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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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Mortgage demand drops to 27-year low as interest rates pull back
After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage…
Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess
After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he…
EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Commission on Wednesday said it designated six tech giants as "gatekeepers" under its new Digital Markets Act —…
China’s biggest homebuilder just dodged default. It faces a rocky road ahead
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Russia-Ukraine war updates for September 5, 2023
Cuba uncovers human trafficking ring, coercing citizens to fight in warCuban officials have detected, and are now working to dismantle,…
Google VP shares the No. 1 thing she looks for in job interviews: ‘This is a critical trait’
As a vice president at Google Asia Pacific, Sapna Chadha is most excited about the region's "growth story." "Within Southeast Asia,…
There are just six bitcoin billionaires in the world, new crypto super-rich report says
Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.Antonio_diaz |…
Need to stay up gaming? Have some caffeinated Cup Noodles
For dedicated gamers across Asia, late-night sessions often mean chugging cans of Red Bull or snacking on fast food to…
Evergrande soars over 70% leading Chinese property stocks higher after Country Garden avoids default
Shares of Chinese property developer Evergrande jumped over 70% on Wednesday, leading gains on the Hang Seng Index.The real estate…
North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs
North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime's nuclear weapons programs, research shows.So far…
US Open champion can’t watch tennis because of Disney’s dispute with his hotel’s cable company
Tennis champion Daniil Medvedev is competing at the US Open, but there’s a problem: He can’t watch any of the…
Disney’s battle with Charter could pose an existential threat to the cable bundle
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest…
Apple, Google, Nvidia and other tech giants are considering buying Arm shares
Chip design firm Arm said in a Tuesday filing that Apple, Google parent Alphabet, Nvidia and other technology companies are…
Warner Bros. Discovery says actors and writers strikes will cost it up to $500 million this year
Warner Bros. Discovery trimmed its full-year earnings guidance for 2023 on Tuesday by $300 million to $500 million because of…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not "death to equities," BofA Securities' Savita Subramanian told CNBC's "Fast Money" on…
Goldman Sachs cuts US recession odds to 15% as economic optimism grows
Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was nearly impossible…
United delays all flights nationwide following ground stop due to ‘equipment outage’
United Airlines delayed more than 300 flights after the FAA lifted a brief ground stop that continued to disrupt the…
Pipeline operator Enbridge Inc will buy three natural gas utilities from Dominion Energy for $9.4 billion
Canadian pipeline operator Enbridge Inc. announced Tuesday that it plans to acquire three gas distribution companies from Dominion Energy. The…