Amazon says employees may not get promoted if they ignore return-to-office mandate (www.cnbc.com)
Amazon says employees may not get promoted if they ignore return-to-office mandate::Several months after requiring that staffers work out of physical offices at least three days a week, Amazon is making sure the rule is being followed
China gives Ehang the first industry approval for fully autonomous passenger-carrying air taxis (www.cnbc.com)
China gives Ehang the first industry approval for fully autonomous passenger-carrying air taxis::Ehang shares have nearly doubled in price this year, before trading was temporarily halted Monday pending a significant announcement.
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
Walmart-backed fintech 'One' introduces buy now, pay later as it prepares bigger push into lending (www.cnbc.com)
Feds charge Japanese Yakuza leader with nuclear materials trafficking (www.cnbc.com)
56 million Americans have been in credit card debt for at least a year. ‘We are seeing pockets of trouble,’ expert says (www.cnbc.com)
L.A. poultry firm hired kids as young as 14 to work with sharp knives, Labor Dept. says (www.cnbc.com)
U.N. chief calls for an end to $7 trillion in fossil fuel subsidies (www.cnbc.com)
Russian central bank jacks up interest rates to 12% at emergency meeting after ruble plunge (www.cnbc.com)
Russia’s central bank on Tuesday hiked interest rates by 350 basis points to 12% at an emergency meeting, as Moscow looks to halt a rapid depreciation of the country’s ruble currency....
Nvidia reveals new A.I. chip, says costs of running LLMs will ‘drop significantly’ (www.cnbc.com)
Nvidia reveals new A.I. chip, says costs of running LLMs will ‘drop significantly’::Currently, Nvidia dominates the market for AI chips, with over 80% market share, according to some estimates.
Warner Bros. Discovery hikes prices for Max streaming service, 12 days before the debut of season two of HBO's "House of the Dragon" (www.cnbc.com)
Twitch terminates all members of its Safety Advisory Council (www.cnbc.com)
Twitch on Friday will end the contracts for all members of its Safety Advisory Council, a resource made up of industry experts, streamers and moderators, who consulted on trust and safety issues....
Amazon’s Prime Air delivery drones can fly even farther after FAA approval (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)
Reddit power users balk at chance to participate in IPO as Wall Street debut nears (www.cnbc.com)
Zoom is cutting about 150 jobs, or close to 2% of its workforce (www.cnbc.com)
Zoom is cutting about 150 jobs, or close to 2% of its workforce::Zoom on Thursday confirmed that it’s cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
Target blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby (www.cnbc.com)
Biden administration unveils first 10 drugs subject to Medicare price negotiations (www.cnbc.com)
The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans....
OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow in its early years (www.cnbc.com)
The reproduced messages follow a starkly different point of view Musk represented last week, when he sued OpenAI, CEO Sam Altman and President Greg Brockman, alleging breach of contract and unfair competition.
New quality glitch to delay some Boeing 737 Max deliveries (www.cnbc.com)
Boeing Co said on Sunday it will have to do more work on about 50 undelivered 737 Max airplanes, potentially delaying near-term deliveries, after its supplier Spirit AeroSystems discovered two mis-drilled holes on some fuselages....
The world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years, report finds (www.cnbc.com)
Unaffordable rents are linked to premature death, Princeton study finds (www.cnbc.com)
Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in the journal Social Science & Medicine....
80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’ (www.cnbc.com)
Many company executives now regret their initial return-to-office plans, as 80% say they would have approached it differently if they understood employee preferences. While some firms are requiring more in-office time, citing collaboration needs, others are scaling back requirements due to retention issues. Successful companies...
With eyes on Taiwan, new China ban shows the U.S. may be learning lessons from mistakes with Russia (www.cnbc.com)
U.S. moves to de-risk from China with a new investment ban suggest that Western allies may be learning from national security failings in Russia, according to analysts.