Brian Thompson, the CEO of UnitedHealth Group’s insurance unit, was fatally shot outside the Hilton hotel in midtown Manhattan on Wednesday morning in what appears to be “a brazen, targeted attack,” the New York Police Department said. “I want to be clear at this time, every indication is that this was a premeditated, preplanned, targeted attack,” Police Commissioner Jessica Tisch said during a news conference Wednesday following the shooting. “This does not appear to be a random act of violence,” she said, adding that the department is carrying out a full investigation.
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Waymo is setting its sights on its next location: the Sunshine State. The Alphabet-owned company announced Thursday that it will be hitting the roads in Miami. Waymo said it will first begin cruising through the Florida city with human safety drivers in 2025 before opening doors to riders for its robotaxi service through its Waymo One app in 2026. The expansion into Miami is indicative of Waymo's growing confidence in operating its self-driving vehicles in harsher weather conditions in large metropolitan areas in the U.S.
Waymo to expand to Miami, aims to launch robotaxi service there in 2026
cnbc.com
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CNBC reposted this
The new CNBC Sport newsletter is out: *Why TV broadcast station companies are counting on Donald Trump to accelerate their push into regional sports. *Lazard bulking up their sports banking practice *An exclusive 1-on-1 interview with MLS commissioner Don Garber including why he says Apple is holding up the release of how many people subscribe to MLS Season Pass (he promises the real figure is impressive!)
CNBC Sport: Broadcast TV counting on Trump to accelerate regional sports rights land grab
cnbc.com
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Robinhood co-founder and CEO Vlad Tenev discusses bitcoin’s latest rally. Watch more of the interview: cnb.cx/41mBHTc
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Bitcoin’s long-awaited push above $100,000 comes during the culmination of a year in which the leading cryptocurrency was embraced by key Wall Street institutions and became a hot topic in the U.S. presidential election. For years, bitcoin bulls predicted a rally to $100,000 as a way to show their optimism about crypto. But many on Wall Street dismissed them. The digital coin crossed the six-figure threshold Wednesday night and is now up more than 140% in 2024.
The road to $100,000 — What's behind bitcoin's storied 2024 run
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CNBC reposted this
And you thought crypto was hot? American Airlines is dropping Barclays as a credit card partner, going solely with Citi, confirming an earlier report w/ Hugh Son. These credit card deals are the lifeblood of airlines these days, bringing in billions of dollars as they sell frequent flyer miles, one of the world's most opaque currencies, to banks. Credit card issuers, in exchange, get a loyal, spendy customer glued to their co-branded card as they chase airline status, free trips and upgrades with everyday purchases. American is trying to catch up to Delta which plans to bring in $7B from its partnership with American Express. (American said its cash renumeration from co-branded cc's and other partners was $5.6B in the 12 months through Sept. 30, 2024). Barclays cardholders will get transitioned to Citi in 2026, when the deal takes effect. Can American catch up to the competition? https://lnkd.in/eT2BKRXm
American Airlines chooses Citi as sole credit card partner, drops Barclays
cnbc.com
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Alexandra Rutkay was on a movie set when her side hustle went viral in June. Rutkay, a full-time makeup artist, was working a 16-hour day on the set of "A Complete Unknown," an upcoming Bob Dylan biopic, when her phone started buzzing. She clocked out that night and saw that she'd struck a social media jackpot. After two years of inconsistent sales at her New York-based side hustle Citymouse, which makes fashion-forward mini-diaper bags, two glowing reviews of her bags simultaneously gained views on TikTok and Instagram. Within three days, Citymouse sold out its inventory of more than 500 bags, bringing in roughly $53,000 in sales, says Rutkay, 41.
College dropout started side hustle with $8,000—now it brings in $53,000/month: I want to build generational wealth for my son
cnbc.com
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Under a traditional model, American workers were said to be able to rely on three sources of income to fund their lifestyle in retirement: pensions, Social Security and personal savings. Over the past few decades, however, what experts once called the "three-legged stool" for retirees has gotten wobbly. While many public sector workers still have access to a pension plan, private sector companies have all but eliminated them, shifting the burden onto employers to save in workplace-sponsored retirement plans. Just 15% of private industry workers had access to a pension in 2022, according to Bureau of Labor Statistics data.
The classic retirement model is dead, says self-made millionaire who retired at 34: 'You just have to count on yourself'
cnbc.com
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Major League Soccer Commissioner Don Garber said the state of soccer in the U.S. is strong and Apple subscriptions are exceeding expectations as the league prepares for the MLS Cup on Saturday. Appearing on the CNBC Sport videocast with Alex Sherman, Garber, who just signed a new contract with MLS through 2027, said more than 12 million fans attended games this year. And that enthusiasm translated to watching games outside the stadium, too. "We have more subscribers than we and Apple thought we would have. We have more people watching our games," Garber said.
MLS Commissioner Don Garber talks Apple subscribers, Messi and growth of soccer
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Prescription fills for blockbuster weight loss drugs in the U.S. more than doubled in 2024, even with limited insurance coverage and high out-of-pocket costs for the treatments, according to data released Thursday by drug savings company GoodRx. The figures offer more evidence of the insatiable demand for a buzzy class of medications called GLP-1 and GIP agonists, which mimic gut hormones to suppress appetite and regulate blood sugar. That includes Novo Nordisk's weight loss drug Wegovy and Eli Lilly's obesity treatment Zepbound, which have hefty list prices of roughly $1,000 per month before insurance or savings cards. Prescription fills for Wegovy and Zepbound increased by more than 100% and 300%, respectively, since the start of 2024. Zepbound's jump reflects its first year on the market, as it was approved in the U.S. in November 2023. Wegovy won U.S. approval in 2021.
Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
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