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The TikTok divestment deal is done, and the company’s CEO is jubilant.On Thursday, TikTok’s top boss, Shou Chew, sent a message to US staffers, toasting the “great news” and thanking them for their “resilience.”He also announced that “more than 200 million Americans now come to TikTok to be entertained, learn, and grow their business with a broader global community.”Chew has good reason to take a victory lap.After battling for the company’s survival for over a year and a half, TikTok now has confidence it will avoid a US ban after its owner ByteDance sold off enough of its business to…

To turn ChatGPT into an advertising juggernaut, OpenAI will have to convince Madison Avenue that a chatbot can actually sell.Mark Mahaney, Evercore ISI’s internet research analyst, said this week that OpenAI could reasonably generate several billion dollars in ad revenue this year, and as much as $25 billion by 2030 if its executives play their cards right.So, what exactly will OpenAI need to do to turn ChatGPT ads into a multibillion-dollar business? (For context, EMARKETER forecasts that TikTok will register around $43 billion in net digital ad revenue this year, Microsoft $19 billion, and Apple $13 billion.)Business Insider spoke with…

Wepro | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.A specific kind of loan that helps owners of commercial buildings pay for big upgrades to save energy or water, add renewable power, or improve resilience is seeing huge growth in a lending environment that has been arguably tough.This month, Nuveen closed a $465…

D3sign | Moment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Market data firms have been pitching artificial intelligence as the key to locating elusive ultra-high-net-worth clients. But leaders at elite advisory firms told Inside Wealth they aren’t sold. For starters, while AI products can surface data and contact information on ultra-high-net-worth individuals, that’s only half the battle. “When we’re looking for clients with north of $100 million, I struggle to think they’re going to…

The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending into the spotlight.Private credit, also known as direct lending, is a catch-all term for lending done by nonbank institutions. The practice has been around for decades but surged in popularity after post-2008 financial crisis regulations discouraged banks from serving riskier borrowers. That growth — from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029 — and the September bankruptcies of auto-industry firms Tricolor and First Brands have emboldened some prominent Wall Street…

A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026.George Frey | Bloomberg | Getty ImagesThe future of the booming obesity drug market won’t hinge on drugs that deliver greater weight loss alone. Top executives from drugmakers big and small told CNBC that the next phase of the space will be defined by a broader range of treatment options and improved access for patients. Those were among the themes that emerged at the annual JPMorgan Healthcare Conference in San Francisco during interviews with top brass from Eli Lilly, Novo Nordisk, Pfizer and other drugmakers. “We…

In New York City, the fastest path to a new job probably involves AI.LinkedIn analyzed about three years’ worth of user data to determine how jobs are changing in the US, including in New York City.AI engineers ranked No. 1 in New York, as they did for the US in general and in most of the nine other cities LinkedIn reviewed. Many of the workers stepping into this and other hot AI roles come from related fields such as software engineering and data science, LinkedIn reported.While artificial intelligence gigs dominated the top spots on the list, consultants of various stripes are…

This as-told-to essay is based on a conversation with Sreeja Apparaju, a 24-year-old machine learning engineer at Snap living in New York. Business Insider has verified Apparaju’s employment history with documentation. The following has been edited for length and clarity.When I decided to pivot from finance to tech in the fall of 2022, a couple of things were working against me.I was less than a year from graduating from the University of California, Berkeley, with a double major in computer science and economics, and some large tech companies had announced major layoffs before the end of the year. That made…

The World Economic Forum in Davos has an unofficial dress code: neutral colors, sensible shoes, and quiet-luxury pieces built for subzero temperatures.Jolie Hunt, however, doesn’t follow it.The 47-year-old founder and CEO of the communications firm Hunt & Gather, who has made more than 20 trips to the global leadership event, has turned Switzerland into her personal runway.At this year’s WEF, Hunt wore a mix of form-fitting dresses, statement heels, and designer bags — a far cry from the simple winter coat-and-boot combos seen throughout the town.”I can’t tell you how many people stop me in my tracks and say, ‘I…

Jamie Dimon is known for saying what he thinks. At Davos, the JPMorgan CEO was uncharacteristically constrained when talking about Donald Trump and his policies, striking a cautious balance between criticism and praise. This is a familiar dance in a relationship that has swung between mutual respect and open hostility since Trump first took office in 2016.Dimon, who once described himself as “barely a Democrat,” has publicly criticized some of Trump’s economic and political policies, including on tariffs, while also praising his deregulatory moves and efforts to grow the economy.”He was kind of right about NATO. Kind of right about…