'Minions: The Rise of Gru' tops $108 million as parents flock back to cinemas, kids in tow
"Minions: The Rise of Gru" generated more than $108 million in ticket sales during its domestic opening weekend.
CNBC US News
It's possible the Jan. 6 committee refers a criminal case against Trump, Liz Cheney says
Cheney added that the GOP couldn't "survive" a Trump nomination in the 2024 presidential election.
American Airlines scheduling glitch allows pilots to drop thousands of July flights
American said it was aware of a scheduling glitch that allowed pilots to drop thousands of July flights.
More than 12,000 flights delayed, hundreds canceled during busy July Fourth weekend
Airlines have delayed and cancelled flights at a higher rate this year than before the pandemic.
American Airlines offers pilots nearly 17% raises in new contract proposal
American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract.
Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
Interior's oil-drilling proposal could allow 11 lease sales over the next five years, but includes an option for the administration to conduct no sales.
Chinese company's purchase of North Dakota farmland raises national security concerns in Washington
The purchase of 300 acres of bucolic farmland in North Dakota is raising national security concerns over the buyer: Chinese food ingredient maker Fufeng Group.
Self-driving cars from GM's Cruise block San Francisco intersection in latest problem for autonomous vehicles
At least seven Cruise vehicles blocked traffic by clustering an intersection starting late Tuesday night, blocking traffic.
10-year Treasury yield falls to lowest level since May
U.S. Treasury yields fell Friday as recession fears and disappointing economic data left investors looking for safety.
TikTok tells U.S. lawmakers it's working to stop user data from being accessible to Chinese employees
In a letter to senators on Thursday, TikTok acknowledged that its non-U.S. employees had access to data of U.S. users
Biden, meeting with governors, says U.S. will protect women seeking abortions across state lines
President Joe Biden met with Democratic governors including New York's Kathy Hochul and Illinois' J.B. Pritzker to discuss abortion access.
How inflation will affect Apple
The last time Apple faced an inflationary environment like this, it had been a public company for less than a year, and its top product was the Apple II.
Panera Bread terminates SPAC deal with Danny Meyer's investment group
Danny Meyer's SPAC and Panera Bread have called off their investment deal, citing market conditions.
Activist investor group asks SEC to investigate Tesla over plan to shrink board
SOC Investment Group alleges Tesla's board isn't independent enough and favors Elon Musk's personal interests over shareholders'.
Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession
A Federal Reserve tracker of economic growth is pointing to an increased chance that the U.S. economy has entered a recession.
Biden names Apple co-founder Steve Jobs as recipient of posthumous Medal of Freedom
The late Apple co-founder Steve Jobs was among 17 people President Joe Biden announced as winners of the Presidential Medal of Freedom on Friday.
WHO says monkeypox cases triple in Europe in two weeks, urgent action needed to contain spread
"Urgent and coordinated action is imperative if we are to turn a corner in the race to reverse the ongoing spread of this disease," said the head of WHO Europe.
GM’s quarterly sales fall but show improvement from beginning of year
The company's U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues.
How mass shootings in Uvalde and Buffalo spurred push for first federal gun legislation in decades
Amid the recent shootings, new national legislation and Supreme Court rulings, the future of guns in the U.S. could be headed in a new direction.
Micron warns weakening consumer demand will hurt smartphone sales
"If you were to translate it into units, it amounts to 130 million units reduction versus expectation earlier in the year for smartphone."
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