Former FTX exec Salame to forfeit $1.5 billion, pleads guilty to two criminal counts
September 7, 2023
Former FTX executive Ryan Salame pleaded guilty to federal campaign finance and money-transmitting crimes.
Bruce Springsteen scrubs eight September tour dates, citing peptic ulcers
September 7, 2023
Veteran rocker Bruce Springsteen said on Wednesday he was indefinitely postponing eight tour dates this month with his E Street Band, citing medical treatment he is undergoing for peptic ulcers.
Kelly Evans: Why China is turning into a liability for American companies
September 7, 2023
CNBC's Kelly Evans explains how many American companies are suddenly facing a liability in China, after years of growth and ballooning potential.
Apple shares fall after reports that China banned iPhone use by government employees
September 7, 2023
The reported restrictions, which have not been publicly announced by Beijing, raise concerns that Apple's products could get caught up in global tensions.
‘That 70’s Show’ actor Masterson sentenced to 30 years to life in prison for rapes
September 7, 2023
"That '70s Show" actor Danny Masterson was sentenced on Thursday to 30 years to life in prison for raping two women about 20 years ago in a case that stirred controversy around the Church of Scientology.
Carl Icahn says new Illumina CEO has his ‘full support’ months after proxy fight
September 7, 2023
Activist investor Icahn's blessing is a relief for the company as it tries to rebound from a bitter proxy fight with the billionaire investor.
UAW president calls GM offer with 10% pay increases ‘insulting’ ahead of strike deadline a week away
September 7, 2023
GM's latest offer still falls short of the union's demands. The UAW could strike against all three Detroit automakers next week.
Scientists grow human-like kidneys in pigs
September 7, 2023
Chinese scientists have succeeded in growing kidneys containing human cells in pig embryos, a world first that could one day help address organ donation shortages.
Europe is the ‘land of equity yield.’ These funds can give U.S. investors a slice of the payouts
September 7, 2023
A combination of growing net buybacks and solid dividends is boosting the yield profile of European stocks, according to Morgan Stanley.
British American Tobacco finalizes Russia exit with sale to local managers
September 7, 2023
British American Tobacco's brands include Camel and Newport.
These are Wall Street’s favorite energy stocks as oil rallies
September 7, 2023
CNBC Pro searched for energy companies in the S&P 500 that not only stand to benefit from the recent jump in oil prices but that are also loved by analysts.
Moscow slams U.S. supply of depleted uranium weapons to Kyiv; drones target more Russian cities
September 7, 2023
Russian officials have slammed the U.S.' decision to supply Ukraine with depleted uranium weapons, with one describing the move as a "criminal act."
New York man was killed ‘instantly’ by Peloton bike, his family says in lawsuit
September 7, 2023
The family of Ryan Furtado claims his Peloton bike severed his carotid artery and killed him "instantly," marking the first known death linked to the bike.
Israeli scientists create model of human embryo without using eggs or sperm
September 7, 2023
Scientists in Israel have created a model of a human embryo from stem cells in the laboratory, without using sperm, eggs or a womb, offering a unique glimpse into the early stages of embryonic development.
UN calls for age limits for AI tools in schools
September 7, 2023
In new guidance for governments, the UN's education body UNESCO warned that public authorities were not ready to deal with the ethical issues of rolling out "generative" Artificial Intelligence programs in schools.
PBBM vows to deepen Asean cooperation amid geopolitical tension, climate change
September 7, 2023
President Ferdinand R. Marcos Jr. on Thursday pushed for regional order and cooperation amid intensified geopolitical tensions and accelerating climate change during the 18th East Asia Summit in Indonesia.
Factory output rises on pre-holiday preparations
September 7, 2023
ANNUAL preparations for the holidays allowed the country’s manufacturing output to increase in July 2023, according to the latest Monthly Integrated Survey of Selected Industries (Missi) results released by the Philippine Statistics Authority (PSA).
PBBM looks to Asean allies for rice imports
September 7, 2023
DESPITE the country’s recently reported sufficient rice supplies, President Ferdinand R. Marcos Jr. is now eyeing more imports of the food staple from Vietnam and Cambodia to ensure the country’s long-term food security.
‘Slowbalization’ to persist, says UK-based think tank
September 7, 2023
UK-BASED think tank Oxford Economics said the recent weakness in goods trade has been concentrated in Asia and Europe, noting that the trend of ‘slowbalization,’ which was visible since the global financial crisis, will persist.
GIR settles at $99.8B as of end-Aug–BSP
September 7, 2023
PAYMENTS made by the national government on its foreign currency debts and lower gold prices pushed the country’s gross international reserves (GIR) to below $100 billion in August 2023, according to the Bangko Sentral ng Pilipinas (BSP).
Marcos, Harris eye bigger SCS drills with other states
September 7, 2023
PRESIDENT Marcos Jr. and US Vice President Kamala Harris explored a possible expansion of their joint bilateral exercises with other countries in the South China Sea.
Jean Garcia sa mga eksena niyang sampalan: ‘Kailangan sukat’
September 7, 2023
Ibinahagi ng batikang aktres na si Jean Garcia sa "Fast Talk with Boy Abunda" ang kaniyang technique sa mga eksena na mayroon siyang sasampalin.
DOE crafts circular on exploration, development and utilization of hydrogen fuel
September 7, 2023
THE Department of Energy (DOE) has crafted a circular that will include hydrogen fuel as among the energy sources governed by Presidential Decree 87 (PD 87) or the Oil Exploration and Development Act of 1972.
BPI approves propagation of Bt cotton for commercial production
September 7, 2023
DAVAO CITY—The Bureau of Plant Industry (BPI) flashed the green light for the planting for commercial production in the country of a genetically modified cotton variety, the International Service for the Acquisition of Agri-biotech Applications (Isaaa...
Survey shows ‘boomerang employees’ may be solution to skills shortage in workplace
September 7, 2023
Nearly 8 in 10, or 78 percent of surveyed professionals in the country said they are open to returning to their previous employer, according to a recent poll conducted by global recruitment consultancy firm Robert Walters.
PHL fails to score on local tours for FIBA tournament
September 7, 2023
THE Philippines not only missed a direct ticket to the Paris Olympics in 2024. It also missed out on showcasing popular tourism destinations in the country to the international basketball teams participating in the ongoing FIBA World Cup.
Chinese social media campaigns are successfully impersonating U.S. voters, Microsoft warns
September 7, 2023
Chinese campaigns are active on Twitter and other sites, while some disinformation campaigns are also using generative AI content to create graphics
Lucio Tan receives Cabuyao’s first Golden Bell Award
September 7, 2023
Business tycoon Lucio Tan, head of the conglomerate Lucio Tan Group of Companies, recently received the first Golden Bell Award from the local government of Cabuyao City for helping the city hasten its economic development and protect the environment.
Cacdac named migrant workers department OIC
September 7, 2023
President Marcos has designated Hans Leo Cacdac as officer-in-charge of the Department of Migrant Worker, Malacañang announced on Wednesday night.
Marcos pushes ‘loss and damage’ fund for climate action
September 7, 2023
President Marcos has pushed for a loss and damage fund to support measures aimed at mitigating the impact of climate change, which he described as one of the “complex challenges” confronting the international landscape.
DTI exec: Only Marcos can lift price ceiling
September 7, 2023
Only President Marcos can lift Executive Order No. 39 mandating the price ceiling of rice at P41 and P45 per kilo, an official of the Department of Trade and Industry said on Thursday amid calls to withdraw the price cap within two to three weeks.
Free trade pact signed between Philippines, South Korea
September 7, 2023
The Philippines and South Korea have signed a free trade agreement that is expected to enhance their investment ties, President Marcos announced yesterday.
Alarm raised over 3 million drop in school enrollees
September 7, 2023
ACT Teachers party-list Rep. France Castro expressed alarm over the three million drop in the number of enrollees for this school year, calling on Vice President and Education Secretary Sara Duterte to explain the worrisome trend.
Rice traders bemoan daily losses from price cap
September 7, 2023
Rice retailers are losing P7,000 a day because of the implementation of Executive Order 39 putting price caps of P41 and P45 per kilo of the staple, a retailers group said on Thursday.
Philippines again Asia’s Leading Dive Destination
September 7, 2023
For the fifth time, the Philippines has been recognized as a prime diving destination in Asia by an international tourism body.
Ramon Magsaysay awardee fights for food sovereignty
September 7, 2023
Eugenio Lemos was a child when Timor-Leste, formerly known as East Timor, was besieged by war when the Indonesian military invaded. This forced his family to flee to the mountains to ensure their safety.
Marcos hits ‘dangerous’ use of coast guard ships
September 7, 2023
With Beijing’s muscle-flexing in the South China Sea becoming more brazen, President Marcos has called on leaders of East Asia to act on the “dangerous use” of the coast guard and maritime militia vessels by the Chinese.