Taiwan leads gains in Asia markets; Japan December inflation at its lowest since June 2022
January 19, 2024
Japan's December headline inflation rate hit its lowest level since June 2022, cooling to 2.6% from 2.8% in November.
International
Amazon’s AWS to invest $15 billion to expand cloud computing in Japan
January 19, 2024
Amazon Web Services said it plans to invest $15.24 billion in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for AI services.
OpenAI’s Altman says U.S. and AI will be ‘fine’ no matter who wins White House after Trump’s Iowa landslide
January 19, 2024
OpenAI CEO Sam Altman said he believes America and AI are both going to be 'fine' regardless of the outcome of this year's presidential election.
India goes big at Davos as world’s most populous country tries to woo investors
January 19, 2024
India's delegation has a large presence in Davois as the country looks to attract investors while China struggles
North Korea conducts test of underwater nuclear weapons system, state media reports
January 19, 2024
North Korea has conducted a test of its underwater nuclear weapons system in a protest against the joint military drills by South Korea, the U.S. and Japan.
Warren Foegele scores twice in Edmonton Oilers 12th straight win
January 19, 2024
The Edmonton Oilers extended the franchise-record winning streak to 12 game, beating the Seattle Kraken 4-2 in comeback fashion at Rogers Place on Thursday Night.
Matthews leads Maple Leafs past Flames 4-3
January 19, 2024
Winless in four and down 2-0 in the first period on Thursday, Toronto was reeling until Auston Matthews took over and led the Maple Leafs to a comeback victory.
Elderly dog Monkie killed in hit-and-run, Vancouver police seeking footage
January 19, 2024
Fifteen-year-old Pekinese Monkie was on a leash when the southbound car struck and killed her, and drove away.
RCMP investigating Nanaimo woman’s death as a homicide
January 19, 2024
Several witnesses said they had been inside her apartment unit before police arrived, and found and her body -- and a strange man.
Winnipeg bantamweight Brad (Superman) Katona comes full circle in return to the UFC
January 19, 2024
'It's crazy thinking about (how) pretty much a year ago today how unhappy I was. It wasn't for failing and that was the most frustrating part.'
Macy’s to cut more than 2,300 jobs, about 3.5% of its workforce, and close five stores
January 19, 2024
The legacy department store Macy's is aiming to trim costs and turn around slowing sales.
Winnipeg police union files grievance against city over Community Safety Team
January 19, 2024
Winnipeg's police union says it's filing a grievance with the city's Community Safety Team, saying the new group is doing work that should be done by police officers.
Vucevic’s double-double leads Bulls past Raptors
January 19, 2024
Bruce Brown wasn't sure if he'd even play for the Raptors just six hours after he arrived in Toronto, but he knew his abilities to cut to the basket and set picks would make the trip with him from Indiana.
Person of interest identified in 2023 death of Sparwood, B.C. man
January 19, 2024
Joel Zimbalatti, 21, was found shot to death in a Sparwood trailer on Oct. 11, 2023. According to Elk Valley Mounties, one man fled the scene before they arrived.
Call of the Wilde: Montreal Canadiens follow up wins with 6-2 loss to Ottawa
January 19, 2024
After wins over strong clubs Colorado and New Jersey, the Montreal Canadiens had a weaker opponent to face Thursday night in Ottawa. Brian Wilde has more.
U.S. says Houthis launched missiles at tanker ship but no damage caused
January 19, 2024
The Iran-backed Houthi militia launched two anti-ship ballistic missiles at a U.S.-owned tanker ship that hit the water nearby but caused no injuries or damage.
India’s consumption growth is set to accelerate as Goldman predicts ‘affluent’ Indians to nearly double
January 19, 2024
Around 100 million people in India will earn an income of more than $10,000 a year by 2027, according to Goldman Sachs.
Haley unmoved amid growing calls to leave 2024 race and back Trump
January 19, 2024
The 2024 Republican primary is in full swing, as former President Donald Trump continues to hold a commanding lead over former South Carolina Gov. Nikki Haley.
China’s working age population is shrinking
January 19, 2024
China's working age population is shrinking as a share of the total number of people in the country, according to official data.
Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years
January 19, 2024
A top Lenovo exec said he'd "bet a paycheck" that Motorola will be the third-biggest smartphone brand in 3 years, laying down a challenge to Apple and Samsung.
Top CEOs fear that volatile supply chains are now just the new normal
January 19, 2024
Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay.
One of Biden’s Favorite Chip Projects Is Facing New Delays
January 19, 2024
Taiwanese chip maker TSMC expects to delay production at the second of two semiconductor plants it is building in Arizona.
EU Commission Intends to Block Amazon’s iRobot Acquisition
January 19, 2024
The European Union’s competition watchdog is weighing the tech giant’s $1.7 billion bid to purchase Roomba maker iRobot.
Here’s Morgan Stanley’s ‘conviction list’ of global dividend stocks
January 19, 2024
Morgan Stanley produced a screen of what it called its "conviction list" of dividend stocks. CNBC Pro features eight of them.
BYD and more: AllianceBernstein names top Asian stock picks for the next 6 months, gives one over 60% upside
January 19, 2024
The bank reveals stocks it finds "particularly attractive right now," using a model it says can differentiate "winners from losers" even over the long term.
Congress passes stopgap bill to prevent a shutdown until March, sending it to Biden
January 19, 2024
The legislation keeps the government open on a short-term basis until March 1, when the first of two funding deadlines will hit. The second will be on March 8.
Unredacted complaint alleges Meta knew of ‘huge volume’ of child sexual harassment on its platforms
January 19, 2024
The new allegations are part of a lawsuit against Meta over the company's steps to protect children online.
Nvidia and AMD shares hit record highs on AI chip surge
January 19, 2024
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
January 19, 2024
Meta appears poised to spend billions of dollars by the end of this year on Nvidia's popular computer chips that are widely used for AI projects
Dow closes 200 points higher Thursday to shake off 3-day slump as Apple shares pop: Live updates
January 19, 2024
The Nasdaq Composite rose Thursday and turned positive for the year, boosted by tech gains.
Amazon Logistics Executive John Felton to Become AWS CFO
January 19, 2024
Amazon.com logistics executive John Felton is taking over as chief financial officer of the company’s cloud division, Amazon Web Services, according to people familiar with the matter.
Red Sea attacks already bigger issue for supply chain than pandemic, maritime advisory warns
January 19, 2024
Houthi attacks on ships in the Red Sea are already having a bigger impact on the supply chain than Covid, according to data coming in on cargo vessel delays.
Nelson Peltz is launching a blitz on Disney. Here’s what he says is next in his proxy fight
January 19, 2024
Trian Fund Management will amp up its case to get Nelson Peltz and Jay Rasulo elected to the Disney board in the coming months.
Fed’s Raphael Bostic expects rate cuts to happen in the third quarter
January 19, 2024
The Atlanta Fed president said a "golden path" economic scenario is getting closer than many Fed officials had expected.
This trait is a subtle sign someone is highly intelligent, says psychotherapist—some people are ‘naturally gifted’ with it
January 19, 2024
Highly intelligent people listen and have conversations differently than others do, says psychotherapist Jenny Maenpaa. Here's how to cultivate the skill.
Ukraine war updates: Kremlin shares its view of Davos after being snubbed; Russia says Kyiv attacked Baltic oil terminal
January 19, 2024
Russia claimed that Ukraine attacked several Russian regions with drones overnight, including the northern Leningrad region, for the first time.
U.S. executives in Davos see a Trump victory in 2024, and no cause for concern
January 18, 2024
Both publicly and privately, many U.S. executives at Davos expressed calm and readiness for a potential Donald Trump return to the White House.
Gaza aid obstacles continue to delay vital relief
January 18, 2024
Medicines for Israeli hostages were reportedly allowed into Gaza for the first time on Thursday along with a consignment of relief supplies for Palestinians, under an agreement brokered by Qatar and France.