NEWS
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.
26th April 2024 23:45All the data so far is showing inflation isn't going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.
26th April 2024 23:00Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.
26th April 2024 22:29Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.
26th April 2024 22:28American Airlines cuts some international flights into 2025, citing Boeing delivery delays
American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.
26th April 2024 21:57A CVS Health pharmacy in Vegas becomes first to join new national pharmacy union
Dozens of pharmacy staff at the Las Vegas branch of CVS's Omnicare will now join the Pharmacy Guild, which will represent them in labor negotiations with CVS.
26th April 2024 21:44Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.
26th April 2024 21:22Starbucks, Workers United made 'significant progress' in this week's contract talks
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.
26th April 2024 19:46Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge
Ashley Biden, the daughter of President Joe Biden, asked a judge to sentence the woman who stole her diary to prison, an unsealed letter shows.
26th April 2024 18:46Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
26th April 2024 18:10U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate
The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Antony Blinken said.
26th April 2024 15:52FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder
The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B.
26th April 2024 15:22Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.
26th April 2024 15:05Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.
26th April 2024 04:23Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
26th April 2024 01:52Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.
26th April 2024 00:40Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.
25th April 2024 23:14Trump trial: Defense attorneys begin cross-examination of David Pecker
The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.
25th April 2024 22:32Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.
25th April 2024 22:08Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest stands apart from other large airlines because it does not have seat assignments.
25th April 2024 21:59Supreme Court appears skeptical of Trump's blanket presidential immunity argument
Donald Trump was not at the Supreme Court to hear the immunity arguments because he was required to attend his New York criminal hush money trial.
25th April 2024 19:54As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.
25th April 2024 19:52A key deadline for student loan forgiveness consolidation is just days away. Here's what to know
Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline.
25th April 2024 19:22Venice residents clash with riot police as city launches world’s first tourist entry fee
The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros (US$5.40).
25th April 2024 19:00Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
25th April 2024 18:26Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.
25th April 2024 17:57Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.
25th April 2024 17:12Don't believe these money misconceptions: 3 things to know that can help improve your finances
Many people believe common misconceptions about managing their money. Here's what you need to know to improve your personal finances.
25th April 2024 16:37American Airlines swings to a loss, but tops estimates for Q2 forecast
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.
25th April 2024 16:31GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.
25th April 2024 15:43