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Pharrell selected to become LVMH’s next men’s creative director

CNBC’s Robert Frank joins ‘Squawk Box’ to discuss Louis Vuitton Moët Hennessy hiring Pharrell Williams to lead its creative direction, the brands big bet on Pharrell, and the shareholder response to the decision.

Published 15 February 2023
Categorised as Finance News

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

Not long ago, CEO David Solomon told analysts the bank was developing its own card, which would’ve made use of the platform Goldman created for the Apple Card.

Published 15 February 2023
Categorised as Finance News

Barclays posts 19% slide in annual net profit after costly U.S. trading blunder; Shares down 8%

Barclays on Wednesday reported a full-year net profit of £5 billion ($6.05 billion) for 2022, beating consensus expectations of £4.95 billion.

Published 15 February 2023
Categorised as Finance News

Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon

Russia’s budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third. 

Published 15 February 2023
Categorised as Finance News

Seen Big Ben already? Here’s a Londoner’s guide to visiting other parts of the city

How a born-and-raised Londoner explores the city’s parks, restaurants and buildings.

Published 15 February 2023
Categorised as Finance News

China’s economic recovery is off to a slow start

Preliminary economic data indicate overall growth isn’t yet roaring back since mainland China ended its Covid controls in early December.

Published 15 February 2023
Categorised as Finance News

Stocks making the big moves after hours: Airbnb, TripAdvisor, Devon Energy and more

These are the stocks posting the largest moves after the bell.

Published 14 February 2023
Categorised as Finance News

Dan Sundheim’s D1 Capital places new bets on home furnishing retailers, adds to big tech

Daniel Sundheim’s D1 Capital Partners placed new bets on home furnishing retailers and doubled down on big tech stocks in the fourth quarter.

Published 14 February 2023
Categorised as Finance News

The IRS has issued nearly 8 million tax refunds. Here’s the average payment

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here’s the average payment.

Published 14 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: Palantir, Nvidia, Avis Budget and more

Here are the companies making headlines in midday trading Tuesday.

Published 14 February 2023
Categorised as Finance News

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  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

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