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The Latest Breaking News from CNBC

Lyft, GrubHub Follow Uber, Boost Gig Driver Pay

Lyft Inc(NASDAQ:LYFT) admitted adding a temporary surcharge on its rides to help drivers deal with surging gas prices, CNBC reports. The Uber Technologies Inc(NYSE:UBER) competitor did not elaborate much on surcharge. Food-delivery marketplace GrubHub Inc (NASDAQ:GRUB) also boosted the pay for its gig drivers, Bloomberg reports. Related Content: Uber Adds Surcharge To Help Drivers Bear…

Benzinga

China's Fintech Specialist Sees Digital Yuan Challenging US Dollar

Richard Turrin sees China's nascent digital yuan challenging the U.S. dollar's dominance of international trade settlements in the next decade, CNBC reports. Turin admitted that the world's second-largest economy was currently ahead in all financial technology by a decade while the U.S. would take "easily another five years" to get out…

Benzinga

Google Scores Poorly On Pay, Promotion As Per Internal Survey: CNBC

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's internal survey disclosed an unhappy workforce regarding critical issues like pay package and an ability to accomplish career goals, CNBC reports. Contrastingly, Google's mission and values fetched the highest scores. CEO Sundar Pichai won a favorable rating of 86% with less-flattering responses to specific Pichai questions.…

Benzinga

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Tesla Has Been Buying Aluminum From Russian Supplier Founded By Sanctioned Oligarch Since 2020, Report Says

Tesla Inc (NASDAQ: TSLA) has supply-chain ties with Russia, CNBC reported on Monday, citing internal documents.

Benzinga

U.S. to keep up economic pressure on Russia -Treasury's Adeyemo

The United States will continue take actions to put pressure on Russia's economy and take away resources from Russian President Vladimir Putin's invasion of Ukraine, Deputy U.S. Treasury Secretary Wally Adeyemo told CNBC on Monday.

Reuters

Morning Brief: Top Stories Dominating Financial Media on Monday, March 14

CNBC

Benzinga

All The Stocks That Moved Friday From CNBC's 'Fast Money: Halftime Report'

CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors. The commentary often moves the stocks mentioned. The information is collected and refined using Benzinga Pro’s News Tool. Benzinga Pro users can access this information by using the News tool in any workstation.

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JPMorgan Downgrades Chevron, But This Investor Doesn't See Good Reason To Sell The 'Juggernaut'

Chevron Corp (NYSE: CVX) was featured as the call of the day Friday on CNBC's "Fast Money Halftime Report."

Benzinga

Rivian Q4 2021 Financial Results Considered "Unimpressive"

Rivian announced its financial results for the fourth quarter of 2021 and full year, but the report was considered "unimpressive" by CNBC's Phil LeBeau.

InsideEVs

Morning Brief: Top Stories Dominating Financial Media on Friday, March 11

CNBC

Benzinga

CNBC's Final Trades: Transocean, American Express, Amazon And This Regional Bank That Will Benefit From Rising Rates

On CNBC’s “Halftime Report Final Trades,” Pete Najarian said he expects Transocean LTD (NYSE: RIG) to “go higher.”

Benzinga

EU, UK Launches Antitrust Investigations On Google, Meta

EU and U.K. antitrust regulators launched parallel investigations into Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Facebook parent Meta Platforms Inc (NASDAQ:FB) over a 2018 ad deal, CNBC reports. The European Commission and the U.K.’s Competition and Markets Authority investigated whether the pact between the two tech giants dubbed “Jedi Blue” squeezed competitors out of…

Benzinga

CNBC's Final Trades: Sherwin-Williams, American Express, Merck, Energy And This Logistics Stock

On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors said Sherwin-Williams Co’s (NYSE: SHW) stock has lost 30% year-to-date and the company

Benzinga

Morning Brief: Top Stories Dominating Financial Media On Thursday, March 10th

CNBC

Benzinga

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$17B Worth NFTs Traded In 2021, More Players Could Join After Visa, Nike: CNBC

The trading in NFTs hit $17.6 billion in 2021, up 21,000% year-on-year, NFT data company Nonfungible.com reports.

Benzinga

Cyber Hackers Target Vodafone After Breaching Nvidia, Samsung

Vodafone Group PLC (NASDAQ:VOD) is investigating Lapsus$' claims of a data breach, CNBC reports. The group noted for breaching Samsung Electronics Co Ltd's (OTC:SSNLF) source codes of Galaxy-branded devices, threatened to leak Vodafone's source code. In February, the group also accepted responsibility for NVIDIA Corp's (NASDAQ:NVDA) data breach. On March 7, the group initiated a poll on the Telegram…

Benzinga

Tesla To Pay Ukrainian Employees Up To 3 Months Of Pay If Called To Defend Their Country: Report

Tesla Inc (NASDAQ: TSLA) will pay its Ukrainian employees at least three months of their salary if they are called to defend their country amid the ongoing war with Russia, CNBC rep

Benzinga

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

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Benzinga

CNBC's Final Trades: Kinder Morgan, PayPal Holdings, Meta Platforms And More

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said Grayscale Bitcoin Trust (OTC: GBTC) was trading at a 30% discount to Bitcoin.

Benzinga

Morning Brief: Top Stories Dominating Financial Media On Wednesday, March 9th

CNBC

Benzinga

Microsoft CFO Stressed On The Importance Of Windows: CNBC

Microsoft Corp (NASDAQ:MSFT) CFO highlighted the success of Windows, which held ~80% share of the market in 2021, compared to ~11% for Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google-backed Chrome OS, and 8% for Apple Inc's (NASDAQ:AAPL) MacOS, CNBC reports. Amy Hood emphasized that Windows still earned Microsoft tens of billions of dollars per year in highly profitable…

Benzinga

High Possibility Of Recession If Oil Prices Continue To Surge: CNBC

Analysts have cautioned that the U.S.

Benzinga

Want To DJ Your Own Live Radio Show? Amazon Launched An App For It

Amazon.com Inc (NASDAQ:AMZN) showcased Amp, a new app that lets users DJ their radio shows. Users can access a music catalog including “tens of millions” of songs from Universal Music Group NV (OTC: UMGNF), Sony Group Corp’s (NYSE:SONY) Sony Music Entertainment, Warner Music Group Corp (NASDAQ:WMG), and independent labels. Amp allows users to launch their live show, where callers can…

Benzinga

CNBC's Final Trades: Cash, ChargePoint Holdings, CVS Health And More

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners chose cash, saying “not buying anything here.” The US dollar index (DXY) has gained more than 3% year to date.

Benzinga

Why Best Buy Is Proving It's An Options Market Darling

On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that Best Buy Co Inc (NYSE: BBY) witnessed “very extraordinary activity” on Monday.

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