Why China poses a growing threat to the U.S. auto industry (www.cnbc.com)
Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. market....
The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected (www.cnbc.com)
Saudi Arabia opens its first-ever alcohol store — but it's only accessible to a select group (www.cnbc.com)
Saudi Arabia has opened its first alcohol store in the diplomatic quarter of its capital Riyadh, two sources told CNBC....
Netflix adds 13.1 million subscribers, tops revenue estimates (www.cnbc.com)
This is so strange to me. I guess people enjoy being ripped off and getting less and less value for their money.
Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry (www.cnbc.com)
Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry::Martin Shkreli served a criminal sentence for securities fraud related to a pharmaceuticals company he founded.
Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth' (www.cnbc.com)
More than 250 billionaires and millionaires on Wednesday reiterated their call on elected representatives of the world’s leading economies to introduce higher taxes on the very richest in society....
The Buy Now, Pay Later holiday debt hangover has arrived, as consumers wonder how they'll pay bills (www.cnbc.com)
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)
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)
Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years (www.cnbc.com)
Why Americans can't keep money in their pockets — even when they get a raise (www.cnbc.com)
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (www.cnbc.com)
Summary: Meta, led by CEO Mark Zuckerberg, is investing billions in Nvidia’s H100 graphics cards to build a massive compute infrastructure for AI research and projects. By end of 2024, Meta aims to have 350,000 of these GPUs, with total expenditures potentially reaching $9 billion. This move is part of Meta’s focus on...
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
OpenAI quietly removes ban on military use of its AI tools (www.cnbc.com)
OpenAI quietly removes ban on military use of its AI tools::OpenAI has quietly walked back a ban on the military use of ChatGPT and its other artificial intelligence tools.
Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules (www.cnbc.com)
Iowa Republican caucus sets new record for state political ad buys: $120 million (www.cnbc.com)
The battle to win the Republican Iowa caucus is the most expensive on record, with over $120 million spent on ads by the campaigns and their affiliated political action committees in the Hawkeye State, according to data provided to CNBC by AdImpact....
Why can’t today’s young adults leave the nest? Blame high housing costs (www.cnbc.com)
These days, housing affordability is a struggle for nearly everyone....
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year (www.cnbc.com)
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....
Amazon cuts hundreds of jobs in Prime Video and MGM Studios (www.cnbc.com)
Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.
Bosses want to work from home more than employees do, says new survey—but they're still pushing Return To Office requirements (www.cnbc.com)
Global economy set for its worst half decade of growth in 30 years, World Bank says (www.cnbc.com)
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank....
Defense Secretary Lloyd Austin treated for prostate cancer, developed severe infection, Pentagon reveals (www.cnbc.com)
Supreme Court rejects appeal by Elon Musk's X on disclosing federal surveillance (www.cnbc.com)
Supreme Court rejects appeal by Elon Musk’s X on disclosing federal surveillance::X, owned by Elon Musk, previously challenged a ban on disclosing warrant for the Twitter account of Donald Trump obtained by special counsel Jack Smith.
Unity Software to lay off 1,800 employees as part of a corporate restructuring (www.cnbc.com)
Unity Software to lay off 1,800 employees as part of a corporate restructuring::Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.
