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The Latest Breaking News from CNBC

Nasdaq Stops Trading In Trump Media Stock Due To Volatility, Shares Close Down Almost 10%

The plunge ended a nearly 150% rebound since shares in the company that owns the Truth Social website hit a record low last month.

International Business Times

"Scared" Trump cancels CNBC interview

Trump, 78, has been ducking serious interviews amid growing concerns about his fitness

Salon

Investors Seem Unimpressed With Tesla's Robotaxi Reveal

CEO Elon Musk unveiled the Cybercab concept in California Thursday evening, but investors seemed less than impressed

International Business Times

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Delta's earnings take $380 million hit from CrowdStrike outage

Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike.

Fortune

Hundreds of Florida Gas Stations Are Out of Fuel As Price Gouging Spikes Ahead of Hurricane Milton

As Hurricane Milton bears down on Florida, residents find themselves confronted with gasoline shortages and price gouging in the rush to stockpile or evacuate.

Latin Times

Hurricane Milton Could Cause $175B In Losses If It Hits Tampa: Analyst

A landfall near Fort Myers, about 95 miles south, could cause $70 billion in losses, Jefferies Financial Group stock analyst Yaron Kinar said.

International Business Times

Tiger Woods' Sun Day Red 'Reluctantly' Sues Company Over Logo-Infringement Claims

Sun Day Red has escalated its legal battle with cooling company Tigeraire after the latter filed a notice of objection with the UPTO

Golf Monthly

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Is Nvidia Stock a Buy on 'Insane' Blackwell Chip Demand?

Nvidia is a Big Tech giant positioned to benefit from the AI boom in the upcoming decade and deliver outsized gains to shareholders.

Barchart

Donald Trump and Elon Musk bromance timeline: Pair appear together at US election campaign rally

Elon Musk has changed his stance and is now a fervent backer of Donald Trump

Evening Standard

Rio Tinto Eyes $4-6 Billion Arcadium Takeover, Bolstering Global Lithium Presence

Rio Tinto is reportedly considering paying $4-6 billion to acquire U.S. lithium producer Arcadium, which would give it access to mines and processing facilities on four continents. The move highlights the global competition for lithium dominance in the face of rising demand for electric vehicles.

International Business Times

Most Major Movies Next Year Will Be Prequels, Sequels and Remakes: Report

The 2025 calendar shows 50% to 70% of the feature films from big studios will be based on existing characters and other intellectual property

International Business Times

Oil markets are too complacent as Israel is in 'three eyes for one eye' mode, expert says

“There may be tits for tats. The danger is the tits and the tats could get a lot bigger.”

Fortune

1 AI Biotech Stock That Just Scored a Major Milestone

Down over 85% from all-time highs, Recursion Pharmaceuticals is an AI-powered biotech company that aims to accelerate the drug discovery process.

Barchart

After Taylor Swift fiasco, Trump again shares fake celebrity endorsement

Trump’s account shared a message saying JPMorgan Chase CEO Jamie Dimon has endorsed him — but he hasn’t

The Independent UK

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Salon

Trump posts fake Jamie Dimon endorsement

The banking bigwig "has not endorsed a candidate," his reps clarified, after Trump posted a faked endorsement

Fortune

Port strike hits billions in trade for importers like Walmart

Those three companies account for nearly 125,000 of the standard shipping containers that have come through affected ports in the past year.

International Business Times

FTC Says Hess CEO Encouraged OPEC To Raise Prices, Bans Him From Chevron Board

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of OPEC member states.'

International Business Times

OpenAI Suffers $5 Billion Annual Loss On $3.7 Billion In Revenue: Reports

The revelation is contained in financial documents given to investors as part of a $7 billion funding push

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news in one place.

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USA Today Sports Media Group

Tiger Woods, TaylorMade and Sun Day Red hit with trademark dispute

A Baton Rouge, Louisiana-based company that makes air cooling systems claims Sun Day Red's logo resembles its logo too much.

Golf Monthly

Tiger Woods' Sun Day Red Brand Faces Trademark Dispute Over Logo

Tiger Woods' Sun Day Red has been accused of copying another company's logo and is now involved in a trademark dispute

Salon

Election misinfo goes viral on Facebook

A false claim recently went viral “and there wasn’t anything happening to stop it," one election official said

International Business Times

U.S. Labor Force Is Expected To Dramatically Shrink By The End Of The Decade; Immigrants Might Be The Remedy

The U.S. is expected to face a labor shortage of six million workers by the end of the decade, a figure that comes as migrant workers continue to increase

Latin Times

U.S. Labor Force is Expected to Dramatically Shrink by the End of the Decade; Immigrants Might be the Remedy

The U.S. is expected to face a labor shortage of six million workers by the end of the decade, a figure that comes as migrant workers continue to increase

Fortune

Top Fed official calls for further interest rate cuts, focus on labor market

Minnesota Fed president Neel Kashkari says policy “remains tight” and further rate cuts would depend on the state of the labor market.

InsideEVs

General Motors EV Sales 'Outstrip' The Industry

General Motors' electric car sales in July and August nearly matched its entire Q2 sales, showing signs of a strong momentum.

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