SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France’s President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023. Ludovic Marin | Afp | Getty Images Tesla CEO Elon Musk sent an email to “everybody” at his electric vehicle maker on Monday, expressing concern over the...
Speaker of the House Kevin McCarthy, R-Calif., leaves the Capitol on his way to meet with Preident Biden to discuss the debt limit on Tuesday, May 9, 2023. Bill Clark | Cq-roll Call, Inc. | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors...
A New York federal judge warned JPMorgan Chase that he might find the bank in contempt of court if it does not speed up in producing evidence related to late sexual offender and money manager Jeffrey Epstein for lawsuits by an Epstein accuser and the government of the U.S. Virgin Islands, CNBC has learned. Judge...
People walk and ride bicycles past the US Capitol in Washington, DC, on May 11, 2023. Jim Watson | AFP | Getty Images WASHINGTON — The Congressional Budget Office on Friday said tax revenues and emergency measures after June 15 “will probably allow the government to continue financing operations through at least the end of...
Sundar Pichai, CEO of Alphabet, speaks during an event in New Delhi, December 19, 2022. Sajjad Hussain | AFP | Getty Images It’s been a week since earnings season for mega-cap tech came to an end, with Apple’s report last Thursday. A theme investors heard from top execs across Silicon Valley and beyond was it’s...
A presenter stand next to Hyundai’s all-electric SUV ‘IONIQ 5’ during its launch at the Auto Expo 2023 on January 11, 2023 in Greater Noida, India. Ajay Aggarwal | Hindustan Times | Getty Images South Korean automaker Hyundai Motor Company is ramping up its production capabilities as it aims to become one of the world’s...
The Naver Corp. website arranged on a screen in Gimpo, South Korea on Sept. 9, 2021. SeongJoon Cho | Bloomberg | Getty Images While artificial intelligence chatbots like ChatGPT pose a threat to the search ad market, South Korean internet giant Naver sees the rise of AI as an opportunity for the company. Naver is...
Former President Donald Trump boards his airplane after speaking at a campaign event in Manchester, New Hampshire, April 27, 2023. Jabin Botsford | The Washington Post | Getty Images A judge Monday barred former President Donald Trump from making public evidence and other material related to a pending criminal case against him in New York,...
The World Travel & Tourism Council says the global travel and tourism sector won’t fully recover this year — but it will get close. The sector is forecast to reach $9.5 trillion in 2023, just 5% shy of its gross domestic product contribution in 2019, according to the WTTC’s 2023 Economic Impact Research. After a...
Berkshire Hathaway‘s annual shareholder meeting on Saturday included dozens of questions spanning topics such as investing strategy, artificial intelligence and politics for the legendary investors at the helm of the conglomerate: Chairman Warren Buffett and Vice Chairman Charlie Munger But it wasn’t all strictly business. Buffett and Munger — who are 92 and 99 years...