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The Latest Breaking News from CNBC

Uber Reports Q2 Profitability, CEO Expects Continued Growth

Uber's Q2 results show first GAAP profit and highest free cash flow, CEO emphasizes potential as an everyday city utility.

Zenger

Uber CEO Explains Why He Doesn't See Lyft as a Threat

Uber's CEO shares his thoughts about his competitors as the company posts a second-quarter profit.

The Street

Heineken CEO says businesses need to ‘stand for your values’ in wake of rival Bud Light’s transgender row

The Heineken CEO said that in an increasingly polarized world, it was important for companies to be "thoughtful" and "balanced."

Fortune

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Amazon Launches AWS Generative AI Innovation Center With $100M Investment

Amazon invests $100M in its AWS Generative AI Innovation Center to accelerate AI development for customers

Zenger

Elon Musk’s Biographer Reveals Lack Of Empathy And ‘Demon Mode’

Walter Isaacson's upcoming biography sheds light on Musk's complex personality and fierce determination.

Zenger

Tesla CEO Elon Musk Had a Really Bad Week

Tesla is facing a host of new allegations and things took another turn at X, formerly known as Twitter.

The Street

Being the agreeable employee could be the secret to getting promoted

In the modern workplace, it’s cool to be kind.

Fortune

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Stock Market Rebound Drives U.S. IPO Market Recovery, Tech Sector Struggles

U.S. IPO Market Rebounds in 2023, Surpassing 2022 Levels as Tech IPOs Lag

Zenger

Smartphone shipments fell, but not as much as Samsung's profits

Samsung posts its Q2 earnings which display a decline in its profits throughout the quarter.

Android Central

Apple Maps is getting new competition from Big Tech

Apple Maps is in the firing line as Meta, Microsoft, and Amazon are teaming up to compete.

iMore

Tesla Faces Investigation Over FSD Vehicle Safety, False Advertising

The EV leaders are dealing with new questions over autopilot safety, among other things.

The Street

Fed Expected To Raise Rates, Inflation Remains Top Priority

Federal Reserve set to raise rates, reaching the highest level in over 20 years, as inflation remains a key concern.

Zenger

ESPN Chairman Jimmy Pitaro On TV and Streaming Future

Pitaro confirmed that ESPN is speaking with potential partners.

The Street

Margarito Flores, Chicago cocaine kingpin who helped bring down El Chapo, will teach cops how to catch drug traffickers

One of the notorious Flores twins is to lead a seminar at the Kane County sheriff’s office — “a rare chance for us to get into the mind of the people we are trying to find,” an official says.

Chicago Sun-Times

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Fortune

Wall Street's biggest bull says his inflation call was the main reason he's been proven right this year—but there’s also his faith in corporate America

In the land of the bears, Tom Lee is the bull that had a 2023 stampede. “Corporate resilience” should never be counted out, he told CNBC.

Zenger

Jim Cramer Slams AT&T And Seres Therapeutics, Recommends Schlumberger

Cramer criticizes AT&T and Seres Therapeutics, praises Schlumberger in Lightning Round on Mad Money.

Zenger

Margot Robbie Pays Off Mother’s Mortgage With Movie Earnings

The 'Barbie' star expresses gratitude by using her success to support her mother.

Zenger

Billionaire Mark Cuban Slams Meetings As Productivity Killers

The Dallas Mavericks owner emphasizes the negative impact of excessive meetings on work efficiency.

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Multichannel News

ESPN Fights for Its Future, Talking to NFL, NBA and MLB About Taking a Stake in the Network

Move to bring the leagues in as strategic partners comes as ESPN’s linear revenue growth has officially and finally come to a stop

Zenger

Jim Cramer Sees Positive Signs In Commodity Prices And China’s Economic Growth

Commodity prices rebound with 75% positive monthly returns, while China's downshifted growth may ease global inflation.

Fortune

Robert Shiller predicted the 2008 bursting housing bubble. Here's his latest housing market call

Shiller: "It has been growing since 2012, it has been about 10 years of steady growth in home prices. But it may be coming to an end"

The Street

ESPN Exploring Unique Partnership With NBA and NFL, New Report Says

There may be several conflicts of interest if the partnerships were to push through.

Zenger

Amazon Video Reviews Turn Into Lucrative Side Hustle For Influencer

Andreea Matei earns over $22,000 in 8 months from 1,000 videos reviewing Amazon products.

The Street

Becky Quick Has Sharp Answer for a Fan On Twitter

And she handled it with admirable patience.

iMore

iPhone sales boom puts India in Apple's top five countries

India is now the fifth biggest iPhone market of all.

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People

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