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The Latest Breaking News from CNBC

Toyota has an important warning for electric vehicle enthusiasts

Despite major investments in EVs, automakers have been sounding the alarm.

The Street

UAW Strike: Ford, Union Reach Tentative Labor Deal

Ford reached a tentative labor deal with the United Auto Workers Wednesday night. Ford stock rose, along with GM and Stellantis.

Investors Business Daily

42 Attorneys General Unite To Sue Meta Platforms Over Addictive Features Targeting Young Users

Meta faces legal challenges as attorneys general allege intentional design to retain young users

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Top analyst says Microsoft CEO is the most impactful tech exec since Steve Jobs

Microsoft and Google reported strong earnings beats after the bell Tuesday. The results have investors and analysts largely feeling pretty good.

The Street

Calling All Gamers: Turns Out Less Than 1% Of Netflix Subscribers Use This Little-Known Perk

Hello Kitty, is that you?

Pedestrian.tv

The booming business of F1 to be explored in CNBC documentary airing ahead of Las Vegas Grand Prix

Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world

The Independent UK

Cathie Wood's super bullish Tesla stance tested after latest earnings

Ark Invest predicted in April that Tesla would be trading at $2,000 per share by 2027.

The Street

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'Flight To Quality?' Bitcoin Price Eclipses $30,000 On ETF Momentum

Crypto prices, related stocks rallied early Friday on sustained hopes for a spot bitcoin ETF — positive news. Bitcoin price tests $30,000.

Investors Business Daily

Bank of America warned consumers they would be pushed to the 'point of pain', CEO Brian Moynihan says we've now reached that point

Brian Moynihan, the CEO of Bank of America, said although consumers are buying less, some families are beginning to spend more than they're bringing in.

Fortune

LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos

LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.

Fortune

Tragedy strikes Israeli and Palestinian tech workers

From murdered colleagues to bombed-out accelerators, this has been a painful month for tech in Israel and Gaza.

Fortune

Plug Power Struggles As Investor Frustration Grows

Shares of fuel-cell energy company languish despite promising potential, prompting concerns

Zenger

‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached

Daniel Yergin, vice chairman of S&P Global, says the Israel-Hamas war is a "geopolitical risk," but a crisis requires another shoe dropping.

Fortune

American consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart US CEO says

Bill Simon, who led the retail giant for four years, said there is one subtle sign that retailers are no longer offering ultra-competitive prices.

Fortune

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Zenger

Rivian Shares Plunge 23% On Debt Offering, Analysts Divided On Overreaction

Future Fund's Gary Black calls selloff 'way overdone', while CNBC's Jim Cramer expresses concerns

Zenger

Rivian CEO Scaringe Talks Competition And Strong Demand In EV Market

Rivian CEO Scaringe discusses rising competition in EV market and strong demand for their vehicles.

The Guardian - US

McCarthy says hard-right Republican campaign to oust him was ‘personal’ – as it happened

Former House speaker tells colleagues he will not go for the job again; Republican Patrick McHenry takes over as temporary speaker

The Street

Jim Cramer has some harsh words for Micron stock sellers

The stock is still down on Monday, but it is paring the steep losses it experienced after last week's earnings miss.

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Fortune

X CEO's chaotic interview wins the spotlight at Code Conference

X CEO Linda Yaccarino had a turbulent interview at the Code Conference owing to the unexpected addition of former Twitter executive Yoel Roth to the schedule.

The Independent UK

McCarthy rejects Senate spending bill while scrambling for a House plan that averts a shutdown

House Speaker Kevin McCarthy is digging in on his refusal to take up Senate legislation designed to keep the federal government fully running beyond midnight Saturday

Fortune

Byron Allen says he’s the best person to buy ABC from Disney because regulators would block Big Tech and private equity. ‘I’m the prettiest girl at the dance’

The founder and CEO of Allen Media Group has offered Disney $10 billion for ABC and other cable assets.

The Street

Jim Cramer is excited about an electric vehicle stock — and it's not Tesla

The CNBC host cites a positive note from a Wall Street analyst about the electric vehicle company.

Fortune

Chinese social media censored a top economist for his bearish predictions. He now warns that China's property crisis will take a decade to fix

Hong, now chief economist for a Shanghai-based hedge fund, thinks China would be lucky if the real estate sector halves in size.

The Street

There's a dirty secret behind H&M's sustainability efforts

A recent study shows the actual effectiveness of sustainability efforts of fashion brands.

The Street

Apple exec to testify on Googles behalf in DOJ antitrust case

Google will rely on its biggest rival's testimony as it defends its practice of paying hardware companies to keep Google as their default search option.

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