Stock Market

GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage” […]

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Butlr body heat sensors make offices more efficient

Butlr heat sensing tech provides insights into office space utilization. Courtesy of Butlr A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large

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Businesses cautious on travel spending as trade uncertainty looms

istocksdaily | iStock | Getty Images Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties, according to new reports from the Global Business Travel Association and travel and expense platform Navan. Corporate travel spending activity increased 15% year over year in the

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Skims deepens ties in women’s sports with League One Volleyball deal

Skims is teaming up with League One Volleyball. Skims Skims is deepening its ties in women’s sports with a new sponsorship in League One Volleyball. The popular undergarments brand started by star Kim Kardashian and Swedish entrepreneur Jens Grede will become the official loungewear, intimates and sleepwear partner of the emerging volleyball league. They did

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Credit card startup Imprint beats big banks for Rakuten co-brand deal

A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023.  Staff | Reuters There’s a new player making waves in an industry dominated by big banks. Imprint, the 5-year-old credit card startup, beat out banks in a competitive bidding process for a new co-branded card from online shopping

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JPMorgan overhauls quantum computing leadership, poaches State Street exec

Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, hiring a State Street executive, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of

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FDA taps biotech exec George Tidmarsh as RFK Jr.’s top drug regulator 

FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009.  Jason Reed | Reuters The Food and Drug Administration said on Monday it has appointed former biotech executive George Tidmarsh as the agency’s top drug regulator. Tidmarsh, an adjunct professor of pediatrics and neonatology

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Southwest Airlines sets a date, plan for the end of open seating

A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis in Las Vegas, Nevada, on March 15, 2025. Kevin Carter | Getty Images News | Getty Images Southwest Airlines passengers will fly in assigned seats for the first time on Jan. 27, the carrier told CNBC. Customers can start

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