Ripple CEO says SEC has lost sight of mission to protect investors (www.cnbc.com)
Ripple CEO says SEC has lost sight of mission to protect investors::Ripple CEO Brad Garlinghouse said he hopes the U.S. will move beyond crypto regulation by litigation to a point where federal laws are introduced by Congress.
India's toxic smog season shuts down schools, revives 'odd-even' vehicle limits (www.cnbc.com)
A dense cloud of smog has enveloped the Indian city of Delhi and surrounding areas, sending the air quality index to hazardous highs, making it difficult for residents to breathe and disrupting public life....
Customers grapple with deposit delays at big banks (www.cnbc.com)
Toyota hikes wage of U.S. factory workers after UAW labor deals (www.cnbc.com)
Toyota Motor said on Wednesday it is raising the wages of nonunion U.S. factory workers just days after the United Auto Workers union won major pay and benefit hikes from the Detroit Three automakers....
Iran-backed Hezbollah joining Israel-Hamas conflict would be a ‘game changer,’ Middle East expert says (www.cnbc.com)
Hezbollah operates as both a political party and paramilitary group and is designated by the U.S. as a terrorist organization....
Amazon customers report false email confirmations for gift cards they did not buy (www.cnbc.com)
Amazon customers report false email confirmations for gift cards they did not buy::Amazon customer service representatives have been receiving a host of inquiries from worried and confused customers.
Vietnam Air, Boeing near $10 billion deal for 50 737 Max planes, Bloomberg reports (www.cnbc.com)
Vietnam Airlines will sign an initial agreement to buy about 50 Boeing 737 Max jets in a deal valued at $10 billion, Bloomberg News reported on Sunday, citing people familiar with the matter....
CVS pushes into making cheaper versions of complex drugs with new discount Humira (www.cnbc.com)
CVS Health is partnering with drugmaker Sandoz to produce a near identical version of the blockbuster arthritis treatment Humira....
Google execs admit users are 'not quite happy' with search experience after Reddit blackouts (www.cnbc.com)
Google executives acknowledged this month they need to do a better job surfacing user-generated content after the recent Reddit blackouts.
Paramount and Skydance agree to merge, ending Redstone era (www.cnbc.com)
Skydance founder David Ellison (son of Oracle founder Larry Ellison) will lead the combined company as CEO, while (RedBird’s Jeff Shell, the former NBCUniversal CEO) will serve as president.
Apple stops offering buy now, pay later loans in U.S. (www.cnbc.com)
Young job seekers are finding it tougher to find employment, despite a bustling labor market: 'It was brutal' (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...
Trump gripes he can't reject 'unlimited' jurors in New York hush money trial (www.cnbc.com)
A crucial report Wednesday is expected to show little progress against inflation (www.cnbc.com)
Super Micro Computer, one of the hottest AI plays alongside Nvidia, tanks 10% on share offering (www.cnbc.com)
Reddit is a ‘smaller, more volatile’ Twitter, says Big Technology’s Alex Kantrowitz (www.cnbc.com)
Reddit is a ‘smaller, more volatile’ Twitter, says Big Technology’s Alex Kantrowitz::Alex Kantrowitz, Big Technology founder, joins ‘Squawk Box’ to discuss Reddit’s decision to go public, the company’s journey to IPO, Sam Altman’s stake in the company, and more.
Nikola founder to be sentenced for federal fraud charges (www.cnbc.com)
Nikola founder to be sentenced for federal fraud charges::Nikola founder Trevor Milton was found guilty in October 2022 on two counts of wire fraud and one count of securities fraud.
Temu, the Chinese e-commerce platform, is drawing shoppers from U.S. dollar stores, data shows (www.cnbc.com)
Germany slides deeper into budget crisis. Here's what you need to know (www.cnbc.com)
Germany’s budget is in trouble....
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020 (www.cnbc.com)
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation surge may have passed,” CNBC reports.
Rising pay transparency is causing an employer compensation information ‘arms race’ (www.cnbc.com)
Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them — Car company may have violated securities law and flouted accounting standards (www.cnbc.com)
Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them — Car company may have violated securities law and flouted accounting standards::Two whistleblowers’ complaint to the SEC about Tesla alleged that Elon Musk’s automaker may have run afoul of securities laws and flouted...
GM, Ford furlough another 500 workers due to UAW strike (www.cnbc.com)
General Motors and Ford Motor on Monday said they are indefinitely laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day....