Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk
September 18, 2023
The immediate and mutually agreed departure of Naspers and Prosus CEO Bob van Dijk underscores a complicated few years.
International
Major central banks are on the brink of peak rates — but the inflation battle might not be over
September 18, 2023
The European Central Bank, Federal Reserve and Bank of England are nearly done with interest rate rises, but inflation will continue to cause pain.
Americans are least likely to care about kids having good manners. Here’s what they prioritize instead
September 18, 2023
A new report by King's College London shows that the U.S. is the country that is least likely to say good manners are very important for children.
Which is better — ChatGPT or a travel agent? Here’s our pick
September 18, 2023
Generative AI is getting better by the week, but can it best the skills of a professional travel planner? Intrepid Travel accepted CNBC's request to find out.
‘A real big deal’: Biden backs economic corridor as shifting geopolitical alliances fragment the global economy
September 18, 2023
China's BRI offers a glimpse into Biden's ambition and perhaps what his infrastructure pact will come up against.
China VC deals plunge, on track for worst pace in more than seven years
September 18, 2023
Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance and Didi, according to PitchBook.
Singapore’s birth rate is at a record low — but ‘throwing money’ at the problem won’t solve it
September 18, 2023
Singapore's birth rate reached a record low in 2022 as high cost of living in the country steers couples away from expanding their family.
Ray Dalio warns of ‘great disruptions,’ shares top tips for new investors
September 18, 2023
Bridgewater's Ray Dalio said it is important for new investors to have a diversified portfolio as economic and geopolitical headwinds continue to rage on.
Bank of America names 2 European chip stocks as its ‘top picks’ into year-end
September 18, 2023
The Wall Street bank's "top autos semis pick" is expected to rise by more than 60% over the next 12 months.
Ukrainian President Volodymyr Zelenskyy to meet with senators at the U.S. Capitol
September 17, 2023
Majority Leader Chuck Schumer and Minority Leader Mitch McConnell will host an all-senators meeting with Zelenskyy on Thursday.
Sweden is the No. 1 country for affordability, safety and overall quality of life
September 17, 2023
U.S. News and World Report, WPP and the Wharton School of the University of Pennsylvania surveyed more than 17,000 people worldwide.
Russell Brand’s management agency terminates ties to him following sexual assault allegations
September 17, 2023
The Tavistock Wood Management Agency "terminated all professional ties to Brand" after they believe they "were horribly misled by him."
This individual investor favorite has endured even as other meme stocks fell from favor
September 17, 2023
Tesla net inflows from retail investors have risen and it's now on track to be the most bought-into security.
China’s AI applications are coming — where it matters for monetization
September 17, 2023
Chinese companies are making announcements about artificial intelligence again – this time about applications.
Trump says he doesn’t worry about going to jail: ‘I don’t even think about it’
September 17, 2023
In an interview with NBC's "Meet the Press" moderator Kristen Welker, Trump also took responsibility for his actions to reverse his 2020 loss.
Hollywood is paying a steep price for never really figuring out the streaming model
September 17, 2023
Streaming broke the traditional media model. Legacy media companies are still figuring out the future, while holding on to that model for as long as possible.
Behind Warren Buffett’s $100 billion-plus bet on Apple and the iPhone
September 17, 2023
The "Oracle of Omaha" called the iPhone "an extraordinary product" and Apple a better business than any of Berkshire's wholly-owned subsidiaries.
Fourteen dead in plane crash in Brazil’s Amazonas state
September 17, 2023
Manaus Aerotaxi airline issued a statement confirming there had been an accident and that it was investigating, but offered no details on deaths or injuries.
IAEA chief Grossi condemns Iran’s ‘unprecedented’ barring of inspectors
September 17, 2023
IAEA said Tehran's decision went beyond normal practice. It said Iran had told it that it would bar "several" inspectors, without giving a number.
Ukraine drones strike Crimea, Moscow, oil depot, Russia says
September 17, 2023
Ukraine in recent days has launched a series of strikes on Russian military targets in occupied Crimea, including the Russian Navy Black Sea Fleet's facilities.
Arm IPO Excites Wall Street, but Challenges Loom
September 17, 2023
British supplier of designs for chips, long seen as the industry’s Switzerland, is challenged with growing beyond its dominance in mobile phones without upsetting existing customers.
Atlantic storm Lee delivers high winds and rain before forecasters call off warnings in some areas
September 16, 2023
Atlantic storm Lee made landfall at near-hurricane strength Saturday, bringing destructive winds, rough surf and torrential rains to New England.
Stellantis offers raises, inflation protection measures to UAW as strikes continue
September 16, 2023
The company outlined its latest deal, which was released Thursday.
More companies, especially airlines, warn higher costs will eat into profits
September 16, 2023
UPS and airlines are digesting big new labor deals, while Hollywood and the auto industry are at odds with unions.
UAW strike brings blue-collar vs. billionaire battle to Detroit
September 16, 2023
The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.
Take a look at the powerful and easy-to-drive $2.1 million Rimac Nevera electric hypercar
September 16, 2023
Croatia's Rimac Nevera tops out at 258 mph thanks to its four motors and 1,914 horsepower. It's also stunningly easy to drive.
North Korea’s Kim views Russian nuclear-capable bombers, hypersonic missiles
September 16, 2023
Washington has accused North Korea of providing arms to Russia, but it is unclear whether any deliveries have been made.
U.S. ambassador to Russia visits jailed reporter Gershkovich
September 16, 2023
Gershkovich is the first U.S. reporter to be accused of spying in Russia since the Cold War.
Poland, Hungary, Slovakia to introduce own bans on Ukraine grains
September 16, 2023
The announcements follow a European Commission decision not to extend its ban on imports into Ukraine's five EU neighbors.
People Are Streaming Pirated Movies on TikTok, One Short Clip at a Time
September 16, 2023
The videos violate copyright laws, but they remain available—for now.
The Executive Trying to Make Microsoft Smarter About AI
September 16, 2023
Chief Technology Officer Kevin Scott spearheaded the tech titan’s unlikely partnership with OpenAI.
These bonds offer high yields for taking on hurricane and other disaster risks
September 15, 2023
Catastrophe bonds are expected to hit a record issuance this year and can rake in income above 13%.
The Fed is expected to hold rates steady next week, but its guidance will be key for investors
September 15, 2023
Wall Street will be looking for policy clues in the post-meeting statement beyond the decision.
Dow sheds nearly 300 points Friday, S&P 500 and Nasdaq suffer second straight week of losses: Live updates
September 15, 2023
Investors are wrapping up a volatile week ahead of the Federal Reserve's September policy meeting.
Planet Fitness shares sink after board ousts CEO in shocking move
September 15, 2023
CEO Chris Rondeau has been been with Planet Fitness for more than three decades.
Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine
September 15, 2023
Their questions follow the publication of a biography of Elon Musk with an anecdote suggesting SpaceX disconnected Starlink service before a Ukrainian attack.
Instacart aims for valuation of up to $10 billion in upcoming IPO
September 15, 2023
Grocery delivery platform Instacart raised its initial price range to between $28 and $30 per share in a regulatory filing Friday.
Arm’s second trading day is more subdued, but valuation still tops $60 billion
September 15, 2023
Arm began trading Thursday with shares in its blockbuster IPO priced at $51 each, valuing the company at about $54.5 billion.