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The Latest Breaking News from CNBC

Microsoft Still a Buy Despite U.K. Downer

A day after Microsoft reported strong earnings, the company got bad news about its proposed acquisition of Activision Blizzard. Nevertheless, MSFT stock gained more than 7% on Wednesday despite the U.K. regulator blocking the transaction.

Barchart

Stocks Mixed as Microsoft Leads Tech Higher and First Republic Weighs on Banks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.96%. U.S. stock indexes this morning are mixed, with the...

Barchart

Who is Relativity Space and what do they do?

Relativity Space is a California-based startup company that has produced the world's first 3D-printed rocket, the Terran-1. We explore the company in more detail here.

Space

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Chinese EV Giant BYD Says Fully Autonomous Driving Is “Basically Impossible”

BYD, which is China’s largest electric vehicle seller, believes that fully autonomous driving is “basically impossible.”

InsideEVs

B+C Hall of Fame 2023: Ray Hopkins

President, U.S. Networks Distribution, Paramount Global

Multichannel News

Global rice shortage: Here's why rice could disappear from store shelves

We explain the global rice shortage - including why rice production has fallen and where will be worst affected by the lack of supply.

GoodToKnow

‘Cartel wives’ of Chicago’s twin cocaine kingpins plead guilty to stashing drug cash

Vivianna Lopez and Valerie Gaytan, wives of Pedro and Margarito Flores, admitted to involvement in a conspiracy to launder millions from their husbands’ drug trafficking business after the men were taken into federal custody.

Chicago Sun-Times

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DeSantis ready to fire back at Trump over Social Security, Medicare attacks

Donald Trump and his allies have already made a habit of going after Ron DeSantis over Social Security and Medicare.

McClatchy Washington Bureau

Google's foldable smartphone, the Pixel Fold, reportedly will go on sale this June

Device will likely be introduced at I/O developer conference on May 10.

Fortune

Fox News settlement turns Dominion into a private equity blockbuster

Staple Street Capital paid just $38 million to buy Dominion in 2018.

Axios

FDA Head Wants 'Better Regulation' of What Government Considers Misinformation

Officials who often get it wrong can’t be trusted to reliably decree what’s true.

Reason

The Pixel Fold is expected in June, but you might not like the price

Google's first folding phone is going to be the most expensive Pixel it's ever made

Google Pixel Fold could feature 'the most durable hinge on a foldable'

The Google Pixel Fold will reportedly have a strong hinge and a lengthy battery life, plus generous pre-order incentives when it goes on sale.

Tom’s Guide

The latest Pixel Fold leak details a real competitor to the Galaxy Z Fold 4

New Pixel Fold details reveal possible water resistance and tease and a very heavy but durable phone.

Android Central

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Fortune

Ryan Reynolds says ‘emotional investment’ is the key to his business success

The actor recently revealed he had invested in Canadian fintech firm Nuvei.

Fortune

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

USA Today Sports Media Group

Rockets owner Tilman Fertitta not advancing bid for NFL’s Commanders

Other bidders are reportedly offering near $6 billion for the NFL’s Washington Commanders, but #Rockets owner Tilman Fertitta says he isn’t willing to go to that number.

Fortune

Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’

Buffett blamed failed-bank executives for causing instability in the financial sector Wednesday, but said with regulators’ backing, “banks can go bust” and “depositors aren’t going to be hurt.”

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Fortune

Billionaire investor Barry Sternlicht says inflation is going to ‘drop hard’—just look at rents

Starwood Capital CEO Barry Sternlicht says that rents tell us inflation is about to plummet.

What Hi-Fi?

Paris-Roubaix live stream 2023: how to watch the cycling race for free

2023 Paris-Roubaix live stream: how to watch the biggest one-day race of the season for free on TV and online, no matter where you are in the world.

Zenger

Friday’s Jobs Data Likely To Shift Market Odds For Fed’s Next Interest Rate Decision

Key jobs data is due Friday and recent numbers suggest the labor market may be starting to roll over

Barchart

Here’s Why Endeavour Silver (EXK) Has Been a Top Performer in the Past Month

A strong earnings performance and a classic silver shortage provide a compelling boost for Endeavour Silver and EXK stock.

WEKU

Laid off on leave: Yes, it's legal and it's hitting some workers hard

The wave of layoffs in tech, media and elsewhere is affecting a sizable number of people who are out on medical or parental leave. While legal, it can make a bad situation even worse.

TechRadar

Google is slashing its employee benefits - even laptops and staplers

Instead of layoffs, Google is trying to save money elsewhere, but at the risk of worker satisfaction.

Salon

Starbucks fires worker who sparked union

The firing came just days after former CEO Howard Schultz appeared before a Senate committee to face questioning

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People

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