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The Latest Breaking News from CNBC

Park City's wealthiest guests are furious after $20,000 ski trips became a disaster, and now investors are bailing

Ski patrollers went on strike during the busiest time of year as they negotiated for better wages and benefits.

Fortune

Uber CEO Open To Tesla Collaboration Amid Robotaxi Race Because 'Competing With Elon Musk Is No Easy Matter'

Uber CEO Dara Khosrowshahi has said his firm is open to cooperating with Elon Musk's Tesla in the driverless car market. At the same time, Khosrowshahi, took a slightly more combative tone with Amazon.

International Business Times UK

A bromance ends: Trump-Musk friendship goes from meteoric rise to epic meltdown in under a year

Though the tech billionaire quickly rose to the (self-titled) position of ‘first buddy,’ it ended in a flash, writes Mike Bedigan and Isabel Keane

The Independent UK

From analysis to the latest developments in health,
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Trump: H-1B visa program is "great"

Trump appeared to take the side of Elon Musk, who has called for more skilled foreign-born workers

Salon

Google CEO urges employees to move faster and 'stay scrappy' ahead of pivotal year in AI, report says

“In 2025, we need to be relentlessly focused on unlocking the benefits of this technology and solve real user problems.”

Fortune

Biden to decide Nippon-U.S. Steel deal

Biden has opposed the takeover and believes U.S. Steel should be domestically owned and operated

Salon

Biden Scraps Two Student Loan Forgiveness Plans: What Borrowers Must Know

Due to operational issues, the Biden administration has abandoned two important efforts to reduce student debt, depriving millions of Americans of anticipated financial aid.

International Business Times

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Big banks sued for alleged Zelle fraud

The federal government says the banks failed to investigate cases and reimburse consumers

Salon

Fed's Favored Inflation Gauge Rises Again In November

The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data published Friday, although the increase came in a touch below expectations.

International Business Times

Billionaires bought big in 2024

The wealth of the world's richest jumped to $14 trillion over the past year. Here's what they splurged on

Salon

Cathie Wood's Journey From Wall Street Royalty to Being Villainized By the Media: “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Cathie Wood, the founder and CEO of ARK Invest, is as well-known for her visionary investment strategies. Despite her frequent appearance amongst headlines, she says that was never her intention and she has been reluctant to embrace the spotlight that often accompanies her success. In a CNBC interview, Wood shared...

Barchart

Cathie Woods Journey From Wallstreet Royalty to Being Villanized By the Media, “In Early 2021, We Could Do No Wrong” But Now "We Can Do Nothing Right According to the Media"

Barchart

The Nissan-Honda Crisis, Explained

The news sent shockwaves across the auto industry, Wall Street and even the consumer space: Struggling Japanese automaker Nissan may merge with considerably less struggling Japanese automaker Honda. If you own, have owned or are a fan of either brand, this may come as a total surprise to you, and…

InsideEVs

Hundreds of OpenAI's current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale

A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.

Fortune

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Latin Times

Walmart Starts Putting Body Cameras on Employees to Combat Escalating Customer Rage

An undisclosed number of Walmart locations are testing whether the body cameras curb retail violence.

Salon

The financial worry of Gen X parents

More than half said they're concerned their children won't be financially independent adults

Fortune

Walmart is experimenting with body cameras for employees—like the ones used by cops—to ward off 'unprecedented levels' of shopper violence

Walmart is piloting a program at select stores where employees are required to wear body cameras.

Fortune

As dealers trash his legacy, ex–Stellantis CEO Carlos Tavares has no regrets

Carlos Tavares has no regrets about his premature exit from troubled automaker Stellantis.

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news in one place.

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Tom’s Guide

FBI warns Apple and Android users to avoid RCS messaging — here's why

RCS communications between Apple and Android devices still lack end-to-end encyption, leading to the FBI warning US users to look elsewhere.

Bored Panda

Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes

Elon Musk hints at a revolutionary underground tunnel that could take passengers from London to New York in less than an hour. The post Elon Musk Claims He Can Build $20bn Tunnel That Takes People From NYC To London In 54 Minutes first appeared on Bored Panda.

The Independent UK

Bitcoin price hits new all-time high after Trump confirms BTC federal reserve plan

Latest crypto record pushes bitcoin’s market cap above $2 trillion

Fortune

OpenAI whistleblower found dead in San Francisco apartment after taking his own life

"We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during this difficult time," OpenAI said in a statement.

Latin Times

Oscar Health CEO Blames High Denial Rates On Employer-Sponsored Insurance In Wake of Brian Thompson Assassination

The former Aetna CEO claimed individual plans are the best path forward for Americans

Fortune

CNBC reportedly plans to launch a streaming service

Stand-alone service is set to launch in the first quarter of 2025.

TechRadar

Comcast plans to launch another streaming service in 2025 – here's what that means for Peacock

There's big changes coming to Comcast in 2025, including a new streaming service that could be bad news for Peacock subscribers.

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