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The Latest Breaking News from CNBC

'Everybody Wanted to Keep the Hemi' Except Stellantis Ex-CEO Tavares, Sources Say

Carlos Tavares is gone as Stellantis' CEO, and in the aftermath of his resignation, a number of company insiders have come forward to provide an autopsy on his time as chief executive. It's not pretty, but one part of the saga is particularly jarring. “Everybody wanted to keep [Hemi],” a source…

Motor1

Bank Of America Says US Labor Market Is Stagnant: 'Low-Hire, Low-Fire'

The 51% of workers who want a new job may have to wait a while — but they probably won't get laid off in the meantime.

International Business Times

Jim Cramer: Exxon Is 'Overvalued' Versus Rival Oil Giant, Avoid Lumen Technologies

On CNBC's "Mad Money Lightning Round," Jim Cramer said Exxon Mobil Corporation is "overvalued" versus Chevron.

Benzinga

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read the most diverse news in one place.

Shark Tank's Kevin O'Leary, Dodgers CEO Among Investors Eyeing TikTok Purchase and Revamp

A US court could ban TikTok if its Chinese parent company doesn't sell its stake. Several billionaires have expressed interest in acquiring the platform.

International Business Times UK

Jim Cramer Makes Ralph Lauren Prediction, SoundHound AI Finally 'Broke Out'

On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes Ralph Lauren, which reported better-than-expected earnings.

Benzinga

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

Latin Times

Business of Football: NFL Owners Fully Embrace Private Equity Funding

NFL owners are turning to private equity investors to raise capital, adding even more value to their franchises.

Sports Illustrated

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Robinhood CEO Vlad Tenev Says Sports Betting Comments Taken 'A Little Bit Out Of Context,' But He Also 'Wouldn't Rule It Out'

Robinhood Markets saw early success with the launch of event contracts ahead of the 2024 presidential election. Now the company appears to be eyeing the sports betting space.

Benzinga

JetBlue Cuts Unprofitable Domestic and Transatlantic Routes, Will End Service From JFK to Miami

The airline will also reduce service from JFK to Austin, Texas and end its second daily flight from JFK to Paris.

International Business Times

UnitedHealthcare CEO Fatally Shot a Month After US DOJ Sues Parent Company's £2.59B Takeover of Amedisys

Brian Thompson was fatally shot in the chest outside the Hilton Hotel in midtown Manhattan, where UnitedHealth Group was about to begin its investor day. He was rushed to the Mount Sinai West Hospital but later succumbed to his injuries.

International Business Times UK

Top Executive Shot Dead Outside New York Hotel

The chief executive of US health insurance giant UnitedHealthcare was shot and killed outside a New York hotel on Wednesday in an apparently targeted hit, local media reported.

International Business Times

UnitedHealth Cancels Investor Day After Executive Brian Thompson Is Shot

UnitedHealth Group was scheduled to host its annual Investor Day Wednesday but the event was cancelled following the fatal shooting of its insurance unit CEO.

Kiplinger

Masked Gunman Who Killed UnitedHealthcare CEO Outside of Midtown Hotel Used Silencer: Report

Police are revealing eerie new details surrounding the "targeted" killing of UnitedHealthcare CEO Brian Thompson.

Latin Times

US may close minimum-wage loophole

A decades-old rule allows companies to pay workers with disabilities less than a dollar an hour

Salon

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Benzinga

Art Cashin's Lessons: Cuban Crisis Trades To Timeless Wall Street Wit

Bob Pisani, Cashin's friend and CNBC reporter, described him as "that rarest of creatures: a man respected by all, bulls and bears, liberals and conservatives alike" and "a great drinker and raconteur, a teller of stories."

Benzinga

TikTok Shop Bags More Than $100 Million In Black Friday Sales With Potential Ban Ahead

TikTok Shop saw more than $100 million in sales on Black Friday as the social media app's bet on live shopping in the US appears to be paying off.

Fortune

Talks of Donald Trump Jr. joining the board of a little-known company minutes away from Mar-a-Lago just doubled its stock price

Trump Jr. could reportedly join the board as early as Tuesday.

Salon

Betting markets also won the election

Supporters say the outcome bolsters the case for election betting in the U.S.

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Salon

Student loan payments could rise

It all depends on whether Trump will keep President Biden’s SAVE repayment plan

The Guardian - US

The Jets are the NHL’s hottest team. So why can’t they fill their arena?

Winnipeg got off to a record-setting start to the season. But balancing corporate demands and human passion is a tough task

TechRadar

Elon Musk raises $6 billion for xAI’s Memphis data center; will purchase 100,000 Nvidia chips to boost Tesla’s full self-driving capabilities

Elon Musk raises $6 billion to buy 100,000 Nvidia chips for xAI’s Memphis data center

International Business Times

Thanksgiving Can Be A Great Time To Discuss Your Parent's Estate Plans, Experts Say

'What I like to do is start with small topics and build up to the bigger topics,' said David Peterson, head of advanced wealth solutions at Fidelity.

Benzinga

Reddit Targets India, Brazil To Boost Global User Growth, Revenue

Reddit is expanding globally, targeting India and Brazil for growth and ads. With 50% users outside US, there's huge potential for ad revenue.

Benzinga

Jim Cramer Says Bitcoin And Ethereum 'Deserve A Spot In Your Portfolio' As Hedge Against Rising US Debt: 'I've Liked Crypto For A Very Long Time'

Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit.

Latin Times

Bitcoin Loses Billions in Value After Infamously 'Cursed' Business TV Host Jim Cramer Calls It a 'Winner'

The "Cramer Curse" endures as the host of CNBC's "Mad Money" calls Bitcoin a "winner" days before its price dropped.

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