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Hanesbrands has agreed to sell its Champion brand to Authentic Brands Group in a transaction valued at $1.2 billion, the company announced Wednesday.

Barry Sternlicht defended his decision to put a cap on how much money investors could pull from his real estate fund.

Ashkenazi will replace Ruth Porat, who will become president and chief investment officer of the company after nearly a decade as chief financial officer.

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk's controversial $56 billion pay package.

Starling will pursue international expansion via its software business Engine rather than via banking licenses, incoming CEO Raman Bhatia said.

BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.

Despite the lower valuation, Nium is confident it can go public in the next 18 months and is eyeing late 2025 for its stock market debut.

The report is the first of its kind between CNBC and market research firm Statista, which surveyed 22,000 individuals with a checking or savings account in 14 major economies.

GameStop champion Keith Gill saw his position in GameStop balloon from $53,000 in 2019 to over $289 million.

The project is part of the SBA's efforts to broaden its flagship lending program for American small businesses under Administrator Isabel Casillas Guzman.

Standard Chartered was previously punished with more than $1.7 billion in fines after violating sanctions on Iran and other blacklisted countries.

Keith Gill, who's behind GameStop's recent roller-coaster ride, seemingly held onto his big position in the video game retailer even after Monday's big rally.