Tech group urges Biden administration to keep child care requirement for chips funding
Some Republicans and companies have criticized the conditions on the CHIPS Act funds.
CNBC US News
The Federal Reserve is expected to hike rates one more time. What that means for you
This could mark the 10th time the Fed has raised its benchmark interest rate over the past year or so. Here's what that means to your wallet.
Bipartisan attorneys general call on Medicare to cover Alzheimer's treatments
Attorneys general from 23 states, the District of Columbia, and two U.S. territories called on Medicare to cover Alzheimer's treatments without restrictions.
American Airlines pilots vote for potential strike while airline says negotiations are progressing
American Airlines says the end of contract negotiations is "in sight."
Charlie Munger says the U.S. commercial property market is in trouble: FT report
Charlie Munger believes there is trouble ahead for the U.S. commercial property market.
Alzheimer’s patients may wait years to get treated with new drugs, putting them at risk of more severe disease
Patients could face wait times ranging from 18 months to four years or more to get diagnosed and then treated for Alzheimer's disease.
FAA launches faster, high-altitude flight routes to avoid congestion along the East Coast
The FAA estimated that the new routes would reduce about 6,000 minutes of travel time a year.
Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic
U.S. regulators have asked banks for their best and final offers for First Republic by Sunday afternoon.
Why GM is killing the Chevy Bolt — America's cheapest EV — amid record sales
To reach stated EV goals, GM needs the production capacity, profits and market positioning of its next-generation EVs. It doesn't believe it needs the Bolt.
Top cloud providers Amazon, Microsoft and Google face ongoing spending cuts by clients
Earnings reports from the leading cloud infrastructure companies showed that businesses continue to look for ways to trim their spending.
SpaceX to spend about $2 billion on Starship this year, as Elon Musk pushes to reach orbit
Elon Musk expects SpaceX to spend about $2 billion on its Starship rocket development this year, the CEO said on Saturday.
Jack Dorsey criticizes Elon Musk’s leadership at Twitter: ‘It all went south’
Twitter's former CEO Jack Dorsey openly criticized Elon Musk's leadership of the company in a series of social media posts.
Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking
Olipop's rise coincides with declining soda consumption in the U.S. and rising interest in "gut health."
Google Cloud boss Kurian's rocky path to profit: 'We were not in a very good situation'
Under Thomas Kurian, Google's cloud unit has focused on adding big clients and improving data center efficiency
What’s next for SpaceX’s Starship after a dramatic first launch
Elon Musk's SpaceX launched its fully stacked Starship for the first time a little over a week ago.
Amazon's 16% cloud revenue growth impresses even as margin narrows
Amazon Web Services revenue has now slowed for five quarters in a row. Current trends suggest that another drop in growth is coming as customers optimize spend.
California bans the sale of new diesel trucks by 2036
The new mandate is estimated to deliver $26.5 billion in public health benefits in California in avoided health impacts and deaths due to diesel pollution.
Carl Icahn calls Illumina Q1 results ‘very disappointing,’ slams cost-cutting plan
Activist investor Carl Icahn accused Illumina CEO Francis deSouza of trying to downplay the company's "decidedly mediocre" Q1 2023 results this week.
Fed report on SVB collapse faults bank's managers — and central bank regulators
The Fed blamed failures on mismanagement and supervisory missteps, compounded by a dose of social media frenzy.
Intel reports largest quarterly loss in company history
The loss per share was slightly better than soft Wall Street expectations.
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