.Valdis Dombrovskis, European Commissioner for Economy and Productivity, told CNBC's…
Trump drops $10 billion lawsuit against IRS
US President Donald Trump (R) and his son Eric Trump (L) depart the White House en route to Charlottesville, Virginia on April 10, 2026, in Washington DC. Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump, his two eldest sons,…
NextEra Energy (NEE) to buy Dominion Energy (D)
Budrul Chukrut | Lightrocket | Getty ImagesNextEra Energy will buy Dominion Energy in an all-stock deal that unites two leading players in the race to meet growing electricity demand from data centers that run artificial intelligence…
Treasury yields are little changed after last week’s global rout
A trader works during the Hawkeye 360 Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 7, 2026.Michael Nagle | Bloomberg | Getty ImagesU.S. Treasury yields were…
Novo Nordisk bets on Wegovy pill to win weight loss battle beyond U.S.
Wegovy semaglutide tablets.Michael Siluk | Universal Images Group | Getty ImagesNovo Nordisk has told CNBC how it is preparing to go "all in" on launching its Wegovy pill outside the U.S, as the battle for dominance of the weight-loss…
Samsung strike involving 47,000 workers looms as South Korea’s president
Members of the Samsung Electronics labour union hold signs reading "Change it to be transparent!" as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company's foundry and semiconductor factory…