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The Latest Breaking News from CNBC

GameStop-eBay saga gets weirder: CEO says he was suspended from eBay for selling stuff on eBay 'to pay for eBay'

Maybe all of this really is just a very dumb, pointless stunt.

PC Gamer

eBay bans GameStop CEO's account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace

Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”

Fortune

EU Considers Restrictions On U.S. Cloud Providers For Sensitive Government Data

The European Union is weighing new restrictions on the use of U.S.-based cloud providers for sensitive government data as Brussels intensifies efforts to strengthen Europe's control over critical digital infrastructure.

International Business Times

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Top Shipping Company CEO Warns Iran War Keeps Raising Costs, Worsening Economic Outlook

The Iran war will continue to disrupt global trade, and its impact is only likely to get worse, the CEO of a major shipping company warned.

International Business Times

Vornado CEO Steven Roth 'shocked that our young mayor would pull this stunt' and says Zohran Mamdani should know better than target Ken Griffin

Vornado and Ken Griffin's Citadel are expected to build a $6 billion tower in New York, but Citadel's COO and Roth referenced it may not go through.

Fortune

U.S. Airlines Saw Jet Fuel Prices More Than Double In March As Iran War Raged

U.S. airlines saw jet fuel prices more than double in March as the war in Iran raged on, according to new data from the U.S. government.

International Business Times

ServiceNow just told Wall Street it's going to double again. Here's why $30 billion of revenue isn't crazy

The enterprise software company grew from $3.5 billion to nearly $16 billion in six years. Now it says $30 billion by 2030 is conservative.

Fortune

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Denmark presses pause on new data center grid connections as total requests hit 60 GW — Nordic nation is the latest to put the brakes on AI buildouts

Denmark's Energinet grid operator has pressed pause on new connection requests in the country as potential new data centers and other installations put total demands of up to 60 GW on its docket.

Tom’s Hardware

Microsoft ends Copilot AI on Xbox to help 'get the business back on track,' as new CEO simultaneously welcomes AI executives into the fold

Asha Sharma has appointed a number of her former fellows from Microsoft's CoreAI division to leadership positions at Xbox.

PC Gamer

New Xbox CEO replaces 24-year Microsoft employees with former CoreAI, Meta, Instacart execs to "evolve how we work"

Xbox continues to change

GamesRadar

The viral TikTok $1.75 bid to save Spirit Airlines is fighting the wrong villain

Spirit isn’t being scooped up by private equity, as 22-year-old Hunter Peterson behind "Let's buy Spirit" claims.

Fortune

FIFA Raises 2026 World Cup Prize Pool To Record $871 Million Amid Ticket Pricing Backlash

Financial incentives have risen sharply for teams participating in the FIFA World Cup as demand surges and off-field tensions shape the build-up to the tournament.

International Business Times

Warren Buffett Says 30-Year Mortgages Are The 'Best Instrument' — Why They Work In Homeowner's Favour

Warren Buffett advocates for the 30-year mortgage, highlighting its flexibility and risk management benefits, citing personal experience and historical trends.

International Business Times UK

GameStop CEO baffles CNBC anchors in bizarre interview

Asked where the money will come from for his proposed eBay acquisition, GameStop CEO Ryan Cohen claimed not to understand the question.

PC Gamer

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The Guardian - US

GameStop shares fall 10% after CEO skirts questions over eBay acquisition details

Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bid

International Business Times

Kevin Warsh's Stance On The Fed's Independence Draws Scrutiny Amid Nomination Push: Report

Kevin Warsh's views on Federal Reserve independence are drawing fresh scrutiny as he moves closer to becoming the next chair of the central bank, according to a new report.

International Business Times

GameStop Makes $56 Billion Bid For eBay, Signals Readiness For Shareholder Fight

GameStop has proposed acquiring eBay in a deal that would create a major online commerce group spanning retail stores and digital marketplaces, with CEO Ryan Cohen indicating he is prepared to take the bid directly to shareholders if necessary.

International Business Times UK

Florida Artist Turned $8 Postcards Into $18,300-A-Month Business Mailing 'Architecture' — Joins Gen Z Snail Mail Wave

Gen Z creators are capitalizing on the nostalgia of snail mail, earning significant profits through subscription services that offer unique, hand-crafted content.

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news in one place.

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Fortune

Warren Buffett says markets are like a church with a casino attached, but 'we've never had people in a more gambling mood than now'

"But that doesn't mean that investing is terrible. It does mean that prices for an awful lot of things will look very silly."

International Business Times

Bitcoin April Rally Fueled By Futures Trading As Spot Demand Weakens, Data Shows

CryptoQuant analysis and market data indicate leveraged derivatives activity drove Bitcoin's 12.7% monthly gain, while spot accumulation stayed negative amid geopolitical and macroeconomic pressures.

International Business Times

CEO Pay Rises 20 Times Faster Than Worker Wages In 2025, Oxfam-ITUC Report Says

Executive compensation rose sharply across major global firms in 2025 while worker wages remained largely flat, according to a new Oxfam and ITUC analysis released ahead of International Workers' Day.

International Business Times

Trump Removes Scotch Whisky Tariffs After King Charles State Visit To Washington

The U.S has lifted tariffs on Scotch whisky following a state visit by King Charles III and Queen Camilla, with President Donald Trump announcing the decision as a gesture tied to the visit.

International Business Times UK

Hershey's CEO Claims Ozempic Breath is Driving Massive Surge in Mint and Gum Sales Across the United States

Hershey's CEO attributes an 8% sales increase in Ice Breakers mints and gum to the side effects of GLP-1 weight-loss drugs, highlighting an unexpected revenue driver.

International Business Times

Iran Reportedly Gives U.S. Response To Document Seeking To End The War

Iran gave the U.S. its response to the latest version of the document seeking to end the war, according to a new report.

International Business Times UK

'This is How I Made My First $1 Million': Fox News Host Who Earns $10M A Year Reveals Her Mum's Money Tip

Fox Business host Maria Bartiromo, who earns $10M (£7.9M) a year, says her mother's childhood saving lessons laid the foundation for her $50M net worth.

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