Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company (www.cnbc.com)
Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company::The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales
The majority of Americans are not engaged at work, 70% of managers have no training to lead a hybrid team and it could be killing employee engagement (www.cnbc.com)
Jeff Bezos urged Amazon to flood search results with junk ads, FTC alleges (www.cnbc.com)
Amazon's ads strategy helped pump its profits while steering shoppers to higher-priced goods, the agency alleges.
More companies, especially airlines, warn higher costs will eat into profits (www.cnbc.com)
Trump bid to delay $250 million New York fraud trial is 'completely without merit,' judge says (www.cnbc.com)
A New York judge rejected Donald Trump’s request to delay his civil fraud trial....
Does Elon Musk (or CEO Linda) know about FedNow? (www.cnbc.com)
The Federal Reserve has already launched a small test of near-instantaneous financial transactions. Every time they talk about payments as a future feature of X/Twitter, I wonder if they know that’s getting Sherlocked.
Russia struggles to respond to Ukraine's incursion as advancing forces destroy key bridges and war potential (www.cnbc.com)
Ukrainian forces say they’ve blown up a second strategically-significant bridge in the Kursk region of Russia as Kyiv continues its incursion....
Paramount and Skydance agree to terms of a merger deal (www.cnbc.com)
Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help, the 401Kids Savings Act (www.cnbc.com)
House passes bill that could lead to a TikTok ban; fight shifts to the Senate (www.cnbc.com)
Cellular outage in U.S. hits AT&T, T Mobile and Verizon users, Downdetector shows (www.cnbc.com)
Cellular outage in U.S. hits AT&T, T Mobile and Verizon users, Downdetector shows::undefined
Disney to take $1.5 billion stake in Epic Games, work with Fortnite maker on new content (www.cnbc.com)
Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon (www.cnbc.com)
The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing....
FCC votes to ban termination fees for cable and satellite services (www.cnbc.com)
FCC votes to ban termination fees for cable and satellite services::FCC Chairwoman Jessica Rosenworcel cast the deciding vote to ban cable and satellite companies from issuing early termination fees.
Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations (www.cnbc.com)
Hollywood studios, writers near agreement to end strike, hope to finalize deal Thursday, sources say (www.cnbc.com)
Brazil supreme court unfreezes assets of Elon Musk's Starlink, X after taking fines (www.cnbc.com)
Brazil’s supreme court said Friday that it ordered funds to be moved from Starlink and X bank accounts to pay fines levied against Elon Musk’s social media venture....
Shein sues Temu over copyright infringement, trade secret theft (www.cnbc.com)
80% of Americans say grocery costs have notably increased since the pandemic started, survey finds (www.cnbc.com)
More students are dropping out of college, money is a main concern (www.cnbc.com)
U.S. investigating Meta for role in illicit drug sales, WSJ reports (www.cnbc.com)
U.S. prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale of drugs, the Wall Street Journal reported on Saturday, citing documents and people familiar with the matter....
IRS targets wealthy ‘non-filers’ with new wave of compliance letters (www.cnbc.com)
The IRS on Thursday unveiled plans to target wealthy “non-filers” with a new round of compliance letters....