NEWS
Activision fails to increase representation of women and non-binary people as it faces 2025 goal
Activision Blizzard failed to increase its representation of women and non-binary people in December, according to a diversity report it released Thursday.
24th March 2023 04:13TikTok CEO got grilled by lawmakers from both parties on whether the Chinese-owned app can protect American privacy
Shou Zi Chew's testimony did not seem to quell many concerns that lawmakers had about its connections to China or the adequacy of its risk mitigation plan.
24th March 2023 03:38TikTok CEO says China-based ByteDance employees still have access to some U.S. data
TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.
24th March 2023 03:37N.J. deli stock fraud defendant behind bars as feds reveal he renounced U.S. citizenship
Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued at $100 million.
23rd March 2023 22:19Biden's approval slips to 38%, near the lowest of his presidency, new poll says
President Joe Biden's approval rating in a new poll fell to 38%, just two points above his all-time low in office.
23rd March 2023 22:01Sanofi, Regeneron shares pop more than 6% after data shows asthma drug Dupixent may also treat COPD
Sanofi and Regeneron unveiled data on their jointly developed drug for a difficult-to-treat chronic lung disorder that analysts say "exceeded expectations."
23rd March 2023 20:14'Blanket insurance' of bank deposits is not being discussed, Yellen tells senators
Treasury Secretary Janet Yellen has not discussed or considered any plans to guarantee all bank deposits following the Silicon Valley Bank collapse, she said.
23rd March 2023 19:45Starbucks shareholders to vote on proposals for labor probe, succession planning
New Starbucks CEO Laxman Narasimhan will lead the company's shareholder meeting just days after his transition to the role.
23rd March 2023 19:15Nevada approves $333 million natural gas plant as historic drought pressures state's power grid
The natural gas-fired turbines are designed to address peak electricity demand during hot summer months and prolonged wildfire seasons.
23rd March 2023 19:09TikTok CEO set for grilling in House hearing. But U.S. lawmakers also face questions
While TikTok's CEO will be in the hot seat, lawmakers will also face difficult questions about how best to deal with potential harms from tech firms.
23rd March 2023 18:44Judge cites Trump's past verbal attacks in using anonymous jury for rape defamation case
Donald Trump is being sued for allegedly raping and defaming the writer E. Jean Carroll, who says he attacked her in a New York department store.
23rd March 2023 18:15Watch live: TikTok CEO testifies before House committee as potential U.S. ban looms
TikTok CEO Shou Zi Chew will testify before the House Energy and Commerce Committee this morning as his company fights to stave off a potential ban in the U.S.
23rd March 2023 17:31Olive Garden parent raises revenue outlook as same-store sales jump
Darden's same-store sales grew 11.7% across all of its brands, which include chains like Olive Garden, LongHorn Steakhouse and The Capital Grille.
23rd March 2023 16:30FAA launches new plan to avoid flight delays in NYC, DC this summer
The government controls the number of takeoffs and landings at some of the country's most congested airports.
23rd March 2023 14:48Starbucks CEO says he'll work a shift at the company's cafes once a month
New Starbucks CEO Laxman Narasimhan plans to work a shift once a month at the company's cafes.
23rd March 2023 13:31Ford's EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units
The financials are the first detailed look at EV profitability as Ford unveils a new financial reporting structure.
23rd March 2023 12:00Relativity's first 3D-printed rocket launches successfully but fails to reach orbit
Relativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night.
23rd March 2023 05:25Cruise robotaxis blocked a road in San Francisco after a storm downed trees and wires
A witness told CNBC the driverless Cruise vehicles did not appear to detect and avoid the caution tape and bus wires, and instead became "tangled in them."
23rd March 2023 02:47Fed hikes rates by a quarter percentage point, indicates increases are near an end
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
23rd March 2023 02:11FDA advisors vote against effectiveness of Biogen's ALS drug for rare and aggressive form of the disease
FDA advisors voted against the effectiveness of Biogen's investigational ALS drug, which could become the first to target a genetic cause of the disease.
23rd March 2023 00:10If you like big banks, there's an ETF for that.
As regional banks continue to recover from the Silicon Valley Bank collapse, the ETF industry is rolling out a new product to address the turbulence.
22nd March 2023 22:03Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday
Virgin Orbit and Brown began deal talks last week, around the same time the company announced it was pausing operations and furloughing most employees.
22nd March 2023 21:34Trump appears to lose appeal of key ruling in criminal probe of classified records stored at Mar-a-Lago
Trump is under criminal investigation for the removal of classified documents from the White House when he left office. They were kept at his Mar-a-Lago club.
22nd March 2023 20:54Moderna CEO Stephane Bancel defends fivefold price hike of Covid vaccine during Senate grilling
Bernie Sanders pressed Stephane Bancel during the Senate hearing to make a commitment that Moderna will not increase the vaccine's list price to $130.
22nd March 2023 20:24Watch live: Treasury Secretary Janet Yellen testifies at Senate hearing
Treasury Secretary Janet Yellen is likely to face tough questions from senators about the federal response to two bank failures earlier this month.
22nd March 2023 19:41Here's what the Federal Reserve's 25 basis point interest rate hike means for your money
When the Federal Reserve changes its benchmark rate, everything from credit cards to savings accounts can be affected.
22nd March 2023 19:39Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Feb. 1.
22nd March 2023 19:07The Chevrolet Camaro as you know it will fall out of production next year, GM says
GM did not announce a replacement or next-generation of the car, but it said the current sixth-generation muscle car will not be the "end of Camaro's story."
22nd March 2023 18:59Carvana shares pop as company offers first-quarter guidance, restructures debt
Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.
22nd March 2023 17:20Ford is about to break out big EV losses for the first time
Ford's reporting changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business.
22nd March 2023 16:00