Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce (www.cnbc.com)
'It is urgent': European leaders appeal for greater support for Ukraine as Russia makes major gain (www.cnbc.com)
The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, defense policymakers heard at Munich Security Conference....
Demand for shipments from China via rail through Russia has 'skyrocketed' since the Red Sea attacks (www.cnbc.com)
China comes just shy of Japan as the world's largest car exporter (www.cnbc.com)
Japanese customs data showed the country exported 5.97 million vehicles last year, more than the 5.22 million vehicle exports that China customs data reported....
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....
Tech stocks just wrapped up one of their best years in past two decades after 2022 slump (www.cnbc.com)
Tech stocks just wrapped up one of their best years in past two decades after 2022 slump::The Nasdaq climbed 43% in 2023, one of the sharpest rally for the tech-heavy index in 20 years.
Moody's cut China's credit outlook to negative on rising debt risks (www.cnbc.com)
Ratings agency Moody’s downgraded its outlook on China’s government credit ratings to negative from stable, expecting Beijing’s support and possible bailouts for distressed local governments and state-owned enterprises to diminish China’s fiscal, economic and institutional strength....
Retirees face significantly higher Medicare Part D prescription drug premiums in 2024 (www.cnbc.com)
Gambino family Mafia crackdown: 16 arrests by New York feds and Italian authorities (www.cnbc.com)
Sixteen defendants were arrested in New York and Italy on charges related to Mafia activities, authorities said....
OpenAI's ChatGPT back online after 'major' outage (www.cnbc.com)
ChatGPT, OpenAI's viral chatbot was down and citing "high error rates" for the tool's more than 100 million weekly active users.
UAW expands strike to Stellantis pickup truck plant in Michigan (www.cnbc.com)
The United Auto Workers union is expanding its strike to a Stellantis plant in Michigan that produces Ram 1500 full-size pickup trucks, dealing another blow to the three major U.S. automakers as negotiations drag on....
IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged (www.cnbc.com)
The International Monetary Fund raised its U.S. growth projection for this year by 0.3 percentage points compared with its July update, to 2.1%....
Top China, U.S. officials hold Malta talks ahead of possible Xi-Biden meeting (www.cnbc.com)
The meeting convened after several high level officials visited Beijing in recent months and just before Wang’s meeting with Russian Foreign Minister Sergei Lavrov later this week....
Nearly five decades after the fall of Saigon, U.S. will help Vietnam boost its military capabilities (www.cnbc.com)
Nearly fifty years after the fall of Saigon, the United States agreed to help build up Vietnam’s defense capabilities, a tacit acknowledgement that China poses a greater geopolitical challenge today to both nations than they do to each other....
Chinese property developer Country Garden to be removed from Hang Seng Index on Sept. 4 (www.cnbc.com)
Moderna says new Covid vaccine was effective against Eris variant in early trial (www.cnbc.com)
Moderna’s new Covid vaccine generated a robust immune response against the now-dominant Eris variant and another rapidly spreading strain of the virus in an early clinical trial, the biotech company said Thursday.
Southeast Asia moves closer to economic unity with new regional payments system (www.cnbc.com)
Southeast Asia moves closer to economic unity with new regional payments system (www.cnbc.com)
These are America’s 10 best states to live and work in for 2023 (www.cnbc.com)
Meta's Threads has had its daily users down 20% since Saturday and user time spent on the platform is down 50% ~ CNBC (www.cnbc.com)
WHO says soda sweetener aspartame may cause cancer, but it's safe within limits (www.cnbc.com)
Other countries don't have an issue with 'tipflation.' Here's how much people tip around the world (www.cnbc.com)
Biggest U.S. ports union suspends labor talks, with East Coast, Gulf Coast strike risk rising (www.cnbc.com)
FTC prepares to sue largest U.S. alcohol distributor, alleging 'secret kickbacks' (www.cnbc.com)
cross-posted from: lemmy.world/post/16233662
China’s largest chipmaker SMIC is now the world’s third-largest foundry in terms of revenue in the first quarter, according to Counterpoint Research. (www.cnbc.com)
