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The Latest Breaking News from CNBC

GM Just Laid Off Over 1,000 People

The layoffs represent 1.6 percent of the company's entire salaried workforce.

Motor1

This tantalizing symmetry in Warren Buffett's stock moves may be a clue on Apple

"If Buffett likes round numbers, he may not be planning to sell additional shares of Apple."

Fortune

Alibaba sees revenue hit by caution in cloud space

News follows previous results from this quarter suggesting that cloud dominance is still very much a three-horse race.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

SpaceX refutes reports that its Starship launch pad system polluted Texas waters

SpaceX has strongly refuted a media report claiming the company violated environmental regulations by releasing pollutants related to Starship launches in South Texas.

Space

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

How to watch Premier League 2024/25 live streams online or on TV

Here's how you can watch Premier League 2024/25 online, with the season running from August to May.

WhatToWatch

Apple Intelligence could get a $20 Plus version — what we know

A recent interview has given us our best idea of how much an Apple Intelligence+ subscription could cost.

Tom’s Guide

Read news from The Economist, FT, and more,
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US TikToker Slammed For Telling Tourists That 20% Tip Is The 'Kind, Right Thing To Do' When Eating Out

A US TikToker sparked controversy by urging tourists to tip 20% when dining out, igniting a broader discussion on the differences in tipping culture between the US and other countries like the UK, where tipping is far less customary.

International Business Times UK

Apple Intelligence could one day have subscription or paywalled features, warns analyst

After previous speculation, one analyst has warned that Apple Intelligence could see a premium subscription that costs up to $20 per month.

iMore

JPMorgan CEO Jamie Dimon is done psychoanalyzing Jerome Powell and the Fed

"Every day 325 million Americans go to work, go to their jobs, take care of their families, take care of their kids, build out their house, change a job. And it could be affected by the Fed changing rates by 50 base points? I don't think so."

Fortune

Jamie Dimon confirms his hit-by-a-bus CEO pick for JPMorgan Chase

“Eventually, I have to leave—I know that,” said Dimon.

Fortune

Musk's pro-Trump PAC may have broke laws

Legal experts told Salon that the billionaire's pro-Trump America PAC may have broken state and federal statutes

Salon

Airline offers women the choice of not sitting next to men when they book seats

India's biggest domestic airline IndiGo has had a great reaction to its policy says CEO Pieter Elbers.

Fortune

Elon Musk's troubled Trump PAC is now being investigated by two swing states after appearing to scrape voters' data

The probe is the latest of the PAC’s troubles, with a major shakeup happening in late July.

Fortune

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The Independent UK

CNBC’s Jim Cramer faces backlash for telling viewers who care about their paycheck to ‘go with Trump’

‘Welp I’m voting Kamala now because this guy is always wrong,’ one X user wrote

Fortune

An emergency Fed rate cut of 75 basis point is needed now, Wharton’s Jeremy Siegel says

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

International Business Times

Fed Under Pressure To Cut Rates As Market Turmoil Continues

The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates swiftly and decisively, with some analysts now calling for it to make an emergency cut before its September rate decision.

Salon

Elon Musk PAC under investigation

Musk, who endorsed Trump, founded a PAC that is collecting voter data under the guise of registering them to vote

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Multichannel News

Deep Bagchee Joins CNBC As International President

Exec was chief product officer at ITV

International Business Times

Elon Musk PAC Under Investigation For Potential Violation Of Michigan Laws

A super PAC that Elon Musk said he "created" is now being investigated by Michigan over the PAC website's user information collection process that varies depending on a voter's residence.

iMore

Delta Airlines CEO slams Microsoft and CrowdStrike over global meltdown — “When was the last time you heard of a big outage at Apple?”

In an interview with CNBC, Delta Airlines CEO Ed Bastian questions when Apple last had an outage on the scale of CrowdStrike and Microsoft.

TechRadar

Microsoft employees are set for a tasty bonus following record profits

Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June.

The Independent UK

Delta CEO says airline is facing $500 million in costs from global tech outage last week

Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week

The Independent UK

Major phone companies could face lawsuits over sharing of stolen nude images

Lawyers say a recent court decision in Washington state could help customers hold carriers such as AT&T and T-Mobile responsible for phone store employees who capture their private data

Fortune

Billionaire CEO Jay Chaudhry made his employees into millionaires after selling his startup—'people were going crazy'

Now the CEO of Zscaler, Jay Chaudhry speaks of how his staff walked away with equity.

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