Etsy stock sinks on CEO change — Silverman stepping down, Depop chief to take over

Etsy said Josh Silverman will step down as CEO and be replaced by Depop chief Kruti Patel Goyal.
Why global investment firm Nuveen is betting on this niche real estate subsector

Vacancy rates in the subsector were 7.8% at the start of 2016, but came down to 4.4% by the beginning of this year, according to data from CoStar Group.
Boeing is set to report earnings before the bell. Here’s what Wall Street expects

Boeing is set to report improved third-quarter results before the market opens on Wednesday.
Ray Dalio, JPMorgan back billion-dollar berry startup Fruitist in new $150 million funding round

Ray Dalio and JPMorgan back berry startup Fruitist in a new funding round as the healthy produce snacking company continues to grow with consumers globally.
Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually

Refinance demand, which is most sensitive to interest rate changes, jumped 9% for the week and was 111% higher than the same week one year ago.
Target lost its style edge. Its new CEO wants to change that

Target is trying to win back its reputation for style as it heads into the crucial holiday season and tries to rebound from stagnant sales.
CVS beats estimates, hikes guidance as insurance business improves

The third-quarter results mark David Joyner’s first full year as CEO of CVS, which had struggled to drive higher profits and improve its stock performance.
Trump’s rare earth deals target China’s dominance — here’s why change won’t come soon

Trump’s rare-earth push could channel crucial financing and eventually reduce Beijing’s dominance, but the effort will be costly and take years to bear fruits.
Hurricane Melissa makes landfall in eastern Cuba as a Category 3 storm

Hurricane Melissa made landfall in eastern Cuba near the city of Chivirico early Wednesday as a Category 3 storm after pummeling Jamaica.
Celestica CEO explains the company’s role in the AI boom

Celestica CEO Rob Mionis talked his business’ strategy in an interview with CNBC’s Jim Cramer.