A group led by private equity executive Bill Chisholm is buying the NBA’s Boston Celtics at a valuation of $6.1 billion, the team’s ownership announced Thursday. CNBC's Michael Ozanian has the details: cnb.cx/4hyaa5W
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,960,233 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.
- Website
-
http://www.cnbc.com
External link for CNBC
- Industry
- Broadcast Media Production and Distribution
- Company size
- 501-1,000 employees
- Headquarters
- Englewood Cliffs, NJ
- Type
- Public Company
- Specialties
- Financial News, Stocks, Market Updates, Merger and Acquisitions, Investing Tools, Business News, Earnings, World Market News, Career, Entrepreneurship, Business, Finance, Markets, News, and Journalism
Locations
-
Primary
1 CNBC Plaza
Englewood Cliffs, NJ 07632, US
Employees at CNBC
Updates
-
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook. “If we can continue to make progress on inflation over the long run, I believe that rates 12 to 18 months from now will be lower than where they are today,” he said. Full details: cnb.cx/4iJTysK
-
Have you received a text message saying you have unpaid toll fees? It’s the latest iteration of a ballooning form of fraud known as “smishing.” CNBC’s Robert Ferris explains more. Find the full report: cnb.cx/4l1Cxwj
-
Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on certain goods from Canada and Mexico, including steel and aluminum, and is expected to follow through on broader tariffs starting on April 2. Even before those wider levies take effect, uncertainty over tariffs and inflation is causing many contractors to hike real estate project costs. Related Group CEO Jon Paul Pérez said contractors bidding on seven projects that Related has in the works are raising prices. The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them. Subscribe here to get access today.
-
It's been a painful year so far for megacap technology giants and 2025 is only getting started. Six members of the group are already tracking for significant year-to-date losses, led by a 40% drop in shares of Tesla. Meta Platforms is the only exception, holding on to a slim gain. The drop in technology stocks comes just two months after leaders flocked to Washington for President Donald Trump's inauguration and after many megacaps powered to new highs in the post-election rally after his November victory.
-
This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. When Walmart approached Andy Dunn about buying his upstart online apparel retailer Bonobos for $310 million in 2017, Dunn had a secret. The Bonobos co-founder and then-CEO was diagnosed with bipolar disorder at age 20. He kept it quiet for nearly two decades — believing that nobody would want to work for him or financially back his company if they knew — and stayed mostly untreated until 2016, when a psychotic break landed him in a psychiatric ward facing assault charges.
-
CNBC reposted this
🚨 LAST CHANCE 🚨 to get your early bird ticket for the #CNBCChangemakers Summit in LA! Hear from and connect with this year's Changemakers–an esteemed group of women who are pushing boundaries and changing the course of business. Get your ticket before time runs out! Request your invite here: https://bit.ly/3WPrPhH #leadership #business
-
-
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook. Speaking two days after he and his colleagues again voted to keep short-term rates steady, Goolsbee told CNBC that he's been hearing more concerns from businesses in his region about the impact of tariffs and their potential to raise prices and slow growth. "When you got a lot of uncertainty, I do think you need to wait to see some of these things get cleared up on the policy side," the central banker said during a "Squawk Box" interview. "I'm out talking to business people and civic leaders throughout this region, and there's been a decided turn in these conversations over the last six weeks, of anxiety, of pausing, waiting on capital projects, capex, etc., until they figure out tariffs, other fiscal policy."
-
Former FDA Commissioner Dr. Scott Gottlieb discusses ways to fight the ongoing bird flu threat. Watch more at the #linkinbio #CNBC
-
Estate planning isn't just for the rich or the elderly. Anyone can die or become incapacitated — and without the right legal documents in place, your family and loved ones may be left struggling to make important decisions and paying thousands of dollars in legal fees. There's one simple estate planning move anyone can make to help your family avoid costly and time-consuming court battles, says Zach Wiegand, an attorney at Gold Leaf Estate Planning in Burnsville, Minnesota. "Everyone over the age of 18 should have a health-care directive," Weigand says.