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Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary
Elon Musk posted on X his endorsement of the billionaire CEO of Cantor Fitzgerald on Saturday.Business - CNBC - November 16 -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
Samsung shares climb more than 7% after surprise $7 billion buyback plan
The company last bought back shares in November 2017.Business - CNBC - 6 days 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 - 6 days 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 - 6 days 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 - 6 days 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 - 5 days 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 - 5 days 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 days 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 - 5 days 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 - 5 days 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 - 5 days ago