Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAsia-Pacific markets opened mixed Wednesday as investors weighed Japan’s new government and fresh trade data from Tokyo.Japanese exports in September snapped four months of declines, climbing 4.2% year on year, as shipments to Asia saw robust growth, partially offsetting the drop in exports to the U.S.Exports, however, missed expectations of a 4.6% rise, according to median estimates in a Reuters poll of economists.Prime Minister Sanae Takaichi and her new cabinet were sworn in on Tuesday, with her former…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyCNBC’s ‘Fast Money’ team discusses General Motors as the automaker beats earnings expectations on the top and bottom lines.02:293 hours ago Source link
YOKOHAMA, KANAGAWA, JAPAN – 2025/08/28: A loaded container ship is docked inside Tokyo Bay. Sopa Images | Lightrocket | Getty ImagesJapanese exports in September snapped four months of declines, climbing 4.2% year on year, as shipments to Asia saw robust growth, partially offsetting the drop in exports to the U.S.Exports, however, missed expectations of a 4.6% rise, according to median estimates in a Reuters poll of economists.Shipments to Asia climbed 9.2% compared to the same period last year, while exports to the U.S., Japan’s second largest trading partner, dropped 13.3%. Exports to mainland China, Japan’s largest trading partner rose 5.8%.SJapan’s…
Paul J. Ingrassia, nominee to lead the Office of Special Counsel.Source: DHSPaul Ingrassia, whom President Donald Trump had nominated to lead the Office of the Special Counsel, withdrew from Senate consideration for that post on Tuesday night after new controversy over a series of racist text messages he reportedly sent that included him saying he had a “Nazi streak.”Ingrassia’s nomination was already considered doomed in the Senate, where Trump’s Republican Party holds a majority, and where multiple key GOP senators said they would not vote to confirm far-right former podcaster as Special Counsel.”I will be withdrawing myself from Thursday’s [Senate…
new video loaded: What’s Left to Be Done in the Gaza Cease-Fire DealIsrael and Gaza have signed a cease-fire that mediators hope will bring two years of deadly war to an end. The deal is based on the first phase of President Trump’s plan, but Phase 2 remains uncertain. David Halbfinger, our Jerusalem bureau chief, walks us through the four main stumbling blocks ahead.October 21, 2025 Source link
Capital One shares rose on Tuesday evening after the credit card issuer reported a sizeable quarterly beat, driven by improved credit quality performance. Revenue in the third quarter ended Sept. 30 increased 53% year over year to $15.36 billion, beating the LSEG-complied consensus estimate of $15.08 billion. Adjusted earnings per share increased 32% year over year to $5.95, exceeding the $4.37 estimate, LSEG data showed. This adjusted figure excludes a $1.12 after-tax diluted EPS impact tied to integration expenses, intangible amortization expense, and loan and deposit fair value market amortization related to the Discover acquisition. COF YTD mountain Capital One YTD…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Rihanna celebrates the launch of Fenty Beauty at ULTA Beauty on March 12, 2022 in Los Angeles, California.Kevin Mazur | Getty ImagesLuxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the matter.The company is working with investment bank Evercore on the sale, three of the people said. All four asked not to be identified because the process is confidential.In 2017, Rihanna, whose full name is Robyn Rihanna Fenty, launched Fenty Beauty with the help of Kendo Brands, LVMH’s in-house beauty incubator. She and LVMH each own half of the company, sources said.LVMH and Evercore declined to comment. Fenty Beauty and representatives for Rihanna did not immediately return requests for comment.Fenty Beauty, which generated around…
Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft CEO Satya Nadella is getting a big bump in his compensation, as the company’s stock price has continued to rally, propelled by the boom in artificial intelligence. Nadella’s total pay for fiscal 2025 climbed 22% to $96.5 million from $79.1 million last year, Microsoft said in a proxy filing after the close of regular trading on Tuesday. That includes more than $84 million in stock awards and over $9.5 million in Nadella’s cash incentives.The pay…
Starboard Value’s Jeffrey Smith, a prominent activist investor, presented three new investment ideas Tuesday at the 13D Monitor’s Active-Passive Investor Summit in New York City. Bill Holdings The first pick Smith highlighted was software name Bill Holdings , which he believes trades at a 50% discount to its underlying, intrinsic value. The company helps small- and medium-sized businesses manage and pay invoices. Bill makes money in three ways: subscriptions, transactions and float revenue, Smith said. A Starboard representative recently joined Bill’s board of directors. Smith said Bill’s various revenue streams decelerated in the aftermath of the pandemic, but he sees a…
