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Headlines : Cnbc News | Page 1 |
Embattled Burberry to cut 1,700 jobs amid turnaround - 14/05 3:38 pm Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury house. |
Sony shares rise in choppy trade as PlayStation maker announces $1.7 .. - 14/05 3:13 pm Sony shares rose over 3.5% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates. |
CNBC Daily Open: U.S. April inflation assuages fears over tariff-related .. - 14/05 3:04 pm The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear. |
The wealthy can't find enough people to manage their money. Here's why - 14/05 2:03 pm The talent crunch is not just owed to a lack of qualified candidates it's also selectivity on the part of family offices. |
The UK wants to crack down on foreign workers. Businesses worry Brits .. - 14/05 1:51 pm British businesses are warning the U.K. government that plans to tighten immigration rules on foreign workers will lead to labor shortages. |
Samsung Electronics to acquire heating and cooling solutions provider .. - 14/05 11:16 am Samsung Electronics on Wednesday said it would acquire German-based FlktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros. |
More than half of the summer's top trending travel destinations are in Asia - 14/05 8:55 am Tokyo, Osaka, Paris and Shanghai lead the world for growth in summer travel bookings, according to a report published Monday by Mastercard Economics Institute. |
Stock and crypto trading site eToro prices IPO at $52 per share ahead of .. - 14/05 7:44 am Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion |
Fintech company Chime files for Nasdaq IPO - 14/05 6:26 am An initial public offering from Chime could help to attract more companies to public markets. |
Trump says U.S. will remove all sanctions on Syria - 14/05 6:23 am Syria has been designated a state sponsor of terrorism by the U.S. government since 1979. |
Airbnb launches redesigned app, new services business - 14/05 6:01 am Airbnb launched a redesigned app to showcase the company's push to let travelers book services, like catering and personal training, at their home rentals. |
Coinbase jumps 24% on S&P 500 inclusion, biggest gain since post-election .. - 14/05 4:07 am Coinbase had its best day since just after last year's presidential election, as investors bought shares ahead of the company's inclusion in the S&P; 500\. |
Microsoft laying off about 6,000 people, or 3% of its workforce - 14/05 4:03 am It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023. |
Annual inflation rate hit 2.3% in April, less than expected and lowest .. - 14/05 3:57 am The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate. |
YouTube will stream NFL Week 1 game in Brazil for free - 14/05 2:54 am The NFL's Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever. |
Photos: Tech CEOs mingle with Trump and Saudi Crown Prince at investment .. - 14/05 1:42 am President Donald Trump met with Saudi Crown Prince Mohammed bin Salman as several deals were announced between the two countries. |
Nvidia sending 18,000 of its top AI chips to Saudi Arabia - 14/05 12:30 am Nvidia CEO Jensen Huang said the cutting-edge Blackwell chips will be used in a 500 megawatt data center in Saudi Arabia. |
Trump tariffs face major legal hurdle as federal trade court hears .. - 13/05 11:20 pm Trump has long praised tariffs as a key tool for negotiating with other countries and collecting federal revenue. |
OpenAI's shakeup plan gets SoftBank's nod all eyes now on Microsoft - 13/05 10:59 pm The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected. |
U.S.-China trade war pushed global supply chain near breaking point, new .. - 13/05 10:23 pm Global supply chain and manufacturing anxiety was near a breaking point, new data indicates, ahead of the U.S.-China trade war de-escalation. |
German reinsurers took a $1.9 billion profit hit from LA wildfires in .. - 13/05 8:17 pm The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the worlds biggest reinsurers. |
Shein and Temu find temporary reprieve as U.S. relaxes tariffs - 13/05 8:12 pm The recent tariff cut has offered a window of opportunity for them to ramp up shipments from China and restock their warehouses and fulfill existing orders. |
EU prepares new sanctions targeting Russia's shadow fleet despite proposed .. - 13/05 8:09 pm The EU is preparing new sanctions on Russia despite a potential meeting between Vladimir Putin and Volodymyr Zelenskyy on Thursday, three sources told CNBC. |
'The Germans are back:' Business leaders tell government it's time to .. - 13/05 7:56 pm At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality. |
India's inflation rate slows to 3.16% in April, marking six straight .. - 13/05 6:44 pm India's headline inflation eased to 3.16% in April, the sixth consecutive month of decline. |
SoftBank Vision Funds swing to annual loss as investment gains slow by 40% - 13/05 4:17 pm Softbank's Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm. |
Honda Motor reports 76% plunge in operating profit in huge earnings miss - 13/05 4:01 pm Revenue for the full financial year rose 6.2%, but operating profit fell 12.2% and missed expectations. |
U.S.-China tariff reprieve is enough to get products on the shelves in .. - 13/05 12:51 am Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation. |
Samsung launches thin S25 Edge as Apple reportedly prepares the iPhone .. - 13/05 8:00 am Samsung launched the Galaxy S25 Edge, a device that is just 5.8 millimeters thin and weighs 163 grams. The device starts at $1,099. |
Bessent sees tariff agreement as progress in 'strategic' decoupling with .. - 13/05 2:25 am The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said. |
Opt out or get scraped: UKs AI copyright shake-up has Elton John, Dua Lipa .. - 12/05 10:16 pm Celebrity musicians are urging the U.K. to rethink controversial plans to reform copyright laws that allow AI developers access to rights-protected content. |
Millennial entrepreneur raised $2 million for a money-saving app for .. - 12/05 2:06 pm Nina Mohanty, a 32-year-old fintech entrepreneur, says Bloom Money is a "fight for a more diverse formal financial system." |
Cargo thieves are attacking the U.S. supply chain at alarming rates - 9/05 11:47 pm Numerous experts who spoke to CNBC estimate losses from cargo theft are close to $1 billion or more a year. |
Robert Prevost is first American pope: Leo XIV - 9/05 6:09 am Robert Francis Prevost, Pope Leo XIV, succeeds Pope Francis. Leo spent much of his ministry in Peru and was elected a Roman Catholic cardinal only in 2023. |
I took a 2-day 'vibe coding' class and successfully built a product. Here .. - 8/05 11:11 am As a seriously non-technical person, I challenged myself to a two-day AI coding boot camp that promised I'd be able to build a fully functional app in 48 hours. |
Trump administration to announce U.S. will call Persian Gulf the Arabian .. - 8/05 12:56 am The name of the body of water has long been a point of contention for many Arab countries. |
Why Indian markets are undeterred by strikes against Pakistan - 7/05 10:58 pm There could be some knee-jerk market reaction, but investors are hopeful for a swift de-escalation that could limit the fallout, experts said. |
Disney announces an Abu Dhabi theme park and resort - 7/05 10:02 pm The Abu Dhabi park will be Disney's seventh theme park resort and it will be fully developed and built by partner Miral. |
Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI .. - 7/05 1:52 pm Seagate has been touting itself as more of an AI player in recent years amid the rise of foundational models like those being developed by OpenAI. |
58 crypto wallets have made millions on Trump's meme coin. 764,000 have .. - 7/05 5:16 am Interest in the $TRUMP meme coin spiked more than 50% after the project's website promised the top 220 holders a seat at a dinner with the president. |
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