President Donald Trump makes an announcement from the Oval Office at the White House in Washington, Nov. 6, 2025.Jonathan Ernst | ReutersPresident Donald Trump on Thursday announced the launch of TrumpRx — a direct-to-consumer website that is key to his administration's efforts to lower prescription drug costs in the U.S. The...
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Activist Engaged Capital is poised to shake up the board at BlackLine. How it may unfold
Company: BlackLine Inc (BL)Business: BlackLine provides financial accounting solutions delivered primarily as Software as a Service (SaaS). The company's solutions enable its customers to address various aspects of their critical processes, including financial close, intercompany accounting, invoice-to-cash, and consolidation. BlackLine's cloud-based solutions include account reconciliations, transaction matching, task management, journal...
Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60
Gabby Jones | Bloomberg | Getty ImagesKalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to...
Layoffs in January were the highest to start a year since 2009, Challenger says
An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty ImagesLayoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday.U.S. employers...
AI will supercharge sports team valuations, says Arctos Partners’ Charles
A version of this article appeared in CNBC's Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.The rise of artificial intelligence is likely to boost the valuations...