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Julia Koch attends Blaine & Paul Wilmot Celebrate Behind The Blue Door: A Maximalist Mantra By John Demsey Book Party in New York, on Nov. 9, 2023.Patrick McMullan | Getty ImagesInvestor Julia Koch is looking into buying a limited partnership in the NFL’s New York Giants, a person familiar with the matter confirmed to CNBC.About a year ago, Koch bought a 15% stake in BSE Global, the parent company of the NBA’s Brooklyn Nets, WNBA’s New York Liberty, and Barclays Center. That stake had a $6 billion valuation, according to a person familiar with the terms of the sale.Koch and…
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesSen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk and special government employees of his DOGE project to certify before leaving government service that they cannot use for personal benefit any non-public government data they gained access to.Shaheen, D-N.H., in a letter to Trump, noted that the Tesla CEO Musk and DOGE employees have “unprecedented”…
Jeff KassoufMay 21, 2025, 05:17 PM ETCloseJeff Kassouf covers women’s soccer for ESPN, focusing on the USWNT and NWSL. In 2009, he founded The Equalizer, a women’s soccer news outlet, and he previously won a Sports Emmy at NBC Sports and Olympics.Boston Legacy FC, a 2026 NWSL expansion franchise, will play its entire first season of home games at Gillette Stadium in Foxborough, Massachusetts, due to delays with the redevelopment of its proposed home stadium.”With the 2026 NWSL season beginning in 10 months, Boston Legacy FC will play its inaugural season at Gillette Stadium before the club moves into its…
Apple CEO Tim Cook, left, and Apple chief design officer Jony Ive look at the new Mac Pro during the 2019 Apple Worldwide Developer Conference, or WWDC, at the San Jose Convention Center in San Jose, California, June 3, 2019.Justin Sullivan | Getty ImagesBefore Jony Ive left Apple in 2019, no major Apple hardware launch was complete without a video highlighting the product’s physical design, narrated by Ive’s gentle British accent.He became a touchstone in Silicon Valley for great hardware because of his role in the creation of the iPhone and Apple Watch.On Wednesday, Ive returned to the computer industry…
Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to FactSet. Zoom also posted higher-than-expected adjusted earnings for the last quarter. Snowflake — The cloud-based data storage company’s stock surged more than 6% in after-hours trading after the company reported a solid first quarter. Adjusted earnings of 24 cents per share beat an LSEG estimate…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesOnly half of health insurer Cigna’s clients currently cover the popular GLP-1 weight loss drugs Wegovy and Zepbound because of their high costs. But the company’s pharmacy benefits unit Evernorth has reached a deal with drug makers Ely Lilly and Novo Nordisk which it said will bring prices down for employers and their workers.”This solution is really focused towards clients that aren’t covering it today, and what it allows us to do is one, to bring it on at a reduced…
People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty ImagesAs Republicans push forward with the “big, beautiful” tax bill, federal food assistance may see big cuts.The Supplemental Nutrition Assistance Program, or SNAP, may be cut about 30% under the terms of the bill, which would be the “biggest cut in the program’s history,” according to Ty Jones Cox, vice president for food assistance policy at the Center on Budget and Policy Priorities.SNAP, formerly known as food stamps, currently provides food assistance to more than 40 million individuals including children,…
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | ReutersNike will raise prices on a wide range of footwear, apparel and equipment as soon as this week as the retail industry braces for tariffs to hit its profits, CNBC has learned.Prices for Nike apparel and equipment for adults will increase between $2 and $10, a person familiar with the matter said. Footwear…
Washington CNN — There is a lot of violent crime in South Africa. There is not a genocide against White farmers there. Claims of genocide can sometimes be difficult to adjudicate. This claim is easy. The facts show that the genocide President Donald Trump suggests might be happening is not happening – and that crime against White farmers in South Africa represents a tiny fraction of the country’s overall crime. The most recent South African official data shows that the country had 19,696 murders from April 2024 through December 2024 – and that the victim in just 36 of these…
Traders work on the floor of the New York Stock Exchange in New York, May 19, 2025.Spencer Platt | Getty Images News | Getty ImagesThe U.S. debt-and-deficit situation is bad and facing real prospects of getting worse, triggering a high-profile credit rating downgrade from Moody’s and another selling stampede in stocks and bonds.Whether the recoil in financial markets continues is largely in the hands of policymakers who seem intent on adding to the U.S. fiscal problems in the name of stimulating growth through President Donald Trump’s “big, beautiful” spending bill.For now, Wall Street experts are not optimistic about what happens…