Ftx Identifies $5bn in Liquid Assets As It Is Cleared to Explore Some Sales
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$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Britain expands AI Safety Institute to San Francisco amid scrutiny over regulatory shortcomings
The U.K. said Monday it will open a U.S. counterpart to its AI Safety Summit, a state-backed body testing advanced AI systems, in San Francisco this summer.CNBC - Business - United Kingdom -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
WikiLeaks founder Julian Assange can appeal extradition to U.S., UK court rules
WikiLeaks founder Julian Assange has the right to appeal against his extradition to the U.S., a high court in London found Monday.CNBC - Business - United Kingdom -
Red Lobster files for Chapter 11 bankruptcy protection
A disastrous "endless shrimp" promotion and a lease-back agreement orchestrated by Red Lobster's previous private equity owners contributed to its demise.CNBC - Business -
Shares of Hims & Hers Health surge 27% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business