Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,888,170 followers
About us
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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http://www.cnbc.com
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- Broadcast Media Production and Distribution
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Updates
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AbbVie has two successors that could offset the losses from its blockbuster drug Humira. Meanwhile, UnitedHealth Group's CEO will testify on Capitol Hill.
Healthy Returns: Sales of Humira are plunging, but AbbVie has two promising successors
cnbc.com
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Changpeng Zhao, the billionaire co-founder and former CEO of Binance, is expected to see his mammoth wealth remain intact and likely continue to climb even as he faces time behind bars after his sentencing in a Seattle court. Zhao, who is commonly referred to as “CZ” in crypto circles, was sentenced to four months in prison on Tuesday, after pleading guilty to charges of enabling money laundering at his crypto exchange. More here: cnb.cx/4dhOAS1
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The Biden administration on Wednesday announced that it would forgive more than $6.1 billion in student debt for 317,000 former students of The Art Institutes, the once giant chain of for-profit schools. The relief will go to borrowers who enrolled at any of the dozens of Art Institute campuses across the country between Jan. 1, 2004 and Oct. 16, 2017. More: cnb.cx/44oODYj
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Johnson & Johnson on Wednesday said it will pay $6.5 billion to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer. The deal would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, LTL Management. More here: cnb.cx/4dofGXG
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Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
cnbc.com
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CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.
NYCB shares jump after new CEO gives two-year plan for "clear path to profitability"
cnbc.com
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Hidden cameras are often located in common household devices, such as thermostats and alarm clocks. Here are three steps to finding one during your next trip.
Three easy ways to find hidden cameras in hotels and rental homes
cnbc.com
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Bitcoin dropped as low as $56,757.93, falling below $57,000 for the first time since Feb. 28, according to data from CoinGecko.
Bitcoin nosedives below $57,000 to two-month low ahead of U.S. Fed decision
cnbc.com
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"Financially Lit!" author and Yo Quiero Dinero host Jannese Torres shares her top financial advice for anyone who wants to quit their 9-to-5.
39-year-old who makes $9,300/mo in passive income: My No. 1 piece of side hustle money advice
cnbc.com