The Latest Breaking News from CNBC

Trump Calls for Data Center to Give 'Dividends' to Communities as Backlash Threatens AI Expansion

"Data Centers that were highly unpopular in a certain area, have become extremely popular when a financial deal is struck," Trump said.

International Business Times · 33m ago

Wendy’s is hoping its new meal deal will boost customer traffic

The company’s US sales have fallen for six straight quarters

The Independent UK · 41m ago

SBI Cyberattack: What Customer Data Was Exposed?

Your bank account may remain safe, but what happens when personal details linked to it appear on the dark web? The State Bank of India (SBI) has reported the suspected exposure of 3,897 customer records containing personally identifiable information. The incident raises an important question: even if banking services continue…

MyLifeXP · 12h ago

SK hynix Sinks as AI Stocks Pullback Amid Rising Interest Rates. How to Play SKHY Here.

SK hynix has dropped 57% from its summer peak as Fed rate hike fears and AI debt worries hit chip stocks. Here is what the selloff means for investors now.

Barchart · Oct 16

At 19, Mike Satterlee turned a $500 3D printer into an $808K business

At 19, Mike Satterlee has already learned one of the more unpredictable rules of modern entrepreneurship: a single social media post can change the scale of a business almost overnight. What began with a $500 3D printer in his parents’ basement has grown into a New York operation running 160…

The Times of India · Oct 16

Tesla Unveiled its Awaited Roadster Developed With SpaceX. Their Stocks are Little Changed.

The car is equipped with SpaceX thrusters and performed a stunt in which it managed to stabilize itself when falling from a curved ramp.

International Business Times · Oct 16

Can a private company switch off a country’s battlefield communications? The Starlink-Ukraine crisis exposes a new vulnerability in modern warfare

Ukraine has depended on SpaceX's Starlink for military communications since Russia's invasion began in February 2022. Connectivity disruptions raised concerns about military operations and civilian protection during intensified Russian attacks. Officials reported that restrictions affected drone operations meant to intercept incoming threats effectively. The distinction between Starlink and Starshield has…

The Economic Times · Oct 15

‘American dream will continue to exist’: Warren Buffett’s successor is betting big on U.S. housing

Berkshire Hathaway CEO Greg Abel has made three big homebuilding moves since taking over from Buffett, even as he concedes there’s no “quick recovery” coming for the housing market.

Fortune · Oct 15

Chevron CEO warns oil buffers that cushioned the Iran war shock have been ‘drained’—and diesel relief may not come until 2027

Mike Wirth says commercial stockpiles, emergency reserves, and once-sanctioned barrels have all been tapped, leaving the global energy system more exposed just weeks before the midterms.

Fortune · Oct 15

Street Vendor Turns Concert Baklava Sales Into a $70,000-a-Month Business

In September 2021, Jacob Komarow impulsively bought 3 trays of baklava on his way to a Phish concert in California, intending to resell them to fellow fans. When a friend doubted he could sell all 3 trays, Komarow bet that he could. The experiment became the starting point for Good…

The Times of India · Oct 14