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Trump administration to reclassify marijuana as Schedule III, easing research barriers but not legalizing the drug or changing current federal penalties.
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The company quietly slipped the deal into a recent regulatory filing
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Was it AI? Was it Apple TV? Or did the Cult of Apple just kind of lose its luster?
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Beijing's message is unmistakable: If Hainan can no longer thrive as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process goods, attract overseas capital and experiment with a more open economic model.
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Microsoft's new Xbox chief is ‘reevaluating' exclusive games The VergeWe Are Xbox Xbox WireMicrosoft brings Xbox back, scraps Microsoft Gaming The VergeFour Key Priorities For Xbox's Future Outlined By CEO Asha Sharma & EVP Matt Booty Pure XboxXbox Pulls An HBO Aftermath
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Spirit Airlines confirmed it is in talks with the Trump administration for a rescue package.
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Iran War Created Biggest Ever Energy Security Threat, IEA Says Crude Oil Prices Today | OilPrice.com'We are facing the biggest energy security threat in history,' IEA chief tells CNBC CNBCGlobal energy markets are on the verge of a disaster The Economist
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The deal, which has met with resistance from Hollywood unions and some state attorneys general, is now awaiting regulatory approval.
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Meta says it will cut 8,000 jobs as AI spending grows BBCMeta plans to cut 10% of workforce, or 8,000 jobs, as it doubles down on AI MarketWatchMeta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers Yahoo FinanceExclusive: Meta targets May 20 for first wave of layoffs; additional cuts later in 2026 Reuters
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Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant AP NewsWarner Bros. Discovery shareholders approve Paramount takeover CNNWarner Bros. investors approve $110 billion sale to Paramount Skydance, following long battle with Netflix Yahoo FinanceWBD Shareholders Reject David Zaslav's Golden Parachute In Merger Deadline
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Some investors are shunning private-credit funds, but billions of dollars are still flowing into funds with a big software exposure.
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Meta CTO Andrew Bosworth says he only feels stressed out a maximum of five times a year.
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Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
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S&P 500 climbs to fresh record high as chip stocks outperform: Live updates CNBCStock market today: Dow, S&P 500, and Nasdaq slide as oil rises amid Hormuz standoff Yahoo FinanceWall St muted as Middle East impasse, mixed earnings hurt sentiment ReutersStocks cut opening losses, trade little changed as U.S.-Iran tensions remain high Investing.com
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Meet the 19-metre octopus that prowled the ancient seas BBCA massive kraken-like octopus may have prowled the seas during the age of dinosaurs AP News‘Kraken-like' giant octopuses 100m years ago crunched bones of prey The Guardian62-foot octopus ruled the seas, ate 'Jurassic World' dino: Study New York PostScientists just discovered a 60-foot long, kraken-like octopus The Washington Post
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It's a precarious time for the airline sector, as a surge in fuel costs due to the Iran conflict is forcing carriers to cut capacity.
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Musk says the humanoid robot could start operating outside Tesla as soon as next year.
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Why Tesla Stock Is Falling After Earnings Beat: Huge Capital Spending Plans, Elon Musk Comments Investor's Business DailyInvestors Fret Over Tesla's $25 Billion A.I. Bet The New York TimesTesla boosts spending plan to $25 billion for AI and robots Los Angeles TimesTesla's making money. But it's planning to spend an awful lot more NPRTesla Q1 earnings, sales top fo
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The annual black-tie event attracts Hollywood stars, reporters and politicians for an irreverent night celebrating press freedom.
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Live Updates: Iran touts video of Strait of Hormuz cargo ship seizures as Trump keeps quiet on next move CBS NewsIran shows off its control over strait after collapse of peace talks ReutersHow Iran raised Hormuz stakes by capturing ships Al Jazeera
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Having rallied 88% so far in 2026, even a record-breaking set of first-quarter numbers from SK Hynix struggled to impress traders.
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‘We're going to be substantially increasing our investments in the future,' Musk said Wednesday.
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Rising prices risk deepening the country's deflationary trap rather than providing any escape from it
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Promise of excess yield and the "safety" of a bond lures retail investors — but what looks too good to be true often is.
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Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite.
While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 billion yuan ($1.8 billion) versus the same period last year, that was a lot lower than the 14.7 billion yuan expected. Revenue shrank 12.5 percent to 92.3 billion yuan year-on-year, sharply down on projections for 118.4 billion yuan.
The world's largest maker of EV batteries is being hit as automakers from General Motors to Ford begin to scale back EV production plans and delay model launches. Countries like Japan and Germany, home to some of the largest automotive incumbents, have seen not just a slowdown in the growth rate, but an outright decline in EV sales.
CATL supplies many big name carmakers, including Tesla Inc.
Although the Chinese giant dwarfs competitors, it isn't alone in feeling the pain. The world's third largest battery maker, South Korea's LG Energy Solution Ltd., is likely to suffer its third consecutive quarterly profit decline, its most recent preliminary earnings show.
For the January to August period, CATL's global market share stood at 37.1 percent, up 1.6 percentage points on the same period of last year, data from SNE Research show. LG Energy's market share shrunk 2.3 percentage points to 12.1 percent.
CATL's greater control over its supply chain does at least wring more profit from its suppliers, helping to drive down costs. Bloomberg Intelligence has suggested that more global EV makers adopting cheaper lithium-iron-phosphate (LFP) batteries could help CATL gain market share overseas. The company's energy-storage business is also emergin
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