cnbc 2 months ago

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say

CNBC

WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say

WBD said this week it had received "unsolicited interest" from multiple parties.

cnbc 6 months ago

Trump threatens tough trade deal for Spain after it refuses to meet NATO defense spending target

CNBC

Trump threatens tough trade deal for Spain after it refuses to meet NATO defense spending target

"We're negotiating with Spain on a trade deal and we're going to make them pay twice as much," Trump said after the country refused to meet the spe...

cnbc 6 months ago

'Bitcoin Family' hides crypto codes etched onto metal cards on four continents after recent kidnappings

CNBC

'Bitcoin Family' hides crypto codes etched onto metal cards on four continents after recent kidnappings

After a wave of crypto kidnappings, the “Bitcoin Family” replaced its old security system with a decentralized, analog setup spread across four...

cnbc 6 months ago

Stablecoins stole the show at Bitcoin 2025 — here's what the major players said

CNBC

Stablecoins stole the show at Bitcoin 2025 — here's what the major players said

Stablecoins stole the spotlight at Bitcoin 2025, as U.S. officials backed new legislation to enshrine digital dollars.

cnbc 6 months ago

Nvidia beats on earnings and revenue as data center sales jump 73%

CNBC

Nvidia beats on earnings and revenue as data center sales jump 73%

Nvidia reported better-than-expected earnings and revenue on Wednesday.

cnbc 7 months ago

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

CNBC

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

The group allegedly posed as legitimate truck drivers, then siphoned off goods destined for Amazon warehouses to sell for a profit or gift to other...

cnbc 7 months ago

The U.S. and China are set for icebreaker trade talks. Here's what to expect

CNBC

The U.S. and China are set for icebreaker trade talks. Here's what to expect

Both sides have been looking for pathway to de-escalation, as the economic toll of tariffs have become increasingly difficult to ignore.

cnbc 8 months ago

For bitcoin bulls who self-custody crypto, the global risks are growing

CNBC

For bitcoin bulls who self-custody crypto, the global risks are growing

Many crypto believers don't trust brokers and exchanges to hold their bitcoin, but self-custody has become dangerous with climate and conflict risks.

cnbc 10 months ago

10-year Treasury yield shoots above 4.6% after hot CPI report

CNBC

10-year Treasury yield shoots above 4.6% after hot CPI report

U.S. Treasury yields rose on Wednesday after the January consumer inflation report.

cnbc 10 months ago

Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%

CNBC

Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%

The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.

cnbc 10 months ago

Trump says interest rates should be 'lowered' to go 'hand-in-hand' with his tariffs

CNBC

Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.

cnbc 10 months ago

CVS results top estimates even as high medical costs drag down insurance unit

CNBC

CVS shares pop 15% on big earnings beat, even as high medical costs drag down insurance unit

It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.

cnbc 10 months ago

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

CNBC

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.

cnbc 10 months ago

India's inflation cools to lower-than-expected 4.31% in January

CNBC

India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meetin...

cnbc 1 year ago

He bought a KFC store in Australia for $100,000 in 1969. Today, his fast food company is worth over $3 billion

CNBC

He bought a KFC store in Australia for $100,000 in 1969. Today, his fast food company is worth over $3 billion

Jack Cowin, founder and chairman of Competitive Foods Australia, shares his "biggest break" in life, which ultimately made him a billionaire.

cnbc 1 year ago

French government toppled by opposition parties in no-confidence vote

CNBC

French government toppled in no-confidence vote brought by opposition

The French government has been ousted in a vote of no-confidence, plunging the euro zone's second-largest country into deep political and economic ...

cnbc 1 year ago

Bank of Korea to hold emergency meeting after Yoon lifts martial law

CNBC

Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market

The announcement came shortly after the BOK held an emergency board meeting.

cnbc 1 year ago

I’ve travelled to 40 countries with my parents. We’re magnets for mishaps — and couldn’t be more grateful

CNBC

I’ve travelled to 40 countries with my aging parents. It's 'the best investment I've ever made'

Near-death experiences in Zimbabwe, road trips to nowhere in Cuba. Media executive Todd Miller details how his family used humor to deal with disas...

cnbc 1 year ago

As global defense spending surges, South Korean arms makers look like a clear winner

CNBC

As global defense spending surges, South Korean arms makers look like a clear winner

A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global ...

cnbc 1 year ago

Okta shares pop 18% on earnings beat, strong guidance

CNBC

Okta shares pop 18% on earnings beat, strong guidance

Okta shares soared Tuesday after the company reported strong third-quarter results.