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The Latest Breaking News from CNBC

Elon Musk says US and China tensions over Taiwan control should be 'concern for everyone'

The Twitter CEO described the Chinese economy and global economy like 'conjoined twins' as he warned of the potential catastrophic impact of a Chinese invasion of Taiwan

Daily Mirror

Musk says 'laptop class' should stop 'the work-from-home' BS

Musk argued that professional workers were being unfair in asking to work-from-home while factory and service workers still had to work in-person.

Fortune

Top Obama economist says we should abolish the debt limit as the current political 'brinksmanship' hurts the economy

The Harvard professor has argued since 2017 that the debt ceiling no longer helps restrain the national debt as intended.

Fortune

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SpaceX hires former NASA human spaceflight chief Kathy Lueders: report

Kathy Lueders, who retired as NASA's human spaceflight chief at the end of April, will help SpaceX develop its giant new Starship deep-space transportation system.

Space

The Real Reasons Couples Argue About Money

Arguing about money — or not talking about it at all? You’re not alone. Understanding your own relationship with money can help couples become unstuck.

Kiplinger

Fisker Cuts 2023 Production Forecast On Underwhelming Q1 Results

Fisker's first-ever revenue-generating quarter was disappointing with only $198,000 in revenue and a wider-than-expected loss of $120.6 million.

InsideEVs

Is the grocery industry broken?

In a world where we're forced to choose between monopolies, it becomes apparent that the grocery industry is broken

Salon

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NBCU finalizing settlement with CNBC reporter Hadley Gamble

Gamble's internal complaint led to the investigation, and ultimate firing, of NBCU CEO Jeff Shell.

Axios

Google I/O rumored to bomb-Bard us with AI updates — 3 new features that’ll scare ChatGPT

A new report from CNBC reveals that Google I/O will roll out a slew of new AI updates and news.

Laptop

Bard bombshell — Google AI plans just leaked ahead of I/O 2023

Leaked documents unveil Google's entire roadmap for AI at this year's I/O conference, including plans for Bard and a new LLM.

Tom’s Guide

Debt limit veterans look for hopeful signs in Tuesday's meeting - Roll Call

The White House meeting comes a little over three weeks before the federal government could run out of borrowing room.

Roll Call

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

Fortune

Here's how to watch Warren Buffett and Charlie Munger's annual Q&A with shareholders for free

The Oracle speaks.

Fortune

Zaslav Champions 'Both Sides' Journalism For CNN: 'We Need to Hear Both Voices'

The Warner Bros. Discovery CEO also defended the controversial decision to bring Donald Trump back on CNN: 'He should be'

Broadcasting & Cable

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iMore

Apple employees rest easy — Tim Cook says mass layoffs aren't on the cards

Apple CEO Tim Cook says that the company isn't planning mass layoffs unlike others.

Fortune

Apple CEO Tim Cook: Mass layoffs are a 'last resort'

Apple hired fewer people than its peers during the pandemic, and so has avoided giant layoffs even as Meta, Amazon and others cut tens of thousands of jobs.

Salon

MAGArich propel GOP through Trumpulence

With tech billionaire Peter Thiel showing reluctance to spend big, meet the other rich Republicans being wooed

Fortune

One of Wall Street's top investors says banks forgot 'Finance 101', landing them in same crisis the sector has been seeing for decades

“How many times are we going to learn this lesson?” he questioned after the collapse and rescue of First Republic.

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The Week

De-dollarisation: why are countries looking to ditch US currency?

The long reign of the US dollar as the world’s reserve currency may be drawing to a close as non-Western and emerging economies look for alternatives to the greenback.

TechRadar

Young people are using VR more than the generations who came before them, but I'm worried about Meta's influence.

Barchart

Strong Earnings Results Boost Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.65%. Stock indexes Friday posted moderate gains, with the S&P...

InsideEVs

ARK Predicts Tesla Stock To At Least $2,000 By 2027, But Why?

There are many reasons Tesla could have much success going forward, but ARK CEO Cathie Wood has her eyes on something Elon Musk has been teasing for years.

ABC News

ASX falls, Japan's Kirin to buy Blackmores for $2 billion, Wall St eases as First Republic banking crisis outweighs tech profits — as it happened

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

Barchart

Microsoft Still a Buy Despite U.K. Downer

A day after Microsoft reported strong earnings, the company got bad news about its proposed acquisition of Activision Blizzard. Nevertheless, MSFT stock gained more than 7% on Wednesday despite the U.K. regulator blocking the transaction.

Barchart

Stocks Mixed as Microsoft Leads Tech Higher and First Republic Weighs on Banks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.96%. U.S. stock indexes this morning are mixed, with the...

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