Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026
Henrique Braun to become the next CEO of The Coca-Cola Company. Courtesy: The Coca-Cola Company Coca-Cola Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid consumer demand for soft drinks. The change will take effect Continue Reading
Stocks making the biggest moves midday: PLAB, AVAV, CART, GEV
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a Continue Reading
Trump pulls truckers who failed English off U.S. roads
U.S. Transportation Secretary Sean Duffy speaks during a press conference to discuss the impact of the government shutdown on air safety workers and travel at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S., October 24, 2025. Rachel Wisniewski | Reuters The Trump administration said Wednesday that it has pulled nearly 10,000 Continue Reading
Fed interest rate decision December 2025:
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting Continue Reading
How December’s Fed rate cut affects borrowing costs
The Federal Reserve cut its benchmark rate by a quarter point at its last meeting of the year. December’s move marks the third time in a row the central bank lowered interest rates — shaving three-quarters of a point off the federal funds rate since September to a range of 3.5%-3.75%. The Continue Reading
Here’s what changed in the new statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black Continue Reading
U.S. seizes oil tanker off the coast of Venezuela: Report
A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, people familiar with the matter told Bloomberg News. U.S. crude oil was up 10 cents, or 0.17%, at $58.35 Continue Reading
Southwest CEO says airline ‘actively pursuing’ airport lounge network
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight Continue Reading
Watch CNBC’s full interview with former SEC chairman Jay Clayton
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jay Clayton, former SEC chairman, joins ‘Squawk Box’ to discuss the state of the affordability issue, how open-air drug markets began and much more.
We’re raising our GE Vernova price target as shares deservedly hit all-time highs
GE Vernova stock deservedly hit all-time highs Wednesday after the energy equipment giant delivered incredibly positive guidance all the way out to fiscal 2028. CEO Scott Strazik on CNBC amplified the incredible near-term and long-term growth story that management outlined at Tuesday evening’s investor meeting. “We have a lot of Continue Reading