China had almost 2 million excess deaths after the end of ‘zero-Covid,’ U.S. study finds (www.cnbc.com)
Dow jumps 300 points to record as Trump survives assassination attempt (www.cnbc.com)
Elon Musk's X deceives users and breaches online content rules, EU says (www.cnbc.com)
Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows (www.cnbc.com)
The new class war: A wealth gap between millennials (www.cnbc.com)
There may be another factor creating so much wealth among millennials: inheritances. In what’s known as “the great wealth transfer,” baby boomers are expected to pass down between $70 trillion and $90 trillion in wealth over the next 20 years. Much of that is expected to go to their millennial children. High-net-worth...
Ship hijacked off Oman appears to change course toward Iran waters (www.cnbc.com)
An oil tanker was boarded by armed individuals near the Gulf of Oman on Thursday and appeared to change course toward Iranian waters, according to the U.K. Marine Trade Operations....
Okta hackers stole data on all customer support users, company says (www.cnbc.com)
Okta hackers stole data on all customer support users, company says::The hack was worse than initially believed, with every client having some data stolen in the breach, the cybersecurity company warned.
Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers (www.cnbc.com)
Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise (www.cnbc.com)
Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers move to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs....
Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens (www.cnbc.com)
Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens::San Francisco is seeing its highest office vacancy rate since at least 2007 as Dropbox and other companies allow employees to work from home
Turkey's central bank hikes interest rate to 30% (www.cnbc.com)
IEA says coal use hit an all-time high last year — and global demand will persist near record levels (www.cnbc.com)
Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000 (www.cnbc.com)
The cheapest version of the Lightning will now start at about $50,000, a roughly $10,000 cut.
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race (www.cnbc.com)
China’s Xi says the U.S. needs to accept Beijing’s rise for bilateral relations to improve (www.cnbc.com)
Meet the private doctor to the wealthy — at $40,000 a year, due to growing demand from an aging class of billionaires and millionaires (www.cnbc.com)
Russia's Putin signs decree on spring military conscription (www.cnbc.com)
KEY POINTS...
Adobe launches AI assistant that can search and summarize PDFs (www.cnbc.com)
U.S. renters are taking corporate landlords to court for collusion (www.cnbc.com)
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature (www.cnbc.com)
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature::Apple will be able to continue importing and selling Apple Watches as it battles with Masimo in court
There were nearly 400 strikes in 2023, and experts think there's more to come: 'Nothing succeeds like success' (www.cnbc.com)
How America racked up a record $1 trillion credit card bill (www.cnbc.com)
Barbie who? Gen Alpha kids 'obsessed' with skin care could fuel holiday spending (www.cnbc.com)
Investor Byron Wien of Blackstone dies at 90 (www.cnbc.com)
China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis (www.cnbc.com)
