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The Latest Breaking News from CNBC

Jamie Dimon confirms his hit-by-a-bus CEO pick for JPMorgan Chase

“Eventually, I have to leave—I know that,” said Dimon.

Fortune

Musk's pro-Trump PAC may have broke laws

Legal experts told Salon that the billionaire's pro-Trump America PAC may have broken state and federal statutes

Salon

Airline offers women the choice of not sitting next to men when they book seats

India's biggest domestic airline IndiGo has had a great reaction to its policy says CEO Pieter Elbers.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Elon Musk's troubled Trump PAC is now being investigated by two swing states after appearing to scrape voters' data

The probe is the latest of the PAC’s troubles, with a major shakeup happening in late July.

Fortune

CNBC’s Jim Cramer faces backlash for telling viewers who care about their paycheck to ‘go with Trump’

‘Welp I’m voting Kamala now because this guy is always wrong,’ one X user wrote

The Independent UK

Read CrowdStrike’s harsh letter to Delta over flight outage meltdown

CrowdStrike is firing back against Delta over who's to blame for the aftermath of a recent outage.

The Street

An emergency Fed rate cut of 75 basis point is needed now, Wharton’s Jeremy Siegel says

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

Fortune

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Fed Under Pressure To Cut Rates As Market Turmoil Continues

The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates swiftly and decisively, with some analysts now calling for it to make an emergency cut before its September rate decision.

International Business Times

Elon Musk PAC under investigation

Musk, who endorsed Trump, founded a PAC that is collecting voter data under the guise of registering them to vote

Salon

Deep Bagchee Joins CNBC As International President

Exec was chief product officer at ITV

Multichannel News

Elon Musk PAC Under Investigation For Potential Violation Of Michigan Laws

A super PAC that Elon Musk said he "created" is now being investigated by Michigan over the PAC website's user information collection process that varies depending on a voter's residence.

International Business Times

Delta Airlines CEO slams Microsoft and CrowdStrike over global meltdown — “When was the last time you heard of a big outage at Apple?”

In an interview with CNBC, Delta Airlines CEO Ed Bastian questions when Apple last had an outage on the scale of CrowdStrike and Microsoft.

iMore

Delta CEO reveals major consequence of recent flight cancellations

The airline is having a rough year, and it just got more challenging.

The Street

Copper Prices Are A Can't-Miss Bet; Why Power-Hungry AI, EVs Will Fuel FCX, TECK

China is weighing on copper prices, but surging demand for AI and electric vehicles and looming supply shortfalls should make FCX and TECK big winners.

Investors Business Daily

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TechRadar

Microsoft employees are set for a tasty bonus following record profits

Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June.

The Independent UK

Delta CEO says airline is facing $500 million in costs from global tech outage last week

Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown last week

The Independent UK

Major phone companies could face lawsuits over sharing of stolen nude images

Lawyers say a recent court decision in Washington state could help customers hold carriers such as AT&T and T-Mobile responsible for phone store employees who capture their private data

Investors Business Daily

Delta Air Seeks Compensation From CrowdStrike, Microsoft Over IT Outage: CNBC

Delta Air Lines will seek compensation from CrowdStrike and Microsoft over the July 19 global IT outage that disrupted thousands of flights, CNBC reported Monday night.

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news in one place.

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Fortune

Billionaire CEO Jay Chaudhry made his employees into millionaires after selling his startup—'people were going crazy'

Now the CEO of Zscaler, Jay Chaudhry speaks of how his staff walked away with equity.

International Business Times UK

Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club

In a recent episode of CNBC's Mad Money show, Jim Cramer named companies like Eli Lilly, Tesla, JPMorgan, and Walmart that could reach a $1 trillion market valuation.

InsideEVs

China Is Paying People Extra To Dump Their Gas Cars

To mitigate a long-running retail slump, China is making it even better to buy a "new energy vehicle."

The Independent UK

Ex-Marvel boss sells entire stake in Disney after losing board fight

Perlmutter was laid off in 2023 despite remaining Marvel CEO during Disney takeover

Fortune

Warner Bros. Discovery reportedly sues the NBA after 40-year partnership

CNBC says media giant will take the league to court.

Fortune

The 6 top VP picks for Kamala Harris, ranked from most to least business-friendly

The shortlist of strong contenders for Kamala Harris' vice presidential pick range from a former astronaut to a billionaire.

International Business Times

Democratic Senators Raise Concerns Over T-Mobile's $4.4B US Cellular Deal

The senators think the consolidation of T-Mobile and US Cellular would have "far-reaching effects," reducing choices for consumers and potentially leading to higher prices.

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