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The Latest Breaking News from CNBC

Starbucks CEO wants to go back to basics

CEO Brian Niccol pledges to simplify Starbucks menus and restore its community feel

Salon

'No, You Don't Need A Golf Cart To Get The Mail': How This Millionaire Dad Keeps His Kids Financially Grounded

John Wetmore, a former struggling teen, balances raising privileged kids with instilling the value of hard work and financial responsibility.

International Business Times UK

U.S. Homebuyer Age Hits Record High As Younger Americans Are Priced Out

The average age of homebuyers in the United States has risen to 56 years old as younger generations struggles with affordability.

International Business Times

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Should Adult Children Be Financially Responsible For Their Parents? Here's Why Dave Ramsey Says 'No'

Ramsey tells a caller that their kids aren't obligated to support them financially because they raised them. He says parenting is a duty, not a repayable debt.

International Business Times UK

US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center

The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.

International Business Times

Nvidia Replaces Struggling Rival Intel On Dow Jones Industrial Average

The move is intended to 'ensure a more representative exposure to the semiconductors industry,' according to S&P Dow Jones Indices.

International Business Times

Anxious Google employees just broached cost-cutting concerns with executives—who were dressed in Halloween costumes

The tech giant’s chief scientist Jeff Dean was reportedly dressed as a starfish.

Fortune

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Brian Niccol has to get hold of 200,000 Sharpies so he can bring back a classic Starbucks tradition

“Unfortunately it’s not as simple as going to Staples and picking up some Sharpies,” Niccol said. “That’s the power of our scale.”

Fortune

Comcast Considers Spinning Out Cable Networks As New Company

Comcast is considering creating a separate company for its cable network portfolio that includes Bravo, CNBC and MSNBC.

International Business Times

JPMorgan sues TikTokers for fraud after viral 'infinite money glitch'

JPMorgan is reportedly attempting to recoup more than $661,000 in ill-gotten funds.

Fortune

JPMorgan Sues Customers For Stealing Money By Exploiting ATM Glitch

Chase has initiated four lawsuits, on Monday, in three federal courts in Houston, Los Angeles and Miami, alleging that two individuals and two businesses unlawfully kept over $661,000 after depositing checks that were later identified as counterfeit.

International Business Times

Delta hits CrowdStrike with $500m lawsuit

CrowdStrike’s dodgy update left millions of servers offline and grounded around 7,000 Delta flights – Delta now hits back.

TechRadar

Stop Trying to Reinvent the Infotainment System

I drive a lot of cars, and every time I hop inside a new one, the first thing I do is connect my phone to Apple CarPlay. It’s a must-have for most. A CNBC report said 79 percent of shoppers would only buy a car if it had Apple CarPlay.…

Motor1

The Sword Comes For Volkswagen

It's been a strange and unpredictable year for electric vehicle sales in America and, frankly, for new car sales in general. But if you want to assess the European market, replace the adjectives above with "apocalyptic." Intense competition from China, a weak economy, slowing EV demand as subsidies evaporate and…

InsideEVs

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International Business Times UK

After 10 Months Of Unemployment, Woman Rejects Lowball Offer—One Week Later, She Gets Good News

TikTok shares how turning down a lowball job offer led to a better opportunity. This is a reminder to job seekers: patience pays off.

The Independent UK

Delta sues CrowdStrike for $500 million in damages caused by massive airline cancelations

‘The havoc that was created deserves, in my opinion, to be fully compensated for,’ Delta’s CEO said in an interview

Fortune

America’s 10 richest men can’t agree who should be the next president

Some have thrown money and support behind the candidates, while others have stayed quiet.

Fortune

2 major polls show Donald Trump gaining slight edge over Kamala Harris in election race

Meanwhile Bloomberg is still polling Harris as slightly ahead in swing states.

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news in one place.

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Fortune

More billionaires are publicly backing Kamala Harris than Donald Trump

Democrats are often in favor of higher taxes on the rich, but in this election the wealthy are turning blue

Fortune

Mark Cuban says the election is now down to Harris vs. Musk—not Trump

Elon Musk takes lead in Republican race to presidency.

Fortune

Hedge fund icon who predicted Black Monday warns that no matter who wins—Trump or Harris—inflation is coming

Buy gold and Bitcoin, the October 1987 crash oracle Paul Tudor Jones recommends.

International Business Times

Troubled Boeing Faces Investors And Awaits Strike Vote

Boeing will be under a spotlight Wednesday as the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking employees vote on whether to end a costly weeks-long stoppage.

International Business Times

Union Sees 'Tight' Vote On Contract To End Boeing Strike

Union leaders expect a close vote when 3,000 Boeing hourly workers weigh a sweetened contract offer that could end an almost six-week strike, the union's chief said Tuesday.

Fortune

The four high-powered executives most likely to inherit Bob Iger’s throne at Disney

The Bob Iger era at Disney will officially end in 2026.

Motor1

Stellantis Selling Its Massive Arizona Proving Grounds

It will end operations at the 4,000-acre facility by the end of the year.

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