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Costco's founder met Jeff Bezos for coffee—his advice helped turn a near-death Amazon into a $2 trillion business
In 2001, tech stocks went bust and Amazon struggled. A coffee meeting with Costco founder Jim Sinegal helped convince Jeff Bezos to rethink his prices.Business - CNBC - Yesterday -
5 major U.S. cities where it's harder for Gen Z to afford rent than it was for millennials at the same age
In these 5 U.S. cities, Gen Z renters are spending a larger portion of their income on rent than Millennials did a decade ago.Business - CNBC - Yesterday -
5 things we're watching in the stock market in the week ahead
The post-election rally came to a halt this week.Business - CNBC - Yesterday -
House Speaker Johnson calls ethics report on Matt Gaetz a 'rough draft' and says it shouldn't be released
"It's in a rough draft form. Was not yet ready to be released, and since Matt Gaetz left the Congress, I don't think it's appropriate to do so," Johnson said.Business - CNBC - Yesterday -
European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space
The Exploration Company announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.Business - CNBC - Yesterday -
K-pop agencies mostly struggled in third quarter — but 2025 may bring financial recovery
All of the "Big Four" companies, except JYP Entertainment, posted falls in profits for the third quarter of 2024.Business - CNBC - 17 hours ago -
Samsung shares climb more than 7% after surprise $7 billion buyback plan
The company last bought back shares in November 2017.Business - CNBC - 17 hours ago -
Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand's same-sex marriage law could add 4 million tourists and $2 billion in tourism revenue per year, according to a report commissioned by Agoda.Business - CNBC - 10 hours ago -
Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.Business - CNBC - 14 hours ago -
European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory
Tech CEOs in Europe are urging the region to take bolder actions to tackle Big Tech's dominance and counter reliance on the U.S. after Donald Trump's presidential election win.Business - CNBC - 12 hours ago -
Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of the year.Business - CNBC - 4 hours ago -
Tesla stock pops after report Trump wants to relax U.S. self-driving rules
Elon Musk was a central figure in the business world pushing for Trump's return to the White House in the lead-up to this month's elections.Business - CNBC - 1 hour ago -
AMC is poised to ride the box-office rebound, as long as its debt doesn't get in the way
AMC is taking strides to improve its revenue and coax lapsed moviegoers back into its theaters with premium screens and specialty popcorn buckets.Business - CNBC - 5 hours ago -
Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary
Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.Business - CNBC - 7 hours ago -
Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary
The CEO has denied that climate change is a global crisis that requires a transition away from fossil fuels.Business - CNBC - 1 hour ago -
Procrastinating on open enrollment? How to get it done today, in 3 easy steps
Choosing health insurance during open enrollment may seem complicated, but it's easy once you break it down into steps.Business - CNBC - 6 hours ago -
NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
The NBA and WBD have agreed to end all legal disputes, allowing the league to move forward with new media partners Comcast, Disney and Amazon.Business - CNBC - 3 hours ago -
Russia warns U.S. is adding fuel to fire with long-range missile decision
The U.S. decision marks a major reversal in Washington policy a mere two months before the mandate expiry of President Joe Biden.Business - CNBC - 2 hours ago -
How Trump's win could change your health care
President-elect Donald Trump's return to the White House is poised to have big impacts on consumer health care.Business - CNBC - 1 hour ago -
What travelers need to know about Spirit Airlines' bankruptcy
Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago.Business - CNBC - 6 hours ago -
House Ethics panel to meet on Trump attorney general pick Matt Gaetz report Wednesday
Many Senate Republicans want the House Ethics Committee report on Matt Gaetz to be released. Gaetz is a close ally of President-elect Donald Trump.Business - CNBC - 3 hours ago -
Cloud software company ServiceTitan files to go public on Nasdaq
ServiceTitan focuses on selling a variety of software to small companies, rather than enterprises.Business - CNBC - 29 minutes ago -
There are just a few spaces left at our NYC Pub Quiz. Did we mention the prizes?
Spilling the teeWorld - Financial Times - October 31 -
Anthropic Just Released Its Most Advanced Small AI Model Yet
The company’s new artificial intelligence system can move your cursor for you.Business - Inc. - October 22 -
Netflix Just Announced Its Smartest Idea Yet. Customers Are Going to Love It
The streaming giant is making it easier for customers to share what they love.Business - Inc. - October 28 -
Here's how much Kamala Harris is worth — it isn't just from politics
Beyond her decades in politics, the vice president's earnings include book royalties and investments.Top stories - CBS News - November 4 -
Just Received an Insulting Email? Here’s How to Instantly Turn Conflict Into Collaboration and Resolution
Science says a brief, informative, friendly, and firm response can immediately change the tone and the outcome.Business - Inc. - 5 days ago -
‘I’m just here for the selfie’: the mirror reflecting Rome’s TikTok visitor boom
Thousands flock to Chiesa di Sant’Ignazio di Loyola and other former hidden gems just for photo ops. There are two entrances for visitors to Chiesa di Sant’Ignazio di Loyola, a prominent ...World - The Guardian - 3 days ago -
AI startup funding hit a record in the L.A. area last quarter. Here's who got the most money
L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.Entertainment - Los Angeles Times - November 8 -
Why the Tories stay ahead on political firsts
Rule book ability to change its leaders has driven its success — but also its dysfunctionWorld - Financial Times - November 4 -
Why the first Sunday of the season won't disappoint
A Final Four rematch. Ashlyn Watkins' return. A new era at Iowa and Virginia Tech. And a court dedication at Maples. Sunday's schedule is must-see.Sports - ESPN - November 10 -
Here's how Starbucks' new CEO plans to overhaul its struggling cafes
Starbucks to bring back ceramic mugs and messages written in Sharpie pens to revive a coffeehouse vibe at its nearly 40,000 stores.Top stories - CBS News - October 31 -
Meet the startup that just won the Pentagon’s first AI defense contract
The Pentagon awards its first-ever generative AI defense contract worth $1.8M to Jericho Security, targeting deepfake attacks and AI-powered threats against military personnel including drone pilots.Tech - VentureBeat - November 5 -
Why this week is so crucial for American consumers — and it’s not just the election
American consumers are facing a momentous week, with the outcome of two key events set to shape their financial futures.Business - MarketWatch - November 5 -
Dodgers and Yankees will meet for the 12th time in World Series. How did the first 11 go?
A look at the previous 11 World Series that featured the Dodgers playing against the New York Yankees, including Hall of Famers who played in them.Sports - Yahoo Sports - October 23 -
Tracking college basketball freshman debuts: How Cooper Flagg and other five-star recruits did in first game
We're tracking the performances of every five-star recruit from the 2024 recruiting class in their first college gameSports - CBS Sports - November 7