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The Latest Breaking News from CNBC

The SEC gives crypto a fresh scare

Recent enforcement actions constitute the clearest warning yet.

Axios

Tesla Stock Could Hit $1,500 A Share By 2030, Says Investor Ron Baron

Tesla stock is back on the rise after a miserable end of 2023. The EV maker cut prices and demand is high. It seems EVs are catching on and are here to stay.

InsideEVs

Biden says Chinese spy balloon was ‘not a major breach’ of national security after crucial evidence lost in ocean

The president says he wanted it to be shot as soon as possible

The Independent UK

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

Disney CEO Bob Iger says success made him ‘overconfident’ and dismissive of others. Now he wants to bring more ‘self-awareness’ to his second stint with the company

Iger recently returned to the helm of the entertainment giant.

Fortune

Santos linked to bad checks to breeders

According to Santos, someone had stolen his checkbook

Salon

Dominion nails Fox News over fraud proof

Dominion's attorney took the company's complaints to a judge

Salon

Kids valentines are too damn competitive

Forget homemade or mere paper sentiments. Don't show your face in class unless your cards come with a bonus item

Salon

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Signs of life in the housing market could spell trouble

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

Fortune

Look Out Google, Microsoft Is Coming For Search Share: Why Satya Nadella Says ‘I’ve Never Ever Felt This Liberated In Terms Of Opportunity’

Microsoft Corp (NASDAQ: MSFT) doubled down on its investment in OpenAI's ChatGPT last month, and among the many use cases, the tech giant has set its sights on arguably the most near-term AI opportunity

Zenger

Ford’s CEO is the new face of a more ‘efficient’ corporate America after getting candid and hinting at more layoffs: ‘It takes us 25% more engineers to do the same work’

CEOs are channeling their companies' economic woes into a push for greater efficiency.

Fortune

Morgan Stanley's chief strategist thinks investors are in for a bumpy ride after they realize there's no more Fed rate cut 'heroin'

“Once people realize the Fed’s not cutting rates—there’s no more heroin, so to speak—then we’re going to price the fundamentals, which are clearly deteriorating in our view,” Wilson told CNBC Tuesday.

Fortune

Jay Leno broke bones in a recent motorcycle accident — and now his 'Garage' is canceled

Jay Leno broke his collarbone and several other bones in a motorcycle accident last week, the comic revealed in an interview published Thursday night. The revelation comes less than two months after he suffered second-degree burns in a car fire in his Burbank garage — and at the same time…

Los Angeles Times

[UPDATE] Report: Jay Leno's Garage TV Series Cancelled

The network is allegedly changing its programming strategy during primetime. Leno's show doesn't fit with that plan.

Motor1

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Tribune News Service

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Fortune

JPMorgan’s top strategist warns stocks have a 10%-plus drop ahead: ‘Things have to get worse before they can get better’

“I think it created this narrative that the worst is behind us...the recession happened somehow magically last year,” JPMorgan's top strategist told CNBC Tuesday. “We don’t agree.”

The Independent UK

Former Google employee documents ‘day in my life getting laid off’ TikTok video

Nicole Tsai’s video garnered more than three million views as Google lays off 12,000 workers

Fortune

Jamie Dimon says remote work ‘doesn’t work’ for bosses, young workers, or ‘spontaneity'

But it does work for women, the JPMorgan chief added.

Fortune

JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

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Fortune

JPMorgan CEO Jamie Dimon says Ukraine could be an 'inflection point for the Western world': 'The only thing that matters for the future of the world is how this thing plays out'

A recession may be on the way, but Jamie Dimon says the Ukraine war is still the world's most challenging crisis.

Fortune

Cisco’s CEO at Davos says most executives are ‘very optimistic’ about the economy's future—despite Americans' recession fears

While some Davos attendees warned of a looming recession, Cisco's CEO isn't worried. And Carlyle Group's co-founder argued that it might even be a good time to invest in stocks.

Fortune

Davos CEOs have never had a worse feeling about the global economy

The world's business leaders at Davos think the global economy is in for a rough few years. Do they know something we don't?

InsideEVs

CNBC Looks At How Rivian Electric Van Has Changed Amazon Deliveries

The Rivian-made electric delivery van used by Amazon has apparently had a very positive impact on the work lives of Amazon drivers.

Fortune

IMF chief sees light at the end of the tunnel amid global inflation and recession gloom

Kristalina Georgieva expects growth to bottom out this year.

Zenger

Anthony Scaramucci Invests In Former FTX US CEO’s New Company Showing New Interest In Crypto

Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at Future Of Crypto event.

Fortune

Delta has told staff they can no longer use their luxury Sky Clubs due to crowding

Delta Air Line staff have been told they can't use the company's luxury Sky Club lounges unless they fork out for a ticket - even if they're for company business.

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