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The Latest Breaking News from CNBC

In the Mike Tyson vs. Jake Paul fight, their paydays may have been vastly different

Nakisa Bidarian, cofounder of fight promoter Most Valuable Promotions, told CNBC that Tyson and Paul would each be making eight figures.

Fortune

AMD To Reduce Global Workforce By 4% Amid AI Focus

″As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%," an AMD representative said in a statement.

International Business Times

Dogecoin surges as Trump announces DOGE

Elon Musk, a fan of the cryptocurrency, has been named a leader of the "Department of Government Efficiency"

Salon

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

Elon Musk Spent $118 Million To Elect Trump. What Will He Get in Return?

Will the mercurial tech mogul put his thumb on the scale to help his own companies, or will he push for a broader deregulatory agenda?

Reason

Ecosia, Qwant Partner On EU-Centric Search Engine Initiative To Counter Google

Ecosia and Qwant, two European search engines, collaborate to create a privacy-focused search index that promotes digital sovereignty and lessens reliance on Big Tech companies.

International Business Times

Starbucks CEO wants to go back to basics

CEO Brian Niccol pledges to simplify Starbucks menus and restore its community feel

Salon

'No, You Don't Need A Golf Cart To Get The Mail': How This Millionaire Dad Keeps His Kids Financially Grounded

John Wetmore, a former struggling teen, balances raising privileged kids with instilling the value of hard work and financial responsibility.

International Business Times UK

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U.S. Homebuyer Age Hits Record High As Younger Americans Are Priced Out

The average age of homebuyers in the United States has risen to 56 years old as younger generations struggles with affordability.

International Business Times

Should Adult Children Be Financially Responsible For Their Parents? Here's Why Dave Ramsey Says 'No'

Ramsey tells a caller that their kids aren't obligated to support them financially because they raised them. He says parenting is a duty, not a repayable debt.

International Business Times UK

US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center

The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.

International Business Times

Nvidia Replaces Struggling Rival Intel On Dow Jones Industrial Average

The move is intended to 'ensure a more representative exposure to the semiconductors industry,' according to S&P Dow Jones Indices.

International Business Times

Anxious Google employees just broached cost-cutting concerns with executives—who were dressed in Halloween costumes

The tech giant’s chief scientist Jeff Dean was reportedly dressed as a starfish.

Fortune

Brian Niccol has to get hold of 200,000 Sharpies so he can bring back a classic Starbucks tradition

“Unfortunately it’s not as simple as going to Staples and picking up some Sharpies,” Niccol said. “That’s the power of our scale.”

Fortune

Comcast Considers Spinning Out Cable Networks As New Company

Comcast is considering creating a separate company for its cable network portfolio that includes Bravo, CNBC and MSNBC.

International Business Times

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Fortune

JPMorgan sues TikTokers for fraud after viral 'infinite money glitch'

JPMorgan is reportedly attempting to recoup more than $661,000 in ill-gotten funds.

International Business Times

JPMorgan Sues Customers For Stealing Money By Exploiting ATM Glitch

Chase has initiated four lawsuits, on Monday, in three federal courts in Houston, Los Angeles and Miami, alleging that two individuals and two businesses unlawfully kept over $661,000 after depositing checks that were later identified as counterfeit.

TechRadar

Delta hits CrowdStrike with $500m lawsuit

CrowdStrike’s dodgy update left millions of servers offline and grounded around 7,000 Delta flights – Delta now hits back.

Motor1

Stop Trying to Reinvent the Infotainment System

I drive a lot of cars, and every time I hop inside a new one, the first thing I do is connect my phone to Apple CarPlay. It’s a must-have for most. A CNBC report said 79 percent of shoppers would only buy a car if it had Apple CarPlay.…

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InsideEVs

The Sword Comes For Volkswagen

It's been a strange and unpredictable year for electric vehicle sales in America and, frankly, for new car sales in general. But if you want to assess the European market, replace the adjectives above with "apocalyptic." Intense competition from China, a weak economy, slowing EV demand as subsidies evaporate and…

International Business Times UK

After 10 Months Of Unemployment, Woman Rejects Lowball Offer—One Week Later, She Gets Good News

TikTok shares how turning down a lowball job offer led to a better opportunity. This is a reminder to job seekers: patience pays off.

The Independent UK

Delta sues CrowdStrike for $500 million in damages caused by massive airline cancelations

‘The havoc that was created deserves, in my opinion, to be fully compensated for,’ Delta’s CEO said in an interview

Fortune

America’s 10 richest men can’t agree who should be the next president

Some have thrown money and support behind the candidates, while others have stayed quiet.

Fortune

2 major polls show Donald Trump gaining slight edge over Kamala Harris in election race

Meanwhile Bloomberg is still polling Harris as slightly ahead in swing states.

Fortune

More billionaires are publicly backing Kamala Harris than Donald Trump

Democrats are often in favor of higher taxes on the rich, but in this election the wealthy are turning blue

Fortune

Mark Cuban says the election is now down to Harris vs. Musk—not Trump

Elon Musk takes lead in Republican race to presidency.

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