Microsoft confirms more job cuts on top of 10,000 layoffs announced in January
On top of the 10,000 layoffs Microsoft announced in January, the company is now slimming down its number of salespeople.
CNBC US News
DOJ won't defend Trump in Carroll rape defamation case anymore
The Department of Justice for years had tried to shield Donald Trump from being sued by writer E. Jean Carroll for defaming her over her sexual assault claim.
Microsoft-Activision deal moves closer as judge denies FTC injunction request
The U.S. government can now bring the judge's decision to the U.S. Court of Appeals for the 9th Circuit.
EU expands Wegovy, Ozempic probe over suicide risks to include other weight loss, diabetes drugs
The European Medicines Agency didn't specify which additional GLP-1 drugs are now being investigated, but it could potentially include Eli Lilly's Mounjaro.
Microsoft-Activision ruling highlights Lina Khan's struggles to fight tech
The FTC's challenge of the $68.7 billion deal between Microsoft and Activision has been one of its biggest swings under Chair Khan, but it faces a major hurdle.
With oil production in freefall, Alaska, America's worst state for business, chases a new carbon boom
More than any other state, Alaska is dependent on oil, and state revenue has been hit hard by a massive drop in crude production. Are carbon offsets its future?
In a first, Texas is no longer a Top State for Business in 2023
An economic powerhouse and talent magnet, Texas, a four-time winner of CNBC's annual Top State for Business, slips to a new low. Here's why.
Tesla settles class-action Solar Roof lawsuit for $6 million
Tesla has agreed to pay around $6 million to settle Solar Roof class-action lawsuit.
Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all
The analysis from Prime Therapeutics highlights the hefty price tag of Wegovy and other weight loss and diabetes medicines, which are also known as GLP-1s.
Grand jury that could soon decide on Trump charges is seated in Georgia
Fulton County DA Fani Willis launched the probe after Trump asked Georgia's secretary of state to "find" enough votes to overturn Biden's victory in the state.
Federal watchdog cracks down on Bank of America but 'junk fees' aren't going anywhere, expert says — it's a 'game of whack-a-mole'
Another bank is in hot water for so-called 'junk fees,' yet consumers are unlikely to get much relief, expert says.
Amazon launches first U.S. challenge to EU content rules and says it would be 'unfairly singled out'
Amazon said it shouldn't be subject to the Digital Services Act as the majority of its business is concentrated in online retail.
Boeing delivers 60 airplanes in June, racks up hundreds of new orders with Air India deal
Boeing is trying to ramp up production on some of its best-selling planes.
Astranis to bring satellite internet to 2 million people in the Philippines next year
Astranis has a unique approach to providing internet access, using small, low-cost satellites that operate in the geosynchronous orbit of traditional players.
White House unveils plan to eliminate threat of fentanyl laced with xylazine
The Biden administration declared the dangerous illegal drug cocktail an “emerging threat” in April for its role in fueling a wave of overdose deaths.
Anthropic — the $4.1 billion OpenAI rival — debuts new A.I. chatbot and opens it to public
Anthropic, founded two years ago by former OpenAI research executives, debuted its new AI chatbot called Claude 2, and invited the public to use it
With a world-class workforce and a booming economy, North Carolina repeats as America's Top State for Business in 2023
North Carolina is again America's Top State for Business, led by a strong economy and workforce, earning the rare repeat No. 1 finish in the annual rankings.
New Jersey is 2023's most-improved state for business, led by a strong economy and housing market
A strong economy, booming but affordable real estate, and improved debt ratings make New Jersey the most-improved state in 2023's Top States for Business.
GM positions new Chevy Trax, Buick Envista crossovers to fill an affordability gap
GM's new 2024 Buick Envista and redesigned 2024 Chevrolet Trax crossovers start at $23,495 and $20,400, respectively.
How Siemens and Alstom are preparing for a passenger rail boom in the U.S.
Railcar manufacturing revenue in the U.S., including for freight trains, is expected to reach $2.9 billion by 2028.
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