NEWS
Trump trial: Full jury chosen for New York hush money case
Donald Trump is charged with falsifying business records in a scheme to silence porn star Stormy Daniels before the 2016 presidential election.
19th April 2024 01:40Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025
Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.
19th April 2024 00:29Mortgage rates are now at the highest level of the year, and could still climb
The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News Daily.
18th April 2024 22:49Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.
18th April 2024 22:20New York jury convicts man in first-ever cryptocurrency market manipulation case
Avraham Eisenberg was found guilty of obtaining $110 million by manipulating the price of cryptocurrency futures on Mango Markets, and a crypto token.
18th April 2024 22:12NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.
18th April 2024 22:00Google terminates 28 employees after multicity protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project Nimbus.
18th April 2024 20:07March homes sales dropped despite a surge in supply. Here's why.
The median price of an existing home sold in March was $393,500, up 4.8% from the year before.
18th April 2024 19:29Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
The price of DJT has sharply fallen in recent weeks, cutting billions of dollars in value from Trump Media shares held by Donald Trump and others.
18th April 2024 19:29Elon Musk email says Tesla sent 'incorrectly low' severance packages to laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.
18th April 2024 19:26U.S. tech CEOs give India PM Modi boost ahead of election
India's Narendra Modi has been courting U.S. tech company leaders like Elon Musk and Tim Cook ahead of the country's national elections.
18th April 2024 17:59Airline executives predict a record summer and even more demand for first class
Delta and United executives have forecast record demand this spring and summer with even more travelers booking in higher classes.
18th April 2024 13:22Biden administration releases formal proposal for new student loan forgiveness plan
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
18th April 2024 02:44Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.
18th April 2024 01:49Biden says Trump 'doesn't deserve to be the Commander in Chief for my son'
President Joe Biden is set to face Donald Trump in November in a rematch of their 2020 White House contest.
17th April 2024 23:59Google workers arrested after nine-hour protest in cloud chief's office
Nine Google workers were arrested Tuesday after sit-in protests, including a nine-hour sit-in at Google Cloud CEO Thomas Kurian's office in Sunnyvale.
17th April 2024 23:50United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays
United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
17th April 2024 22:46Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
17th April 2024 22:05Biden fund gets big donation from son of Republican megadonor Larry Ellison
The donation by David Ellison backing President Joe Biden is a coup for allies of the incumbent Democrat, who will face Donald Trump in the November election.
17th April 2024 22:04Trump Media shares close more than 15% higher after days of declines
Trump Media, whose majority owner is former President Donald Trump, has seen its share price plummet since late March. It owns the Truth Social app.
17th April 2024 22:03ASML earnings drag semiconductor stocks lower
ASML fell over 8% on a day when the entire S&P 500 index was only down less than 1%.
17th April 2024 22:01ECB June rate cut looks increasingly likely — but there are 'still some caveats,' German central bank chief says
Several ECB officials have made remarks about their expectations for interest rates in recent days.
17th April 2024 21:22Eli Lilly’s weight loss drug Zepbound shows promise as a sleep apnea treatment in late-stage trials
The pharmaceutical giant plans to present the trial data at an upcoming medical conference and submit it to the Food and Drug Administration mid-year.
17th April 2024 21:15Amazon cloud unit kills Snowmobile data transfer truck eight years after driving 18-wheeler onstage
Amazon Web Services says it has better and more cost-efficient ways to move data to the cloud than by using the semi truck it introduced in 2016.
17th April 2024 20:55Boeing faces scrutiny in Senate hearings over aircraft safety and quality
A Boeing whistleblower testified in a hearing Wednesday about safety concerns related to two of the company's aircraft.
17th April 2024 20:19Trump gripes he can't reject 'unlimited' jurors in New York hush money trial
Donald Trump is accused of falsifying business records involving the payment of hush money to porn star Stormy Daniels before the 2016 election.
17th April 2024 19:58Most doses of Eli Lilly's Zepbound, Mounjaro in short supply through June, FDA says
The insatiable demand for weight loss and diabetes drugs is still trouncing supply, even as Eli Lilly and Novo Nordisk work to increase production capacity.
17th April 2024 18:40Amazon starts selling smart grocery carts to other retailers
The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology.
17th April 2024 18:19High company valuations a 'worry,' IMF's capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
17th April 2024 11:12Republican governors from six states condemn UAW campaigns, citing potential for layoffs
The joint statement was signed by governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas.
16th April 2024 21:01