Climate protesters try to break into Tesla's Germany factory, multiple people arrested (www.cnbc.com)
Sam Altman takes nuclear energy company Oklo public to help power his AI ambitions (www.cnbc.com)
China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations (www.cnbc.com)
SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze (www.cnbc.com)
Naming names, it’s up to Texas Judge Mark T. Pittman.
Neuralink's first in-human brain implant has experienced a problem, company says (www.cnbc.com)
Google employees question execs over 'decline in morale' after blowout earnings (www.cnbc.com)
At an all-hands meeting last week, Google executives responded to employee questions about declining morale even with financial performance improving.
54% of young Americans say food costs are the biggest strain on their finances (www.cnbc.com)
54% of young Americans say food costs are the biggest strain on their finances (www.cnbc.com)
Google employees questioned leadership about cost cuts, layoffs and “morale” issues following the company’s better-than-expected first-quarter earnings report. (www.cnbc.com)
TikTok sues U.S. government, says ban violates First Amendment (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)
Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows (www.cnbc.com)
[Industry] Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid (www.cnbc.com)
cross-posted from: reddthat.com/post/18410459...
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9% (www.cnbc.com)
Trump Media auditor charged by SEC with 'massive fraud,' permanently barred from public company audits (www.cnbc.com)
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico (www.cnbc.com)
Google is laying off more employees and hiring for their roles outside of the U.S.
40-year-old delivers for DoorDash to help pay down her $100,000 student loan debt—on top of her full-time job (www.cnbc.com)
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race (www.cnbc.com)
How working for Big Tech lost 'dream job' status (www.cnbc.com)
China’s Xi says the U.S. needs to accept Beijing’s rise for bilateral relations to improve (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...
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...
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: report (www.cnbc.com)
FTC votes to ban noncompete clauses that bar employees from working for competitors (www.cnbc.com)
Most people on weight loss drugs are spending less on restaurants and takeout, survey says (www.cnbc.com)
