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The Latest Breaking News from CNBC

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

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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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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

The Guardian - US

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

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.

International Business Times UK

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."

Fortune

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

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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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news in one place.

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International Business Times

Oil Shock From Iran Conflict Pushes Global Economy Toward Stagflation Risk: Analysis

A sustained energy supply shock is reshaping global economic expectations, with analysts warning that inflationary pressure and slowing growth are increasingly moving in tandem across major economies.

International Business Times

Meta Stock Slides As JPMorgan Downgrade Highlights Mounting AI Spending Risks

Meta Platforms is facing fresh skepticism on Wall Street after a major downgrade flagged concerns over the company's ability to generate meaningful returns from its escalating artificial intelligence investments.

International Business Times UK

California Couple Sold Burritos Outside Home Depot — Now They Make $2.3M A Year

Lydia Holmes and John Clarke launched LJ's Lil' Cafe from a shed at a Home Depot in 2021. Their two restaurants pulled in $2.3M in sales in 2025.

The Independent UK

Labubu boo-boo? US sales plunge for toy maker as it struggles to diversify beyond popular plushie

Pop Mart went viral for its creepy and cute monster plushies but it remains to be seen whether it can hold on to its fan base

TechRadar

‘You don’t cook a Thanksgiving turkey in the microwave’: Pentagon confirms Department of Defense will use Google Gemini for ‘classified projects’ – US military to expand AI vendors as ‘overreliance on one vendor is never a good thing’

Google's Gemini joins OpenAI's ChatGPT as AI models being leveraged by the Department of Defense for warfighting capabilities.

International Business Times

EU Flags Meta For Failing To Enforce Age Limits On Facebook, Instagram

Meta has been charged by European regulators for failing to prevent children under 13 from accessing Facebook and Instagram.

International Business Times UK

Jim Cramer Warns 'Parabolic' Chip Rally Signals Dot-Com Risks — How To Protect Your Portfolio

Jim Cramer said the semiconductor index's record 18-session winning streak and 47% surge are 'worrisome,' drawing parallels to February 2000.

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