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CNBC World News
May 29, 2024

Salesforce shares plunge 16% on first revenue miss since 2006
Salesforce issued a disappointing forecast in its quarterly earnings report on Wednesday.

CNBC World News
May 29, 2024

Trump trial update: Jury ends first day of deliberations after asking to re-hear testimony, judge's instructions
Donald Trump, the presumptive Republican presidential nominee, faces charges related to a payoff to porn star Stormy Daniels before the 2016 election.

CNBC World News
May 29, 2024

DOJ charges Chinese national with operating 'world's largest botnet' that stole $5.9 billion in Covid relief funds
The FBI previously shut down the China-backed "Volt Typhoon" hacking group, which had been targeting U.S. water plants, electric grids and more.

CNBC World News
May 29, 2024

Former OpenAI board member explains why CEO Sam Altman got fired before he was rehired
Former OpenAI board member Helen Toner said board members learned about ChatGPT from Twitter and didn't know CEO Sam Altman owned the OpenAI startup fund.

CNBC World News
May 29, 2024

BHP abandons bid to takeover Anglo American after multiple rejections
BHP Group on Wednesday said it would not be making a firm offer for Anglo American, shortly after the latter rejected a request to extend takeover talks.

CNBC World News
May 29, 2024

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
Crypto exchange Gemini announced Wednesday that it will return $2.18 billion to users of the Earn program, which it paused withdrawals for in November 2022.

CNBC World News
May 29, 2024

PwC agrees deal to become OpenAI's first reseller and largest enterprise user
PwC landed a deal Wednesday with OpenAI to become the artificial intelligence company's first resale partner and largest enterprise user.

CNBC World News
May 29, 2024

ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that bolsters shale assets
The acquisition will add 2 billion barrels of resources to ConocoPhillips' portfolio, extending its reach in shale fields in Texas, New Mexico and North Dakota.

CNBC World News
May 29, 2024

European Central Bank's Knot says monetary policy to ease ‘gradually,' as markets brace for June rate cut
"Policy rates will slowly but gradually move into less restrictive levels," European Central Bank Governing Council member Klaas Knot said Tuesday.

CNBC World News
May 29, 2024

Samsung faces probe after two chip workers exposed to radiation, authorities say
South Korean authorities are investigating Samsung after two workers at one of the tech giant's plants were exposed to radiation.

CNBC World News
May 29, 2024

Global debt has grown to $315 trillion this year — here's how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance.

CNBC World News
May 29, 2024

Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
The reported new offering would come at an opportune time for the kingdom, which is spending heavily on megaprojects while seeing lower oil revenue.

CNBC World News
May 29, 2024

Turbulence-hit Singapore Airlines flight fell 54 meters in less than five seconds, investigation finds
The Singapore Airlines flight that last week encountered severe turbulence on its way from London to Singapore dropped 54 metres in less than five seconds.

CNBC World News
May 29, 2024

Anglo American rejects BHP's 11th-hour bid to extend $49 billion takeover talks
Anglo American on Wednesday rejected a request from BHP Group to extend takeover talks, as the deadline for discussions looms later in the session.

CNBC World News
May 29, 2024

Apple to open first store in Malaysia as Asia expansion continues
The move to open a Malaysia store continues Apple's push to expand sales across Asia outside of China, a market that Apple has struggled in of late.

CNBC World News
May 29, 2024

BHP Group wants extension to $49 billion Anglo American takeover talks as deadline looms
BHP Group on Wednesday requested an extension to talks with takeover target Anglo American as the deadline for discussions looms.

CNBC World News
May 29, 2024

China's $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China's new third chip fund will likely focus on advanced chips and establishing the entire supply chain, said Winston Ma, adjunct professor at NYU School of Law.

CNBC World News
May 29, 2024

South Africans vote in the most pivotal election since the end of the apartheid
Some 30 years on from the peaceful transition from apartheid rule to democracy, South Africa could once again be on the cusp of change.

CNBC World News
May 29, 2024

How Temu parent PDD dethroned Alibaba to become China's most valuable e-commerce company
PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.

CNBC World News
May 28, 2024

IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures
The International Monetary Fund raised its forecast for China's growth this year to 5%, from 4.6% previously, due to "strong" first quarter figures and policy moves.

CNBC World News
May 28, 2024

Evidence against Trump in hush money case is 'overwhelming,' prosecutor tells jury in closing argument
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

CNBC World News
May 28, 2024

CNBC Daily Open: Nasdaq tops 17,000; Exxon faces shareholder revolt
Texas Instruments has become the latest company targeted by activist investor Elliott, which has taken a $2.5 billion stake in the chipmaker.

CNBC World News
May 28, 2024

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.

CNBC World News
May 28, 2024

Trump prosecutor says catch and kill might 'be what got President Trump elected'
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

CNBC World News
May 28, 2024

HubSpot shares jump on talks of potential Google deal
HubSpot shares rose Tuesday after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company.

CNBC World News
May 28, 2024

Hess shareholders approve $53 billion Chevron deal amid dispute with Exxon over Guyana assets
The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.

CNBC World News
May 28, 2024

Judge blasts Trump lawyer over 'outrageous' prison comment to hush money jurors
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

CNBC World News
May 28, 2024

GameStop shares jump more than 20% after $933 million stock sale
Shares in GameStop gained on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

CNBC World News
May 28, 2024

OpenAI former safety leader Jan Leike joins rival AI startup Anthropic
Jan Leiker joined Amazon-backed Anthropic shortly after resigning from OpenAI.

CNBC World News
May 28, 2024

I took a nearly $90,000 pay cut to work in food—now my restaurant brings in more than $1.8 million per year
Ji Hye Kim took a significant pay cut when she went from health care to food services. Her Michigan-based restaurant, Miss Kim, is now a success.

CNBC World News
May 28, 2024

FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Former top FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison and ordered to pay more than $11 million.

CNBC World News
May 28, 2024

Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty
The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.

CNBC World News
May 28, 2024

Starbucks is set to resume union negotiations as it confronts issues at its stores
Workers United is pushing Starbucks for better pay and benefits as well as improved staffing and scheduling.

CNBC World News
May 28, 2024

Trump was extortion target, not cover-up mastermind, lawyer argues at hush money trial
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

CNBC World News
May 28, 2024

Georgia president overruled as lawmakers push forward with Russia-style 'foreign agents' law
Georgian lawmakers on Tuesday voted to override a presidential veto on the Russia-style "foreign agents" law.

CNBC World News
May 28, 2024

GameStop shares jump more than 30% after $933 million stock sale
Shares in GameStop gained on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

CNBC World News
May 28, 2024

Trump 'did not commit any crimes,' lawyer tells hush money trial jurors in closing arguments
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.

CNBC World News
May 28, 2024

Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow
Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments.

CNBC World News
May 28, 2024

GameStop shares jump 15% after $933 million stock sale
Shares in GameStop gained on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

CNBC World News
May 28, 2024

Porsche reveals first-ever 911 hybrid sports car, starting at $164,900
The 2025 911 Carrera GTS hybrid marks a significant update to the iconic German sports car amid the automotive industry's focus on electrified vehicles.

CNBC World News
May 28, 2024

More than 100 business leaders including Wikipedia's Jimmy Wales sign open letter backing Britain's center-left opposition
The U.K. has been "denied the skills and infrastructure it needs to flourish," the letter says.

CNBC World News
May 28, 2024

OpenAI creates oversight team with Sam Altman on board, begins training new model
OpenAI, the developer of ChatGPT, said it has begun training its "next frontier model."

CNBC World News
May 28, 2024

GameStop shares rise 26% in premarket trading after $933 million stock sale
Shares in GameStop gained in premarket trading on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

CNBC World News
May 28, 2024

South Africa prepares for pivotal election that could see ANC lose its grip on power
Some 30 years on from the peaceful transition from apartheid rule to democracy, South Africa could once again be on the cusp of change.

CNBC World News
May 28, 2024

GameStop shares rise 25% in premarket trading after $933 million stock sale
Shares in GameStop gained in premarket trading on Tuesday after the company announced Friday that it had made $933 million from a stock sale.

CNBC World News
May 28, 2024

'This can no longer be justified': International outcry over Rafah attack piles more pressure on Israel
Israeli Prime Minister Benjamin Netanyahu described the attack as a tragic error.

CNBC World News
May 28, 2024

Fed's Kashkari wants to see 'many more months' of positive inflation data before a rate cut
The Federal Reserve should wait for significant progress on inflation before cutting rates, Minneapolis Federal Reserve President Neel Kashkari said Tuesday.

CNBC World News
May 28, 2024

Top K-pop stocks fall as Hybe sells $50 million stake in SM Entertainment
Stocks of Hybe — which manages K-pop sensation BTS — stock slid as much as 2.4%, while SM Entertainment saw its shares plunge as much as 5.74% on Tuesday.

CNBC World News
May 27, 2024

Top K-pop stocks fall after reports that Hybe may sell $50 million stake in SM Entertainment
Stocks of Hybe — which manages K-pop sensation BTS — stock slid as much as 2.4%, while SM Entertainment saw its shares plunge as much as 5.74% on Tuesday.

CNBC World News
May 27, 2024

Safaris aren't the only tourist attraction in Africa. From cruises to wine tasting, here's what else you can do
Safaris draw many to Africa, but travelers can also hike, bike and cruise around the continent, tour its wine regions and explore coastal cities like Mombasa.

CNBC World News
May 27, 2024

Deepfake scams have robbed companies of millions. Experts warn it could get worse
A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.

CNBC World News
May 27, 2024

CNBC Daily Open: Musk's AI start-up raises $6 billion
Elon Musk's artificial intelligence startup, xAI, secured $6 billion in Series B funding, valuing the company at $24 billion.

CNBC World News
May 27, 2024

Gold, silver and copper rally has just taken a breather — new highs are not that far off, experts say
UBS strategists in a note last week raised their forecasts for gold to $2,500 per ounce by the end of September, and $2,600 by year-end.

CNBC World News
May 27, 2024

Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
The 4DX experience costs an average of $8 more than traditional ticket prices, but that doesn't seem to deter audiences.

CNBC World News
May 27, 2024

'Drone wall' against Russia: Six NATO countries announce border defense plan
Lithuania, Latvia, Estonia, Poland, Finland, and Norway are joining forces to build a 'drone wall' to protect their borders against Russia.

CNBC World News
May 27, 2024

The time is ripe to cut interest rates next week, European Central Bank's Rehn says
"Thanks to this disinflationary process ... the time is thus ripe in June to ease the monetary policy stance and start cutting rates," the ECB's Olli Rehn said.

CNBC World News
May 27, 2024

China calls on Japan and South Korea to reject 'protectionism' in trilateral summit
This is the first meeting between the three leaders in more than four years.

CNBC World News
May 27, 2024

Alibaba's global arm signs David Beckham as international e-commerce brand ambassador
Soccer star David Beckham has signed his latest advertising deal with Alibaba's international e-commerce platform AliExpress, the business unit said Monday.

CNBC World News
May 27, 2024

Some employers are reluctant to hire college grads who attended pro-Palestinian protests, survey finds
Some employers are reluctant to hire college grads who attended recent pro-Palestinian protests over fears they are liabilities, an Intelligent.com survey found.

CNBC World News
May 27, 2024

Meet the art collectors with home galleries: 'The stock market doesn't give me any fulfillment'
Christian Levett opens his home for tours of his collection, while Grant Cardone prefers art to the stock market. The Boros family live above their art museum.

CNBC World News
May 26, 2024

Here are the top 10 most desirable cities for expats looking to relocate in 2024
London maintained its top spot as the most desirable destination city for global talent, according to the Decoding Global Talent 2024 report.

CNBC World News
May 26, 2024

History shows how a UK election can impact the country's stock market
The MSCI UK index has been up by circa 6% six months after Labour victories and down circa 5% following Conservative wins, according to Citi.

CNBC World News
May 26, 2024

What 5 self-made millionaires refuse to spend money on: It's 'fun being able to buy something and choosing not to'
You don't become a millionaire — or stay one for long — by spending indiscriminately. Five millionaires offer ideas on where you can save.

CNBC World News
May 26, 2024

My family's from the Greek island of longevity, where people often live to 100—here's 1 unexpected food we always eat
Diane Kochilas, whose family is from Ikaria, a Blue Zone in Greece, says this is "considered one of the island's secret ingredients for longevity."

CNBC World News
May 25, 2024

Here's what it's like inside the operating room when someone gets a brain implant
Precision Neuroscience is testing its brain implant at the Mount Sinai Health System in New York City. CNBC observed one procedure from the operating room.

CNBC World News
May 25, 2024

'Pregnancy discrimination across corporate America is still rampant,' author says
In the book, "Women Money Power," financial journalist Josie Cox tells the story of women's fight for financial equality.

CNBC World News
May 25, 2024

Rise of resort day passes offers travelers luxury on a budget
ResortPass holds 95% of the day-guest market and has partnered with luxury hotels including the Waldorf-Astoria, JW Marriott and Fontainebleau.

CNBC World News
May 25, 2024

The Fed probably won't be delivering any interest rate cuts this summer
Investors likely will have to sweat out a summer during which it looks increasingly unlikely that the Federal Reserve will be cutting interest rates.

CNBC World News
May 24, 2024

Truth Social struggles to grow its U.S. user base, new data on Trump Media app shows
Trump Media, which trades under DJT on the Nasdaq, relies on ad sales and acknowledges that a decline in user engagement could hurt its business.

CNBC World News
May 24, 2024

UAW challenges Mercedes-Benz union vote, asks NLRB for new election
The UAW alleges Mercedes-Benz fired pro-union workers, forced workers to attend anti-union meetings, and interfered with workers' ability to advocate.

CNBC World News
May 24, 2024

Oil prices bounce back from three-month lows but book a loss for the week
WTI and Brent are on pace for a weekly loss of about 4% and 3%, respectively.

CNBC World News
May 24, 2024

Google criticized as AI Overview makes obvious errors, such as saying former President Obama is Muslim
Public criticism has mounted over Google's AI Overview feature in Search, which has returned inaccurate or nonsensical results, according to screenshots.

CNBC World News
May 24, 2024

The big boss is wearing friendship bracelets. How the 'universal language' of Taylor Swift and Beyoncé is helping life at work
In a time of worker dissatisfaction and generational clashing, the singers usher in social harmony.

CNBC World News
May 24, 2024

Google criticized as AI Overview makes obvious errors, saying President Obama is Muslim and that it's safe to leave dogs in hot cars
Public criticism has mounted over Google's AI Overviews feature in Search, which has returned inaccurate or nonsensical results, according to screenshots.

CNBC World News
May 24, 2024

UN's top court orders Israel to halt military offensive in Rafah
The U.N.'s top court, the International Court of Justice, on Friday ordered Israel to cease its military offensive in Rafah, citing concerns over the safety of Palestinian civilians.

CNBC World News
May 24, 2024

Turkish markets are 'on the verge of a renaissance moment,' Citi says
New economic and central bank team appointments since roughly a year ago appear dedicated to reversing Turkey's fortunes, no matter how painful the process.

CNBC World News
May 24, 2024

Singapore Airlines tweaks its in-flight seatbelt sign policies after fatal incident
Singapore Airlines altered its in-flight seatbelt rules and changed at least one flight route following Tuesday's turbulence incident.

CNBC World News
May 24, 2024

X CEO Linda Yaccarino accuses Australia of 'overreach' after judge lifts ban on stabbing video
X CEO Linda Yaccarino accused Australian regulators of "overreach" over its decision to ban videos of a Sydney church stabbing.

CNBC World News
May 24, 2024

Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years
With Nvidia's stock price rising over 9% on Thursday to close at almost $1,038, the value of CEO Jensen Huang's stake rose by $7.7 billion.

CNBC World News
May 24, 2024

Former TikTok CEO Kevin Mayer says AI hype is at an all-time fever pitch right now
Former TikTok CEO and Candle Media co-CEO Kevin Mayer believes that the hype around artificial intelligence has reached a crescendo.

CNBC World News
May 24, 2024

Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
Nio, Xpeng and BYD have continued their European expansion even as an ongoing EU probe into Chinese electric vehicle subsidies could result in tariffs.

CNBC World News
May 24, 2024

Bhutan turns to 'Gross National Happiness 2.0' as crisis deepens
Bhutan's Prime Minister Tshering Tobgay stated that the country's approach to GNH is changing on some level because of its economic struggles.

CNBC World News
May 24, 2024

China's war drills around Taiwan enter Day 2. Here's what it means for cross-strait relations
The two-day military drills, which continued on Friday, come just days after Taiwan's new President Lai Ching-te was sworn in.

CNBC World News
May 24, 2024

British retail sales plunge 2.3% in April, missing estimates
U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.

CNBC World News
May 24, 2024

JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets
JPMorgan is "positive" on China stocks and "constructive" on its real estate sector as the world's second-largest economy strives to prop up its equity and property markets.

CNBC World News
May 24, 2024

CEOs of AI startups backed by Microsoft and Amazon are the new tech rockstars
Mistral AI CEO Arthur Mensch and Anthropic CEO Dario Amodei are in the spotlight, both leading AI companies backed by U.S. tech giants.

CNBC World News
May 24, 2024

F1 dispute with Andretti Global draws in U.S. lawmakers
A dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point.

CNBC World News
May 24, 2024

CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop
Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

CNBC World News
May 24, 2024

CEOs of AI start-ups backed by Microsoft and Amazon are the new tech rockstars
Mistral AI CEO Arthur Mensch and Anthropic CEO Dario Amodei are in the spotlight, both leading AI companies backed by U.S. tech giants.

CNBC World News
May 23, 2024

India and Japan are bright spots in Asia's 'supremely interesting' equity and M&A markets, JPMorgan says
Filippo Gori, co-head of global banking at JPMorgan, on Thursday said Japan is "on fire" while India is "very in high demand."

CNBC World News
May 23, 2024

OpenAI sends internal memo releasing former employees from controversial exit agreements
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.

CNBC World News
May 23, 2024

CEO of a huge recruitment firm is sending a warning on India's youth unemployment
More fresh graduates in India are being employed in startups, but more jobs are needed to combat high levels of unemployment, according to Foundit

CNBC World News
May 23, 2024

CNBC Daily Open: Dow sinks 600 points, Nvidia soars
Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

CNBC World News
May 23, 2024

'We have failed economically': Bhutan turns to 'Gross National Happiness 2.0' as crisis deepens
Bhutan's Prime Minister Tshering Tobgay stated that the country's approach to GNH is changing on some level because of its economic struggles.

CNBC World News
May 23, 2024

SEC approves rule change to allow creation of ether ETFs
The regulator said it will allow exchanges to list funds that buy and hold the ether cryptocurrency, following a similar move for bitcoin funds in January.

CNBC World News
May 23, 2024

Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI
Adam Selipsky's three-year tenure at the helm of Amazon Web Services coincided with slowing growth and an increasingly competitive landscape in AI.

CNBC World News
May 23, 2024

Here's where the last $6 billion in CHIPS Act semiconductor award money is going
The Commerce Department is weighing how to allocate the final $6 billion in CHIPS Act award money to fund semiconductor suppliers, legacy chipmakers and others.

CNBC World News
May 23, 2024

E.l.f. Beauty shares soar 19% after retailer indicates its torrid growth may not be over
E.l.f. Beauty grew sales in the high double-digit percentages again, but it expects that growth to start to moderate in the coming fiscal year.

CNBC World News
May 23, 2024

Daily marijuana use surpasses alcohol consumption, new study finds. Here's what it means for the booze business
Some analysts on Wall Street think increased cannabis adoption will have an impact on the alcohol industry, with the potential for mergers and fewer beer sales.

CNBC World News
May 23, 2024

Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing's aircraft deliveries won't recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.

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