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The Latest Breaking News from CNBC

Billionaires bought big in 2024

The wealth of the world's richest jumped to $14 trillion over the past year. Here's what they splurged on

Salon

Cathie Wood's Journey From Wall Street Royalty to Being Villainized By the Media: “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Cathie Wood, the founder and CEO of ARK Invest, is as well-known for her visionary investment strategies. Despite her frequent appearance amongst headlines, she says that was never her intention and she has been reluctant to embrace the spotlight that often accompanies her success. In a CNBC interview, Wood shared...

Barchart

Cathie Woods Journey From Wallstreet Royalty to Being Villanized By the Media, “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Barchart

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The Nissan-Honda Crisis, Explained

The news sent shockwaves across the auto industry, Wall Street and even the consumer space: Struggling Japanese automaker Nissan may merge with considerably less struggling Japanese automaker Honda. If you own, have owned or are a fan of either brand, this may come as a total surprise to you, and…

InsideEVs

Hundreds of OpenAI's current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale

A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.

Fortune

Walmart Starts Putting Body Cameras on Employees to Combat Escalating Customer Rage

An undisclosed number of Walmart locations are testing whether the body cameras curb retail violence.

Latin Times

The financial worry of Gen X parents

More than half said they're concerned their children won't be financially independent adults

Salon

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Walmart is experimenting with body cameras for employees—like the ones used by cops—to ward off 'unprecedented levels' of shopper violence

Walmart is piloting a program at select stores where employees are required to wear body cameras.

Fortune

As dealers trash his legacy, ex–Stellantis CEO Carlos Tavares has no regrets

Carlos Tavares has no regrets about his premature exit from troubled automaker Stellantis.

Fortune

FBI warns Apple and Android users to avoid RCS messaging — here's why

RCS communications between Apple and Android devices still lack end-to-end encyption, leading to the FBI warning US users to look elsewhere.

Tom’s Guide

Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes

Elon Musk hints at a revolutionary underground tunnel that could take passengers from London to New York in less than an hour. The post Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes first appeared on Bored Panda.

Bored Panda

Bitcoin price hits new all-time high after Trump confirms BTC federal reserve plan

Latest crypto record pushes bitcoin’s market cap above $2 trillion

The Independent UK

OpenAI whistleblower found dead in San Francisco apartment after taking his own life

"We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during this difficult time," OpenAI said in a statement.

Fortune

Oscar Health CEO Blames High Denial Rates On Employer-Sponsored Insurance In Wake of Brian Thompson Assassination

The former Aetna CEO claimed individual plans are the best path forward for Americans

Latin Times

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Fortune

CNBC reportedly plans to launch a streaming service

Stand-alone service is set to launch in the first quarter of 2025.

TechRadar

Comcast plans to launch another streaming service in 2025 – here's what that means for Peacock

There's big changes coming to Comcast in 2025, including a new streaming service that could be bad news for Peacock subscribers.

Motor1

'Everybody Wanted to Keep the Hemi' Except Stellantis Ex-CEO Tavares, Sources Say

Carlos Tavares is gone as Stellantis' CEO, and in the aftermath of his resignation, a number of company insiders have come forward to provide an autopsy on his time as chief executive. It's not pretty, but one part of the saga is particularly jarring. “Everybody wanted to keep [Hemi],” a source…

International Business Times

Bank Of America Says US Labor Market Is Stagnant: 'Low-Hire, Low-Fire'

The 51% of workers who want a new job may have to wait a while — but they probably won't get laid off in the meantime.

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Benzinga

Jim Cramer: Exxon Is 'Overvalued' Versus Rival Oil Giant, Avoid Lumen Technologies

On CNBC's "Mad Money Lightning Round," Jim Cramer said Exxon Mobil Corporation is "overvalued" versus Chevron.

International Business Times UK

Shark Tank's Kevin O'Leary, Dodgers CEO Among Investors Eyeing TikTok Purchase and Revamp

A US court could ban TikTok if its Chinese parent company doesn't sell its stake. Several billionaires have expressed interest in acquiring the platform.

Benzinga

Jim Cramer Makes Ralph Lauren Prediction, SoundHound AI Finally 'Broke Out'

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Ralph Lauren, which reported better-than-expected earnings.

Latin Times

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

Sports Illustrated

Business of Football: NFL Owners Fully Embrace Private Equity Funding

NFL owners are turning to private equity investors to raise capital, adding even more value to their franchises.

Benzinga

Robinhood CEO Vlad Tenev Says Sports Betting Comments Taken 'A Little Bit Out Of Context,' But He Also 'Wouldn't Rule It Out'

Robinhood Markets saw early success with the launch of event contracts ahead of the 2024 presidential election. Now the company appears to be eyeing the sports betting space.

International Business Times

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

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