Lumen Technologies Pushes Out Debt Maturity With Agreement
November 1, 2023
The Denver-based telecommunications company said the deal will also provide it with $1.2 billion in additional financing.
International
Match Group, Google Reach Binding Term Sheet in Legal Battle
November 1, 2023
The online dating company said that $40 million placed in escrow will be returned to Match and no other amount will be owed by the Match plaintiffs to Google.
Saudi Arabia set to host 2034 World Cup after Australia decides not to bid
October 31, 2023
Saudi Arabia hosting the World Cup is likely to be seen as highly controversial.
Chinese Laser Sensor Maker Targeted as Tech Trade War Spreads
October 31, 2023
Sensor maker Hesai is fighting U.S. concerns about lidar systems used in next-generation vehicles and weapons.
Amazon, DoorDash, Walmart, trapping workers in poverty: UN rights expert
October 31, 2023
A UN poverty expert called on the CEOs of Amazon, DoorDash and Walmart on Tuesday to address allegations that wages at the US-based corporations are trapping workers in poverty, forcing them to rely on US Government benefits to survive.
Bangladesh, Maldives, DPR Korea make ‘tremendous’ strides toward disease elimination
October 31, 2023
The World Health Organization (WHO) on Tuesday hailed the elimination of several life-threatening diseases in developing nations as a major breakthrough for public health.
Toll of Israel-Palestine crisis on children ‘beyond devastating’
October 31, 2023
Gaza has become a “graveyard” for children with thousands now killed under Israeli bombardment, while more than a million face dire shortages of essentials and a lifetime of trauma ahead, UN humanitarians said on Tuesday.
Amid Middle East crisis, ‘brutal and far-reaching’ war continues in Ukraine
October 31, 2023
As the world’s attention focuses on the unfolding emergency in the Gaza Strip, a senior UN aid official on Tuesday urged the Security Council not to overlook the equally “brutal and far-reaching” crisis in Ukraine.
World News in Brief: Russia likely attacked Ukraine cafe, disease alert for Sudan, Taliban must release rights defenders
October 31, 2023
A missile which struck a café in the village of Hroza in eastern Ukraine killing 59 people earlier this month was launched with no indication of any legitimate military targets at the site, according to a new report by the UN human rights office (OHCHR).
Guterres blasts ‘completely inadequate’ levels of aid for Gaza civilians
October 31, 2023
The UN chief on Tuesday said levels of aid allowed into the stricken Gaza Strip are “completely inadequate” to meet the rising needs of civilians trapped there amidst the intensifying fighting.
UN calls for global action to turn cities into engines of sustainable development
October 31, 2023
Marking World Cities Day on Tuesday, the UN Secretary-General emphasised the vital role cities play in sustainable development as catalysts for economic growth and innovation.
On sacred ground in Nepal, UN chief calls for global action for peace
October 31, 2023
Standing in the sacred grounds of Lumbini, UN Secretary-General António Guterres on Tuesday delivered a heartfelt message, urging the world to take inspiration from the teachings of Lord Buddha and make a commitment to peace and compassion, as crises m...
Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
October 31, 2023
The tech company had been pushing to make chip shipments for next year before new restrictions came into effect.
X Puts Company Value at $19 Billion
October 31, 2023
Elon Musk previously said he sees a clear, but difficult, path to X being worth more than $250 billion eventually.
Apple’s New M3 MacBook Pro and M3 iMac: Some Tricks, Some Treats
October 31, 2023
The “Scary Fast” computers get powerful M3 chips, but everything else remains largely the same.
SEC Sues SolarWinds Over 2020 Hack Attributed to Russians
October 31, 2023
Regulator says the software company defrauded investors by misleading them about its cyber vulnerabilities.
Israel-Hamas war live updates: Netanyahu says Israel will not agree to a ceasefire; UNICEF warns clean water in Gaza ‘quickly running out’
October 31, 2023
Israel has pledged to continue its "large scale, significant strikes" in pursuit of Hamas militants responsible for the Oct. 7 carnage.
Biden issues U.S.’ first AI executive order, requiring safety assessments, civil rights guidance, research on labor market impact
October 31, 2023
The executive order builds on voluntary commitments the White House previously secured from leading AI companies.
Pinterest jumps on better-than-expected third-quarter results
October 31, 2023
Pinterest topped analysts' estimates for earnings and revenue in the third quarter
Treasury to borrow $776 billion in the final three months of the year
October 31, 2023
Officials attributed the lower borrowing needs to higher receipts, which were offset somewhat by greater expenses.
Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report
October 31, 2023
Tesla short sellers have made more than $3 billion since the company's third-quarter earnings call, according to data from Ortex.
Shipping industry could lose $10 billion a year battling climate change by 2050
October 31, 2023
Shipping is at increasing risk from tropical storms, inland flooding, sea level rise, drought and extreme heat.
Israeli economists urge Netanyahu to re-open the nation’s budget to account for the war
October 31, 2023
Hundreds of influential Israeli economists are warning the government that it must make big economic changes quickly as the war with Hamas drags on.
Google CEO Defends Apple Search Partnership in Historic Antitrust Trial
October 31, 2023
Chief Executive Sundar Pichai took the stand as the trial entered its eighth week, a pivotal moment in a case that could result in major changes to the company’s search engine.
Facebook and Instagram get ad-free subscription service in Europe
October 31, 2023
Meta said the subscription offers were to comply with the "evolving" European regulations after it was slapped with a fine this year over data law breaches.
These stocks have earnings momentum heading into their reports this week
October 31, 2023
CNBC Pro screened for the S&P 500 companies reporting this week that analysts are most excited about, leading them to lift their earnings estimates.
Here are 2 stocks Jim Cramer is ‘most concerned about’ and 1 name that he likes
October 31, 2023
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
European markets close higher despite geopolitical tensions; German economy contracts
October 31, 2023
European markets closed higher on Monday, with investors keeping a close eye on the latest inflation data out of Spain and Germany.
‘Five Nights at Freddy’s’ rides PG-13 rating, video game fame to Halloween box office crown
October 31, 2023
"Five Nights at Freddy's" scored a 26% "rotten" rating on Rotten Tomatoes but that didn't matter. Younger audiences turned out in droves.
Tech Titans Rebound From Tough Times as AI Fuels Optimism
October 30, 2023
Microsoft, Alphabet, Amazon and Meta are seeing some initial payoff from big investments in AI, while trying to assure Wall Street that more wins are ahead.
UK confirms plans to regulate crypto industry with formal legislation
October 30, 2023
The U.K. government published its response to a consultation paper issued earlier this year, which recommended how the crypto industry should be regulated.
Meta Pauses Ads for Users Under 18 in Europe as It Rolls Out Subscriptions
October 30, 2023
The decision is part of a plan to launch subscription-based versions of Facebook and Instagram to comply with the continent’s regulations.
The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
October 30, 2023
As the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian said Monday.
Western Digital Separating Hard-Drive Business From Flash-Memory Unit
October 30, 2023
Western Digital plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business.
Upcoming COP28 summit must ‘respond decisively’ to gaps in global climate action
October 30, 2023
Next month’s UN climate summit in the United Arab Emirates (UAE) must respond decisively to the gaps in the intranational community’s response climate crisis, Deputy-Secretary-General Amina Mohamed said on Monday.
Gaza hospitals hanging on by a thread: UN humanitarians
October 30, 2023
UPDATED: With the Israel-Palestine crisis in its fourth week, UN aid teams on Monday highlighted the mounting pressure on north Gaza hospitals where patients and health workers remain, amid reports of expanded Israeli ground operations.
Tackling climate mis/disinformation: ‘An urgent frontier for action’
October 30, 2023
Climate impacts are accelerating with every fraction of a degree of global warming, yet denial, distortion and falsehoods about well-established scientific facts are flooding the internet and media landscape, according to the participants of a panel di...
‘Stop the madness’ of climate change, UN chief declares
October 30, 2023
UN Secretary-General António Guterres on Monday called on the world to “stop the madness” of climate change as he visited the Everest region in Nepal where melting glaciers are putting entire communities at risk of extinction.